Growth Metrics

Expedia (EXPE) Gross Margin (2016 - 2025)

Expedia (EXPE) has disclosed Gross Margin for 17 consecutive years, with 52.18% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 80.0% to 52.18% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 59.62% through Dec 2025, up 962.0% year-over-year, with the annual reading at 50.12% for FY2025, 12.0% up from the prior year.
  • Gross Margin for Q4 2025 was 52.18% at Expedia, down from 55.21% in the prior quarter.
  • The five-year high for Gross Margin was 209.59% in Q4 2023, with the low at 59.78% in Q4 2022.
  • Average Gross Margin over 5 years is 67.97%, with a median of 65.13% recorded in 2025.
  • The sharpest move saw Gross Margin skyrocketed 26937bps in 2023, then plummeted -15821bps in 2024.
  • Over 5 years, Gross Margin stood at 82.67% in 2021, then plummeted by -172bps to 59.78% in 2022, then soared by 451bps to 209.59% in 2023, then tumbled by -75bps to 51.38% in 2024, then grew by 2bps to 52.18% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 52.18%, 55.21%, and 49.29% for Q4 2025, Q3 2025, and Q2 2025 respectively.