Expedia (EXPE) Research & Development (2009 - 2026)
Expedia's (EXPE) quarterly Research & Development came in at $324.0 million in Q1 2026, down 81.56% year-on-year from $1.8 billion in Q1 2025, and down 80.9% on a QoQ basis from $1.7 billion in Q4 2025.
Expedia (EXPE) Research & Development (2009 - 2026) Analysis & Trends
Expedia (EXPE) has 18 years of Research & Development data on file, last reported at $324.0 million in Q1 2026.
- On a quarterly basis, Research & Development fell 81.56% year-over-year to $324.0 million in Q1 2026; TTM through Mar 2026 was $4.3 billion, a 3890.35% increase from a year earlier, with the FY2025 full-year figure at $7.3 billion, up 459.28% from the prior year.
- Research & Development for Q1 2026 stood at $324.0 million, down from $1.7 billion in the prior quarter.
- Over the last five years, Research & Development for EXPE reached as high as $5.1 billion in Q4 2023 and fell as low as -$4.0 billion in Q4 2024.
- Historically, Research & Development has averaged $837.7 million across 5 years, with a median of $1.5 billion in 2023.
- On a YoY basis, Research & Development climbed as much as 521.74% in 2022 and fell as far as 1200.31% in 2022.
- Year by year, Research & Development stood at -$3.5 billion in 2022, then jumped by 244.12% to $5.1 billion in 2023, then tumbled by 178.03% to -$4.0 billion in 2024, then surged by 142.57% to $1.7 billion in 2025, then sank by 80.9% to $324.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $324.0 million in Q1 2026, $1.7 billion in Q4 2025, and $2.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 240.00 Mn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | - |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 751.00 Mn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 379,000.00 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | - |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | - |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 324.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | - |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 42.07 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 126.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 324.00 Mn |
| Dec 31, 2025 | 1.70 Bn |
| Sep 30, 2025 | 1.98 Bn |
| Jun 30, 2025 | 325.00 Mn |
| Mar 31, 2025 | 1.76 Bn |
| Dec 31, 2024 | -3.98 Bn |
| Sep 30, 2024 | 320.00 Mn |
| Jun 30, 2024 | 1.79 Bn |
| Mar 31, 2024 | 341.00 Mn |
| Dec 31, 2023 | 5.11 Bn |
| Sep 30, 2023 | 340.00 Mn |
| Jun 30, 2023 | 1.58 Bn |
| Mar 31, 2023 | 1.49 Bn |
| Dec 31, 2022 | -3.54 Bn |
| Sep 30, 2022 | 1.67 Bn |
| Jun 30, 2022 | 1.72 Bn |
| Mar 31, 2022 | 1.34 Bn |
| Dec 31, 2021 | 322.00 Mn |
| Sep 30, 2021 | 1.31 Bn |
| Jun 30, 2021 | 276.00 Mn |