Skip to content
Operating

Deferred merchant bookings

Expedia Group, Inc. Deferred merchant bookings increased by 812.6% to $4.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $4.4B to $4.57B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase signals strong future demand and provides immediate cash liquidity, while a decrease suggests lower forward bookings.

Detailed definition

This captures the change in cash received from customers for travel bookings where the service has not yet been rendered...

Peer comparison

A key performance indicator for travel and hospitality; peers with strong brand loyalty typically maintain high deferred balances.

Metric ID: operating_increase_decrease_in_deferred_merchant_bookings

Historical Data

10 periods
 Q2 '21Q1 '22Q2 '22Q1 '23Q2 '23Q1 '24Q2 '24Q1 '25Q2 '25Q1 '26
Value$2.24B$3.52B$839M$3.89B$486M$3.67B$691M$4.4B$501M$4.57B
QoQ Change+56.6%-76.1%+363.1%-87.5%+654.9%-81.2%+536.3%-88.6%+812.6%
YoY Change-62.6%+10.5%-42.1%-5.6%+42.2%+19.8%-27.5%+4.0%
Range$486M$4.57B
CAGR+37.2%
Avg YoY Growth-7.7%
Median YoY Growth-0.8%

Frequently Asked Questions

What is Expedia Group, Inc.'s deferred merchant bookings?
Expedia Group, Inc. (EXPE) reported deferred merchant bookings of $4.57B in Q1 2026.
How has Expedia Group, Inc.'s deferred merchant bookings changed year-over-year?
Expedia Group, Inc.'s deferred merchant bookings increased by 4.0% year-over-year, from $4.4B to $4.57B.
What does deferred merchant bookings mean?
The change in cash collected from customers for future travel services.