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
DateValue
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