Expedia (EXPE) EBITDA Margin (2009 - 2026)

Expedia (EXPE) reported EBITDA Margin of 13.78% for Q1 2026, up 916.0% year-over-year from 1.36% in Q1 2025, and down 22.68% quarter-over-quarter from 17.82% 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 13.78% in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 13.78%, up 916.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.12% (up 450.0% YoY), and the FY2025 annual result was 18.45%, up 311.0% from the prior year.
  • EBITDA Margin eased to 13.78% in Q1 2026 per EXPE's latest filing, from 17.82% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 28.35% in Q3 2025 and troughed at 1.78% in Q1 2022.
  • A 5-year average of 14.55% and a median of 16.38% in 2022 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin surged 1679 bps in 2022, then sank 512 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 11.65% in 2022, then declined by 12 bps to 10.29% in 2023, then advanced by 27 bps to 13.03% in 2024, then jumped by 37 bps to 17.82% in 2025, then fell by 23 bps to 13.78% in 2026.
  • Business Quant data shows EXPE's EBITDA Margin at 13.78% in Q1 2026, 17.82% in Q4 2025, and 28.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 22.98%
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 3.21%
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 26.08%
4 Carnival 37.80 Bn 36.39 Bn - 9.85%
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 13.78%
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 9.99%
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 0.36%
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 16.55%
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 22.20%
10 MakeMyTrip 2.12 Bn 1.35 Bn - -4.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 13.78%
Dec 31, 2025 17.82%
Sep 30, 2025 28.35%
Jun 30, 2025 18.41%
Mar 31, 2025 4.62%
Dec 31, 2024 13.03%
Sep 30, 2024 23.62%
Jun 30, 2024 18.02%
Mar 31, 2024 2.94%
Dec 31, 2023 10.29%
Sep 30, 2023 20.39%
Jun 30, 2023 18.67%
Mar 31, 2023 2.10%
Dec 31, 2022 11.65%
Sep 30, 2022 25.50%
Jun 30, 2022 16.38%
Mar 31, 2022 1.78%
Dec 31, 2021 14.92%
Sep 30, 2021 23.67%
Jun 30, 2021 2.23%