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
DateValue
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%