Expedia (EXPE) Gross Margin (2009 - 2026)

Expedia (EXPE) has reported Gross Margin for 18 consecutive years, with 90.66% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 62.0% year-over-year to 90.66% in Q2 2026; TTM through Jun 2026 was 90.43%, a 83.0% increase from a year earlier, with the FY2025 full-year figure at 90.12%, up 66.0% from the prior year.
• Gross Margin was 90.66% for Q2 2026 at Expedia, up from 89.0% in the prior quarter.
• Over five years, Gross Margin peaked at 91.48% in Q3 2025 and troughed at 83.5% in Q1 2022.
• A 5-year average of 88.27% and a median of 88.61% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin soared 846 bps in 2022 and gained 22 bps in 2025, its largest moves.
• Over 5 years, Gross Margin stood at 84.26% in 2022, then advanced by 5 bps to 88.22% in 2023, then gained by 1 bps to 89.48% in 2024, then advanced by 1 bps to 90.25% in 2025, then gained by 0 bps to 90.66% in 2026.
• The last three Gross Margin figures came in at 90.66% (Q2 2026), 89.0% (Q1 2026), and 90.25% (Q4 2025), per Business Quant data.