Booking Holdings (BKNG) Invested Capital (2013 - 2026)
Booking Holdings' (BKNG) quarterly Invested Capital came in at $9.4 billion in Q2 2026, down 26.67% on a YoY basis from $12.8 billion in Q2 2025, and down 3.01% quarter-over-quarter from $9.7 billion in Q1 2026.
Booking Holdings (BKNG) Invested Capital (2013 - 2026) Analysis & Trends
Booking Holdings (BKNG) has reported Invested Capital for 18 consecutive years, with $9.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 26.67% year-over-year to $9.4 billion; the trailing twelve-month figure through Jun 2026 stood at $9.4 billion (down 26.67% YoY), and the FY2025 full-year result was $13.2 billion, down 8.13% from the prior year.
- Invested Capital slipped to $9.4 billion in Q2 2026 per BKNG's latest filing, from $9.7 billion in the prior quarter.
- Across five years, Invested Capital topped out at $16.3 billion in Q1 2024 and bottomed at $9.4 billion in Q2 2026.
- Historically, Invested Capital has averaged $13.3 billion across 5 years, with a median of $13.3 billion in 2023.
- The sharpest annual moves came in 2024 and 2025: Invested Capital climbed 23.56% in 2024, then sank 35.21% in 2025.
- Over 5 years, Invested Capital stood at $15.8 billion in 2022, then slipped by 15.01% to $13.4 billion in 2023, then climbed by 6.88% to $14.3 billion in 2024, then declined by 8.13% to $13.2 billion in 2025, then dropped by 28.58% to $9.4 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $9.4 billion, $9.7 billion, and $13.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn | 738.65 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn | 344.89 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn | 44.46 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn | 187.69 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn | 40.94 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - | 9.40 Bn |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn | - |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn | 6.68 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.40 Bn |
| Mar 31, 2026 | 9.69 Bn |
| Dec 31, 2025 | 13.16 Bn |
| Sep 30, 2025 | 12.26 Bn |
| Jun 30, 2025 | 11.82 Bn |
| Mar 31, 2025 | 9.91 Bn |
| Dec 31, 2024 | 12.58 Bn |
| Sep 30, 2024 | 12.56 Bn |
| Jun 30, 2024 | 12.53 Bn |
| Mar 31, 2024 | 12.85 Bn |
| Dec 31, 2023 | 11.44 Bn |
| Sep 30, 2023 | 13.14 Bn |
| Jun 30, 2023 | 13.39 Bn |
| Mar 31, 2023 | 13.20 Bn |
| Dec 31, 2022 | 15.27 Bn |
| Sep 30, 2022 | 12.85 Bn |
| Jun 30, 2022 | 13.48 Bn |
| Mar 31, 2022 | 14.14 Bn |
| Dec 31, 2021 | 17.10 Bn |
| Sep 30, 2021 | 16.58 Bn |
Booking Holdings Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=BKNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "BKNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=BKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();