Expedia (EXPE) Gross Margin (2009 - 2026)

Expedia (EXPE) has 18 years of Gross Margin data on file, last reported at 89.0% in Q1 2026.

• On a quarterly basis, Gross Margin rose 94.0% year-over-year to 89.0% in Q1 2026; TTM through Mar 2026 was 90.27%, a 73.0% increase from a year earlier, with the FY2025 full-year figure at 90.12%, up 66.0% from the prior year.
• Gross Margin for Q1 2026 stood at 89.0%, down from 90.25% in the prior quarter.
• Over the last five years, Gross Margin for EXPE reached as high as 91.48% in Q3 2025 and fell as low as 83.5% in Q1 2022.
• Historically, Gross Margin has averaged 88.13% across 5 years, with a median of 88.22% in 2023.
• Across the five-year window, Gross Margin surged 846 bps in 2022 and rose 22 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 84.26% in 2022, then rose by 5 bps to 88.22% in 2023, then increased by 1 bps to 89.48% in 2024, then rose by 1 bps to 90.25% in 2025, then retreated by 1 bps to 89.0% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 89.0% in Q1 2026, 90.25% in Q4 2025, and 91.48% in Q3 2025.