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
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%