Expedia
Q2 2022 Earnings Call
Aug 04, 2022, 4:30 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, everyone, and welcome to the Expedia Group Q2 2022 financial results teleconference. My name is Brika, and I'll be your operator for today's call. [Operator instructions]. For opening remarks, I will turn the call over to SVP, corporate development, strategy, and investor relations, Harshit Vaish.
Please go ahead.
Harshit Vaish -- Senior Vice President, Corporate Development, Strategy, and Investor Relations
Good afternoon, and welcome to Expedia Group's earnings call for the second quarter of 2022 that ended June 30. I'm pleased to be joined on the call today by our CEO, Peter Kern; and our CFO, Eric Hart. The following discussion, including responses to your questions, reflects management's view as of today, August 4, 2022 only. We do not undertake any obligation to update or revise this information.
As always, some of the statements made on today's call are forward-looking, typically preceded by words such as we plan, we expect, we believe, we anticipate, we are optimistic, or confident that or other similar statements. Please refer to today's earnings release and the company's filings with the SEC for information about factors which could cause our actual results to differ materially from these forward-looking statements. You will find reconciliation of non-GAAP measures to the most comparable GAAP measures discussed today in our earnings release, which is posted on the company's investor relations website at ir.expediagroup.com. And I encourage you to consistently visit our IR website for other important information.
Unless otherwise stated, any reference to expenses excludes stock-based compensation. And with that, let me turn the call over to Peter.
Peter Kern -- Chief Executive Officer
Thanks, Harshit, and good afternoon, everyone, and thank you for joining us today. Let me begin by saying that we were very pleased with our financial results in the quarter on the back of a continued recovery in all markets and products and our expanding margins. We've seen strong consumer demand for travel this summer and are encouraged that travel remains a top spending area even as other parts of the economy seem to be showing cracks. We posted our highest ever lodging bookings this quarter on the highest revenue and adjusted EBITDA for any second quarter. And we continue to further strengthen our liquidity with a strong free cash flow and the early redemption of an additional $1 billion of debt.