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COMPANY PROFILE

Expedia Group

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Helping travelers and partners find the right pathways through millions of possibilities

Seattle, United StatesFounded 1996eCommerce & Marketplaces
Valuation $33B Market cap · 2026
Revenue $16B Latest reported FY
EBITDA $3.29B Latest reported FY

About Expedia Group

Expedia Group, accessible via expediagroup.com, is a leading player in the travel industry, providing a comprehensive suite of services to both travelers and travel-related businesses. The company operates a diverse portfolio of travel brands, including Expedia, Hotels.com, Vrbo, and others, catering to a wide range of clients from individual travelers to large travel agencies and corporate partners.

Expedia Group's primary market is the global travel and tourism sector. The company connects travelers with a vast array of travel options, including flights, hotels, car rentals, vacation packages, and activities. This broad offering allows travelers to find and book trips that suit their preferences and budgets, ensuring they get the best value for their money.

The business model of Expedia Group revolves around two main revenue streams: commissions and advertising. When travelers book accommodations, flights, or other travel services through Expedia's platforms, the company earns a commission from the service providers. Additionally, Expedia Group generates revenue through advertising by offering travel service providers the opportunity to promote their offerings on its platforms, thereby reaching a larger audience.

Expedia Group also partners with various travel service providers, offering them access to valuable data, tools, and technology. These resources help partners optimize their operations, enhance their offerings, and ultimately grow their businesses. By leveraging its extensive network and technological capabilities, Expedia Group maximizes the potential of its partners while providing travelers with a seamless and enriched travel experience.

In summary, Expedia Group is a powerhouse in the travel industry, connecting travelers with a wide range of travel options and supporting travel service providers with essential tools and data. The company thrives on a commission-based and advertising revenue model, ensuring a win-win situation for both travelers and partners.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1996
Headquarters
Seattle, United States
Listing
IPO 2005
Open positions
155
Dealroom signal
26.7/100
Industry
Travel, Jobs Recruitment
Sub-industry
Online Travel Agency
Sector
eCommerce & Marketplaces, Became $1B as Subsidiary
Business model
Marketplace & ecommerce
Client focus
b2b
Investment activity
17 companies, latest May 2026
Capital deployed
$697M
Preferred round
GRANT
Links
Website

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt Apr 2026 $2.5B — Undisclosed ↗
POST IPO DEBT✓Debt Feb 2025 $1B — Undisclosed ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $16B +10% $3.3B 20.3% $1.3B 8% $1.3B
2025 $15B +7.6% $3.3B 22.3% $1.3B 8.8% $1.3B
2024 $14B +6.6% $2.7B 20% $1.2B 9% $1.3B
2023 $13B +10% $2.5B 19.8% $1.4B
2022 $12B +35.7% $1.7B 14.2%
2021 $8.6B +65.4% $1B 11.9%
2020 $5.2B — −$531M -10.2%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Expedia Group website traffic

Latest recorded traffic for Expedia Group is 4.4M monthly website visits, up 46.7% over the last three months.

Latest monthly visits4.4M 3-month web change+46.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

Other known investors1 additional known investor

  • TCV
Team profiled 27 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Seattle HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Expedia Group on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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