Booking Holdings BKNG
NASDAQ BKNG
$193.29 -1.84 (-0.94%)
At close: Sep 4, 2026 · 4:00 PM EDT

Booking Holdings (BKNG) EBITDA Margin (2009 - 2026)

Booking Holdings' (BKNG) quarterly EBITDA Margin came in at 34.0% in Q2 2026, up 91.0% on a YoY basis from 17.8% in Q2 2025, and up 48.0% quarter-over-quarter from 22.98% in Q1 2026.

Analysis

Booking Holdings (BKNG) EBITDA Margin (2009 - 2026) Analysis & Trends

Booking Holdings (BKNG) has reported EBITDA Margin for 18 consecutive years, with 34.0% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA Margin rose 91.0% year-over-year to 34.0%; the trailing twelve-month figure through Jun 2026 stood at 32.87% (up 3.0% YoY), and the FY2025 full-year result was 32.79%, up 96.0% from the prior year.
  • EBITDA Margin grew to 34.0% in Q2 2026 per BKNG's latest filing, from 22.98% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 42.68% in Q3 2022 and bottomed at 6.46% in Q1 2022.
  • Historically, EBITDA Margin has averaged 28.18% across 5 years, with a median of 31.64% in 2024.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin jumped 3371 bps in 2022, then slumped 2049 bps in 2023.
  • Over 5 years, EBITDA Margin stood at 33.22% in 2022, then tumbled by 62 bps to 12.73% in 2023, then soared by 148 bps to 31.6% in 2024, then climbed by 1 bps to 31.97% in 2025, then advanced by 6 bps to 34.0% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 34.0%, 22.98%, and 31.97% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Alibaba Group Holding 262.96 Bn 227.70 Bn 15.11 Bn 14.55%
2 Booking Holdings 145.23 Bn 128.02 Bn 4.98 Bn 34.00%
3 PDD Holdings 117.02 Bn 86.74 Bn 9.45 Bn 24.62%
4 Airbnb 107.34 Bn 95.28 Bn 2.98 Bn 21.01%
5 Mercadolibre 100.30 Bn 85.10 Bn 4.16 Bn 6.72%
6 Ebay 46.02 Bn 42.71 Bn 2.30 Bn 21.57%
7 Expedia 34.12 Bn 26.99 Bn 3.91 Bn 23.57%
8 Maplebear 11.90 Bn 11.05 Bn 751.00 Mn 13.71%
9 Full Truck Alliance 8.08 Bn 7.12 Bn - -
10 Etsy 7.07 Bn 5.94 Bn 484.05 Mn 18.74%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 34.00%
Mar 31, 2026 22.98%
Dec 31, 2025 31.97%
Sep 30, 2025 38.67%
Jun 30, 2025 33.10%
Mar 31, 2025 22.30%
Dec 31, 2024 31.60%
Sep 30, 2024 39.77%
Jun 30, 2024 31.68%
Mar 31, 2024 17.92%
Dec 31, 2023 12.73%
Sep 30, 2023 42.27%
Jun 30, 2023 30.63%
Mar 31, 2023 11.91%
Dec 31, 2022 33.22%
Sep 30, 2022 42.68%
Jun 30, 2022 23.29%
Mar 31, 2022 6.46%
Dec 31, 2021 28.45%
Sep 30, 2021 43.09%