Booking Holdings (BKNG) Operating Leases (2019 - 2026)
Booking Holdings' (BKNG) quarterly Operating Leases came in at $530.0 million in Q1 2026, up 11.34% YoY from $476.0 million in Q1 2025, and down 4.85% on a QoQ basis from $557.0 million in Q4 2025.
Booking Holdings (BKNG) Operating Leases (2019 - 2026) Analysis & Trends
Booking Holdings (BKNG) has 8 years of Operating Leases data on file, last reported at $530.0 million in Q1 2026.
- Quarterly Operating Leases rose 11.34% year-over-year to $530.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $530.0 million (up 11.34% YoY) and the FY2025 annual result came in at $557.0 million, down 7.93% from the prior year.
- Operating Leases retreated to $530.0 million in Q1 2026, from $557.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $605.0 million in Q4 2024 to a low of $286.0 million in Q3 2022.
- A 5-year average of $502.3 million and a median of $533.0 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases jumped 91.26% — and 2025, when it slipped 14.39%.
- Tracing BKNG's Operating Leases over 5 years: stood at $552.0 million in 2022, then increased by 8.51% to $599.0 million in 2023, then increased by 1.0% to $605.0 million in 2024, then declined by 7.93% to $557.0 million in 2025, then dropped by 4.85% to $530.0 million in 2026.
- The last three Operating Leases figures came in at $530.0 million (Q1 2026), $557.0 million (Q4 2025), and $533.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 157.71 Bn | 140.49 Bn | 4.98 Bn |
| 2 | Airbnb | 106.33 Bn | 94.26 Bn | 2.98 Bn |
| 3 | Royal Caribbean Cruises | 80.56 Bn | 79.64 Bn | 2.29 Bn |
| 4 | Viking Holdings | 44.48 Bn | 40.68 Bn | 713.43 Mn |
| 5 | Expedia | 38.43 Bn | 31.30 Bn | 3.91 Bn |
| 6 | Carnival | 38.12 Bn | 35.88 Bn | - |
| 7 | Trip.com | 29.11 Bn | 17.41 Bn | 1.86 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.34 Bn | 8.13 Bn | 1.05 Bn |
| 9 | MakeMyTrip | 5.82 Bn | 5.04 Bn | 212.91 Mn |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 514.00 Mn |
| Mar 31, 2026 | 530.00 Mn |
| Dec 31, 2025 | 557.00 Mn |
| Sep 30, 2025 | 533.00 Mn |
| Jun 30, 2025 | 517.00 Mn |
| Mar 31, 2025 | 476.00 Mn |
| Dec 31, 2024 | 605.00 Mn |
| Sep 30, 2024 | 508.00 Mn |
| Jun 30, 2024 | 529.00 Mn |
| Mar 31, 2024 | 556.00 Mn |
| Dec 31, 2023 | 599.00 Mn |
| Sep 30, 2023 | 547.00 Mn |
| Jun 30, 2023 | 533.00 Mn |
| Mar 31, 2023 | 539.00 Mn |
| Dec 31, 2022 | 552.00 Mn |
| Sep 30, 2022 | 286.00 Mn |
| Jun 30, 2022 | 323.00 Mn |
| Mar 31, 2022 | 349.00 Mn |
| Dec 31, 2021 | 494.00 Mn |
| Sep 30, 2021 | 295.00 Mn |