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
DateValue
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