Booking Holdings (BKNG) Operating Leases (2019 - 2026)

Booking Holdings (BKNG) reported Operating Leases of $530.0 million for Q1 2026, up 11.34% on a YoY basis from $476.0 million in Q1 2025, and down 4.85% quarter-over-quarter from $557.0 million in Q4 2025.

Booking Holdings (BKNG) Operating Leases (2019 - 2026) Analysis & Trends

Booking Holdings has reported Operating Leases for 8 years, with the latest figure at $530.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 11.34% year-over-year to $530.0 million; the trailing twelve-month figure through Mar 2026 stood at $530.0 million (up 11.34% YoY), and the FY2025 full-year result was $557.0 million, down 7.93% from the prior year.
  • Operating Leases for Q1 2026 stood at $530.0 million, down from $557.0 million in the prior quarter.
  • The five-year high for Operating Leases was $751.0 million in Q4 2023, with the low at $286.0 million in Q3 2022.
  • Historically, Operating Leases has averaged $511.2 million across 5 years, with a median of $533.0 million in 2023.
  • Annual changes were most pronounced in 2023 — Operating Leases jumped 91.26% — and 2024, when it declined 19.44%.
  • Booking Holdings' Operating Leases stood at $552.0 million in 2022, then soared by 36.05% to $751.0 million in 2023, then dropped by 19.44% 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 131.01 Bn 114.99 Bn 3.46 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn
4 Carnival 37.80 Bn 36.39 Bn -
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn
10 MakeMyTrip 2.12 Bn 1.35 Bn -

Historic Data

Download Data
DateValue
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 751.00 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 351.00 Mn
Sep 30, 2021 295.00 Mn
Jun 30, 2021 314.00 Mn