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
DateValue
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