How Expedia Group (EXPE) Makes Money: A Visual Guide
Expedia Group (EXPE) generated $14.73B in revenue (TTM through Q4 2025), earning $1.29B in net profit (8.8% margin). Its largest revenue source is Lodging (96.7% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Expedia Group (EXPE) Income Statement Flow
Frequently asked questions
How does Expedia Group (EXPE) make money?
- Expedia Group (EXPE) primarily makes money through Lodging, which accounts for 96.7% of total revenue. For TTM through Q4 2025, Expedia Group generated $14.73B in total revenue with a net profit margin of 8.8%.
What is Expedia Group (EXPE) gross profit margin?
- Expedia Group (EXPE) reported a gross profit margin of 88.6% for TTM through Q4 2025, equivalent to $13.06B in gross profit. This means Expedia Group retains 88.6% of each revenue unit after direct costs of production.
What is Expedia Group (EXPE) operating profit margin?
- Expedia Group (EXPE) reported an operating profit margin of 12.9% for TTM through Q4 2025, equivalent to $1.90B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Expedia Group (EXPE) net profit margin?
- Expedia Group (EXPE) reported a net profit margin of 8.8% for TTM through Q4 2025, equivalent to $1.29B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Expedia Group (EXPE) invest in R&D?
- Expedia Group (EXPE) invested $1.28B in research and development in TTM through Q4 2025 (8.7% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Expedia Group (EXPE) spend on capital expenditures?
- Expedia Group (EXPE) spent $977.00M on capital expenditures in TTM through Q4 2025 (6.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Expedia Group (EXPE) free cash flow?
- Expedia Group (EXPE) generated $3.69B in free cash flow for TTM through Q4 2025 (25.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Expedia Group (EXPE) effective tax rate?
- Expedia Group (EXPE) had an effective tax rate of 18.2% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.