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.

• Operating Margin for Q1 2026 came in at 7.33%, up 967.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.45% (up 459.0% YoY), and the FY2025 annual result was 12.7%, up 307.0% from the prior year.
• Operating Margin eased to 7.33% in Q1 2026 per EXPE's latest filing, from 11.84% in the prior quarter.
• Over five years, Operating Margin peaked at 23.48% in Q3 2025 and troughed at 6.0% in Q1 2022.
• A 5-year average of 8.57% and a median of 10.85% in 2022 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2022 and 2023: Operating Margin jumped 2361 bps in 2022, then sank 519 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 4.89% in 2022, then decreased 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 sank by 38 bps to 7.33% in 2026.
• Business Quant data shows EXPE's Operating Margin at 7.33% in Q1 2026, 11.84% in Q4 2025, and 23.48% in Q3 2025.