Expedia (EXPE) Net Margin (2009 - 2026)
Expedia's (EXPE) quarterly Net Margin came in at 0.35% in Q1 2026, up 624.0% year-on-year from 0.05% in Q1 2025, and down 105.86% on a QoQ basis from 5.98% in Q4 2025.
Expedia (EXPE) Net Margin (2009 - 2026) Analysis & Trends
Expedia (EXPE) has 18 years of Net Margin data on file, last reported at 0.35% in Q1 2026.
- On a quarterly basis, Net Margin rose 624.0% year-over-year to 0.35% in Q1 2026; TTM through Mar 2026 was 9.8%, a 136.0% increase from a year earlier, with the FY2025 full-year figure at 8.83%, down 11.0% from the prior year.
- Net Margin for Q1 2026 stood at 0.35%, down from 5.98% in the prior quarter.
- Over the last five years, Net Margin for EXPE reached as high as 21.85% in Q3 2025 and fell as low as 6.59% in Q1 2025.
- Historically, Net Margin has averaged 5.24% across 5 years, with a median of 6.76% in 2022.
- Across the five-year window, Net Margin surged 4321 bps in 2022 and tumbled 556 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 6.76% in 2022, then tumbled by 30 bps to 4.71% in 2023, then jumped by 101 bps to 9.45% in 2024, then slumped by 37 bps to 5.98% in 2025, then plunged by 106 bps to 0.35% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 0.35% in Q1 2026, 5.98% in Q4 2025, and 21.85% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 19.58% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 21.34% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 5.97% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -9.25% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 17.99% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 8.07% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | -0.35% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 4.49% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 9.69% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 6.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.35% |
| Dec 31, 2025 | 5.98% |
| Sep 30, 2025 | 21.85% |
| Jun 30, 2025 | 8.51% |
| Mar 31, 2025 | -6.59% |
| Dec 31, 2024 | 9.45% |
| Sep 30, 2024 | 16.85% |
| Jun 30, 2024 | 10.54% |
| Mar 31, 2024 | -4.71% |
| Dec 31, 2023 | 4.71% |
| Sep 30, 2023 | 7.76% |
| Jun 30, 2023 | 11.52% |
| Mar 31, 2023 | -5.25% |
| Dec 31, 2022 | 6.76% |
| Sep 30, 2022 | 13.32% |
| Jun 30, 2022 | -5.82% |
| Mar 31, 2022 | -5.42% |
| Dec 31, 2021 | 12.11% |
| Sep 30, 2021 | 12.22% |
| Jun 30, 2021 | -14.26% |