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| Date | Value |
|---|---|
| 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% |