Filing Flows › Expedia Group (EXPE) › Operating margin
Expedia Group (EXPE) operating margin by quarter
Expedia Group's operating margin was 26.9% in Q3 2026 (third quarter 2026), +8.3 pts from Q2 2026. Over the last 5 quarters it ranged from 11.8% (Q4 2025) to 26.9% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 26.9% | +8.3 pts | +3.4 pts |
| Q2 2026 | 18.5% | +6.7 pts | +5.7 pts |
| Q4 2025 | 11.8% | -11.6 pts | — |
| Q3 2025 | 23.5% | +10.7 pts | — |
| Q2 2025 | 12.8% | — | — |
Q3 2026 at a glance
Expedia Group, Q3 2026: revenue $4.9B (+12% year over year), operating margin 26.9%, net earnings $1.0B, operating cash flow −$1.2B. The chart follows the revenue to costs, profit and cash.
Questions
What is Expedia Group's operating margin?
Expedia Group's operating margin was 26.9% in Q3 2026 (third quarter 2026), +8.3 pts from Q2 2026.
How has Expedia Group's operating margin changed?
Over the last 5 quarters it ranged from 11.8% (Q4 2025) to 26.9% (Q3 2026).