Booking Holdings Inc.: EPS $4.66 vs $4.49 expected; revenue $9.79B vs $9.55B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 4.660 | 4.490 | +3.8% | 0.995 |
| Revenue (USD bn) | 9.790 | 9.550 | +2.6% | 9.010 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 3, 2026 | Q3 FY2026 | 4.660 | 4.4900 | +3.8% | 9.79 | 9.55 | +2.6% |
| Aug 4, 2026 | Q2 FY2026 | 2.540 | 2.4300 | +4.5% | 7.35 | 7.22 | +1.8% |
| Apr 28, 2026 | Q1 FY2026 | 1.140 | 1.0800 | +5.6% | 5.53 | 5.52 | +0.2% |
| Feb 18, 2026 | Q4 FY2025 | 1.950 | 1.9500 | 0.0% | 6.35 | 6.14 | +3.4% |
| Oct 28, 2025 | Q3 FY2025 | 0.995 | 0.9585 | +3.8% | 9.01 | 8.74 | +3.0% |
| Jul 29, 2025 | Q2 FY2025 | 0.554 | 0.5032 | +10.1% | 6.80 | 6.55 | +3.7% |
| Apr 29, 2025 | Q1 FY2025 | 24.810 | 17.3400 | +43.1% | 4.76 | 4.60 | +3.6% |
| Feb 20, 2025 | Q4 FY2024 | 41.550 | 35.8200 | +16.0% | 5.47 | 5.18 | +5.6% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Booking Holdings Inc. results: EPS $4.66 vs $4.49 expected; revenue $9.79B vs $9.55B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 3.8%; revenue above the estimate by 2.6%.
Revenue was up 8.7% from $9.01 billion a year earlier (Q3 FY2025). EPS was up 368.3% from $0.995 a year earlier. On its record, EPS topped analysts' estimates in 6 of 7 earlier comparable reports.
What the results mean
Booking Holdings Inc.’s results reflect resilient travel demand, with growth in room nights and gross bookings supported by rising accommodation rates. Alternative accommodation bookings also grew, underscoring the role of varied lodging options in the platform’s business.
Reported revenue and earnings were affected by an item related to a Federal Trade Commission matter, while adjusted measures excluding its effects grew. Separating the matter’s impact from booking performance is therefore essential to understanding the underlying business, while recognizing that its exclusion from adjusted measures does not remove its financial consequences.
Management highlighted disciplined execution and cost management, alongside improved consumer marketing efficiency and a stable direct booking share. It also emphasized integrating artificial intelligence across its brands and developing travel discovery, planning and booking experiences, making the translation of that investment into benefits for travelers and partners an important execution issue.
What to watch on the earnings call: Travel demand resilience and its distribution across markets, the effect of accommodation mix and rates on bookings, marketing efficiency and the role of direct channels, cost and margin discipline, the implications of the Federal Trade Commission matter, and how management measures the impact of artificial intelligence integration on booking experiences and partners’ businesses.
For the full analysis of Booking Holdings Inc. stock — valuation, scores and financial statements — see the stock page linked with this story.