Booking Holdings (BKNG) Q3 2025 10-Q Quarterly Report

Filed: Oct 28, 2025Period ending Sep 30, 2025
Industrials
Transportation ServicesSEC EDGAR

Booking Holdings (BKNG) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 28, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Booking Holdings Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $9.01B Q3 2025, up 12.7% YoY vs $7.99B Q3 2024; nine-month revenue $20.57B, up 12.6% YoY
  • Operating expenses: marketing 26.0% of revenue Q3 2025 vs 26.9% YoY; sales & other expenses 11.4% Q3 2025 vs 10.9% YoY
+3 more insights

Risk Factors

  • No material changes to risk factors from 2024 10-K
  • Carried-forward risk: exposure to global travel market volatility affecting booking volumes and revenue
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Booking Holdings Q3 2025 Quarterly Financials
XBRL

Revenue

$9.0B

+12.7% YoY +32.5% QoQ

Net Income

$2.7B

+9.2% YoY +207.0% QoQ

Operating Margin

38.7%

-110bp YoY +557bp QoQ

Net Margin

30.5%

-98bp YoY +1734bp QoQ

ROE

-58.0%

Total Assets

$28.8B

EPS (Diluted)

$84.01

+13.8% YoY +207.6% QoQ

Operating Cash Flow

$1.4B

-39.5% YoY -55.2% QoQ

Source: XBRL data from Booking Holdings Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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