Booking Holdings annual free cash flow
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Booking Holdings Free Cash Flow (FCF) History (BKNG)
Booking Holdings reported $9.09B in free cash flow for fiscal 2025, an increase of 15.11% from the previous fiscal year, with a free cash flow margin of 33.76%.
View full Booking Holdings company overviewBooking Holdings free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.09B | $1.19B | +15.11% | +33.76% |
| 2024 | 2024-12-31 | $7.89B | $895.0M | +12.79% | +33.25% |
| 2023 | 2023-12-31 | $7.00B | $813.0M | +13.14% | +32.76% |
| 2022 | 2022-12-31 | $6.19B | $3.67B | +145.87% | +36.20% |
| 2021 | 2021-12-31 | $2.52B | $2.72B | — | +22.96% |
| 2020 | 2020-12-31 | −$201.0M | −$4.70B | — | −2.96% |
| 2019 | 2019-12-31 | $4.50B | −$399.0M | −8.15% | +29.85% |
| 2018 | 2018-12-31 | $4.90B | $522.0M | +11.93% | +33.70% |
| 2017 | 2017-12-31 | $4.37B | $610.0M | +16.21% | +34.49% |
| 2016 | 2016-12-31 | $3.76B | $734.4M | +24.24% | +35.04% |
| 2015 | 2015-12-31 | $3.03B | $246.7M | +8.87% | +32.84% |
| 2014 | 2014-12-31 | $2.78B | $565.9M | +25.53% | +32.96% |
| 2013 | 2013-12-31 | $2.22B | $486.4M | +28.11% | +32.63% |
| 2012 | 2012-12-31 | $1.73B | $435.6M | +33.64% | +32.90% |
| 2011 | 2011-12-31 | $1.29B | $540.3M | +71.59% | +29.73% |
| 2010 | 2010-12-31 | $754.7M | $260.1M | +52.60% | +24.46% |
| 2009 | 2009-12-31 | $494.6M | $197.3M | +66.39% | +21.15% |
| 2008 | 2008-12-31 | $297.2M | — | — | +15.77% |
Booking Holdings quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.64B | $506.0M | +16.13% | +49.55% |
| Q1 2026 | 2026-03-31 | $3.11B | −$54.0M | −1.71% | +56.18% |
| Q4 2025 | 2025-12-31 | $1.42B | $772.0M | +119.69% | +22.32% |
| Q3 2025 | 2025-09-30 | $1.37B | −$925.0M | −40.29% | +15.22% |
| Q2 2025 | 2025-06-30 | $3.14B | $758.0M | +31.86% | +46.15% |
| Q1 2025 | 2025-03-31 | $3.16B | $588.0M | +22.84% | +66.40% |
| Q4 2024 | 2024-12-31 | $645.0M | −$607.0M | −48.48% | +11.79% |
| Q3 2024 | 2024-09-30 | $2.30B | $995.0M | +76.48% | +28.72% |
| Q2 2024 | 2024-06-30 | $2.38B | $734.0M | +44.62% | +40.60% |
| Q1 2024 | 2024-03-31 | $2.57B | −$227.0M | −8.10% | +58.30% |
| Q4 2023 | 2023-12-31 | $1.25B | −$846.0M | −40.32% | +26.17% |
| Q3 2023 | 2023-09-30 | $1.30B | $1.40B | — | +17.72% |
| Q2 2023 | 2023-06-30 | $1.65B | −$953.0M | −36.68% | +30.12% |
| Q1 2023 | 2023-03-31 | $2.80B | $1.22B | +76.61% | +74.14% |
| Q4 2022 | 2022-12-31 | $2.10B | $1.92B | +1078.65% | +51.82% |
| Q3 2022 | 2022-09-30 | −$96.0M | −$1.61B | — | −1.59% |
| Q2 2022 | 2022-06-30 | $2.60B | $1.50B | +137.69% | +60.50% |
| Q1 2022 | 2022-03-31 | $1.59B | $1.86B | — | +58.85% |
| Q4 2021 | 2021-12-31 | $178.0M | $819.0M | — | +5.97% |
| Q3 2021 | 2021-09-30 | $1.52B | $669.0M | +78.89% | +32.44% |
| Q2 2021 | 2021-06-30 | $1.09B | $1.04B | +2001.92% | +50.60% |
| Q1 2021 | 2021-03-31 | −$272.0M | $188.0M | — | −23.84% |
| Q4 2020 | 2020-12-31 | −$641.0M | −$1.63B | — | −51.78% |
| Q3 2020 | 2020-09-30 | $848.0M | −$921.0M | −52.06% | +32.12% |
| Q2 2020 | 2020-06-30 | $52.0M | −$1.65B | −96.94% | +8.25% |
| Q1 2020 | 2020-03-31 | −$460.0M | −$499.0M | — | −20.10% |
| Q4 2019 | 2019-12-31 | $990.0M | −$8.0M | −0.80% | +29.65% |
| Q3 2019 | 2019-09-30 | $1.77B | −$74.0M | −4.02% | +35.10% |
| Q2 2019 | 2019-06-30 | $1.70B | $153.0M | +9.90% | +44.13% |
| Q1 2019 | 2019-03-31 | $39.0M | −$470.0M | −92.34% | +1.37% |
| Q4 2018 | 2018-12-31 | $998.0M | −$111.3M | −10.03% | +31.06% |
| Q3 2018 | 2018-09-30 | $1.84B | $32.8M | +1.81% | +38.01% |
| Q2 2018 | 2018-06-30 | $1.55B | $401.5M | +35.08% | +43.71% |
| Q1 2018 | 2018-03-31 | $509.0M | $198.9M | +64.16% | +17.38% |
| Q4 2017 | 2017-12-31 | $1.11B | $64.4M | +6.16% | +39.57% |
| Q3 2017 | 2017-09-30 | $1.81B | $344.6M | +23.51% | +40.82% |
| Q2 2017 | 2017-06-30 | $1.14B | $182.5M | +18.97% | +37.84% |
| Q1 2017 | 2017-03-31 | $310.1M | $18.6M | +6.37% | +12.82% |
| Q4 2016 | 2016-12-31 | $1.04B | $109.8M | +11.74% | +44.49% |
| Q3 2016 | 2016-09-30 | $1.47B | $198.1M | +15.63% | +39.71% |
| Q2 2016 | 2016-06-30 | $962.0M | $312.7M | +48.17% | +37.64% |
| Q1 2016 | 2016-03-31 | $291.5M | $113.8M | +64.02% | +13.57% |
| Q4 2015 | 2015-12-31 | $935.1M | $220.6M | +30.87% | +46.75% |
| Q3 2015 | 2015-09-30 | $1.27B | $4.1M | +0.33% | +40.85% |
| Q2 2015 | 2015-06-30 | $649.3M | −$8.4M | −1.28% | +28.47% |
| Q1 2015 | 2015-03-31 | $177.7M | $30.4M | +20.67% | +9.66% |
| Q4 2014 | 2014-12-31 | $714.5M | $187.5M | +35.58% | +38.83% |
| Q3 2014 | 2014-09-30 | $1.26B | $313.4M | +32.99% | +44.54% |
| Q2 2014 | 2014-06-30 | $657.7M | $85.8M | +15.00% | +30.97% |
| Q1 2014 | 2014-03-31 | $147.3M | −$20.8M | −12.37% | +8.97% |
| Q4 2013 | 2013-12-31 | $527.0M | $46.4M | +9.65% | +34.19% |
| Q3 2013 | 2013-09-30 | $950.0M | $285.6M | +42.98% | +41.85% |
| Q2 2013 | 2013-06-30 | $572.0M | $155.1M | +37.20% | +34.04% |
| Q1 2013 | 2013-03-31 | $168.1M | −$617,000 | −0.37% | +12.91% |
| Q4 2012 | 2012-12-31 | $480.6M | $215.8M | +81.51% | +40.37% |
| Q3 2012 | 2012-09-30 | $664.4M | $115.6M | +21.07% | +38.94% |
| Q2 2012 | 2012-06-30 | $416.9M | $203.4M | +95.27% | +31.42% |
| Q1 2012 | 2012-03-31 | $168.7M | −$99.3M | −37.04% | +16.26% |
| Q4 2011 | 2011-12-31 | $264.8M | $93.0M | +54.12% | +26.72% |
| Q3 2011 | 2011-09-30 | $548.8M | $247.7M | +82.24% | +37.77% |
| Q2 2011 | 2011-06-30 | $213.5M | $31.6M | +17.35% | +19.36% |
| Q1 2011 | 2011-03-31 | $267.9M | $168.1M | +168.30% | +33.11% |
| Q4 2010 | 2010-12-31 | $171.8M | −$21.6M | −11.17% | +23.49% |
| Q3 2010 | 2010-09-30 | $301.1M | — | — | +30.06% |
| Q2 2010 | 2010-06-30 | $181.9M | — | — | +23.70% |
| Q1 2010 | 2010-03-31 | $99.9M | — | — | +17.09% |
| Q3 2009 | 2009-09-30 | $193.4M | — | — | +26.47% |
Booking Holdings free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$201.0M to $9.09B, a net increase of $9.29B. Booking Holdings's latest reported quarter, Q2 2026, generated $3.64B in free cash flow, an increase of 16.13% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Booking Holdings filings at SEC.gov ↗