CoverageForm 410-K10-Q8-K13D13G13F

BKNG · Booking Holdings Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · BKNG

Income Statement

Line itemQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Revenue$5.53B-$9.01B$6.80B$4.76B-$7.99B$5.86B$4.42B-
Cost of Revenue----------
Gross Profit----------
R&D----------
SG&A$100.00M-$254.00M$199.00M$142.00M-$575.00M$112.00M$186.00M-
Total Operating Expenses$4.26B-$5.53B$4.55B$3.70B-$4.82B$4.00B$3.62B-
D&A$131.00M-$160.00M$158.00M$154.00M-$155.00M$142.00M$137.00M-
Operating Income$1.27B-$3.48B$2.25B$1.06B-$3.18B$1.86B$791.00M-
Interest Expense$253.00M-$301.00M$418.00M$219.00M-$305.00M$264.00M$219.00M-
Income Tax$316.00M-$721.00M$209.00M$63.00M-$352.00M$401.00M$161.00M-
Net Income$1.08B-$2.75B$895.00M$333.00M-$2.52B$1.52B$776.00M-
EPS - Basic$1.37-$3.39$1.10$0.41-$3.01$1.80$0.91-
EPS - Diluted$1.36-$3.38$1.10$0.40-$2.97$1.78$0.89-

Balance Sheet

Line itemQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Cash & Equivalents$16.02B$17.20B$16.51B$17.59B$15.58B$16.16B$15.78B$16.29B$15.63B$12.11B
Accounts Receivable----------
Inventory----------
Accounts Payable$4.13B$5.09B$4.03B$4.28B$3.29B$3.82B$4.07B$3.93B$3.27B$3.48B
Current Assets$20.93B$22.26B$21.70B$23.26B$19.95B$20.49B$20.53B$21.29B$20.48B$17.03B
Total Assets$27.72B$29.26B$28.75B$30.68B$27.19B$27.71B$27.98B$28.54B$27.73B$24.34B
Current Liabilities$19.81B$16.70B$16.27B$18.64B$16.39B$15.65B$16.68B$18.21B$16.83B$13.33B
Long-term Debt$15.40B$16.86B$16.00B$17.47B$15.37B$14.85B$13.79B$13.36B$13.44B$12.22B
Total Liabilities$36.44B$34.84B$33.49B$37.34B$33.30B$31.73B$31.63B$32.82B$31.78B$27.09B
Stockholders' Equity($8.72B)($5.58B)($4.74B)($6.66B)($6.11B)($4.02B)($3.65B)($4.28B)($4.05B)($2.74B)
Retained Earnings$41.42B$40.67B$39.55B$37.12B$36.54B$36.52B$35.75B$33.53B$32.30B$31.83B

Cash Flow

Line itemQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Operating Cash Flow$3.21B---$3.28B---$2.70B-
Investing Cash Flow($107.00M)---($118.00M)---$69.00M-
Financing Cash Flow($4.03B)---($3.97B)---$784.00M-
CapEx$107.00M---$121.00M---$130.00M-
Free Cash Flow$3.11B---$3.16B---$2.57B-

Ratios

MetricQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Profitability
Gross margin----------
Operating margin23.0%-38.7%33.1%22.3%-39.8%31.7%17.9%-
EBITDA margin25.3%-40.4%35.4%25.5%-41.7%34.1%21.0%-
Net margin19.6%-30.5%13.2%7.0%-31.5%26.0%17.6%-
Free cash flow margin56.2%---66.4%---58.3%-
FCF / Net income2.87---9.50---3.32-
R&D / Revenue----------
SG&A / Revenue1.8%-2.8%2.9%3.0%-7.2%1.9%4.2%-
Effective tax rate22.6%-20.8%18.9%15.9%-12.3%20.9%17.2%-
Return on assets3.9%-9.6%2.9%1.2%-9.0%5.3%2.8%-
Return on equity-12.4%--58.0%-13.4%-5.4%--68.9%-35.6%-19.2%-
Return on invested capital14.7%-24.5%16.9%9.6%-27.5%16.2%7.0%-
Liquidity
Current ratio1.061.331.331.251.221.311.231.171.221.28
Quick ratio1.061.331.331.251.221.311.231.171.221.28
Cash ratio0.811.031.020.940.951.030.950.890.930.91
Leverage
Debt / Equity-1.77-3.02-3.38-2.62-2.51-3.69-3.78-3.12-3.32-4.45
Debt / Assets0.560.580.560.570.570.540.490.470.480.50
Debt / EBITDA10.98-4.397.2612.64-4.146.6914.48-
Interest coverage5.0x-11.6x5.4x4.8x-10.4x7.0x3.6x-
Equity multiplier-3.18-5.25-6.07-4.61-4.45-6.89-7.66-6.67-6.84-8.87
Liabilities / Assets1.311.191.161.221.221.151.131.151.151.11
Efficiency
Asset turnover0.20-0.310.220.18-0.290.210.16-
Inventory turnover----------
Days sales outstanding----------
Days inventory outstanding----------
Days payable outstanding----------
Cash conversion cycle----------
Valuation
P / E123.8x-64.0x211.1x457.5x-56.7x89.3x162.2x-
P / B----------
P / S24.2x-0.8x1.1x1.3x-0.7x0.9x1.1x-
EV / EBITDA94.9x-1.8x3.1x4.8x-1.1x1.3x3.1x-
Growth
Revenue growth (YoY)16.2%-12.7%16.0%7.9%-8.9%7.3%16.9%-
Revenue CAGR (3y)13.6%-14.2%16.5%20.9%-19.6%39.5%57.0%-
Revenue CAGR (5y)37.1%-27.8%60.9%15.8%-9.7%8.8%9.2%-
Gross profit growth (YoY)----------
Operating income growth (YoY)19.7%-9.6%21.2%34.3%-2.4%10.9%75.8%-
Net income growth (YoY)225.2%-9.2%-41.2%-57.1%-0.2%17.9%191.7%-
EPS growth (YoY)237.6%-13.5%-38.2%-55.0%--95.7%-94.9%-87.2%-
EPS CAGR (3y)-42.1%--56.8%-62.7%---45.7%---
EPS CAGR (5y)---29.6%-18.1%---42.1%-39.8%-44.4%-
FCF growth (YoY)-1.7%---22.8%----8.1%-
FCF CAGR (5y)--------37.2%-
Book value growth (YoY)-42.7%-38.8%-29.6%-55.7%-50.8%-46.5%-484.5%-543.0%--

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$26.92B total
Reportable Segment$26.92B · 100.0%

Product / service

$26.92B total
Merchant Revenue$17.75B · 66.0%
Agency Revenue$7.97B · 29.6%
Advertisingandotherrevenues$1.19B · 4.4%

Geographic

$48.62B total
Non Us$24.34B · 50.1%
NL$21.70B · 44.6%
US$2.58B · 5.3%

Peer comparison

Same SIC group: Transportation Services

CompanyRevenue (last FY)Net marginROE
GATX$1.74B19.2%12.1%
EXPE$14.73B8.8%100.8%
LIND--10.4%
GBTG$2.72B4.0%6.8%
SPCE$1.54M-18063.9%-101.8%

Comparing Booking Holdings Inc. against the 5 most active filers in the same SIC group.

Dividends

$1.57/share trailing 12 months · +9.6% YoY

Ex-datePer share
Mar 6, 2026$0.4200
Dec 5, 2025$0.3840
Sep 5, 2025$0.3840
Jun 6, 2025$0.3840
Mar 7, 2025$0.3840
Dec 6, 2024$0.3500
Sep 6, 2024$0.3500
Jun 7, 2024$0.3500
Mar 7, 2024$0.3500