Filing Flows › Booking Holdings (BKNG) › Operating margin
Booking Holdings (BKNG) operating margin by quarter
Booking Holdings' operating margin was 38.4% in Q3 2026 (third quarter 2026), +4.4 pts from Q2 2026. Over the last 7 quarters it ranged from 22.3% (Q1 2025) to 38.7% (Q3 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 38.4% | +4.4 pts | -0.2 pts |
| Q2 2026 | 34.0% | +11.0 pts | +0.9 pts |
| Q1 2026 | 23.0% | -9.0 pts | +0.7 pts |
| Q4 2025 | 32.0% | -6.7 pts | — |
| Q3 2025 | 38.7% | +5.6 pts | — |
| Q2 2025 | 33.1% | +10.8 pts | — |
| Q1 2025 | 22.3% | — | — |
Q3 2026 at a glance
Booking Holdings, Q3 2026: revenue $8.9B (-1% year over year), operating margin 38.4%, net earnings $2.7B, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
Questions
What is Booking Holdings' operating margin?
Booking Holdings' operating margin was 38.4% in Q3 2026 (third quarter 2026), +4.4 pts from Q2 2026.
How has Booking Holdings' operating margin changed?
Over the last 7 quarters it ranged from 22.3% (Q1 2025) to 38.7% (Q3 2025).