Booking Holdings' fourth quarter revenue of $6.3B beat estimates, fueled by a 16% surge in gross bookings.

Booking Holdings reported fourth quarter 2025 revenue of $6.3 billion and adjusted EPS of $48.80, exceeding analyst expectations of $5.42 billion and $47.58, respectively. The company saw strong travel demand with gross bookings growing 16% year-over-year to $43.0 billion, alongside the announcement of a 25-for-1 stock split.

Key Highlights

• Fourth quarter room nights grew 9% year-over-year to 285 million, significantly surpassing the consensus estimate of 255 million.
• Gross bookings increased 16% to $43.0 billion, or 11% on a constant currency basis, indicating continued strength in travel spending.
• The company announced a twenty-five-for-one forward stock split of its common stock, effective April 2, 2026.