Expedia (EXPE) Operating Margin (2009 - 2026)

Expedia (EXPE) has 18 years of Operating Margin data on file, last reported at 7.33% in Q1 2026.

• On a quarterly basis, Operating Margin rose 967.0% year-over-year to 7.33% in Q1 2026; TTM through Mar 2026 was 14.45%, a 459.0% increase from a year earlier, with the FY2025 full-year figure at 12.7%, up 307.0% from the prior year.
• Operating Margin for Q1 2026 stood at 7.33%, down from 11.84% in the prior quarter.
• Over the last five years, Operating Margin for EXPE reached as high as 23.48% in Q3 2025 and fell as low as 6.0% in Q1 2022.
• Historically, Operating Margin has averaged 8.57% across 5 years, with a median of 10.85% in 2022.
• Across the five-year window, Operating Margin surged 2361 bps in 2022 and tumbled 519 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 4.89% in 2022, then declined by 26 bps to 3.6% in 2023, then surged by 88 bps to 6.78% in 2024, then jumped by 75 bps to 11.84% in 2025, then slumped by 38 bps to 7.33% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 7.33% in Q1 2026, 11.84% in Q4 2025, and 23.48% in Q3 2025.