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Expedia Group, Inc. EXPE B2C — Cost of Revenue

Other segment segments

B2B
$39M+2.6%
trivago
$9M+125%

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Other financials

Income statement

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Revenue$3.4B+14.7%
Gross profit$3.0B+15.9%
Operating income$251.0M+459%
Net income-$6.0M+97.0%
EPS (diluted)-$0.05+96.8%

Balance sheet

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Cash & equivalents$5.5B-3.1%
Total debt$4.7B-27.2%
Total equity$576.0M-46.3%
Total assets$26.5B+1.3%

Cash flow

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Operating cash flow$3.9B+33.2%
CapEx$184.0M-6.1%
Free cash flow$3.7B+36.0%

Valuation

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Market cap$31.54B+46.6%
Enterprise value$30.71B+41.6%
P/E21.2×+1.9×
P/S2.1×+0.5×

Profitability

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Gross margin90.3%+0.7pp
Operating margin14.4%+4.6pp
Net margin9.8%+1.3pp
FCF margin48.9%

Returns & leverage

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Return on equity180.6%+61.4pp
Debt / equity8.2×+2.1×
Current ratio0.7×0.0×

Where this comes from

Reported directly by Expedia Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Expedia Group, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Expedia Group, Inc.'s B2C — cost of revenue?
Expedia Group, Inc. (EXPE) reported B2C — cost of revenue of $324M in Q1 2026.
How has Expedia Group, Inc.'s B2C — cost of revenue changed year-over-year?
Expedia Group, Inc.'s B2C — cost of revenue increased by 3.8% year-over-year, from $312M to $324M.
What is the long-term trend for Expedia Group, Inc.'s B2C — cost of revenue?
Over 3 years (2022 to 2025), Expedia Group, Inc.'s B2C — cost of revenue has grown at a -1.8% compound annual growth rate (CAGR), from $1.38B to $1.31B.
What does B2C — cost of revenue mean?
Includes direct costs associated with facilitating travel bookings, such as customer support, payment processing fees, and data center costs. This metric reflects the variable costs required to maintain the platform's transaction capabilities.