Booking vs Expedia: revenue, profit, margins and growth compared
Booking brought in $26.9B of revenue in fiscal 2025, Expedia $14.7B in fiscal 2025. Revenue changed by +13.4% at Booking and +7.6% at Expedia on the year before, so Booking grew faster. Booking kept 20.1% of its revenue as net profit, Expedia 8.8%. Free cash flow was $9.1B at Booking and $3.1B at Expedia.
Fiscal years as each company reports them; the two may end in different months.
Questions about Booking and Expedia
Which is bigger by revenue, Booking or Expedia?
Booking is bigger by revenue: $26.9B in fiscal 2025, against $14.7B for Expedia in fiscal 2025.
Which keeps more of its revenue as profit, Booking or Expedia?
Booking had a net margin of 20.1% in fiscal 2025; Expedia had 8.8% in fiscal 2025.
Which grew revenue faster, Booking or Expedia?
In their latest fiscal years revenue changed by +13.4% at Booking and +7.6% at Expedia.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.