Quarterly ResultApr 28, 2026, 05:17 PM
BKNG Q1 Net Income +225% to $1.08B; EPS +240% to $1.36
AI Summary
Booking Holdings Inc. reported strong financial results for the first quarter of 2026, with net income soaring 225% to $1.08 billion and diluted EPS increasing 240% to $1.36. Total revenues grew 16% to $5.53 billion, driven by a 27% rise in Merchant revenues. The company also completed a 25-for-1 stock split, repurchased $4.02 billion in common stock, and declared a $0.42 per share dividend. Despite ongoing regulatory investigations and a $476 million liability for a Spanish fine, the quarter saw a benefit from favorable litigation settlements.
Key Highlights
- Net income surged 225% to $1.08 billion for Q1 2026.
- Diluted EPS increased 240% to $1.36 for the quarter.
- Total revenues rose 16% to $5.53 billion; Merchant revenues grew 27% to $3.70 billion.
- Repurchased $4.02 billion of common stock (22 million shares) in Q1 2026.
- Declared a quarterly cash dividend of $0.42 per share.
- Effected a 25-for-1 stock split on April 2, 2026.
- Recorded a $476 million liability for a Spanish CNMC fine, currently under appeal.
- Received an $89 million benefit from favorable litigation settlements.