Expedia (EXPE) Research & Development (2009 - 2026)
Expedia's Research & Development was $325 million in Q2 2026, unchanged from $325 million a year earlier and up 0.3% from the prior quarter.
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Analysis
Expedia (EXPE) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Expedia's Research & Development was $1.28 billion through Jun 30, 2026, down 0.5% year-over-year; for FY2025, it was $1.28 billion, down 2.8% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- In earlier years, Research & Development was $1.31 billion in FY2024 (-3.2%), $1.36 billion in FY2023 (+15.0%), $1.18 billion in FY2022 (+10.0%) and $1.07 billion in FY2021 (+0.6%).
- Quarterly Research & Development has moved between $270 million (Q1 2022) and $357 million (Q4 2023) over five years.
- Compared with a year earlier, Research & Development was higher in 1 of the last eight quarters, with an average decline of 3.2%.
- The best year-over-year quarter for Research & Development over five years was Q2 2023 (growth of 21.1%); the worst was Q4 2024 (a decline of 9.8%).
- Per Business Quant data, EXPE's Research & Development in the three quarters before Q2 2026 was $324 million (Q1 2026), $322 million (Q4 2025) and $310 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | -673.00 Mn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 99.90 Mn |
| 10 | Expedia | 30.25 Bn | 5.42 Bn | 3.91 Bn | 325.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 325.00 Mn |
| 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 |
API Access
Expedia Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=EXPE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "EXPE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=EXPE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();