Booking Holdings (BKNG) Free Cash Flow (2009 - 2026)
Booking Holdings (BKNG) posted Free Cash Flow of $3.1 billion for Q1 2026, up 119.34% on a QoQ basis from $1.4 billion in Q4 2025, and down 1.71% year-over-year from $3.2 billion in Q1 2025.
Booking Holdings (BKNG) Free Cash Flow (2009 - 2026) Analysis & Trends
Booking Holdings' Free Cash Flow history runs 18 years deep, the most recent figure standing at $3.1 billion for Q1 2026.
- Quarterly Free Cash Flow fell 1.71% year-over-year to $3.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.0 billion (up 6.5% YoY) and the FY2025 annual result came in at $9.1 billion, up 15.11% from the prior year.
- Free Cash Flow was $3.1 billion for Q1 2026 at Booking Holdings, up from $1.4 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $3.2 billion in Q1 2025 and bottomed at -$96.0 million in Q3 2022.
- A 5-year average of $2.0 billion and a median of $2.1 billion in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow plunged 106.33% — and 2023, when it soared 1455.21%.
- Booking Holdings' Free Cash Flow stood at $2.1 billion in 2022, then plunged by 40.32% to $1.3 billion in 2023, then plunged by 48.48% to $645.0 million in 2024, then soared by 119.69% to $1.4 billion in 2025, then soared by 119.34% to $3.1 billion in 2026.
- Business Quant data shows BKNG's Free Cash Flow at $3.1 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 3.11 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 1.33 Bn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 1.71 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -1.35 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 995.73 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 1.76 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 3.75 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | -625.22 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 46.44 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | -52.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.11 Bn |
| Mar 31, 2026 | 3.11 Bn |
| Dec 31, 2025 | 1.42 Bn |
| Dec 31, 2025 | 1.42 Bn |
| Sep 30, 2025 | 1.37 Bn |
| Sep 30, 2025 | 1.37 Bn |
| Jun 30, 2025 | 3.14 Bn |
| Jun 30, 2025 | 3.14 Bn |
| Mar 31, 2025 | 3.16 Bn |
| Mar 31, 2025 | 3.16 Bn |
| Dec 31, 2024 | 645.00 Mn |
| Dec 31, 2024 | 645.00 Mn |
| Sep 30, 2024 | 2.30 Bn |
| Sep 30, 2024 | 2.30 Bn |
| Jun 30, 2024 | 2.38 Bn |
| Jun 30, 2024 | 2.38 Bn |
| Mar 31, 2024 | 2.57 Bn |
| Mar 31, 2024 | 2.57 Bn |
| Dec 31, 2023 | 1.25 Bn |
| Dec 31, 2023 | 1.25 Bn |