FinEdge Labs
E

EXPE

EXPEReviewed
3 segments tracked|7 years of data|Annual (10-K)
Total Revenue
$14.7B7.6%
FY2025
Operating Segments
3
Active segments
Blended Margin
22.3%
Operating margin
Highest Margin
23.6%
B2C
Segment Shift

B2C has grown from 0.0% to 64.3% of total revenue since FY2019, with 23.6% operating margins. Meanwhile, Trivago is the fastest growing at +32.4% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
B2C$9.5B$2.2B23.6%64.3%+2.2%
Business To Business$4.8B$1.0B21.2%32.9%+18.0%
Trivago$417M$15M3.6%2.8%+32.4%

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