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

Booking Holdings' EBITDA Margin history runs 18 years deep, the most recent figure standing at 22.98% for Q1 2026.

• Quarterly EBITDA Margin rose 67.0% year-over-year to 22.98% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 32.63% (up 14.0% YoY) and the FY2025 annual result came in at 32.79%, up 96.0% from the prior year.
• EBITDA Margin was 22.98% for Q1 2026 at Booking Holdings, down from 31.97% 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.
• A 5-year average of 27.83% and a median of 31.6% in 2024 frame the typical range for EBITDA Margin.
• Annual changes were most pronounced in 2022 — EBITDA Margin soared 3371 bps — and 2023, when it plunged 2049 bps.
• Booking Holdings' 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 decreased by 28 bps to 22.98% in 2026.
• Business Quant data shows BKNG's EBITDA Margin at 22.98% in Q1 2026, 31.97% in Q4 2025, and 38.67% in Q3 2025.