Expedia (EXPE) Research & Development (2009 - 2026)
Expedia's (EXPE) quarterly Research & Development came in at $2.1 billion in Q2 2026, up 10.36% year-over-year from $1.9 billion in Q2 2025, and up 14.17% quarter-over-quarter from $1.9 billion in Q1 2026.
Analysis
Expedia (EXPE) Research & Development (2009 - 2026) Analysis & Trends
Expedia (EXPE) has reported Research & Development for 18 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 10.36% year-over-year to $2.1 billion in Q2 2026; TTM through Jun 2026 was $7.6 billion, a 8.01% increase from a year earlier, with the FY2025 full-year figure at $7.3 billion, up 7.35% from the prior year.
- Research & Development was $2.1 billion for Q2 2026 at Expedia, up from $1.9 billion in the prior quarter.
- Over five years, Research & Development peaked at $2.1 billion in Q2 2026 and troughed at $704.0 million in Q4 2022.
- A 5-year average of $1.7 billion and a median of $1.7 billion in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 118.63% in 2022 and slipped 7.98% in 2023, its largest moves.
- Over 5 years, Research & Development stood at $704.0 million in 2022, then surged by 94.6% to $1.4 billion in 2023, then increased by 12.99% to $1.5 billion in 2024, then rose by 9.56% to $1.7 billion in 2025, then grew by 24.94% to $2.1 billion in 2026.
- The last three Research & Development figures came in at $2.1 billion (Q2 2026), $1.9 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn | -7.02 Bn |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn | 263.00 Mn |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn | -673.00 Mn |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn | 875.00 Mn |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn | 1.13 Bn |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn | 697.00 Mn |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn | 2.12 Bn |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn | 233.00 Mn |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - | -38.45 Mn |
| 10 | Etsy | 7.07 Bn | 5.94 Bn | 484.05 Mn | 190.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.12 Bn |
| Mar 31, 2026 | 1.86 Bn |
| Dec 31, 2025 | 1.70 Bn |
| Sep 30, 2025 | 1.98 Bn |
| Jun 30, 2025 | 1.92 Bn |
| Mar 31, 2025 | 1.76 Bn |
| Dec 31, 2024 | 1.55 Bn |
| Sep 30, 2024 | 1.86 Bn |
| Jun 30, 2024 | 1.79 Bn |
| Mar 31, 2024 | 1.65 Bn |
| Dec 31, 2023 | 1.37 Bn |
| Sep 30, 2023 | 1.67 Bn |
| Jun 30, 2023 | 1.58 Bn |
| Mar 31, 2023 | 1.49 Bn |
| Dec 31, 2022 | 704.00 Mn |
| 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 |