Filing Flows › Booking Holdings (BKNG) › Q3 2026 › vs Q3 2025
Booking Holdings (BKNG) Q3 2026 vs Q3 2025 (year over year)
Booking Holdings's revenue fell $115M (-1%) from $9.0B in Q3 2025 to $8.9B in Q3 2026. Operating margin 38.4% against 38.7% (-0.2 pts).
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 draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 38.4% | 38.7% | -0.2 pts |
| Net margin | 30.6% | 30.5% | +0.0 pts |
| Free cash flow margin | 12.0% | 15.2% | -3.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $8.9B | $9.0B | −$115M | -1% |
| Operating profit | $3.4B | $3.5B | −$65.0M | -2% |
| Costs & expenses | $5.5B | $5.5B | −$50.0M | -0.9% |
| Pre-tax earnings | $3.4B | $3.5B | −$46.0M | -1% |
| General & admin | $338M | $254M | $84.0M | +33% |
| Other operating costs | $5.1B | $5.3B | −$134M | -3% |
| Net earnings | $2.7B | $2.7B | −$31.0M | -1% |
| Income tax | $706M | $721M | −$15.0M | -2% |
| Depreciation & amortization | $183M | $160M | $23.0M | +14% |
| Share-based compensation | $146M | $153M | −$7.0M | -5% |
| Working capital & other | $1.9B | $1.6B | $283M | +17% |
| Operating cash flow | $1.1B | $1.4B | −$298M | -21% |
| Free cash flow (OCF − capex) | $1.1B | $1.4B | −$302M | -22% |
| Capital expenditures | $68.0M | $64.0M | $4.0M | +6% |
Questions
How much did Booking Holdings's revenue grow year over year in Q3 2026?
Booking Holdings's revenue fell $115M (-1%) from $9.0B in Q3 2025 to $8.9B in Q3 2026. Operating margin 38.4% against 38.7% (-0.2 pts).