Expedia (EXPE) Net Margin (2009 - 2026)
Expedia's Net Margin was 20.35% in Q2 2026, up 11.63 percentage points from 8.72% a year earlier and up 20.52 percentage points from the prior quarter.
Powered by 
Analysis
Expedia (EXPE) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Expedia's Net Margin was 12.97% through Jun 30, 2026, up 5.03 percentage points year-over-year; for FY2025, it came in at 8.78%, down 0.23 percentage points from FY2024.
- Net Margin shows a five-year change of +60.47 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 9.01% in FY2024 (+2.81 pp), 6.21% in FY2023 (+3.19 pp), 3.02% in FY2022 (+6.15 pp) and -3.13% in FY2021 (+48.55 pp).
- Quarterly Net Margin has moved between -6.69% (Q1 2025) and 21.74% (Q3 2025) over five years.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +3.27 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2021 (a gain of 56.89 percentage points); the worst was Q4 2022 (a drop of 5.35 percentage points).
- Per Business Quant data, EXPE's Net Margin in the three quarters before Q2 2026 was -0.18% (Q1 2026), 5.78% (Q4 2025) and 21.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 26.52% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 24.19% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 65.84% |
| 10 | Expedia | 30.25 Bn | 5.42 Bn | 3.91 Bn | 20.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.35% |
| Mar 31, 2026 | -0.18% |
| Dec 31, 2025 | 5.78% |
| Sep 30, 2025 | 21.74% |
| Jun 30, 2025 | 8.72% |
| Mar 31, 2025 | -6.69% |
| Dec 31, 2024 | 9.39% |
| Sep 30, 2024 | 16.85% |
| Jun 30, 2024 | 10.85% |
| Mar 31, 2024 | -4.67% |
| Dec 31, 2023 | 4.57% |
| Sep 30, 2023 | 10.82% |
| Jun 30, 2023 | 11.47% |
| Mar 31, 2023 | -5.44% |
| 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% |
API Access
Expedia Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=EXPE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "EXPE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=EXPE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();