Expedia (EXPE) Operating Expenses (2009 - 2026)
Expedia's (EXPE) quarterly Operating Expenses came in at $2.6 billion in Q2 2026, up 7.59% year-over-year from $2.4 billion in Q2 2025, and up 9.62% quarter-over-quarter from $2.3 billion in Q1 2026.
Analysis
Expedia (EXPE) Operating Expenses (2009 - 2026) Analysis & Trends
Expedia (EXPE) has reported Operating Expenses for 18 consecutive years, with $2.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 7.59% year-over-year to $2.6 billion in Q2 2026; TTM through Jun 2026 was $9.4 billion, a 6.79% increase from a year earlier, with the FY2025 full-year figure at $9.1 billion, up 6.53% from the prior year.
- Operating Expenses was $2.6 billion for Q2 2026 at Expedia, up from $2.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $2.6 billion in Q2 2026 and troughed at $1.1 billion in Q4 2022.
- A 5-year average of $2.1 billion and a median of $2.1 billion in 2022 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 65.14% in 2023, down 5.96% in 2023.
- Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then jumped by 65.14% to $1.8 billion in 2023, then gained by 12.2% to $2.0 billion in 2024, then gained by 8.3% to $2.1 billion in 2025, then increased by 19.24% to $2.6 billion in 2026.
- The last three Operating Expenses figures came in at $2.6 billion (Q2 2026), $2.3 billion (Q1 2026), and $2.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn | -8.86 Bn |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn | 4.85 Bn |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn | -5.39 Bn |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn | 2.85 Bn |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn | 3.48 Bn |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn | 1.63 Bn |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn | 2.55 Bn |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn | 608.00 Mn |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - | -279.73 Mn |
| 10 | Etsy | 7.07 Bn | 5.94 Bn | 484.05 Mn | 358.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.55 Bn |
| Mar 31, 2026 | 2.33 Bn |
| Dec 31, 2025 | 2.14 Bn |
| Sep 30, 2025 | 2.38 Bn |
| Jun 30, 2025 | 2.37 Bn |
| Mar 31, 2025 | 2.17 Bn |
| Dec 31, 2024 | 1.98 Bn |
| Sep 30, 2024 | 2.29 Bn |
| Jun 30, 2024 | 2.18 Bn |
| Mar 31, 2024 | 2.08 Bn |
| Dec 31, 2023 | 1.76 Bn |
| Sep 30, 2023 | 2.06 Bn |
| Jun 30, 2023 | 1.96 Bn |
| Mar 31, 2023 | 1.85 Bn |
| Dec 31, 2022 | 1.07 Bn |
| Sep 30, 2022 | 2.03 Bn |
| Jun 30, 2022 | 2.08 Bn |
| Mar 31, 2022 | 1.70 Bn |
| Dec 31, 2021 | 683.00 Mn |
| Sep 30, 2021 | 1.69 Bn |