EXPE Expedia Group

FY2025 10-K
Filed: Feb 13, 2026
Industrials
Transportation ServicesSEC EDGAR

Expedia Group (EXPE) filed its fiscal year 2025 10-K annual report with the SEC on Feb 13, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Online travel agency offering lodging, transportation, and experiences via merchant and agency models
  • Emphasis on emerging markets like Latin America and Eastern Europe as key growth opportunities amid increasing competition
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Management Discussion & Analysis

  • Revenue and profitability not specified; no YoY dollar or % changes provided
  • No segment performance data included to identify best or worst performing units
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Risk Factors

  • Tax risk from changes or interpretations of U.S. and international tax laws, with $298 million net unrecognized tax benefits as of Dec 31, 2025
  • Exposure to foreign currency fluctuations led to $189 million cash increase in 2025 from currency appreciation
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Financial Summary
XBRL

Revenue

$14.7B

Net Income

$1.3B

Operating Margin

12.7%

Net Margin

8.8%

ROE

100.8%

Total Assets

$24.5B

EPS (Diluted)

$9.81

Operating Cash Flow

$3.9B

Source: XBRL data from Expedia Group FY2025 10-K filing on SEC EDGAR. All figures in USD.

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