EXPEDIA GROUP, INC. (EXPE) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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EXPEDIA GROUP, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $863,000,000.00Deferred merchant bookings → Operating adjustments reconciliation: $4,998,000,000.00Depreciation of property and equipment, including internal-use software and website development → Operating adjustments reconciliation: $438,000,000.00Accounts payable, merchant → Operating adjustments reconciliation: $283,000,000.00Accounts payable, other, accrued expenses and other liabilities → Operating adjustments reconciliation: $282,000,000.00Amortization of stock-based compensation → Operating adjustments reconciliation: $217,000,000.00Realized (gain) loss on foreign currency forwards, net → Operating adjustments reconciliation: $185,000,000.00Deferred income taxes → Operating adjustments reconciliation: $83,000,000.00Other, net → Operating adjustments reconciliation: $32,000,000.00Foreign exchange (gain) loss on cash, restricted cash and short-term investments, net → Operating adjustments reconciliation: $31,000,000.00Amortization of intangible assets → Operating adjustments reconciliation: $18,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $4,546,000,000.00Operating adjustments reconciliation → Accounts receivable: $1,654,000,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $230,000,000.00Operating adjustments reconciliation → (Gain) loss on minority equity investments, net: $125,000,000.00Operating adjustments reconciliation → Tax payable/receivable, net: $12,000,000.00Proceeds from exchange of cross-currency interest rate swaps → investing reconciliation: $692,000,000.00Sales and maturities of investments → investing reconciliation: $335,000,000.00investing reconciliation → Purchases of investments: $760,000,000.00investing reconciliation → Payments for exchange of cross-currency interest rate swaps: $692,000,000.00investing reconciliation → Acquisitions and other, net: $400,000,000.00investing reconciliation → Capital expenditures, including internal-use software and website development: $383,000,000.00Net cash used in financing activities → financing reconciliation: $2,057,000,000.00Proceeds from issuance of long-term debt, net of issuance costs → financing reconciliation: $986,000,000.00Proceeds from exercise of equity awards and employee stock purchase plan → financing reconciliation: $25,000,000.00financing reconciliation → Payments related to long-term debt: $1,828,000,000.00financing reconciliation → Purchases of treasury stock: $1,058,000,000.00financing reconciliation → Payment of dividends to stockholders: $116,000,000.00financing reconciliation → Other, net: $66,000,000.00Net cash used in investing activities → investing reconciliation: $1,208,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $6,976,000,000.00Net cash from operating activities → Cash sources and uses: $5,409,000,000.00Cash sources and uses → Exchange-rate effect: $36,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $9,084,000,000.00Cash sources and uses → Net cash used in investing activities: $1,208,000,000.00Cash sources and uses → Net cash used in financing activities: $2,057,000,000.00Other, net: $32,000,000.00Other operating, net+$32.00 MPrepaid expenses and other assets: -$230,000,000.00Other operating assets−$230.00 MTax payable/receivable, net: -$12,000,000.00Income tax balances−$12.00 MAccounts receivable: -$1,654,000,000.00Accounts receivable−$1.65 BForeign exchange (gain) loss on cash, restricted cash and short-term investments, net: $31,000,000.00FX gain & loss, cash & investments+$31.00 M(Gain) loss on minority equity investments, net: -$125,000,000.00Investment gain & loss−$125.00 MNet income: $863,000,000.00Net income+$863.00 MDeferred income taxes: $83,000,000.00Deferred income taxes+$83.00 MDepreciation of property and equipment, including internal-use software and website development: $438,000,000.00Depreciation expense+$438.00 MAccounts payable, merchant: $283,000,000.00Accounts payable, merchant+$283.00 MAmortization of stock-based compensation: $217,000,000.00Stock-based compensation+$217.00 MRealized (gain) loss on foreign currency forwards, net: $185,000,000.00Derivative settlements, net+$185.00 MAccounts payable, other, accrued expenses and other liabilities: $282,000,000.00Other payables & accruals+$282.00 MDeferred merchant bookings: $4,998,000,000.00Deferred merchant bookings+$5.00 BAmortization of intangible assets: $18,000,000.00Intangible amortization+$18.00 MNet cash from operating activities: $5,409,000,000.00Operating cash+$5.41 BOperating adjustments reconciliation: $6,567,000,000.00Other, net: -$66,000,000.00Other financing, net−$66.00 MPayments related to long-term debt: -$1,828,000,000.00Long-term debt repaid−$1.83 BProceeds from issuance of long-term debt, net of issuance costs: $986,000,000.00Senior debt issued+$986.00 MPurchases of treasury stock: -$1,058,000,000.00Common stock repurchases−$1.06 BProceeds from exercise of equity awards and employee stock purchase plan: $25,000,000.00Equity award & stock plan proceeds+$25.00 MPayment of dividends to stockholders: -$116,000,000.00Common dividends paid−$116.00 MNet cash used in financing activities: -$2,057,000,000.00. Cash required to fund net payments.Financing cash−$2.06 Bfinancing reconciliation: $3,068,000,000.00Capital expenditures, including internal-use software and website development: -$383,000,000.00PP&E purchases−$383.00 MPurchases of investments: -$760,000,000.00Investment purchases−$760.00 MSales and maturities of investments: $335,000,000.00Investment sales & maturities+$335.00 MProceeds from exchange of cross-currency interest rate swaps: $692,000,000.00Investing hedge proceeds+$692.00 MPayments for exchange of cross-currency interest rate swaps: -$692,000,000.00Investing hedge payments−$692.00 MAcquisitions and other, net: -$400,000,000.00Acquisitions and other, net−$400.00 MNet cash used in investing activities: -$1,208,000,000.00. Cash required to fund net payments.Investing cash−$1.21 Binvesting reconciliation: $2,235,000,000.00Cash sources and uses: $12,385,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $6,976,000,000.00Beginning cash$6.98 BEnding cash: Cash, cash equivalents, and restricted cash: $9,084,000,000.00Ending cash$9.08 BExchange-rate effect: -$36,000,000.00FX effect−$36.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$5.03 BOperating cash − cash spent on PP&ECash flow / Net income6.27×Operating cash flow ÷ net incomeNet cash change+$2.11 BEnding cash − beginning cash
Chart details

EXPEDIA GROUP, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
6,976,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
5,409,000,000 US dollars. Net cash provided.
Other, net
32,000,000 US dollars
Prepaid expenses and other assets
negative 230,000,000 US dollars
Tax payable/receivable, net
negative 12,000,000 US dollars
Accounts receivable
negative 1,654,000,000 US dollars
Foreign exchange (gain) loss on cash, restricted cash and short-term investments, net
31,000,000 US dollars
(Gain) loss on minority equity investments, net
negative 125,000,000 US dollars
Net income
863,000,000 US dollars
Deferred income taxes
83,000,000 US dollars
Depreciation of property and equipment, including internal-use software and website development
438,000,000 US dollars
Accounts payable, merchant
283,000,000 US dollars
Amortization of stock-based compensation
217,000,000 US dollars
Realized (gain) loss on foreign currency forwards, net
185,000,000 US dollars
Accounts payable, other, accrued expenses and other liabilities
282,000,000 US dollars
Deferred merchant bookings
4,998,000,000 US dollars
Amortization of intangible assets
18,000,000 US dollars
Investing activities
negative 1,208,000,000 US dollars. Net cash used.
Capital expenditures, including internal-use software and website development
negative 383,000,000 US dollars
Purchases of investments
negative 760,000,000 US dollars
Sales and maturities of investments
335,000,000 US dollars
Proceeds from exchange of cross-currency interest rate swaps
692,000,000 US dollars
Payments for exchange of cross-currency interest rate swaps
negative 692,000,000 US dollars
Acquisitions and other, net
negative 400,000,000 US dollars
Financing activities
negative 2,057,000,000 US dollars. Net cash used.
Other, net
negative 66,000,000 US dollars
Payments related to long-term debt
negative 1,828,000,000 US dollars
Proceeds from issuance of long-term debt, net of issuance costs
986,000,000 US dollars
Purchases of treasury stock
negative 1,058,000,000 US dollars
Proceeds from exercise of equity awards and employee stock purchase plan
25,000,000 US dollars
Payment of dividends to stockholders
negative 116,000,000 US dollars
Operating adjustment reconciliation
6,567,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
3,068,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
2,235,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 36,000,000 US dollars
Ending cash on Jun 30, 2026
9,084,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
12,385,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
2,108,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
6.27×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
5,409,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
383,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
5,026,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $4.55B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 5,409,000,000 US dollars minus 383,000,000 US dollars equals 5,026,000,000 US dollars.
EXPEDIA GROUP, INC. (EXPE) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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