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Booking Holdings (BKNG) Cost of Revenue (2016 - 2025)

Booking Holdings (BKNG) has disclosed Cost of Revenue for 17 consecutive years, with $1.9 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 22.31% year-over-year to $1.9 billion, compared with a TTM value of $8.2 billion through Dec 2025, up 12.48%, and an annual FY2025 reading of $8.2 billion, up 12.48% over the prior year.
  • Cost of Revenue was $1.9 billion for Q4 2025 at Booking Holdings, down from $2.3 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.3 billion in Q3 2025 and bottomed at $461.0 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $1.6 billion, with a median of $1.7 billion recorded in 2022.
  • Peak annual rise in Cost of Revenue hit 368.25% in 2021, while the deepest fall reached 45.83% in 2021.
  • Year by year, Cost of Revenue stood at $974.0 million in 2021, then soared by 34.91% to $1.3 billion in 2022, then rose by 9.06% to $1.4 billion in 2023, then increased by 10.12% to $1.6 billion in 2024, then grew by 22.31% to $1.9 billion in 2025.
  • Business Quant data shows Cost of Revenue for BKNG at $1.9 billion in Q4 2025, $2.3 billion in Q3 2025, and $2.1 billion in Q2 2025.