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BKNG (Booking Holdings Inc.) Stock Financials & Earnings | Market Cap Arena
BKNG
Booking Holdings Inc.
Mkt Cap
$141B
Consumer Cyclical
·
Travel Services
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$26.9B
Net Income (TTM)
$5.4B
EPS (TTM)
$165.57
Free Cash Flow (TTM)
$9.1B
Gross Margin
99.3%
Op. Margin
32.9%
Net Margin
20.1%
FCF Margin
33.8%
P/S Ratio (TTM)
5.2x
P/E Ratio (TTM)
26.0x
YoY Rev Growth
+13.4%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$3.8B
$3.8B
$450M
Q2 23
$5.5B
$5.5B
$1.7B
Q3 23
$7.3B
$7.3B
$3.1B
Q4 23
$4.8B
$4.8B
$609M
Q1 24
$4.4B
$4.4B
$791M
Q2 24
$5.9B
$5.9B
$1.9B
Q3 24
$8.0B
$8.0B
$3.2B
Q4 24
$5.5B
$5.5B
$1.7B
Q1 25
$4.8B
$4.8B
$1.1B
Q2 25
$6.8B
$6.8B
$2.3B
Q3 25
$9.0B
$9.0B
$3.5B
Q4 25
$6.3B
$6.2B
$2.1B
marketcaparena.com
Revenue Breakdown
BKNG
Booking Holdings Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
7.7x
34.9x
Q2 23
7.3x
31.5x
Q3 23
6.8x
26.5x
Q4 23
6.6x
32.8x
Q1 24
6.4x
29.3x
Q2 24
6.3x
28.0x
Q3 24
6.1x
27.9x
Q4 24
5.9x
23.9x
Q1 25
5.8x
25.9x
Q2 25
5.6x
29.2x
Q3 25
5.4x
27.9x
Q4 25
5.2x
26.0x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$2.9B
$2.8B
Q2 23
$1.7B
$1.6B
Q3 23
$1.4B
$1.3B
Q4 23
$1.3B
$1.3B
Q1 24
$2.7B
$2.6B
Q2 24
$2.5B
$2.4B
Q3 24
$2.4B
$2.3B
Q4 24
$721M
$645M
Q1 25
$3.3B
$3.2B
Q2 25
$3.2B
$3.1B
Q3 25
$1.4B
$1.4B
Q4 25
$1.5B
$1.4B
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$88M
Q2 23
$92M
Q3 23
$71M
Q4 23
$94M
Q1 24
$130M
Q2 24
$146M
Q3 24
$77M
Q4 24
$76M
Q1 25
$121M
Q2 25
$64M
Q3 25
$64M
Q4 25
$73M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+40.2%
+32.0%
Q2 23
+27.2%
+15.0%
Q3 23
+21.3%
+22.2%
Q4 23
+18.2%
+54.4%
Q1 24
+16.9%
+8.9%
Q2 24
+7.3%
+5.6%
Q3 24
+8.9%
+13.6%
Q4 24
+14.4%
-10.4%
Q1 25
+7.9%
+2.1%
Q2 25
+16.0%
+13.6%
Q3 25
+12.7%
+14.7%
Q4 25
+16.0%
+14.6%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$113M
3.0%
Q2 23
$128M
2.3%
Q3 23
$128M
1.7%
Q4 23
$161M
3.4%
Q1 24
$144M
3.3%
Q2 24
$140M
2.4%
Q3 24
$148M
1.9%
Q4 24
$167M
3.1%
Q1 25
$143M
3.0%
Q2 25
$154M
2.3%
Q3 25
$153M
1.7%
Q4 25
$0
0.0%
marketcaparena.com
OpEx Breakdown
G&A
S&M
Quarter
G&A
S&M
Q1 23
$984M
$2.1B
Q2 23
$1.0B
$2.5B
Q3 23
$1.1B
$2.8B
Q4 23
$1.6B
$2.2B
Q1 24
$1.0B
$2.3B
Q2 24
$919M
$2.8B
Q3 24
$1.4B
$3.0B
Q4 24
$1.0B
$2.3B
Q1 25
$835M
$2.5B
Q2 25
$1.1B
$3.0B
Q3 25
$1.2B
$2.3B
Q4 25
$857M
$3.2B
marketcaparena.com
Revenue Segments
Advertising and other revenues
Agency Revenue
Merchant Revenue
Quarter
Advertising and other revenues
Agency Revenue
Merchant Revenue
Q1 23
$244M
$1.8B
$1.8B
Q2 23
$263M
$2.4B
$2.8B
Q3 23
$261M
$3.1B
$3.9B
Q4 23
$247M
$2.1B
$2.5B
Q1 24
$264M
$1.8B
$2.4B
Q2 24
$269M
$2.1B
$3.4B
Q3 24
$269M
$2.8B
$5.0B
Q4 24
$271M
$1.9B
$3.3B
Q1 25
$280M
$1.6B
$2.9B
Q2 25
$297M
$2.0B
$4.5B
Q3 25
$308M
$2.6B
$6.1B
Q4 25
$309M
$1.8B
$4.2B
marketcaparena.com
Revenue by Geography
Netherlands
Other Geographical Areas
United States
Quarter
Netherlands
Other Geographical Areas
United States
Q1 23
$2.9B
$396M
$523M
Q2 23
$4.3B
$507M
$615M
Q3 23
$6.1B
$581M
$633M
Q4 23
$3.7B
$540M
$556M
Q1 24
$3.3B
$519M
$557M
Q2 24
$4.5B
$758M
$638M
Q3 24
$6.6B
$718M
$662M
Q4 24
$4.2B
$659M
$628M
Q1 25
$3.6B
$576M
$586M
Q2 25
$5.5B
$643M
$655M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$14.1B
$359M
$14.5B
Q2 23
$14.6B
$640M
$15.2B
Q3 23
$13.3B
$624M
$13.9B
Q4 23
$12.1B
$576M
$12.7B
Q1 24
$15.6B
$362M
$16.0B
Q2 24
$16.3B
$37M
$16.3B
Q3 24
$15.8B
$0
$15.8B
Q4 24
$16.2B
$0
$16.2B
Q1 25
$15.6B
$0
$15.6B
Q2 25
$17.6B
$0
$17.6B
Q3 25
$16.5B
$0
$16.5B
Q4 25
$17.2B
$582M
$17.8B
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
38M
-1.9%
Q2 23
37M
-2.7%
Q3 23
36M
-2.6%
Q4 23
35M
-2.1%
Q1 24
35M
-1.5%
Q2 24
34M
-1.3%
Q3 24
34M
-1.2%
Q4 24
33M
-1.3%
Q1 25
33M
-1.0%
Q2 25
33M
-1.4%
Q3 25
33M
-0.2%
Q4 25
33M
+0.2%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$665K
13K
FY 15
$595K
16K
FY 16
$581K
19K
FY 17
$554K
23K
FY 18
$593K
25K
FY 19
$571K
26K
FY 20
$335K
20K
FY 21
$540K
20K
FY 22
$791K
22K
FY 23
$905K
24K
FY 24
$977K
24K
FY 25
$1M
24K
marketcaparena.com