BKNG · 10-Q · 2026Q2 · Full report
Operating Cash Flow Trends
Booking Holdings Inc. · 2026-08-04 · Importance 49 · Surprise 32 · Matches filing data
Net cash provided by operating activities increased to $6.934 billion for the six months ended June 30, 2026 from $6.484 billion in the prior-year period. The 2026 operating cash flow included $3.0 billion of net income, $510 million of favorable non-cash and other adjustments, and a $3.4 billion favorable working-capital impact. Deferred merchant bookings and other current liabilities increased $4.2 billion during the period, primarily because of higher business volumes. Investing cash use was $196 million, primarily for property and equipment, while financing cash use was $6.220 billion.
Key facts
- Net income for the six months ended June 30, 2026 was $3.0 billion and for the six months ended June 30, 2025 was $1.2 billion. source
- Net cash provided by operating activities was $6,934 million for the six months ended June 30, 2026 and $6,484 million for the six months ended June 30, 2025. source
- Deferred merchant bookings and other current liabilities increased by $4.2 billion during the six months ended June 30, 2026. source
- Over the six months ended June 30, 2026, deferred merchant bookings and other current liabilities increased by $4.2 billion, primarily due to higher business volumes. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +24.5% | Net income for the six months ended June 30, 2026 was $3.0 billion and for the six months ended June 30, 2025 was $1.2 billion. |
| liability | negative | realized | -14.2% | Deferred merchant bookings and other current liabilities increased by $4.2 billion during the six months ended June 30, 2026. |
| cash | positive | realized | +1.5% | Net cash provided by operating activities was $6,934 million for the six months ended June 30, 2026 and $6,484 million for the six months… |