Booking Holdings (BKNG) Net Margin (2009 - 2026)
Booking Holdings (BKNG) reported Net Margin of 30.55% for Q3 2026, up 0.05 percentage points from 30.51% a year earlier and up 4.03 percentage points from the prior quarter.
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Analysis
Booking Holdings (BKNG) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Booking Holdings' Net Margin came in at 25.52%, up 6.15 percentage points year-over-year; for FY2025, it was 20.08%, down 4.70 percentage points from FY2024.
- Net Margin has a five-year change of +19.21 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 24.78% in FY2024 (+4.70 pp), 20.07% in FY2023 (+2.18 pp), 17.89% in FY2022 (+7.26 pp) and 10.63% in FY2021 (+9.76 pp).
- The Q3 2026 figure ranks as the highest quarterly Net Margin since Q3 2024.
- Year over year, Net Margin has now increased in each of the last four quarters, with an average year-over-year change of +2.44 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2021 (a gain of 34.06 percentage points); the low point was Q4 2023 (a drop of 25.86 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 26.52% (Q2 2026), 19.58% (Q1 2026) and 22.49% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 20.51% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 15.26% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 28.46% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 3.92% |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 12.35% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 3.47% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 65.86% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 10.42% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 30.55% |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | 25.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.55% |
| Jun 30, 2026 | 26.52% |
| Mar 31, 2026 | 19.58% |
| Dec 31, 2025 | 22.49% |
| Sep 30, 2025 | 30.51% |
| Jun 30, 2025 | 13.17% |
| Mar 31, 2025 | 6.99% |
| Dec 31, 2024 | 19.52% |
| Sep 30, 2024 | 31.49% |
| Jun 30, 2024 | 25.96% |
| Mar 31, 2024 | 17.58% |
| Dec 31, 2023 | 4.64% |
| Sep 30, 2023 | 34.21% |
| Jun 30, 2023 | 23.62% |
| Mar 31, 2023 | 7.04% |
| Dec 31, 2022 | 30.50% |
| Sep 30, 2022 | 27.53% |
| Jun 30, 2022 | 19.96% |
| Mar 31, 2022 | -25.97% |
| Dec 31, 2021 | 20.73% |
API Access
Booking Holdings Net Margin 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=net-margin&ticker=BKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=BKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();