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

Booking Holdings (BKNG) has reported Gross Margin for 18 consecutive years, with 67.75% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin fell 78.0% year-over-year to 67.75%; the trailing twelve-month figure through Jun 2026 stood at 69.16% (down 29.0% YoY), and the FY2025 full-year result was 69.59%, up 25.0% from the prior year.
• Gross Margin improved to 67.75% in Q2 2026 per BKNG's latest filing, from 62.62% in the prior quarter.
• Across five years, Gross Margin topped out at 74.02% in Q3 2025 and bottomed at 57.44% in Q1 2022.
• Historically, Gross Margin has averaged 66.9% across 5 years, with a median of 67.65% in 2022.
• The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 216 bps in 2022, then jumped 748 bps in 2023.
• Over 5 years, Gross Margin stood at 67.55% in 2022, then rose by 4 bps to 70.05% in 2023, then climbed by 2 bps to 71.16% in 2024, then dropped by 2 bps to 69.6% in 2025, then decreased by 3 bps to 67.75% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 67.75%, 62.62%, and 69.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.