Booking Holdings revenue and financials
$157.63Change from previous close: −0.44%Absolute change: −$0.70
In the fiscal year ended December 2025, Booking Holdings reported revenue of $26.92B (+13.39% year over year). Net income was $5.4B, a net margin of 20.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +13.39%
- 2025 vs 2024
- Net income growth
- −8.13%
- 2025 vs 2024
- Net margin
- 20.1%
- 2024: 24.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 9,409 | 8,323 | 7,344 | 6,554 | 2,820 | 85.0 | 4,865 | 5,338 | 4,662 | 3,984 |
| Depreciation and amortization | 623 | 591 | 504 | 451 | 421 | 458 | 469 | 426 | 363 | 309 |
| Capital expenditure | -322 | -429 | -345 | -368 | -304 | -286 | -368 | -442 | -288 | -220 |
| Investing cash flow | -313 | 129 | 1,486 | -518 | -998 | 2,637 | 7,050 | 2,215 | -4,202 | -3,333 |
| Financing cash flow | -8,915 | -4,204 | -8,909 | -4,897 | -1,239 | 1,528 | -8,220 | -7,431 | -79.0 | -1.0 |
| Dividends paid | -1,248 | -1,174 | 0.0 | 0.0 | — | — | — | — | — | — |
| Share repurchases | -6,440 | -6,509 | -10,377 | -6,621 | -163 | -1,303 | -8,187 | -5,971 | -1,828 | -1,012 |
| Debt issued | 3,681 | 4,836 | 1,893 | 3,621 | 2,015 | 4,108 | 400 | 25.0 | 2,045 | 995 |
| Debt repaid | -4,970 | -1,312 | -500 | -1,880 | -3,068 | -1,244 | -425 | -1,487 | -286 | — |
| Effect of exchange rates | 895 | -190 | -37.0 | -40.0 | -13.0 | — | -8.0 | -40.0 | 100 | -46.0 |
| Net change in cash | 1,076 | 4,058 | -116 | 1,099 | 570 | 4,250 | 3,687 | 82.0 | 481 | 604 |
| Free cash flow | 9,087 | 7,894 | 6,999 | 6,186 | 2,516 | — | — | — | — | — |
| Levered free cash flow | 6,551 | 8,246 | 6,399 | 5,746 | 3,086 | 149 | 4,117 | 3,797 | 3,460 | 2,897 |