Expedia (EXPE) Net Margin (2009 - 2026)
Expedia's (EXPE) quarterly Net Margin came in at 20.28% in Q2 2026, up 1177.0% year-over-year from 1.59% in Q2 2025, and up 5889.4% quarter-over-quarter from 0.35% in Q1 2026.
Analysis
Expedia (EXPE) Net Margin (2009 - 2026) Analysis & Trends
Expedia (EXPE) has reported Net Margin for 18 consecutive years, with 20.28% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 1177.0% year-over-year to 20.28% in Q2 2026; TTM through Jun 2026 was 12.99%, a 507.0% increase from a year earlier, with the FY2025 full-year figure at 8.83%, down 11.0% from the prior year.
- Net Margin was 20.28% for Q2 2026 at Expedia, up from 0.35% 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 6.08% and a median of 7.26% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 4321 bps in 2022 and slumped 556 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 6.76% in 2022, then tumbled by 30 bps to 4.71% in 2023, then soared by 101 bps to 9.45% in 2024, then slumped by 37 bps to 5.98% in 2025, then surged by 239 bps to 20.28% in 2026.
- The last three Net Margin figures came in at 20.28% (Q2 2026), 0.35% (Q1 2026), and 5.98% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn | 3.92% |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn | 26.52% |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn | 24.19% |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn | 22.62% |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn | 4.58% |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn | 17.55% |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn | 20.28% |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn | 10.45% |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - | - |
| 10 | Etsy | 7.07 Bn | 5.94 Bn | 484.05 Mn | -6.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.28% |
| 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% |