Expedia (EXPE) EBITDA Margin (2009 - 2026)
Expedia's (EXPE) quarterly EBITDA Margin came in at 7.33% in Q1 2026, up 967.0% year-on-year from 0.69% in Q1 2025, and down 38.13% on a QoQ basis from 11.84% in Q4 2025.
Expedia (EXPE) EBITDA Margin (2009 - 2026) Analysis & Trends
Expedia (EXPE) has 18 years of EBITDA Margin data on file, last reported at 7.33% in Q1 2026.
- On a quarterly basis, EBITDA Margin rose 967.0% year-over-year to 7.33% in Q1 2026; TTM through Mar 2026 was 14.45%, a 459.0% increase from a year earlier, with the FY2025 full-year figure at 12.7%, up 307.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 7.33%, down from 11.84% in the prior quarter.
- Over the last five years, EBITDA Margin for EXPE reached as high as 23.48% in Q3 2025 and fell as low as 6.0% in Q1 2022.
- Historically, EBITDA Margin has averaged 8.57% across 5 years, with a median of 10.85% in 2022.
- Across the five-year window, EBITDA Margin surged 2361 bps in 2022 and tumbled 519 bps in 2023, its largest moves.
- Year by year, EBITDA Margin stood at 4.89% in 2022, then declined by 26 bps to 3.6% in 2023, then surged by 88 bps to 6.78% in 2024, then jumped by 75 bps to 11.84% in 2025, then slumped by 38 bps to 7.33% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 7.33% in Q1 2026, 11.84% in Q4 2025, and 23.48% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 22.98% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 26.10% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 3.21% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 2.66% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 0.03% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 12.77% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 7.33% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 9.99% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 16.11% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 0.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.33% |
| Dec 31, 2025 | 11.84% |
| Sep 30, 2025 | 23.48% |
| Jun 30, 2025 | 12.81% |
| Mar 31, 2025 | -2.34% |
| Dec 31, 2024 | 6.78% |
| Sep 30, 2024 | 18.77% |
| Jun 30, 2024 | 12.68% |
| Mar 31, 2024 | -3.81% |
| Dec 31, 2023 | 3.60% |
| Sep 30, 2023 | 15.45% |
| Jun 30, 2023 | 13.19% |
| Mar 31, 2023 | -4.54% |
| Dec 31, 2022 | 4.89% |
| Sep 30, 2022 | 20.64% |
| Jun 30, 2022 | 10.85% |
| Mar 31, 2022 | -6.00% |
| Dec 31, 2021 | 7.15% |
| Sep 30, 2021 | 17.69% |
| Jun 30, 2021 | -6.25% |