Expedia (EXPE) EBITDA Margin (2009 - 2026)
Expedia's (EXPE) quarterly EBITDA Margin came in at 23.57% in Q2 2026, up 516.0% year-over-year from 3.83% in Q2 2025, and up 71.07% quarter-over-quarter from 13.78% in Q1 2026.
Analysis
Expedia (EXPE) EBITDA Margin (2009 - 2026) Analysis & Trends
Expedia (EXPE) has reported EBITDA Margin for 18 consecutive years, with 23.57% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 516.0% year-over-year to 23.57% in Q2 2026; TTM through Jun 2026 was 21.48%, a 572.0% increase from a year earlier, with the FY2025 full-year figure at 18.45%, up 311.0% from the prior year.
- EBITDA Margin was 23.57% for Q2 2026 at Expedia, up from 13.78% 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 15.05% and a median of 17.1% in 2022 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin jumped 1679 bps in 2022 and slumped 512 bps in 2023, its largest moves.
- Over 5 years, EBITDA Margin stood at 11.65% in 2022, then dropped by 12 bps to 10.29% in 2023, then gained by 27 bps to 13.03% in 2024, then soared by 37 bps to 17.82% in 2025, then surged by 32 bps to 23.57% in 2026.
- The last three EBITDA Margin figures came in at 23.57% (Q2 2026), 13.78% (Q1 2026), and 17.82% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn | 14.55% |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn | 34.00% |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn | 24.62% |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn | 21.01% |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn | 6.72% |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn | 21.57% |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn | 23.57% |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn | 13.71% |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - | - |
| 10 | Etsy | 7.07 Bn | 5.94 Bn | 484.05 Mn | 18.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.57% |
| 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% |