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Side-by-side financial comparison of Expedia Group (EXPE) and ManpowerGroup Inc. (MAN). Click either name above to swap in a different company.

ManpowerGroup Inc. is the larger business by last-quarter revenue ($4.7B vs $3.5B, roughly 1.3× Expedia Group). Expedia Group runs the higher net margin — 5.8% vs 0.6%, a 5.1% gap on every dollar of revenue. On growth, Expedia Group posted the faster year-over-year revenue change (18.7% vs 7.1%). Over the past eight quarters, ManpowerGroup Inc.'s revenue compounded faster (3.5% CAGR vs -0.2%).

Expedia Inc. is an online travel agency owned by Expedia Group, based in Seattle. The website and mobile app can be used to book airline tickets, hotel reservations, car rentals, cruise ships, activities and vacation rentals. Expedia.com was launched on October 22, 1996 by Microsoft.

ManpowerGroup is an American multinational corporation headquartered in Milwaukee, Wisconsin. Founded in 1948 by Elmer Winter and Aaron Scheinfeld, ManpowerGroup is the third-largest staffing firm in the world behind Swiss firm Adecco and Dutch firm Randstad NV. The company provides administrative & support services, professional services, and business services through its four primary brands: Manpower, Experis, Right Management, and ManpowerGroup Solutions.

EXPE vs MAN — Head-to-Head

Bigger by revenue
MAN
MAN
1.3× larger
MAN
$4.7B
$3.5B
EXPE
Growing faster (revenue YoY)
EXPE
EXPE
+11.6% gap
EXPE
18.7%
7.1%
MAN
Higher net margin
EXPE
EXPE
5.1% more per $
EXPE
5.8%
0.6%
MAN
Faster 2-yr revenue CAGR
MAN
MAN
Annualised
MAN
3.5%
-0.2%
EXPE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EXPE
EXPE
MAN
MAN
Revenue
$3.5B
$4.7B
Net Profit
$205.0M
$30.2M
Gross Margin
16.3%
Operating Margin
11.8%
1.7%
Net Margin
5.8%
0.6%
Revenue YoY
18.7%
7.1%
Net Profit YoY
202.5%
34.2%
EPS (diluted)
$1.56
$0.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXPE
EXPE
MAN
MAN
Q1 26
$3.5B
Q4 25
$3.5B
$4.7B
Q3 25
$4.4B
$4.6B
Q2 25
$3.8B
$4.5B
Q1 25
$3.0B
$4.1B
Q4 24
$3.2B
$4.4B
Q3 24
$4.1B
$4.5B
Q2 24
$3.6B
$4.5B
Net Profit
EXPE
EXPE
MAN
MAN
Q1 26
$205.0M
Q4 25
$205.0M
$30.2M
Q3 25
$959.0M
$18.0M
Q2 25
$330.0M
$-67.1M
Q1 25
$-200.0M
$5.6M
Q4 24
$299.0M
$22.5M
Q3 24
$684.0M
$22.8M
Q2 24
$386.0M
$60.1M
Gross Margin
EXPE
EXPE
MAN
MAN
Q1 26
Q4 25
16.3%
Q3 25
16.6%
Q2 25
16.9%
Q1 25
17.1%
Q4 24
17.2%
Q3 24
17.3%
Q2 24
17.4%
Operating Margin
EXPE
EXPE
MAN
MAN
Q1 26
11.8%
Q4 25
11.8%
1.7%
Q3 25
23.5%
1.4%
Q2 25
12.8%
-0.6%
Q1 25
-2.3%
0.7%
Q4 24
6.8%
1.6%
Q3 24
18.8%
1.6%
Q2 24
12.7%
2.2%
Net Margin
EXPE
EXPE
MAN
MAN
Q1 26
5.8%
Q4 25
5.8%
0.6%
Q3 25
21.7%
0.4%
Q2 25
8.7%
-1.5%
Q1 25
-6.7%
0.1%
Q4 24
9.4%
0.5%
Q3 24
16.8%
0.5%
Q2 24
10.8%
1.3%
EPS (diluted)
EXPE
EXPE
MAN
MAN
Q1 26
$1.56
Q4 25
$1.56
$0.65
Q3 25
$7.33
$0.38
Q2 25
$2.48
$-1.44
Q1 25
$-1.56
$0.12
Q4 24
$2.10
$0.49
Q3 24
$5.04
$0.47
Q2 24
$2.80
$1.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXPE
EXPE
MAN
MAN
Cash + ST InvestmentsLiquidity on hand
$5.7B
$871.0M
Total DebtLower is stronger
$6.2B
$1.1B
Stockholders' EquityBook value
$1.3B
$2.1B
Total Assets
$24.5B
$9.2B
Debt / EquityLower = less leverage
4.80×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPE
EXPE
MAN
MAN
Q1 26
$5.7B
Q4 25
$5.7B
$871.0M
Q3 25
$6.2B
$274.6M
Q2 25
$6.7B
$289.8M
Q1 25
$6.1B
$395.0M
Q4 24
$4.5B
$509.4M
Q3 24
$4.9B
$410.9M
Q2 24
$6.3B
$468.9M
Total Debt
EXPE
EXPE
MAN
MAN
Q1 26
$6.2B
Q4 25
$6.2B
$1.1B
Q3 25
$6.2B
$468.3M
Q2 25
$6.2B
$470.3M
Q1 25
$6.2B
$971.4M
Q4 24
$6.3B
$929.4M
Q3 24
$6.3B
$999.7M
Q2 24
$6.3B
$961.7M
Stockholders' Equity
EXPE
EXPE
MAN
MAN
Q1 26
$1.3B
Q4 25
$1.3B
$2.1B
Q3 25
$1.3B
$2.0B
Q2 25
$836.0M
$2.0B
Q1 25
$1.1B
$2.1B
Q4 24
$1.6B
$2.1B
Q3 24
$1.3B
$2.2B
Q2 24
$889.0M
$2.1B
Total Assets
EXPE
EXPE
MAN
MAN
Q1 26
$24.5B
Q4 25
$24.5B
$9.2B
Q3 25
$25.1B
$8.4B
Q2 25
$27.0B
$8.5B
Q1 25
$26.1B
$8.0B
Q4 24
$22.4B
$8.2B
Q3 24
$23.4B
$8.5B
Q2 24
$25.9B
$8.5B
Debt / Equity
EXPE
EXPE
MAN
MAN
Q1 26
4.80×
Q4 25
4.80×
0.51×
Q3 25
4.65×
0.23×
Q2 25
7.43×
0.24×
Q1 25
5.79×
0.46×
Q4 24
4.02×
0.44×
Q3 24
4.74×
0.46×
Q2 24
7.04×
0.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXPE
EXPE
MAN
MAN
Operating Cash FlowLast quarter
$178.9M
Free Cash FlowOCF − Capex
$168.0M
FCF MarginFCF / Revenue
3.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
5.92×
TTM Free Cash FlowTrailing 4 quarters
$-161.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPE
EXPE
MAN
MAN
Q1 26
Q4 25
$304.0M
$178.9M
Q3 25
$-497.0M
$59.8M
Q2 25
$1.1B
$-189.6M
Q1 25
$3.0B
$-153.2M
Q4 24
$198.0M
$247.6M
Q3 24
$-1.5B
$83.5M
Q2 24
$1.5B
$-137.9M
Free Cash Flow
EXPE
EXPE
MAN
MAN
Q1 26
Q4 25
$119.0M
$168.0M
Q3 25
$-686.0M
$44.7M
Q2 25
$921.0M
$-207.2M
Q1 25
$2.8B
$-166.9M
Q4 24
$7.0M
$236.3M
Q3 24
$-1.7B
$67.4M
Q2 24
$1.3B
$-149.8M
FCF Margin
EXPE
EXPE
MAN
MAN
Q1 26
Q4 25
3.4%
3.6%
Q3 25
-15.5%
1.0%
Q2 25
24.3%
-4.6%
Q1 25
92.2%
-4.1%
Q4 24
0.2%
5.4%
Q3 24
-41.6%
1.5%
Q2 24
36.7%
-3.3%
Capex Intensity
EXPE
EXPE
MAN
MAN
Q1 26
Q4 25
5.2%
0.2%
Q3 25
4.3%
0.3%
Q2 25
5.3%
0.4%
Q1 25
6.6%
0.3%
Q4 24
6.0%
0.3%
Q3 24
4.8%
0.4%
Q2 24
5.5%
0.3%
Cash Conversion
EXPE
EXPE
MAN
MAN
Q1 26
Q4 25
1.48×
5.92×
Q3 25
-0.52×
3.32×
Q2 25
3.40×
Q1 25
-27.36×
Q4 24
0.66×
11.00×
Q3 24
-2.18×
3.66×
Q2 24
3.89×
-2.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXPE
EXPE

Segment breakdown not available.

MAN
MAN

Other$2.4B52%
Transferred Over Time$1.1B24%
Staffingand Interim$1.0B22%
Productsand Services Other$50.8M1%
Permanent Recruitment$37.5M1%
Outcome Based Solutionsand Consulting$20.7M0%
Transferred At Point In Time$20.4M0%

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