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Booking Holdings (BKNG) Operating Expenses (2016 - 2025)

Booking Holdings (BKNG) has disclosed Operating Expenses for 17 consecutive years, with $4.3 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 1067.3% year-over-year to $4.3 billion, compared with a TTM value of $18.1 billion through Dec 2025, up 41.21%, and an annual FY2025 reading of $18.1 billion, up 901.22% over the prior year.
  • Operating Expenses was $4.3 billion for Q4 2025 at Booking Holdings, down from $5.5 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $5.5 billion in Q3 2025 and bottomed at $370.0 million in Q4 2024.
  • Average Operating Expenses over 5 years is $3.3 billion, with a median of $3.5 billion recorded in 2022.
  • The sharpest move saw Operating Expenses plummeted 91.14% in 2024, then surged 1067.3% in 2025.
  • Year by year, Operating Expenses stood at $2.1 billion in 2021, then rose by 26.77% to $2.7 billion in 2022, then soared by 54.4% to $4.2 billion in 2023, then tumbled by 91.14% to $370.0 million in 2024, then soared by 1067.3% to $4.3 billion in 2025.
  • Business Quant data shows Operating Expenses for BKNG at $4.3 billion in Q4 2025, $5.5 billion in Q3 2025, and $4.5 billion in Q2 2025.