Expedia Group, Inc.
EXPE Consumer Cyclical Travel Services
Expedia Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.7 billion, up 7.61% from fiscal 2024. In the quarter to June 2026, revenue grew 14.0%, EPS grew 179.7%, free cash flow grew 38.9% and total debt fell 12.1%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years.
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Expedia Group, Inc. (EXPE) Gross margin
Expedia Group, Inc.'s gross margin over the twelve months to 30 June 2026 was 90.4%, up 0.3 percentage points from fiscal 2025 (90.1%). Over the past ten years it has ranged from 68.3% (fiscal 2020) to 90.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Travel Services industry median of 76.8% and above the Consumer Cyclical sector median of 35.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 90.1% | 0.66 |
| FY2024 | 89.5% | 1.71 |
| FY2023 | 87.8% | 1.95 |
| FY2022 | 85.8% | 3.50 |
| FY2021 | 82.3% | 14.02 |
| FY2020 | 68.3% | (14.60) |
| FY2019 | 82.9% | (0.51) |
| FY2018 | 83.4% | 0.86 |
| FY2017 | 82.5% | 0.73 |
| FY2016 | 81.8% | 1.43 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 90.7% | 1.66 |
| Mar 2026 | 89.0% | (1.25) |
| Dec 2025 | 90.3% | (1.23) |
| Sep 2025 | 91.5% | 1.44 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| BKNG Booking Holdings Inc. compare | 100.0% |
| EXPE Expedia Group, Inc. | 90.4% |
| ABNB Airbnb, Inc. compare | 82.9% |
| TCOM Trip.com Group Limited Sponsored ADR compare | 80.1% |
| MMYT MakeMyTrip Limited compare | 76.8% |
| RCL Royal Caribbean Cruises Ltd. compare | 49.1% |
| VIK Viking Holdings Ltd. compare | 43.2% |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 42.5% |
| CCL Carnival Corporation compare | 39.5% |
| Travel Services industry median | 76.8% |
| Consumer Cyclical sector median | 35.0% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on EXPE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
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- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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