Filing Flows › Booking Holdings (BKNG) › Q2 2026
Booking Holdings (BKNG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Booking Holdings (BKNG) reported revenue of $7.4B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +33% from the quarter before. Operating margin was 34.0%, net earnings $1.9B (26.5% of revenue).
Booking Holdings, Q2 2026: revenue $7.4B (+8% year over year), operating margin 34.0%, net earnings $1.9B, operating cash flow $3.7B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.4B | +33% | +8% |
| Operating profit | $2.5B | +97% | +11% |
| Net earnings | $1.9B | +80% | +118% |
| Operating cash flow | $3.7B | +16% | +16% |
| Free cash flow | $3.6B | +17% | +16% |
What changed
Revenue was $7.4B in Q2 2026, up 8% year over year and up 33% from the previous quarter. Merchant revenues was the largest line at 70% of revenue. Merchant revenues added $0.67B year over year (up 15%), 121% of the total change. Agency revenues declined 7%.
Operating profit was $2.5B, a 34.0% margin (up 0.9 points year over year). Of the extra revenue versus Q2 2025, 45% reached operating profit, above the 33% margin then. Total costs grew 7% against revenue growth of 8%. Net earnings were $1.9B, up 118% year over year. The effective tax rate was 23.8%.
Operating cash flow was $3.7B (up 16% year over year), 191% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.14B of share-based compensation. Working capital and other items added $1.5B. Capital expenditures of $0.08B left free cash flow of $3.6B.
Questions
What was Booking Holdings' revenue in the second quarter 2026?
Booking Holdings (BKNG) reported revenue of $7.4B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +33% from the quarter before.
Was Booking Holdings profitable in the second quarter 2026?
Operating profit was $2.5B (34.0% of revenue) and net earnings $1.9B.
Source: Booking Holdings 10-Q on SEC EDGAR.