United States securities and exchange commission logo
April 9, 2024
Julie Whalen
Chief Financial Officer
Expedia Group, Inc.
1111 Expedia Group Way W
Seattle, WA 98119
Re: Expedia Group, Inc.
Form 10-K for the
year ended December 31, 2023
Filed February 9,
2024
Form 8-K filed
February 8, 2024
File No. 001-37429
Dear Julie Whalen:
We have limited our review of your filing to the financial
statements and related
disclosures and have the following comments.
Please respond to this letter within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe a
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your
response to this letter, we may have additional comments.
Form 8-K filed February 8, 2024
Adjusted Net Income (Loss), page 9
1. Your disclosure in Note
(a) indicates that you changed your methodology for the
computation of the
effective tax rate on pretax adjusted net income to a long-term
projected tax rate,
effective January 1, 2023. Please explain to us how you determined
your non-GAAP financial
measure complies with Question 102.11 of the Division of
Corporation Finance s
Compliance & Disclosure Interpretations on Non-GAAP Financial
Measures. In this
regard, Question 102.11 states, in part, that If a measure is a
performance measure,
the registrant should include current and deferred income tax
expense commensurate
with the non-GAAP measure of profitability.
Julie Whalen
FirstName LastNameJulie Whalen
Expedia Group, Inc.
Comapany
April NameExpedia Group, Inc.
9, 2024
April 29, 2024 Page 2
Page
FirstName LastName
Adjusted Net Income (Loss) & Adjusted EPS, page 13
2. Please provide a reconciliation of the per share Adjusted earnings per
share attributable to
Expedia Group, Inc. to per share GAAP diluted earnings per share.
Refer to Item
10(e)(1)(i)(B) of Regulation S-K and Question 102.05 of the Compliance
and Disclosure
Interpretations on Non-GAAP Financial Measures.
In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.
Please contact Jennifer O'Brien at 202-551-3721 or Craig Arakawa at
202-551-3650 with
any questions.
Sincerely,
Division of
Corporation Finance
Office of Energy
& Transportation