Booking Holdings Inc. (BKNG) Income Statement
BKNG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBKNG revenue and net income
Where BKNG's revenue goes
2025Each bar shows an amount and its share of revenue. BKNG kept 20.1% of revenue as net income.
BKNG profit margins
BKNG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.4% | +16.3% | +31.7% | +11.3% |
| Gross profit | +13.4% | +16.3% | +31.7% | +12.1% |
| Operating income | +22.9% | +22.1% | — | +11.0% |
| Net income | −8.1% | +20.9% | +146.8% | +7.8% |
| EPS (diluted) | −56.2% | +26.3% | — | +37.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BKNG quarterly EPS vs estimates
Booking Holdings beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 3, 2026 (estimate $4.48).
BKNG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.92B | $23.74B | $21.36B | $17.09B | $10.96B | $6.80B | $15.07B | $14.53B | $12.68B | $10.74B |
| Cost of revenue | $768.0M | $751.0M | $665.0M | $607.0M | $599.0M | $642.0M | $641.0M | $426.0M | $242.0M | $415.0M |
| Gross profit | $26.92B | $23.74B | $21.36B | $17.09B | $10.96B | $6.80B | $15.07B | $14.53B | $12.44B | $10.33B |
| Research & development | — | — | — | — | — | — | $285.0M | $233.0M | $189.0M | $142.0M |
| Sales, general & admin | $15.90B | $14.79B | $14.37B | $11.21B | $7.62B | $5.46B | $8.97B | $8.53B | $7.35B | $6.03B |
| Total operating expenses | $17.64B | $16.18B | $15.53B | $11.99B | $8.46B | $7.43B | $9.72B | $9.19B | $7.90B | $7.42B |
| Operating income | $9.28B | $7.55B | $5.83B | $5.10B | $2.50B | −$631.0M | $5.34B | $5.34B | $4.54B | $2.91B |
| Interest income | $921.0M | $1.11B | $914.0M | $219.0M | $16.0M | $54.0M | $152.0M | $187.0M | $157.2M | $94.9M |
| Interest expense | $1.62B | $1.29B | $897.0M | $391.0M | $334.0M | $356.0M | $266.0M | $269.0M | $254.0M | $208.0M |
| Income before taxes | $6.83B | $7.29B | $5.48B | $3.92B | $1.47B | $567.0M | $5.96B | $4.83B | $4.40B | $2.71B |
| Income taxes | $1.43B | $1.41B | $1.19B | $865.0M | $300.0M | $508.0M | $1.09B | $837.0M | $2.06B | $578.0M |
| Net income | $5.40B | $5.88B | $4.29B | $3.06B | $1.17B | $59.0M | $4.87B | $4.00B | $2.34B | $2.13B |
| EBITDA | $9.22B | $9.34B | $7.04B | $4.92B | $2.40B | $1.56B | $6.87B | $5.53B | $5.02B | $3.23B |
| EPS (diluted) | $55.99 | $127.94 | $36.85 | $27.78 | $17.03 | −$0.36 | $4.13 | $25.31 | $19.28 | $16.44 |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 98.1% | 96.1% |
| Operating margin | 34.5% | 31.8% | 27.3% | 29.9% | 22.8% | −9.3% | 35.5% | 36.8% | 35.8% | 27.1% |
| Net margin | 20.1% | 24.8% | 20.1% | 17.9% | 10.6% | 0.9% | 32.3% | 27.5% | 18.5% | 19.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.35B | $5.53B | $6.35B | $9.01B | $6.80B | $4.76B | $5.47B | $7.99B | $5.86B | $4.42B | $4.78B | $7.34B |
| Cost of revenue | $0 | $0 | $191.0M | $199.0M | $194.0M | $184.0M | $203.0M | $190.0M | $142.0M | $177.0M | $175.0M | $169.0M |
| Gross profit | $7.35B | $5.53B | $6.35B | $9.01B | $6.80B | $4.76B | $5.47B | $7.99B | $5.86B | $4.42B | $4.78B | $7.34B |
| Sales, general & admin | $4.43B | $3.87B | $3.89B | $4.56B | $4.13B | $3.31B | $3.34B | $4.47B | $3.68B | $3.30B | $3.85B | $3.92B |
| Total operating expenses | $4.85B | $4.26B | $4.32B | $5.07B | $4.55B | $3.70B | $3.74B | $4.82B | $4.00B | $3.62B | $4.17B | $4.24B |
| Operating income | $2.50B | $1.27B | $2.03B | $3.94B | $2.25B | $1.06B | $1.73B | $3.18B | $1.86B | $791.0M | $609.0M | $3.10B |
| Interest income | $201.0M | $187.0M | $198.0M | $248.0M | $234.0M | $241.0M | $251.0M | $327.0M | $293.0M | $243.0M | $237.0M | $289.0M |
| Interest expense | $300.0M | $253.0M | $249.0M | $301.0M | $418.0M | $649.0M | $507.0M | $305.0M | $264.0M | $219.0M | $208.0M | $254.0M |
| Income before taxes | $2.56B | $1.40B | $1.86B | $3.47B | $1.10B | $396.0M | $1.56B | $2.87B | $1.92B | $937.0M | $411.0M | $3.15B |
| Income taxes | $610.0M | $316.0M | $435.0M | $721.0M | $209.0M | $63.0M | $496.0M | $352.0M | $401.0M | $161.0M | $189.0M | $638.0M |
| Net income | $1.95B | $1.08B | $1.43B | $2.75B | $895.0M | $333.0M | $1.07B | $2.52B | $1.52B | $776.0M | $222.0M | $2.51B |
| EBITDA | $2.99B | $1.53B | $2.30B | $3.97B | $1.72B | $1.23B | $2.27B | $3.36B | $2.37B | $1.33B | $794.0M | $3.57B |
| EPS (diluted) | $2.54 | $1.14 | $48.80 | $3.98 | $2.22 | $0.99 | $41.55 | $83.89 | $1.68 | $0.82 | $32.00 | $2.89 |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | 34.0% | 23.0% | 32.0% | 43.7% | 33.1% | 22.3% | 31.6% | 39.8% | 31.7% | 17.9% | 12.7% | 42.3% |
| Net margin | 26.5% | 19.6% | 22.5% | 30.5% | 13.2% | 7.0% | 19.5% | 31.5% | 26.0% | 17.6% | 4.6% | 34.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BKNG's financial statements (latest annual report filed February 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BKNG financial results
In fiscal year 2025 (ended December 31, 2025), Booking Holdings reported revenue of $26.9 billion, up 13.4% from the year before. It had net income of $5.4 billion (down 8.1%), a net profit margin of 20.1%. Diluted earnings per share came to $55.99. Over five years revenue grew at an average rate of 31.7% a year.
See the BKNG stock overview for the latest quote and news, or the BKNG chart for price history and technical indicators.
BKNG income statement FAQ
What is Booking Holdings's annual revenue?
Booking Holdings reported total revenue of $26.9 billion for fiscal year 2025, which ended on December 31, 2025. That was up 13.4% from $23.7 billion the previous year.
Is Booking Holdings profitable?
Yes. Booking Holdings reported net income of $5.4 billion in fiscal 2025, a net profit margin of 20.1%; its operating margin was 34.5%.
What is Booking Holdings's gross margin?
Booking Holdings's gross margin was 100.0% in fiscal 2025: for every $100 of revenue, Booking Holdings kept $100 after the direct cost of its products and services.
How fast is Booking Holdings growing?
Revenue grew 31.7% a year on average over the last five fiscal years, from $6.8 billion to $26.9 billion.
What are Booking Holdings's earnings per share?
Booking Holdings earned $55.99 per diluted share in fiscal 2025, compared with $127.94 a year earlier.
When will Booking Holdings report its next earnings?
Booking Holdings is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 after the market closes.
When does Booking Holdings's fiscal year end?
Booking Holdings's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 18, 2026.