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Expedia vs XPO: revenue, profit, margins and growth compared

Expedia brought in $14.7B of revenue in fiscal 2025, XPO $8.2B in fiscal 2025. Revenue changed by +7.6% at Expedia and +1.1% at XPO on the year before, so Expedia grew faster. Expedia kept 8.8% of its revenue as net profit, XPO 3.9%. Free cash flow was $3.1B at Expedia and $329M at XPO.

Side by side, latest fiscal year

EXPEXPO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$14.7B$8.2B
Revenue growth+7.6%+1.1%
Net income$1.3B$316M
Net margin8.8%3.9%
Free cash flow$3.1B$329M
Free cash flow margin21.1%4.0%
Earnings per share (diluted)$9.81$2.64
Cash$5.4B$310M
Debt$6.2B$3.4B
Price to earnings26.965.6
Market value$30.2B$20.3B
Dividend yield0.61%n/a
Rank by revenue in sector#90 of 778 · Consumer discretionary#138 of 778 · Consumer discretionary

Over the years

Revenue
EXPE FY2018: $11.2BEXPE FY2019: $12.1BEXPE FY2020: $5.2BEXPE FY2021: $8.6BEXPE FY2022: $11.7BEXPE FY2023: $12.8BEXPE FY2024: $13.7BEXPE FY2025: $14.7BXPO FY2018: $17.3BXPO FY2019: $10.7BXPO FY2020: $6.2BXPO FY2021: $7.2BXPO FY2022: $7.7BXPO FY2023: $7.7BXPO FY2024: $8.1BXPO FY2025: $8.2BFY18FY19FY20FY21FY22FY23FY24FY25
EXPE $14.7BXPO $8.2B
Net income
EXPE FY2018: $406MEXPE FY2019: $565MEXPE FY2020: -$2.6BEXPE FY2021: $12MEXPE FY2022: $352MEXPE FY2023: $797MEXPE FY2024: $1.2BEXPE FY2025: $1.3BXPO FY2018: $422MXPO FY2019: $419MXPO FY2020: $110MXPO FY2021: $336MXPO FY2022: $666MXPO FY2023: $189MXPO FY2024: $387MXPO FY2025: $316MFY18FY19FY20FY21FY22FY23FY24FY25
EXPE $1.3BXPO $316M
Net margin
EXPE FY2018: 3.6%EXPE FY2019: 4.7%EXPE FY2020: -50.2%EXPE FY2021: 0.1%EXPE FY2022: 3.0%EXPE FY2023: 6.2%EXPE FY2024: 9.0%EXPE FY2025: 8.8%XPO FY2018: 2.4%XPO FY2019: 3.9%XPO FY2020: 1.8%XPO FY2021: 4.7%XPO FY2022: 8.6%XPO FY2023: 2.4%XPO FY2024: 4.8%XPO FY2025: 3.9%FY18FY19FY20FY21FY22FY23FY24FY25
EXPE 8.8%XPO 3.9%
Revenue growth
EXPE FY2019: +7.5%EXPE FY2020: -56.9%EXPE FY2021: +65.4%EXPE FY2022: +35.7%EXPE FY2023: +10.0%EXPE FY2024: +6.6%EXPE FY2025: +7.6%XPO FY2019: -38.2%XPO FY2020: -42.3%XPO FY2021: +16.8%XPO FY2022: +7.2%XPO FY2023: +0.3%XPO FY2024: +4.2%XPO FY2025: +1.1%FY19FY20FY21FY22FY23FY24FY25
EXPE +7.6%XPO +1.1%
Free cash flow
EXPE FY2018: $1.1BEXPE FY2019: $1.6BEXPE FY2020: -$4.6BEXPE FY2021: $3.1BEXPE FY2022: $2.8BEXPE FY2023: $1.8BEXPE FY2024: $2.3BEXPE FY2025: $3.1BXPO FY2018: $551MXPO FY2019: $250MXPO FY2020: $139MXPO FY2021: $387MXPO FY2022: $303MXPO FY2023: -$839MXPO FY2024: $19MXPO FY2025: $329MFY18FY19FY20FY21FY22FY23FY24FY25
EXPE $3.1BXPO $329M

Fiscal years as each company reports them; the two may end in different months.

Questions about Expedia and XPO

Which is bigger by revenue, Expedia or XPO?

Expedia is bigger by revenue: $14.7B in fiscal 2025, against $8.2B for XPO in fiscal 2025.

Which keeps more of its revenue as profit, Expedia or XPO?

Expedia had a net margin of 8.8% in fiscal 2025; XPO had 3.9% in fiscal 2025.

Which grew revenue faster, Expedia or XPO?

In their latest fiscal years revenue changed by +7.6% at Expedia and +1.1% at XPO.

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.

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