Expedia (EXPE) Net Margin (2009 - 2026)
Expedia (EXPE) reported Net Margin of 0.35% for Q1 2026, up 624.0% year-over-year from 0.05% in Q1 2025, and down 105.86% quarter-over-quarter 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.
- Net Margin for Q1 2026 came in at 0.35%, up 624.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.8% (up 136.0% YoY), and the FY2025 annual result was 8.83%, down 11.0% from the prior year.
- Net Margin retreated to 0.35% in Q1 2026 per EXPE's latest filing, from 5.98% in the prior quarter.
- Over five years, Net Margin peaked at 21.85% in Q3 2025 and troughed at 6.59% in Q1 2025.
- A 5-year average of 5.24% and a median of 6.76% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin jumped 4321 bps in 2022, then sank 556 bps in 2023.
- A 5-year view of Net Margin shows it stood at 6.76% in 2022, then slumped by 30 bps to 4.71% in 2023, then jumped by 101 bps to 9.45% in 2024, then sank by 37 bps to 5.98% in 2025, then tumbled by 106 bps to 0.35% in 2026.
- Business Quant data shows EXPE's Net Margin at 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 | 131.01 Bn | 114.99 Bn | 3.46 Bn | 19.58% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 5.97% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 21.34% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 4.27% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | -0.35% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 4.49% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 6.19% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 8.22% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 12.06% |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 9.69% |
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% |