Expedia Group Inc.
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Expedia Group Inc. (EXPE). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| B2C | – | $6.82B 79.3% | $8.74B 74.9% · +28.1% | $9.11B 71.0% · +4.3% | $9.27B 67.7% · +1.8% | $9.47B 64.3% · +2.2% |
| B2B | $942.0M 18.3% | $1.46B 17.0% · +55.0% | $2.55B 21.8% · +74.4% | $3.39B 26.4% · +33.1% | $4.10B 30.0% · +21.1% | $4.84B 32.9% · +18.0% |
| Trivago | $205.0M 4.0% | $317.0M 3.7% · +54.6% | $380.0M 3.3% · +19.9% | $338.0M 2.6% · -11.1% | $315.0M 2.3% · -6.8% | $417.0M 2.8% · +32.4% |
| Retail | $3.99B 77.7% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $3.51B 67.5% | $6.57B 76.4% · +87.1% | $7.94B 68.0% · +20.9% | $8.15B 63.5% · +2.6% | $8.37B 61.1% · +2.8% | $8.71B 59.1% · +4.0% |
| All other countries | – | – | – | $4.69B 36.5% | $5.32B 38.9% · +13.4% | $6.02B 40.9% · +13.2% |
| All other countries | $1.69B 32.5% | $2.03B 23.6% · +20.2% | $3.73B 32.0% · +83.7% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Lodging | $4.05B 77.9% | $6.45B 75.0% · +59.2% | $8.91B 76.3% · +38.1% | $10.26B 79.9% · +15.3% | $10.95B 80.0% · +6.7% | $11.75B 79.8% · +7.3% |
| Other | $638.0M 12.3% | $1.29B 15.0% · +102.5% | $1.62B 13.9% · +25.6% | $1.34B 10.5% · -17.2% | $1.36B 9.9% · +1.1% | $1.40B 9.5% · +2.9% |
| Expedia Group ("EG") Advertising | – | – | – | $483.0M 3.8% | $639.0M 4.7% · +32.3% | $758.0M 5.1% · +18.6% |
| trivago Advertising | – | – | – | $338.0M 2.6% | $315.0M 2.3% · -6.8% | $417.0M 2.8% · +32.4% |
| Air | $105.0M 2.0% | $254.0M 3.0% · +141.9% | $362.0M 3.1% · +42.5% | $410.0M 3.2% · +13.3% | $428.0M 3.1% · +4.4% | $407.0M 2.8% · -4.9% |
| Advertising and media | $405.0M 7.8% | $603.0M 7.0% · +48.9% | $777.0M 6.7% · +28.9% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.