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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,719 | 3,215 | 1,490 | 1,435 | 3,201 | 3,283 | 721 | 2,373 | 2,525 | 2,704 | 1,346 | 1,372 |
| Depreciation and amortization | 162 | 163 | 191 | 199 | 194 | 184 | 203 | 190 | 181 | 177 | 175 | 169 |
| Capital expenditure | -76.0 | -107 | -73.0 | -64.0 | -64.0 | -121 | -76.0 | -77.0 | -146 | -130 | -94.0 | -71.0 |
| Investing cash flow | -89.0 | -107 | -71.0 | -63.0 | -61.0 | -118 | -75.0 | -2.0 | 137 | 69.0 | -39.0 | -22.0 |
| Financing cash flow | -2,194 | -4,026 | -667 | -2,484 | -1,797 | -3,967 | 143 | -3,165 | -1,966 | 784 | -2,490 | -2,632 |
| Dividends paid | -321 | -343 | -307 | -310 | -312 | -319 | -289 | -291 | -295 | -299 | — | — |
| Share repurchases | -3,988 | -3,770 | -2,119 | -653 | -1,498 | -2,170 | -1,227 | -1,764 | -1,662 | -1,856 | -2,488 | -2,640 |
| Debt issued | 2,975 | — | 1,726 | 0.0 | 1,955 | 0.0 | 1,877 | 0.0 | 0.0 | 2,959 | — | — |
| Debt repaid | -1,000 | 0.0 | 0.0 | -1,519 | -1,921 | -1,530 | -198 | -1,114 | — | — | — | — |
| Effect of exchange rates | -111 | -168 | -10.0 | 2.0 | 681 | 222 | -404 | 273 | -31.0 | -28.0 | -8.0 | -22.0 |
| Net change in cash | 1,325 | -1,086 | 742 | -1,110 | 2,024 | -580 | 385 | -521 | 665 | 3,529 | -1,191 | -1,304 |
| Free cash flow | 3,643 | 3,108 | 1,417 | 1,371 | 3,137 | 3,162 | 645 | 2,296 | 2,379 | 2,574 | 1,252 | 1,301 |
| Levered free cash flow | 2,960 | 2,909 | 1,110 | 581 | 2,198 | 2,496 | 1,991 | 1,792 | 2,082 | 2,381 | 1,023 | 846 |