Expedia (EXPE) revenue breakdown
By segment, B2C is the largest at 63% of fiscal 2025 revenue; B2B grew fastest, 12% a year over 7 years.
By product, Lodging is the largest at 80% of fiscal 2025 revenue; Expedia Group ("EG") Advertising grew fastest, 25% a year over 2 years.
Revenue by segment
Fiscal years, as Expedia reports them in its 10-K filings; fiscal 2025 total $14.9B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| B2C | — | — | $8.4B | $8.8B | $4.0B | $6.8B | $8.7B | $9.1B | $9.3B | $9.5B | 63% |
| B2B | — | — | $2.1B | $2.6B | $942M | $1.5B | $2.5B | $3.4B | $4.1B | $4.8B | 32% |
| Trivago | $539M | $752M | $1.1B | $622M | $205M | $423M | $561M | $525M | $499M | $622M | 4% |
| Core Online Travel Companies | $7.1B | $7.9B | — | — | — | — | — | — | — | — | — |
| Vrbo | $689M | $906M | — | — | — | — | — | — | — | — | — |
| Egencia | $462M | $521M | — | — | — | — | — | — | — | — | — |
Revenue by product
Fiscal years, as Expedia reports them in its 10-K filings; fiscal 2025 total $14.7B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Lodging | $6.0B | $6.9B | $7.6B | $8.4B | $4.1B | $6.4B | $8.9B | $10.3B | $10.9B | $11.8B | 80% |
| Other | $1.2B | $1.4B | $1.6B | $1.7B | $638M | $1.3B | $1.6B | $1.3B | $1.4B | $1.4B | 9% |
| Expedia Group ("EG") Advertising | — | — | — | — | — | — | — | $483M | $639M | $758M | 5% |
| trivago Advertising | — | — | — | — | — | — | — | $338M | $315M | $417M | 3% |
| Air | $778M | $784M | $881M | $869M | $105M | $254M | $362M | $410M | $428M | $407M | 3% |
| Advertising and media | $807M | $1.1B | $1.1B | $1.1B | $405M | $603M | $777M | — | — | — | — |
Revenue by region
Fiscal years, as Expedia reports them in its 10-K filings; fiscal 2025 total $14.7B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $5.0B | $5.5B | $6.2B | $6.9B | $3.5B | $6.6B | $7.9B | $8.1B | $8.4B | $8.7B | 59% |
| All other countries | $3.7B | $4.5B | $5.0B | $5.2B | $1.7B | $2.0B | $3.7B | $4.7B | $5.3B | $6.0B | 41% |
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In fiscal 2025, by segment: B2C $9.5B, B2B $4.8B, Trivago $622M.
From Expedia's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.