Expedia Group, Inc. (EXPE) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 3.93B | 304M | -497M | 1.12B | 2.95B | 198M | -1.49B | 1.5B | 2.88B | -238M | -1.38B | 1.15B | 3.16B | -182M | -997M | 1.63B | 2.99B | 285M | -1.22B | 2.51B |
| Operating CF Margin % | 114.74% | 8.57% | -11.26% | 29.61% | 98.8% | 6.22% | -36.77% | 42.19% | 99.65% | -8.24% | -35% | 34.13% | 118.46% | -6.95% | -27.55% | 51.18% | 132.99% | 12.51% | -41.22% | 119.09% |
| Operating CF Growth % | 33.16% | 53.54% | 66.71% | -25.32% | 2.54% | 183.19% | -8.58% | 30.98% | -8.81% | -30.77% | -37.91% | -29.61% | 5.55% | -163.86% | 18.35% | -35.24% | 37.83% | 174.03% | -49.08% | 236.19% |
| Net Income | -6M | 205M | 964M | 322M | -197M | 299M | 684M | 386M | -135M | 136M | 305M | 387M | -140M | 175M | 476M | -185M | -123M | 395M | 378M | -177M |
| Depreciation & Amortization | 228M | 220M | 225M | 223M | 219M | 212M | 211M | 205M | 210M | 208M | 208M | 199M | 192M | 199M | 199M | 197M | 197M | 199M | 201M | 205M |
| Stock-Based Compensation | 0 | 0 | 90M | 105M | 98M | 93M | 147M | 114M | 104M | 99M | 105M | 106M | 103M | 94M | 97M | 93M | 90M | 99M | 116M | 120M |
| Deferred Taxes | 1M | -24M | 101M | 47M | -46M | 8M | 27M | 77M | -38M | 13M | 66M | 40M | -57M | -36M | 189M | 18M | -101M | 13M | 83M | -66M |
| Other Non-Cash Items | 409M | 275M | -124M | -104M | 108M | 114M | 817M | -11M | 89M | -37M | 541M | -48M | -7M | -192M | 222M | 551M | 19M | -325M | 37M | -15M |
| Working Capital Changes | 3.3B | -372M | -1.75B | 528M | 2.77B | -528M | -3.38B | 730M | 2.65B | -657M | -2.6B | 462M | 3.07B | -422M | -2.18B | 954M | 2.91B | -96M | -2.04B | 2.45B |
| Change in Receivables | -1.01B | 306M | 470M | -518M | -1.24B | 540M | 354M | -387M | -974M | -37M | 142M | -390M | -456M | -90M | 173M | -445M | -476M | 60M | -52M | -429M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55M | 190M | 146M | 0 | 0 | 0 | 0 | 0 | -34M | 424M | -119M |
| Change in Payables | -43M | 34M | -365M | 549M | -134M | -195M | -394M | 442M | 126M | 32M | 160M | 340M | -99M | -58M | -137M | 522M | 239M | 14M | -8M | 749M |
| Cash from Investing | -440M | -199M | -112M | 164M | -384M | -361M | -452M | -209M | -240M | -165M | -247M | -193M | -195M | -66M | -266M | -261M | 13M | -425M | -93M | -233M |
| Capital Expenditures | -184M | -185M | 196M | 0 | -196M | -191M | 371M | -194M | -177M | -177M | -213M | -223M | -233M | -177M | -170M | -159M | -156M | -143M | -179M | -183M |
| CapEx % of Revenue | 5.37% | 5.22% | 4.44% | 5.28% | 6.56% | 6% | 9.14% | 5.45% | 6.13% | 6.13% | 5.42% | 6.64% | 8.74% | 6.76% | 4.7% | 5% | 6.94% | 6.27% | 6.04% | 8.67% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25M | 0 | 0 | 0 | 4M | 0 | 0 | 0 | 0 | 0 | 183M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -279M | -35M | -393M | -60M | 23M | -61M | -487M | -15M | -37M | -137M | -61M | 13M | 33M | -94M | -96M | -42M | -31M | -82M | 75M | -244M |
| Cash from Financing | -2.65B | -389M | -567M | -711M | -469M | -155M | -441M | -518M | -631M | -497M | -581M | -581M | -437M | -379M | -558M | -1.02B | -663M | -622M | 27M | -588M |
| Debt Issued (Net) | -1.83B | 0 | 0 | 0 | -59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -417M | -1B | -724M | 0 | 0 | -3M |
| Equity Issued (Net) | -763M | -327M | -506M | -688M | -384M | -198M | -469M | -513M | -643M | -468M | -594M | -582M | -469M | -366M | -161M | -22M | -47M | -675M | -23M | -30M |
| Dividends Paid | -58M | -49M | -49M | -51M | -51M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -67M | 0 | 0 | 0 | -17M | 0 | -50M |
| Share Repurchases | -788M | -327M | -531M | -688M | -384M | -198M | -469M | -529M | -643M | -468M | -607M | -593M | -469M | -366M | -172M | -22M | -47M | -57M | -23M | -30M |
| Other Financing | -1M | -13M | -12M | 28M | 25M | 43M | 28M | -5M | 12M | -29M | 13M | 1M | 32M | 54M | 20M | -2M | 108M | 70M | 50M | -505M |
| Net Change in Cash | 813M | -286M | -1.19B | 721M | 2.16B | -472M | -2.32B | 740M | 1.96B | -831M | -2.27B | 371M | 2.54B | -515M | -1.96B | 189M | 2.33B | -813M | -1.39B | 1.74B |
| Free Cash Flow | 3.75B | 119M | -101M | 921M | 2.76B | 7M | -1.12B | 1.31B | 2.7B | -415M | -1.59B | 923M | 2.92B | -359M | -1.17B | 1.47B | 2.83B | 142M | -1.4B | 2.33B |
| FCF Margin % | 109.37% | 3.35% | -2.29% | 24.33% | 92.24% | 0.22% | -27.64% | 36.73% | 93.53% | -14.37% | -40.42% | 27.49% | 109.72% | -13.71% | -32.25% | 46.18% | 126.06% | 6.23% | -47.27% | 110.42% |
| FCF Growth % | 35.96% | 1600% | 91% | -29.53% | 2% | 101.69% | 29.35% | 41.6% | -7.59% | -15.6% | -36.08% | -37.17% | 3.14% | -352.82% | 16.64% | -36.98% | 41.61% | 127.68% | -40.7% | 213.6% |
| FCF per Share | 30.76 | 0.93 | -0.77 | 6.93 | 21.42 | 0.05 | -8.27 | 9.48 | 19.94 | -2.87 | -10.75 | 6.08 | 19.18 | -2.25 | -7.21 | 9.34 | 18.13 | 0.88 | -8.72 | 15.63 |
| FCF Conversion (FCF/Net Income) | 63.40x | 1.48x | -0.52x | 3.40x | -14.76x | 0.66x | -2.18x | 3.89x | -21.33x | -1.80x | -3.24x | 2.98x | -21.77x | -1.03x | -2.07x | -8.80x | -24.52x | 0.74x | -3.25x | -14.62x |
| Interest Paid | 0 | 0 | 111M | 1M | 99M | 34M | 81M | 34M | 82M | 34M | 82M | 34M | 81M | 37M | 87M | 50M | 117M | 44M | 106M | 63M |
| Taxes Paid | 0 | 0 | 49M | 39M | 47M | -97M | 40M | 31M | 26M | 53M | 35M | 159M | 34M | 31M | 15M | 30M | 26M | 59M | -1M | 5M |