Expedia (EXPE) Research & Development (2009 - 2026)
Expedia (EXPE) reported Research & Development of $324.0 million for Q1 2026, up 1.25% year-over-year from $320.0 million in Q1 2025, and up 0.62% quarter-over-quarter from $322.0 million 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.
- Research & Development for Q1 2026 came in at $324.0 million, up 1.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (down 0.93% YoY), and the FY2025 annual result was $1.3 billion, down 2.82% from the prior year.
- Research & Development rose to $324.0 million in Q1 2026 per EXPE's latest filing, from $322.0 million in the prior quarter.
- Over five years, Research & Development peaked at $357.0 million in Q4 2023 and troughed at $270.0 million in Q1 2022.
- A 5-year average of $320.8 million and a median of $322.0 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2024: Research & Development climbed 21.13% in 2023, then fell 9.8% in 2024.
- A 5-year view of Research & Development shows it stood at $317.0 million in 2022, then rose by 12.62% to $357.0 million in 2023, then decreased by 9.8% to $322.0 million in 2024, then changed by 0.0% to $322.0 million in 2025, then climbed by 0.62% to $324.0 million in 2026.
- Business Quant data shows EXPE's Research & Development at $324.0 million in Q1 2026, $322.0 million in Q4 2025, and $310.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 240.00 Mn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 638.00 Mn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | - |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 324.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | - |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 159.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -576.00 Mn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 324.00 Mn |
| Dec 31, 2025 | 322.00 Mn |
| Sep 30, 2025 | 310.00 Mn |
| Jun 30, 2025 | 325.00 Mn |
| Mar 31, 2025 | 320.00 Mn |
| Dec 31, 2024 | 322.00 Mn |
| Sep 30, 2024 | 320.00 Mn |
| Jun 30, 2024 | 331.00 Mn |
| Mar 31, 2024 | 341.00 Mn |
| Dec 31, 2023 | 357.00 Mn |
| Sep 30, 2023 | 340.00 Mn |
| Jun 30, 2023 | 344.00 Mn |
| Mar 31, 2023 | 317.00 Mn |
| Dec 31, 2022 | 317.00 Mn |
| Sep 30, 2022 | 310.00 Mn |
| Jun 30, 2022 | 284.00 Mn |
| Mar 31, 2022 | 270.00 Mn |
| Dec 31, 2021 | 274.00 Mn |
| Sep 30, 2021 | 277.00 Mn |
| Jun 30, 2021 | 276.00 Mn |