Booking Holdings (BKNG) Free Cash Flow (2009 - 2026)
Booking Holdings (BKNG) reported Free Cash Flow of $3.1 billion for Q1 2026, down 1.71% on a YoY basis from $3.2 billion in Q1 2025, and up 119.34% quarter-over-quarter from $1.4 billion in Q4 2025.
Booking Holdings (BKNG) Free Cash Flow (2009 - 2026) Analysis & Trends
Booking Holdings has reported Free Cash Flow for 18 years, with the latest figure at $3.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 1.71% year-over-year to $3.1 billion; the trailing twelve-month figure through Mar 2026 stood at $9.0 billion (up 6.5% YoY), and the FY2025 full-year result was $9.1 billion, up 15.11% from the prior year.
- Free Cash Flow for Q1 2026 stood at $3.1 billion, up from $1.4 billion in the prior quarter.
- The five-year high for Free Cash Flow was $3.2 billion in Q1 2025, with the low at -$96.0 million in Q3 2022.
- Historically, Free Cash Flow has averaged $2.0 billion across 5 years, with a median of $2.1 billion in 2022.
- Annual changes were most pronounced in 2022 — Free Cash Flow sank 106.33% — and 2023, when it soared 1455.21%.
- Booking Holdings' Free Cash Flow stood at $2.1 billion in 2022, then slumped by 40.32% to $1.3 billion in 2023, then slumped by 48.48% to $645.0 million in 2024, then jumped by 119.69% to $1.4 billion in 2025, then jumped by 119.34% to $3.1 billion in 2026.
- The last three Free Cash Flow figures came in at $3.1 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 3.11 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 1.71 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 1.69 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 697.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 3.75 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | -625.22 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -52.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 19.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | - |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 46.44 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 |