Booking Holdings Inc. Common Stock: Mixed — EPS $4.66, Revenue $8.89B
BKNGBooking Holdings Inc. Common Stock•Q3 2026•Nov 03, 2026, 4:18 PM EST
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Mixed ResultQ3 2026 · After-market
Did Booking Holdings Inc. Common Stock (BKNG) beat earnings today?
It was a mixed report for Q3 2026 — Booking Holdings Inc. Common Stock (BKNG) beat on EPS but missed on revenue.
Earnings Per Share+3.56% surprise
$4.66Actual
Expected: $4.50
vs. year ago +17.0%
Total Revenue-6.78% surprise
$8.89BActual
Expected: $9.54B
vs. year ago -1.0%
Released Nov 03 · 4:18 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $8.89B | $9.01B | -1.0 |
| Revenue detail — reported lines | |||
| └─Merchant revenues | $7.00B | $6.13B | +14.1 |
| └─Agency revenues | $2.46B | $2.57B | -4.1 |
| └─Advertising and other revenues | $332.00M | $308.00M | +7.8 |
| └─FTC matter | ($900.00M) | - | - |
| Net income | $2.72B | $2.75B | -1.0 |
| GAAP Basic EPS | $3.62 | $3.39 | +6.8 |
| GAAP Diluted EPS | $3.61 | $3.38 | +7.0 |
| Adjusted EPS | $4.66 | $3.98 | +17.0 |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | FY 2026 Outlook | |
|---|---|---|---|
| Guidance | Guidance | Expected | |
| Room Nights Growth | 1%-3% | — | — |
| Gross Bookings Growth | 2%-4% | High Single Digits | — |
| Constant Currency Gross Bookings Growth | 4%-6% | High Single Digits | — |
| Adjusted Revenue Growth | 0%-2% | High Single Digits | — |
| Constant Currency Adjusted Revenue Growth | 2%-4% | High Single Digits | — |
| Adjusted EBITDA Growth | About Flat | High Single Digits | — |
| Adjusted EPS Growth | — | Low to Mid-Teens | $10.46 |
Q4 2026 Outlook
- Room Nights Growth
- Guidance1%-3%
- Gross Bookings Growth
- Guidance2%-4%
- Constant Currency Gross Bookings Growth
- Guidance4%-6%
- Adjusted Revenue Growth
- Guidance0%-2%
- Constant Currency Adjusted Revenue Growth
- Guidance2%-4%
- Adjusted EBITDA Growth
- GuidanceAbout Flat
- Adjusted EPS Growth
- Guidance—
FY 2026 Outlook
- Room Nights Growth
- Guidance—Expected—
- Gross Bookings Growth
- GuidanceHigh Single DigitsExpected—
- Constant Currency Gross Bookings Growth
- GuidanceHigh Single DigitsExpected—
- Adjusted Revenue Growth
- GuidanceHigh Single DigitsExpected—
- Constant Currency Adjusted Revenue Growth
- GuidanceHigh Single DigitsExpected—
- Adjusted EBITDA Growth
- GuidanceHigh Single DigitsExpected—
- Adjusted EPS Growth
- GuidanceLow to Mid-TeensExpected$10.46
Business Highlights
- ➤Continued integrating AI across brands and developing AI-native travel experiences.
- ➤Collaborated with industry-leading AI platforms to support travel discovery, planning and booking.
- ➤Board declared a $0.42 per-share cash dividend payable December 31, 2026.
- ➤Repurchased $2.1B of common stock during the quarter.
- ➤Had $12.4B remaining under its stock repurchase authorization at September 30, 2026.
- ➤Recorded an FTC matter reduction in revenue and accrued loss.
- ➤Alternative-accommodation room nights at Booking.com increased.
- ➤Transformation Program targets improved operating efficiency, agility and reinvestment capacity.
- ➤Platforms support consumers and partners in over 220 countries and territories.
- ➤Booking.com, Priceline, Agoda, KAYAK and OpenTable use AI and machine learning technologies.
Management Commentary
Glenn Fogel, Chief Executive Officer of Booking Holdings
“We are pleased with our third-quarter operating performance, as resilient travel demand and disciplined execution by our teams drove double-digit gross bookings growth, margin expansion, and 17% adjusted earnings per share growth (GAAP earnings per share growth of 7%). As AI transforms the ways to discover, plan, and book travel, we continue to make progress integrating AI across our brands, developing AI-native experiences, and collaborating with industry-leading AI platforms. While geopolitical and macroeconomic uncertainty may affect near-term travel trends, we remain focused on making travel easier, helping our partners succeed, and investing in our business for the long term.”