Booking Holdings (BKNG) Research & Development (2009 - 2026)
Booking Holdings (BKNG) reported Research & Development of $240.0 million for Q1 2026, up 20.0% on a YoY basis from $200.0 million in Q1 2025, and down 2.83% quarter-over-quarter from $247.0 million in Q4 2025.
Booking Holdings (BKNG) Research & Development (2009 - 2026) Analysis & Trends
Booking Holdings has reported Research & Development for 18 years, with the latest figure at $240.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 20.0% year-over-year to $240.0 million; the trailing twelve-month figure through Mar 2026 stood at $948.0 million (up 20.92% YoY), and the FY2025 full-year result was $908.0 million, up 17.77% from the prior year.
- Research & Development for Q1 2026 stood at $240.0 million, down from $247.0 million in the prior quarter.
- The five-year high for Research & Development was $247.0 million in Q4 2025, with the low at $126.0 million in Q4 2022.
- Historically, Research & Development has averaged $182.4 million across 5 years, with a median of $187.0 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development soared 54.02% — and 2023, when it advanced 2.24%.
- Booking Holdings' Research & Development stood at $126.0 million in 2022, then jumped by 48.41% to $187.0 million in 2023, then climbed by 10.7% to $207.0 million in 2024, then increased by 19.32% to $247.0 million in 2025, then declined by 2.83% to $240.0 million in 2026.
- The last three Research & Development figures came in at $240.0 million (Q1 2026), $247.0 million (Q4 2025), and $242.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 240.00 Mn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 638.00 Mn |
| 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 | 324.00 Mn |
| 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 | 159.00 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 | -576.00 Mn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 240.00 Mn |
| Dec 31, 2025 | 247.00 Mn |
| Sep 30, 2025 | 242.00 Mn |
| Jun 30, 2025 | 219.00 Mn |
| Mar 31, 2025 | 200.00 Mn |
| Dec 31, 2024 | 207.00 Mn |
| Sep 30, 2024 | 194.00 Mn |
| Jun 30, 2024 | 183.00 Mn |
| Mar 31, 2024 | 187.00 Mn |
| Dec 31, 2023 | 187.00 Mn |
| Sep 30, 2023 | 187.00 Mn |
| Jun 30, 2023 | 144.00 Mn |
| Mar 31, 2023 | 137.00 Mn |
| Dec 31, 2022 | 126.00 Mn |
| Sep 30, 2022 | 129.00 Mn |
| Jun 30, 2022 | 137.00 Mn |
| Mar 31, 2022 | 134.00 Mn |
| Dec 31, 2021 | 123.00 Mn |
| Sep 30, 2021 | 109.00 Mn |
| Jun 30, 2021 | 93.00 Mn |