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Revenue by Segment
Highlights income from different business areas, showcasing which segments drive growth and profitability, and indicating strategic focus.
Expedia’s revenue mix is clearly shifting: B2B has become the fastest-growing engine, outpacing B2C and reflecting the call’s +24% B2B strength and advertising reacceleration, while B2C is stabilizing with healthier margins driven by product and supply gains. Trivago shows periodic reacceleration but remains a small contributor. Management is deliberately investing in B2B (near-term margin pressure) even as strong cash flow funds buybacks and a higher dividend—meaning revenue diversification is improving long-term durability, though margin improvements will be modest.
EXPE Revenue by Segment
| Date | B2C | B2B | Trivago |
|---|---|---|---|
| Jun 30, 2026 | $2.68B | $1.49B | $145.00M |
| Mar 31, 2026 | $2.12B | $1.18B | $125.00M |
| Dec 31, 2025 | $2.16B | $1.29B | $97.00M |
| Sep 30, 2025 | $2.88B | $1.39B | $137.00M |
| Jun 30, 2025 | $2.48B | $1.21B | $98.00M |
| Mar 31, 2025 | $1.96B | $947.00M | $85.00M |
| Dec 31, 2024 | $2.08B | $1.04B | $66.00M |
| Sep 30, 2024 | $2.78B | $1.18B | $102.00M |
| Jun 30, 2024 | $2.43B | $1.05B | $77.00M |
| Mar 31, 2024 | $1.99B | $833.00M | $70.00M |
| Dec 31, 2023 | $1.96B | $864.00M | $65.00M |
| Sep 30, 2023 | $2.82B | $995.00M | $115.00M |
| Jun 30, 2023 | $2.42B | $861.00M | $82.00M |
| Mar 31, 2023 | $1.92B | $668.00M | $76.00M |
| Dec 31, 2022 | $1.87B | $676.00M | $68.00M |
| Sep 30, 2022 | $2.71B | $788.00M | $124.00M |
| Jun 30, 2022 | $2.42B | $650.00M | $111.00M |
| Mar 31, 2022 | $1.74B | $432.00M | $77.00M |
| Dec 31, 2021 | $1.73B | $481.00M | $68.00M |
| Sep 30, 2021 | $2.35B | $490.00M | $121.00M |
| Jun 30, 2021 | $1.72B | $305.00M | $91.00M |
| Mar 31, 2021 | $1.02B | $184.00M | $37.00M |