Expedia Inc. Stock

The financial performance of Expedia, a prominent player in the Software & IT Services industry with the US symbol EXPE, appears to be on a path to recovery after experiencing some setbacks during the previous years. A quick glance at the financials shows improvements in certain areas, though it is worth noting that there are still areas that need attention. A thorough examination of Expedia's financial statements helps reveal the various pros and cons associated with its performance.

Revenue Growth: The total revenue for Expedia has been steadily increasing, reflecting a positive trend for the business. From 2020 to 2022, there is a jump in revenue from $5.2 billion to $11.67 billion, which indicates a growing demand for the company's services. This could be a sign of market expansion, allowing the company to capture a larger share in the industry.

Increasing Gross Profit: Gross profit has also shown an upward trajectory from 2020 to 2022. The gross profit grew from $3.52 billion in 2020 to $10.01 billion in 2022, which showcases that the firm is able to maintain its cost of revenue at a controlled level, ultimately resulting in higher profit margins.