Booking Holdings Reports Strong Q3 2026 Results Driven by International Travel and Connected Trip Strategy
Booking Holdings (BKNG) reported robust third-quarter 2026 financial results, highlighted by adjusted revenue of $9.8 billion, a 9% increase year-over-year. The company saw gross bookings rise 10% to $54.5 billion, fueled by higher average daily rates and significant growth in flight ticket sales. International travel improvements from Europe and Asia contributed to a 7% increase in room nights, totaling 345 million. The company's 'Connected Trip' strategy is gaining momentum, with merchant gross bookings now accounting for 75% of total volume. Despite facing an FTC-related $900 million reduction in reported revenue (which was excluded from adjusted figures), Booking Holdings maintained strong profitability with an adjusted EBITDA margin of 47%. Management remains focused on cost discipline and shareholder returns, having repurchased $2.1 billion in stock during the quarter.
Tickers: $BKNG
Topics: adjusted EPS financial performance gross bookings revenue growth travel industry