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Expedia Group
EXPE · NASDAQTravel & Consumer Internet
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Travel supplyhotels, homes, flightsEnablerscloud, payments, search,…The bookingplatformthe hub that sellsDistribution &B2Bpartners, apps, metasearchTravellerswho actually paysHTLHotels & chainsVRVacation-home hostsAIRAirlines & car rentalsTQTiqetsAMZNAmazonGOOGGooglePAYCard networks & processorsEXPEExpedia GroupEXExpedia.comHCHotels.comVRBOVrboB2BExpedia B2BTRVGtrivagoUBERUberPTRBanks & loyalty partnersYOUTravellers
Company details
Market cap
~$26B
Revenue (FY25)
$14.7B
Net income
$1.3B
Free cash flow
$3.1B
Gross bookings
~$120B
Rev. growth
+8%
Profit margin
~9%
Daily visitors
~6.5M
In plain English
Expedia Group is the online travel agency behind Expedia, Hotels.com and Vrbo. It doesn't own hotels or planes — it runs a giant marketplace that matches travellers to rooms, homes and flights and takes a commission, and increasingly rents that same booking technology to airlines, banks and now Uber as a behind-the-scenes B2B engine.
In simple terms
What Expedia Group really sells
Expedia Group is the online travel agency behind Expedia, Hotels.com and Vrbo. It doesn't own hotels or planes — it runs a giant marketplace that matches travellers to rooms, homes and flights and takes a commission, and increasingly rents that same booking technology to airlines, banks and now Uber as a behind-the-scenes B2B engine.
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Risk read
Moderate
SteadierMore speculative
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