For the quarter ending 2026-03-31, EXPE had $813M increase in cash & cash equivalents over the period. $3,747M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -12 | 212 | 964 | 322 |
| Depreciation of property and equipment, including internal-use software and website development | 221 | 212 | 215 | 212 |
| Amortization of intangible assets | 7 | 8 | 10 | 11 |
| Impairment of goodwill and intangible assets | - | 0 | 0 | - |
| Amortization of stock-based compensation | 103 | 105 | 90 | 105 |
| Deferred income taxes | 1 | -24 | 101 | 47 |
| Foreign exchange (gain) loss on cash, restricted cash and short-term investments, net | -23 | 2 | -19 | 100 |
| Realized (gain) loss on foreign currency forwards, net | -63 | -35 | 3 | 140 |
| Loss on minority equity investments, net | -155 | -42 | 133 | -102 |
| Other, net | 71 | 88 | -7 | 34 |
| Accounts receivable | 1,006 | -306 | -470 | 518 |
| Prepaid expenses and other assets | 198 | -25 | -222 | 29 |
| Accounts payable, merchant | -43 | 105 | -69 | 338 |
| Accounts payable, other, accrued expenses and other liabilities | 1 | -71 | -62 | 211 |
| Tax payable/receivable, net | -27 | -26 | 15 | 25 |
| Deferred merchant bookings | 4,572 | -711 | -2,329 | 501 |
| Net cash provided by operating activities | 3,931 | 304 | -497 | 1,121 |
| Capital expenditures, including internal-use software and website development | 184 | 185 | 189 | 200 |
| Purchases of investments | 174 | 110 | 90 | 99 |
| Sales and maturities of investments | 197 | 131 | 175 | 323 |
| Proceeds from exchange of cross-currency interest rate swaps | 692 | - | - | - |
| Payments for exchange of cross-currency interest rate swaps | 692 | - | - | - |
| Other, net | - | 35 | 8 | -140 |
| Acquisitions and other, net | 279 | - | - | - |
| Net cash used in investing activities | -440 | -199 | -112 | 164 |
| Proceeds from issuance of long-term debt, net of issuance costs | 0 | 0 | 0 | 0 |
| Payments related to long-term debt | 1,828 | 0 | 0 | 0 |
| Purchases of treasury stock | 788 | 327 | 531 | 688 |
| Payment of dividends to stockholders | 58 | 49 | 49 | 51 |
| Proceeds from exercise of equity awards and employee stock purchase plan | 25 | 0 | 25 | 0 |
| Other, net | -1 | -13 | -12 | 28 |
| Net cash used in financing activities | -2,650 | -389 | -567 | -711 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents | -28 | -2 | -17 | 147 |
| Net increase in cash, cash equivalents and restricted cash and cash equivalents | 813 | -286 | -1,193 | 721 |
| Cash, cash equivalents and restricted cash and cash equivalents at beginning of period | 6,976 | 7,262 | 8,455 | 7,734 |
| Cash, cash equivalents and restricted cash and cash equivalents at end of period | 7,789 | 6,976 | 7,262 | 8,455 |
Expedia Group, Inc. (EXPE)
Expedia Group, Inc. (EXPE)