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
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