Booking Holdings (BKNG) Operating Leases (2019 - 2026)
Booking Holdings (BKNG) posted Operating Leases of $530.0 million for Q1 2026, down 4.85% on a QoQ basis from $557.0 million in Q4 2025, and up 11.34% year-over-year from $476.0 million in Q1 2025.
Booking Holdings (BKNG) Operating Leases (2019 - 2026) Analysis & Trends
Booking Holdings' Operating Leases history runs 8 years deep, the most recent figure standing at $530.0 million for 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 was $530.0 million for Q1 2026 at Booking Holdings, down from $557.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $605.0 million in Q4 2024 and bottomed at $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 fell 14.39%.
- Booking Holdings' Operating Leases stood at $552.0 million in 2022, then gained by 8.51% to $599.0 million in 2023, then gained by 1.0% to $605.0 million in 2024, then retreated by 7.93% to $557.0 million in 2025, then fell by 4.85% to $530.0 million in 2026.
- Business Quant data shows BKNG's Operating Leases at $530.0 million in Q1 2026, $557.0 million in Q4 2025, and $533.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 314.00 Mn |