Homecoming: The Live Album is the fifth live album by American singer and songwriter Beyoncé, recorded from her two headlining Coachella performances in April 2018. It was released on April 17, 2019. The album accompanied a concert film documenting the performance, Homecoming: A Film by Beyoncé, which premiered the same day on the streaming platform Netflix. The album was also released on vinyl, on December 4, 2020.

On January 4, 2017, Beyoncé was announced as a headlining act for the April 2017 Coachella festival. However, on February 23, 2017, she postponed her performance until the following year, due to doctor's concerns regarding her pregnancy with twins (born in June 2017). Playing her rescheduled dates in 2018, Beyoncé became the first black woman ever to headline the festival. In its nearly twenty years of existence, the festival has only had two other women solo headliners, Lady Gaga (who replaced Beyoncé in 2017) and Björk (2002 and 2007). Even prior to Beyoncé's performance, the nickname "Beychella" emerged for the 2018 festival.

For her April 14 and 21, 2018, performances, some 100 dancers as well as her sister Solange, her husband Jay-Z, and her former girl group Destiny's Child joined Beyoncé on stage. She played a 26-song set to 125,000 concert-goers in attendance as well as millions watching via the live-stream on YouTube and subsequent playback. The set sampled Malcolm X and Nina Simone among others. The performance has been credited as paying a strong tribute to the HBCU experience.

A full marching band played during much of the set, accompanied by majorette dancers. Writing for Mic.com, Natelegé Whaley stated that the band consisted of members from various HBCUs and played samples of songs that are often played at an HBCU such as "Swag Surf", "Broccoli", and "Back that Azz Up", along with samples of gospel and go-go music. Journalists also noted that the set incorporated various aspects of black Greek life, such as a step show along with strolling by probates (pledges). Reviewers noted the influence of black feminism on Beyoncé's performance, including her sampling of Nigerian author Chimamanda Ngozi Adichie's TED Talk on feminism and the aforementioned appearances on stage of former collaborators Kelly Rowland and Michelle Williams of Destiny's Child as well as her sister Solange; writing in Cosmopolitan, Brittney Cooper read Beyoncé's decision to involve these black women in the landmark performance as a gesture of sisterhood.

Homecoming: The Live Album was met with widespread critical acclaim. At Metacritic, it received a weighted average score of 95, based on 6 reviews.

Writing for Los Angeles Times, Sonaiya Kelley named Homecoming: The Live Album as "one of the greatest live albums ever", with Makeda Easter adding that the "album is a piece of black history". Bernadette Giacomazzo of HipHopDX called the album an "artistically-sound triumph" as well as a "cultural touchstone and, quite possibly, the live album of a generation". Giacomazzo describes that what makes the album "so classic is that Beyoncé makes clear" that she is "Black Excellence, personified — and in her performance, she makes the audience believe that they, too, are Black Excellence personified".

Writing for Rolling Stone, Brittany Spanos described the album as "triumphant" and "awe-inspiring". She noticed that the live album successfully felt like a greatest hits collection (reimagined to fit the college homecoming theme and marching band) due to its lack of connection to any specific album. In a review for Pitchfork, Danielle Jackson praised the album as a "stunning" preservation of Beyoncé's Coachella performance, commending its focus on historical black artists. She wrote that the performance showcased Beyoncé at her vocal and physical peak, while celebrating "complex, diasporic blackness". She also applauded the album's mixing and engineering, and concluded that the "wondrous, rapturous collage" could serve as one of Beyoncé's most important albums. AllMusic's reviewer Neil Z. Yeung had similar sentiments, concluding that "Homecoming is a master class in technical prowess, crowd pleasing, and soulful substance. Channeling the spirit of African queen Nefertiti (whose image she adopted for this show), Beyoncé proved to be a ruler in her own right, lording over Coachella for two career-defining nights."

Homecoming: The Live Album debuted at number seven on the US Billboard 200 with 38,000 album-equivalent units (including 14,000 in album sales) from only two days of tracking activity. It is Beyoncé's eighth solo US top 10 album. The following week, it rose to number four, earning 57,000 album-equivalent units (including 8,000 album sales). After the album's release, the studio version of "Before I Let Go" peaked at number 17 on the Billboard R&B/Hip-Hop Digital Song Sales Chart as well as number 3 on the Billboard R&B Digital Song Sales Chart. In the beginning of May, "Before I Let Go" debuted at number 75 in the US Billboard Hot 100 chart issue dated May 4, 2019. It peaked at number 65 in the US Billboard Hot 100 issue dated May 11, 2019.