Expedia Group, Inc. Deferred merchant bookings increased by 43.8% to $15.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $12.92B to $15.00B. Over 5 years (FY 2020 to FY 2025), Deferred merchant bookings shows an upward trend with a 27.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase signals strong forward booking demand, which is a positive indicator for future revenue recognition.
This represents cash received from customers for travel bookings that have not yet been completed or fulfilled. Because...
A key liquidity metric for travel companies; higher levels indicate strong consumer demand and cash flow health.
current_liabilities_deferred_merchant_bookings_liability_b7caa6| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.24B | $5.84B | $5.69B | $9.20B | $10.04B | $7.46B | $7.15B | $11.04B | $11.52B | $8.39B | $7.72B | $11.39B | $12.08B | $9.41B | $8.52B | $12.92B | $13.42B | $11.14B | $10.43B | $15.00B |
| QoQ Change | — | -29.1% | -2.7% | +61.8% | +9.1% | -25.7% | -4.1% | +54.3% | +4.4% | -27.2% | -8.0% | +47.5% | +6.1% | -22.1% | -9.5% | +51.6% | +3.9% | -17.0% | -6.4% | +43.8% |
| YoY Change | — | — | — | — | +21.9% | +27.6% | +25.7% | +19.9% | +14.8% | +12.6% | +8.0% | +3.2% | +4.9% | +12.1% | +10.3% | +13.4% | +11.0% | +18.3% | +22.4% | +16.1% |