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
DateValue
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