Booking Holdings (BKNG) Exchange Rate Effect (2009 - 2026)
Booking Holdings (BKNG) reported Exchange Rate Effect of -$168.0 million for Q1 2026, down 175.68% on a YoY basis from $222.0 million in Q1 2025, and down 1580.0% quarter-over-quarter from -$10.0 million in Q4 2025.
Booking Holdings (BKNG) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Booking Holdings has reported Exchange Rate Effect for 18 years, with the latest figure at -$168.0 million in Q1 2026.
- For the quarter ending Q1 2026, Exchange Rate Effect fell 175.68% year-over-year to -$168.0 million; the trailing twelve-month figure through Mar 2026 stood at $505.0 million (up 741.67% YoY), and the FY2025 full-year result was $895.0 million, up 571.05% from the prior year.
- Exchange Rate Effect for Q1 2026 stood at -$168.0 million, down from -$10.0 million in the prior quarter.
- The five-year high for Exchange Rate Effect was $681.0 million in Q2 2025, with the low at -$404.0 million in Q4 2024.
- Historically, Exchange Rate Effect has averaged $27.1 million across 5 years, with a median of -$10.0 million in 2025.
- Annual changes were most pronounced in 2024 — Exchange Rate Effect sank 4950.0% — and 2025, when it soared 2296.77%.
- Booking Holdings' Exchange Rate Effect stood at $43.0 million in 2022, then tumbled by 118.6% to -$8.0 million in 2023, then slumped by 4950.0% to -$404.0 million in 2024, then jumped by 97.52% to -$10.0 million in 2025, then plunged by 1580.0% to -$168.0 million in 2026.
- The last three Exchange Rate Effect figures came in at -$168.0 million (Q1 2026), -$10.0 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -168.00 Mn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | -118.00 Mn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | -1.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | -2.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | -28.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | - |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -6.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 3.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | - |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | -15.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -168.00 Mn |
| Mar 31, 2026 | -168.00 Mn |
| Dec 31, 2025 | -10.00 Mn |
| Dec 31, 2025 | -10.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 681.00 Mn |
| Jun 30, 2025 | 681.00 Mn |
| Mar 31, 2025 | 222.00 Mn |
| Mar 31, 2025 | 222.00 Mn |
| Dec 31, 2024 | -404.00 Mn |
| Dec 31, 2024 | -404.00 Mn |
| Sep 30, 2024 | 273.00 Mn |
| Sep 30, 2024 | 273.00 Mn |
| Jun 30, 2024 | -31.00 Mn |
| Jun 30, 2024 | -31.00 Mn |
| Mar 31, 2024 | -28.00 Mn |
| Mar 31, 2024 | -28.00 Mn |
| Dec 31, 2023 | -8.00 Mn |
| Dec 31, 2023 | -8.00 Mn |