Booking Holdings Inc. (BKNG) financial statements: income statement, balance sheet and cash flow

Booking Holdings Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Booking Holdings Inc. reported revenue of $26.9B (+13.4% year on year) and net income of $5.4B (-8.1% year on year).

Income statement

Booking Holdings Inc. income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Total revenues	$26.9B	$23.7B	$21.4B	$17.1B
Marketing expenses	$8.2B	$7.3B	$6.8B	$6.0B
Sales and other expenses	$3.5B	$3.1B	$2.7B	$1.8B
Personnel, including stock-based compensation of $613, $599, and $530, respectively	$3.4B	$3.4B	$3.3B	$2.5B
General and administrative	$857.0M	$1.0B	$1.6B	$934.0M
Information technology	$908.0M	$771.0M	$655.0M	$526.0M
Depreciation and amortization	$623.0M	$591.0M	$504.0M	$451.0M
Impairment	$457.0M	—	—	—
Transformation costs	$205.0M	$34.0M	—	—
Total operating expenses	$18.1B	$16.2B	$15.5B	$12.0B
Operating income	$8.8B	$7.6B	$5.8B	$5.1B
Interest expense	($1.6B)	($1.3B)	($897.0M)	($391.0M)
Interest and dividend income	$921.0M	$1.1B	—	—
Other income (expense), net	($1.3B)	($82.0M)	$543.0M	($788.0M)
Income before income taxes	$6.8B	$7.3B	$5.5B	$3.9B
Income tax expense	$1.4B	$1.4B	$1.2B	$865.0M
Net income	$5.4B	$5.9B	$4.3B	$3.1B
Net income applicable to common stockholders per basic common share (in dollars per share)	$166.52	$174.96	$118.67	$76.70
Weighted-average number of basic common shares outstanding (in shares)	32.5M	33.6M	36.1M	39.9M
Net income applicable to common stockholders per diluted common share (in dollars per share)	$165.57	$172.69	$117.40	$76.35
Weighted-average number of diluted common shares outstanding (in shares)	32.6M	34.1M	36.5M	40.1M

Booking Holdings Inc. income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Total revenues	$7.4B	$5.5B	$9.0B	$6.8B
Marketing expenses	$2.4B	$2.1B	$2.3B	$2.1B
Sales and other expenses	$942.0M	$804.0M	$1.0B	$899.0M
Personnel, including stock-based compensation of $140, $154, $281, and $296, respectively	$900.0M	$893.0M	$945.0M	$896.0M
General and administrative	$217.0M	$100.0M	$254.0M	$199.0M
Information technology	$263.0M	$240.0M	$242.0M	$219.0M
Depreciation and amortization	$129.0M	$131.0M	$160.0M	$158.0M
Transformation costs	$30.0M	$25.0M	$105.0M	$38.0M
Total operating expenses	$4.9B	$4.3B	$5.5B	$4.5B
Operating income	$2.5B	$1.3B	$3.5B	$2.3B
Interest expense	($300.0M)	($253.0M)	($301.0M)	($418.0M)
Interest and dividend income	$201.0M	$187.0M	$248.0M	$234.0M
Other income (expense), net	$159.0M	$194.0M	$39.0M	($962.0M)
Income before income taxes	$2.6B	$1.4B	$3.5B	$1.1B
Income tax expense	$610.0M	$316.0M	$721.0M	$209.0M
Net income	$1.9B	$1.1B	$2.7B	$895.0M
Net income applicable to common stockholders per basic common share (in dollars per share)	$2.54	$1.37	$84.86	$27.54
Weighted-average number of basic common shares outstanding (in shares)	768.0M	790.0M	32.4M	32.5M
Net income applicable to common stockholders per diluted common share (in dollars per share)	$2.53	$1.36	$84.41	$27.43
Weighted-average number of diluted common shares outstanding (in shares)	770.0M	794.0M	32.6M	32.6M

Balance sheet

Booking Holdings Inc. balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$17.2B	$16.2B	$12.1B	$12.2B
Accounts receivable, net (Allowance for expected credit losses of $137 and $146, respectively)	$3.8B	$3.2B	$3.3B	$2.2B
Prepaid expenses, net	$611.0M	$587.0M	$644.0M	$477.0M
Other current assets	$630.0M	$541.0M	$454.0M	$696.0M
Total current assets	$22.3B	$20.5B	$17.0B	$15.8B
Property and equipment, net	$807.0M	$832.0M	$784.0M	$669.0M
Operating lease assets	$632.0M	$559.0M	$705.0M	$645.0M
Intangible assets, net	$918.0M	$1.4B	$1.6B	$1.8B
Goodwill	$2.7B	$2.8B	$2.8B	$2.8B
Long-term investments	$582.0M	$536.0M	$440.0M	$2.8B
Other assets, net	$1.4B	$1.1B	$940.0M	$824.0M
Total assets	$29.3B	$27.7B	$24.3B	$25.4B
Accounts payable	$5.1B	$3.8B	$3.5B	$2.5B
Accrued expenses and other current liabilities	$4.5B	$6.0B	$4.6B	$3.2B
Deferred merchant bookings	$5.3B	$4.0B	$3.3B	$2.2B
Short-term debt	$1.9B	$1.7B	$2.0B	$500.0M
Total current liabilities	$16.7B	$15.6B	$13.3B	$8.5B
Deferred income taxes	$17.0M	$289.0M	$258.0M	$685.0M
Operating lease liabilities	$557.0M	$483.0M	$599.0M	$552.0M
Long-term U.S. transition tax liability	$0	$257.0M	$515.0M	$711.0M
Other long-term liabilities	$714.0M	$199.0M	$161.0M	$172.0M
Long-term debt	$16.9B	$14.9B	$12.2B	$12.0B
Total liabilities	$34.8B	$31.7B	$27.1B	$22.6B
Common stock, $0.008 par value, Authorized shares: 1,000,000,000 Issued shares: 64,521,154 and 64,276,130, respectively	1.0M	0	0	0
Treasury stock: 32,627,042 and 31,329,265 shares, respectively	-54.3B	-47.9B	-41.4B	-31.0B
Additional paid-in capital	$8.4B	$7.7B	$7.2B	$6.5B
Retained earnings	$40.7B	$36.5B	$31.8B	$27.5B
Accumulated other comprehensive loss	($290.0M)	($375.0M)	($323.0M)	($267.0M)
Total stockholders' deficit	($5.6B)	($4.0B)	($2.7B)	$2.8B
Total liabilities and stockholders' deficit	$29.3B	$27.7B	$24.3B	$25.4B

Booking Holdings Inc. balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$17.2B	$16.0B	$16.5B	$17.6B
Accounts receivable, net (Allowance for expected credit losses of $141 and $137, respectively)	$4.3B	$3.5B	$4.0B	$4.4B
Prepaid expenses, net	$601.0M	$619.0M	$579.0M	$626.0M
Other current assets	$901.0M	$771.0M	$602.0M	$672.0M
Total current assets	$23.1B	$20.9B	$21.7B	$23.3B
Property and equipment, net	$767.0M	$784.0M	$817.0M	$848.0M
Operating lease assets	$594.0M	$607.0M	$605.0M	$593.0M
Intangible assets, net	$852.0M	$882.0M	$961.0M	$1.3B
Goodwill	$2.7B	$2.7B	$2.7B	$2.9B
Long-term investments	$448.0M	$473.0M	$651.0M	$559.0M
Other assets, net	$1.3B	$1.4B	$1.3B	$1.3B
Total assets	$29.7B	$27.7B	$28.8B	$30.7B
Accounts payable	$5.1B	$4.1B	$4.0B	$4.3B
Accrued expenses and other current liabilities	$3.8B	$4.5B	$5.0B	$4.2B
Deferred merchant bookings	$10.1B	$8.2B	$6.3B	$9.1B
Short-term debt	$2.0B	$3.0B	$999.0M	$999.0M
Total current liabilities	$21.1B	$19.8B	$16.3B	$18.6B
Operating lease liabilities	$514.0M	$530.0M	$533.0M	$517.0M
Other long-term liabilities	$700.0M	$705.0M	$679.0M	$679.0M
Long-term debt	$18.2B	$15.4B	$16.0B	$17.5B
Total liabilities	$40.5B	$36.4B	$33.5B	$37.3B
Common stock, $0.008 par value, Authorized shares: 25,000 Issued shares: 1,618 and 1,613, respectively	13.0M	13.0M	1.0M	1.0M
Treasury stock: 860 and 816 shares, respectively	-62.1B	-58.3B	-52.2B	-51.5B
Additional paid-in capital	$8.6B	$8.5B	$8.2B	$8.0B
Retained earnings	$43.0B	$41.4B	$39.6B	$37.1B
Accumulated other comprehensive loss	($348.0M)	($310.0M)	($301.0M)	($303.0M)
Total stockholders' deficit	($10.8B)	($8.7B)	($4.7B)	($6.7B)
Total liabilities and stockholders' deficit	$29.7B	$27.7B	$28.8B	$30.7B

Cash flow statement

Booking Holdings Inc. cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$5.4B	$5.9B	$4.3B	$3.1B
Depreciation and amortization	$623.0M	$591.0M	$504.0M	$451.0M
Provision for expected credit losses and chargebacks	$416.0M	$412.0M	$330.0M	$232.0M
Deferred income taxes	($516.0M)	$98.0M	($478.0M)	($257.0M)
Net (gains) losses on equity securities	($46.0M)	($63.0M)	$131.0M	$963.0M
Stock-based compensation expense	$617.0M	$599.0M	$530.0M	$404.0M
Operating lease amortization	$145.0M	$160.0M	$161.0M	$156.0M
Unrealized foreign currency transaction losses (gains) related to Euro-denominated debt	$1.4B	($526.0M)	$163.0M	($46.0M)
Impairment	$457.0M	—	—	—
Amortization of debt discount and change in fair value of the conversion option related to the convertible senior notes	$360.0M	—	—	—
Other	($14.0M)	$7.0M	$5.0M	$38.0M
Accounts receivable	($730.0M)	($506.0M)	($1.3B)	($1.2B)
Prepaid expenses and other current assets	$100.0M	($12.0M)	$155.0M	($217.0M)
Deferred merchant bookings and other current liabilities	$796.0M	$1.4B	$2.7B	$3.7B
Other	$369.0M	($476.0M)	$142.0M	($478.0M)
Net cash provided by operating activities	$9.4B	$8.3B	$7.3B	$6.6B
Purchase of investments	$0	($33.0M)	($12.0M)	($768.0M)
Proceeds from sale and maturity of investments	$0	$590.0M	$1.8B	$32.0M
Additions to property and equipment	($322.0M)	($429.0M)	($345.0M)	($368.0M)
Other investing activities	$9.0M	$1.0M	$3.0M	($15.0M)
Net cash (used in) provided by investing activities	($313.0M)	$129.0M	$1.5B	($518.0M)
Proceeds from the issuance of long-term debt	$3.7B	$4.8B	$1.9B	$3.6B
Payments on maturity, redemption, and conversion of debt	($5.0B)	($1.3B)	($500.0M)	($1.9B)
Payments for repurchase of common stock	($6.4B)	($6.5B)	($10.4B)	($6.6B)
Dividends paid	($1.2B)	($1.2B)	—	—
Proceeds from exercise of stock options	$15.0M	$14.0M	$134.0M	—
Other financing activities	$47.0M	($59.0M)	($59.0M)	($17.0M)
Net cash used in financing activities	($8.9B)	($4.2B)	($8.9B)	($4.9B)
Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents	$895.0M	($190.0M)	($37.0M)	($40.0M)
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	$1.1B	$4.1B	($116.0M)	$1.1B
Total cash and cash equivalents and restricted cash and cash equivalents, beginning of period	$16.2B	$12.1B	$12.3B	$11.2B
Total cash and cash equivalents and restricted cash and cash equivalents, end of period	$17.3B	$16.2B	$12.1B	$12.3B

Booking Holdings Inc. cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$3.0B	$1.1B	$4.0B	$1.2B
Depreciation and amortization	$260.0M	$131.0M	$472.0M	$312.0M
Provision for expected credit losses and chargebacks	$217.0M	$110.0M	$323.0M	$206.0M
Deferred income taxes	$72.0M	$54.0M	($483.0M)	($402.0M)
Net losses (gains) on equity securities	$135.0M	$110.0M	—	—
Stock-based compensation expense	$281.0M	$141.0M	$450.0M	$297.0M
Operating lease amortization	$65.0M	$32.0M	$105.0M	$66.0M
Unrealized foreign currency transaction (gains) losses related to Euro-denominated debt	($528.0M)	($333.0M)	$1.4B	$1.4B
Amortization of debt discount and change in fair value of the conversion option related to the convertible senior notes	$0	$0	$360.0M	—
Other	$8.0M	$5.0M	($132.0M)	($67.0M)
Accounts receivable	($795.0M)	$155.0M	($828.0M)	($1.1B)
Deferred merchant bookings and other current liabilities	$4.2B	$1.8B	$1.4B	$3.8B
Other	($21.0M)	($34.0M)	$331.0M	$368.0M
Net cash provided by operating activities	$6.9B	$3.2B	$7.9B	$6.5B
Additions to property and equipment	($183.0M)	($107.0M)	($249.0M)	($185.0M)
Other investing activities	($13.0M)	$0	$7.0M	$6.0M
Net cash used in investing activities	($196.0M)	($107.0M)	($242.0M)	($179.0M)
Proceeds from the issuance of long-term debt	$3.0B	—	$2.0B	$2.0B
Payments on maturity of debt	($1.0B)	$0	($5.0B)	($3.5B)
Payments for repurchase of common stock	($7.8B)	($3.8B)	($4.3B)	($3.7B)
Dividends paid	($664.0M)	($343.0M)	($941.0M)	($631.0M)
Other financing activities	$227.0M	$87.0M	$29.0M	$31.0M
Net cash used in financing activities	($6.2B)	($4.0B)	($8.2B)	($5.8B)
Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents	($279.0M)	($168.0M)	$905.0M	$903.0M
Net increase in cash and cash equivalents and restricted cash and cash equivalents	$239.0M	($1.1B)	$334.0M	$1.4B
Total cash and cash equivalents and restricted cash and cash equivalents, beginning of period	$17.3B	$17.3B	$16.2B	$16.2B
Total cash and cash equivalents and restricted cash and cash equivalents, end of period	$17.5B	$16.2B	$16.5B	$17.6B

Booking Holdings Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.