Revenue segments as reported by the company.

Agency

Merchant

Advertising & Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Performance Marketing

Sales & Other

Personnel

Restructuring and other exit costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Booking Hlds

Kayak.com is a fare aggregator and travel metasearch engine. Its products are available in 18 languages. The company also runs travel search engines checkfelix and swoodoo. Formerly a separate company, the KAYAK Software Corporation was acquired by Booking Holdings on May 21, 2013.

Kayak.com

OpenTable is an online restaurant-reservation service company and is based in San Francisco, California. According to the company, it provides online reservations for about 40,000 restaurants around the world and seats about 23 million diners per month and operates in the United States, Australia, Canada, France, Germany, Japan, Mexico, and the United Kingdom.

OpenTable

Booking Holdings, Inc. engages in the provision of online travel and related solutions. The company offers services through the following brands: Booking.com, KAYAK, Priceline, Agoda, Rentalcars.com, and OpenTable. It provides accommodation reservations including hotels, hostels, apartments, vacation rentals, and other properties. The company was founded by Jay Scott Walker on July 18, 1997, and is headquartered in Norwalk, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Booking Holdings excels in Q4, eyes U.S. and China growth

Booking Holdings reported strong financial performance in Q4 2022, with record room nights and gross bookings for the full year.
The company demonstrated progress in expanding its business and enhancing market positions, with a focus on the U.S. and China.
While facing challenges such as top-line volatility and tough comps, Booking Holdings remains optimistic about growth opportunities globally.
Investments in marketing and merchandising are set to continue in 2023 to capitalize on market recovery and drive potential share gains.

Booking Holdings achieves record Q1 performance amidst growth strategies

Booking Holdings delivered exceptional Q1 performance with record room nights and gross bookings, driven by strong demand and strategic investments.
The company's focus on Connected Trip vision, AI technology, and sustainability efforts positions it well for future growth and customer engagement.
While facing challenges such as regulatory implications and cost management, Booking Holdings has opportunities to leverage AI, drive revenue growth, and expand market presence.
Overall, Booking Holdings' Q1 results reflect a resilient business model, strong financial health, and strategic initiatives to capitalize on market opportunities.

Booking Holdings excels in Q2 with record bookings and AI advancements

Booking Holdings' Q2 performance showcased strong financial growth driven by leisure travel demand and AI technology integration.
While facing uncertainties in AI's financial impact and evolving travel patterns, the company focuses on improving margins and sustaining growth.
Opportunities lie in expanding AI integration, enhancing customer experiences, and optimizing marketing strategies for increased profitability.
Challenges include adapting to new technologies, predicting travel trends, and balancing growth with competitive pressures and changing work patterns.

Booking Holdings reports robust Q3 performance amid strategic challenges

Booking Holdings delivered strong Q3 results amidst challenges, showcasing resilience and strategic focus on growth initiatives and market opportunities.
The company's performance in room night growth, revenue, and alternative accommodations highlights its adaptability and commitment to meeting evolving consumer demands.
While facing short-term challenges, Booking.com's emphasis on agility, AI integration, and customer value creation positions it well for long-term success and sustained growth.
Glenn Fogel and David Goulden's insights underscore Booking.com's proactive stance in navigating market dynamics, leveraging strengths, and addressing challenges to drive performance.

Booking Holdings posts solid Q4 results, eyes accelerated 2024 growth

Booking Holdings reported strong Q4 2023 results and aims for accelerated growth in 2024 across key metrics. The company focuses on leveraging AI technology, enhancing customer experience, and expanding alternative accommodations.
Despite challenges in the Middle East and a competitive bidding environment, Booking Holdings remains committed to driving growth through strategic investments in the U.S. and smart merchandising decisions. The company's performance in Q1 2024 is projected to show continued growth and margin expansion.

Booking Holdings excels in Q1 2024, eyes AI and alternative stays

Booking Holdings' Q1 performance was robust, driven by strategic initiatives and strong financials. While facing challenges in room night growth for Q2, the company is well-positioned to capitalize on opportunities in AI, direct bookings, and alternative accommodations.

Booking Holdings surpasses Q2 expectations, eyes growth opportunities ahead

Booking Holdings delivered strong Q2 results, exceeding expectations in key metrics and demonstrating resilience amidst evolving travel market dynamics.
While facing challenges in room night growth and regional performance, the company's focus on initiatives and marketing efforts has positioned it well for future growth.
Opportunities in AI, alternative accommodations, and loyalty programs present avenues for sustained growth, supported by a solid performance in Asia and the U.S.

Booking Holdings reports robust Q3 performance, eyes Asia expansion

Booking Holdings delivered a strong Q3 performance with revenue and EBITDA growth exceeding expectations.
Strategic initiatives like AI integration and focus on Asia's growth potential are driving progress.
Challenges in cost management and fixed expenses growth require careful monitoring for sustained profitability.
Opportunities in AI technology, social media marketing, and market expansion present avenues for future growth.

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Expedia

The vacation rental industry has stepped up efforts to influence U.S. lawmakers to keep more cities from enacting restrictions on short-term rentals in response to concerns about housing availability and quality of life.

Expedia's VRBO and others are spending millions on lobbying efforts in these states

Booking Holdings Inc. (BKNG, Financial) is arguably the world's most extensive online travel company. It has robust momentum from high fundamentals following the pandemic that is expected to continue steadily throughout the next two years.

Booking Holdings a Buy Amid Strong Results, Good Value and High Growth

BKNG is a long-term growth idea due to a secular trend in travel prioritizing experiences over material possessions, especially among Gen Z and Millennials. In an online travel market growing at 6% annually over the long term, BKNG is demonstrating long-term growth rates of around 10% and more across all metrics. BKNG is valued at a 22 TTM P/E and a 2027 Forward P/E of 12. This attractive valuation adequately accounts for competitive, geopolitical, and regulatory risks, among others.

Booking Holdings: Betting On The Leader Of A Secular Trend

Marriott

Viking Holdings Ltd

In early June, Morgan Stanley (NYSE: MS ) published a report on travel industry trends. The results confirm what many investors believe when it comes to the best travel stocks.

The 3 Best Travel Stocks to Buy in August 2024

Sabre

The new relationship will focus on driving innovation and delivering superior content to travelers SOUTHLAKE, Texas , Aug. 8, 2024 /PRNewswire/ -- Sabre Corporation  (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, and Priceline, a leading online travel agency (OTA), today announced a new expanded, multi-year agreement to deliver joint growth in travel retailing. Under the new agreement, Priceline will adopt Sabre Direct Pay to support its travel payments needs, delivering a more secure, automated, and integrated payment process.

Leading online travel company Priceline and Sabre sign expanded, multi-year distribution agreement

Shares of Booking have corrected nearly 20% after reporting Q2 results, echoed as well by Airbnb's weak Q2 earnings print. In my view, the selloff is overdone. Upgrading Booking back up to a neutral rating. Despite decelerating bookings growth, there's a possibility that travelers are merely shortening bookings lead times rather than foregoing trips overall.

Booking Is Now Hovering In A Buyable Range Again (Rating Upgrade)

Amazon

LVMH Moet Hennessy Louis Vuitton

NVIDIA

SPDR S&P 500 ETF Trust

Black Monday saw significant corrections in various asset classes, including equities, cryptocurrencies, and commodities. Major indices like Nikkei 225 and Kospi experienced significant drops, with Nasdaq down 6% before the opening bell. Despite the sell-off, some individual stocks, like Advanced Micro Devices and Crowdstrike, saw slight gains.

3 Reasons Behind The $6.4T Market Wipeout And My Top Dip Buys

Booking Holdings shares are having a volatile year due to industry slowdown concerns. The second quarter results were worrisome when compared to Airbnb. Valuation is low heading into a deceleration period, offering potential upside for long-term investors.

Booking Holdings: Focus On Market Share Dynamics Amid Industry Slowdown

Airbnb

Hilton Worldwide Holdings

As the world continues to embrace travel with renewed vigor in the post-pandemic era, the industry is poised for significant growth throughout the remainder of 2024. With August already here, some investors may worry that the best opportunities have already been seized.

The Top 3 Travel Stocks to Buy Now: Summer 2024

Booking Holdings exceeded earnings expectations in Q2 2024, with strong growth in key metrics.

Booking Holdings Reports Strong Q2 Earnings

Booking Holdings' (BKNG) second-quarter results reflect strength in its merchant business.

Booking Holdings (BKNG) Q2 Earnings & Revenues Beat, Rise Y/Y

Second-quarter adjusted earnings at Booking topped analysts' estimates.

Booking Stock Drops. Room Night Growth Is Slowing.

Booking Holdings Inc. (NASDAQ:BKNG ) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Glenn Fogel - Chief Executive Officer Ewout Steenbergen - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore Kevin Kopelman - TD Cowen Justin Post - Bank of America Doug Anmuth - JPMorgan Eric Sheridan - Goldman Sachs James Lee - Mizuho Securities Stephen Ju - UBS Lee Horowitz - Deutsche Bank. John Colantuoni - Jefferies Naved Khan - B.

Booking Holdings Inc. (BKNG) Q2 2024 Earnings Call Transcript

Online travel company Booking Holdings is seeing positive outcomes from its latest tech-driven initiatives, according to its second-quarter earnings report. Booking Holdings Thursday (Aug. 1) reported a 7% year-over-year increase in room nights booked, reaching 287 million for the second quarter.

Booking Holdings Sees 7% Growth in Room Nights Booked Amid Tech Upgrades

While the top- and bottom-line numbers for Booking Holdings (BKNG) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Booking Holdings (BKNG) Q2 Earnings

Booking Holdings (BKNG) came out with quarterly earnings of $41.90 per share, beating the Zacks Consensus Estimate of $39.39 per share. This compares to earnings of $37.62 per share a year ago.

Booking Holdings (BKNG) Q2 Earnings and Revenues Beat Estimates

Online travel agency Booking Holdings forecast lower room nights growth in the third quarter after beating analysts' estimates for second-quarter revenue and profit, sending its shares down 8% after the bell.

Booking expects room nights growth to ease, shares fall

Booking Holdings (NASDAQ: BKNG), the world's largest online travel agency, that offers services from lodging to airline tickets to car rentals, is scheduled to announce its fiscal second-quarter results on Thursday, August 1. We expect the company's stock to likely see little to no movement with revenues and earnings matching market expectations.

With The Stock Up 5% This Year, Will Q2 Results Drive Booking Stock Higher?

MILWAUKEE, July 31, 2024 /PRNewswire/ -- Ademi LLP is investigating Booking Holdings (NASDAQ: BKNG) for possible breaches of fiduciary duty. Click here to learn how to join our investigation https://www.ademilaw.com/case/booking-holdings-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Booking Holdings breached its duties to Investors

NORWALK, Conn. , July 31, 2024 /PRNewswire/ -- Second quarter 2024 financial results for Booking Holdings (NASDAQ: BKNG) will be made available at approximately 4:00 p.m.

Booking Holdings to Make Second Quarter 2024 Earnings Press Release Available on Company's Investor Relations Website on Thursday, August 1

Spain's competition authority, the CNMC, has found that online travel agency Booking.com abused a dominant market position over the past five years. It fined the company €413.24 million (or around $447 million at current exchange rates) on Tuesday.

Spain's antitrust watchdog fines Booking.com nearly $450M for unfair terms and restricting rivals

Spain's competition watchdog said Tuesday it had slapped online travel agency Booking.com with a record 413-million-euro fine for "abusing its dominant position" during the past five years.

Spain watchdog fines Booking.com 413 mn euros

Spain's anti-trust regulator said on Tuesday it fined Booking.com 413.2 million euros ($448 million) for abusing its dominant market position since 2019 by imposing unfair conditions on hotels located in Spain.

Spain fines Booking.com $448 million euros for abusing dominant position

Booking Holdings' (BKNG) second-quarter 2024 results are likely to reflect strength in gross bookings, hotel room nights sold and airline ticket units sold.

What's in Store for Booking Holdings (BKNG) in Q2 Earnings?

Besides Wall Street's top -and-bottom-line estimates for Booking Holdings (BKNG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

News for Booking Hlds Stock (BKNG)