Booking Holdings Inc.
NASDAQ:BKNG · NASDAQ Global Select
+$1.10 today
Vol 18.35M · Avg 7.59M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:BKNG · Revenue to Net Income
Key Ratios
Analysis
$27.7B of revenue converted into $6.2B of net income for the selected period. Gross margin is 100.0% and net margin is 21.4%, showing how much revenue survives after costs and taxes. EPS is $7.58, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.9B +13.4% | $23.7B +11.1% | $21.4B +25.0% | $17.1B +56.0% | $11.0B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $725.6M | $804.0M | $882.4M |
| Gross Profit | $26.9B +13.4% | $23.7B +11.1% | $21.4B +25.0% | $17.1B +56.0% | $11.0B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 100.0% +0.0pp | 100.0% +0.0pp | 100.0% +0.0pp | 100.0% +0.0pp | 100.0% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $15.9B +7.5% | $14.8B +2.9% | $14.4B +28.2% | $11.2B +47.2% | $7.6B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $17.6B +9.0% | $16.2B +4.2% | $15.5B +29.5% | $12.0B +41.7% | $8.5B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $768.0M +2.3% | $751.0M +12.9% | $665.0M +9.6% | $607.0M +1.3% | $599.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $9.2B -1.3% | $9.3B +32.6% | $7.0B +43.1% | $4.9B +105.2% | $2.4B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 34.2% -5.1pp | 39.3% +6.4pp | 33.0% +4.2pp | 28.8% +6.9pp | 21.9% | 5.6% | 46.3% | 42.0% |
| Operating Income | $9.3B +22.9% | $7.6B +29.5% | $5.8B +14.4% | $5.1B +104.4% | $2.5B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 34.5% +2.7pp | 31.8% +4.5pp | 27.3% -2.5pp | 29.9% +7.1pp | 22.8% | 16.6% | 24.1% | 22.0% |
| Interest Income | $921.0M -17.3% | $1.1B +9.2% | $1.0B +365.8% | $219.0M +1268.8% | $16.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $1.6B +24.9% | $1.3B +44.4% | $897.0M +129.4% | $391.0M +17.1% | $334.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$2.5B -831.6% | -$263.0M +25.7% | -$354.0M +70.0% | -$1.2B -14.4% | -$1.0B | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $6.8B -6.3% | $7.3B +33.0% | $5.5B +39.7% | $3.9B +167.8% | $1.5B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 25.4% -5.3pp | 30.7% +5.1pp | 25.7% +2.7pp | 23.0% +9.6pp | 13.4% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $1.4B +1.3% | $1.4B +18.3% | $1.2B +37.8% | $865.0M +188.3% | $300.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $5.4B -8.1% | $5.9B +37.1% | $4.3B +40.3% | $3.1B +162.5% | $1.2B | $4.9B | $4.8B | $4.7B |
| Net Margin | 20.1% -4.7pp | 24.8% +4.7pp | 20.1% +2.2pp | 17.9% +7.3pp | 10.6% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $7 -4.8% | $7 +47.4% | $5 +54.7% | $3 +170.2% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $7 -4.2% | $7 +47.1% | $5 +53.8% | $3 +171.0% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $811.3M -3.5% | $840.5M -7.0% | $903.5M -9.4% | $996.8M -2.9% | $1.0B | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $816.0M -4.2% | $851.6M -6.8% | $913.3M -8.8% | $1.0B -3.2% | $1.0B | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

McDonald's Corporation
NYSE:MCD
$197.61B

The TJX Companies, Inc.
NYSE:TJX
$181.07B

Lowe's Companies, Inc.
NYSE:LOW
$124.01B

PDD Holdings Inc.
NASDAQ:PDD
$112.49B

Airbnb, Inc.
NASDAQ:ABNB
$84.73B

Royal Caribbean Cruises Ltd.
NYSE:RCL
$84.33B

MercadoLibre, Inc.
NASDAQ:MELI
$82.58B

Viking Holdings Ltd
NYSE:VIK
$43.49B

Trip.com Group Limited
NASDAQ:TCOM
$28.44B

Expedia Group, Inc.
NASDAQ:EXPE
$27.68B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does BKNG generate?
Booking Holdings Inc. (BKNG) reported $26.92B of revenue in fiscal 2025.
Is BKNG profitable?
Booking Holdings Inc. (BKNG) reported $5.40B of net income, with a net margin of 20.1%.
Explore More
Continue the stock analysis
Jump to another research area for this company.