BKNG
FY2026 Q1 · Calendar Q2 2026
Booking Holdings Inc.
Booking Holdings delivered a solid Q1 FY2026 beat, with EPS of $1.14 (est. $1.08) and revenue of $5.53B (est. $5.52B), driven by 15% gross bookings growth and 19% adjusted EBITDA growth. U.S. domestic travel accelerated for the fourth straight quarter with low-teen room-night growth, while Asia grew at high single digits. A 2-percentage-point drag from the Middle East conflict held underlying room-night growth to 6% (8% ex-conflict). Despite the beat, management lowered Q2 and full-year guidance, reflecting continued geopolitical uncertainty. The market reaction was muted (+0.35% abnormal move) with subsequent drift of -2.4%. AI initiatives (Penny, natural-language search, OpenTable concierge) showed early conversion gains, and the company repurchased a record $3.6B in shares during the quarter.
EPS surprise+5.6%
Market move+0.3%
