Expedia Group Q4 2025 Financial Overview
Key Metrics Analysis
Segment and Geographic Performance
A breakdown of revenue by segment reveals that the Business-to-Business (B2B) segment was a primary growth driver. While the Business-to-Consumer (B2C) segment remains the larger revenue source at $2.2 billion, its growth was modest at 4%. The B2B segment, with revenue of $1.3 billion, experienced a much faster growth rate of 24%.
Geographically, U.S. points of sale accounted for the majority of revenue at $2.0 billion, growing by 7%. Non-U.S. points of sale contributed $1.5 billion but showed stronger growth dynamics with a 17% increase.
Future Outlook
The company also provided forward-looking guidance. For the third quarter of 2025, Expedia projects revenue growth in the range of 11-13%. For the full fiscal year 2025, the company expects revenue growth to be between 6-9%.
