FINHUB Insights

EXPE · Q3 FY25 · Jul 1 – Sep 30, 2025

Expedia Q3 FY25: where the revenue came from and where it went

Expedia Q3 FY25: revenue $4.4B (+9% year over year). Net profit $1B. Largest cohort Lodging $3.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Nov 7, 2025 10-Q
Sankey diagram of Expedia's income statement for Q3 FY25: revenue of $4.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$4.4B +9% year over year
Gross profit$4B 91% margin
Operating profit$1B 23% margin
Net profit$1B 22% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 4.4 100% +9%
Lodging 3.6 82% +9%
Other Services 0.4 9% +2%
EG Advertising 0.2 5% +16%
Trivago Advertising 0.1 2% +34%
Air 0.1 2% −3%
Cost of revenue−0.49%
Gross profit491% margin+1pp
Sales & marketing−245%−1pp
G&A−0.24%−1pp
Other−0.819%+0pp
Operating profit123% margin+5pp
Tax−0.1
Net profit122%+5pp
Filing on EDGAR More quarters of EXPE

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters