Booking Holdings (BKNG) · Fiscal Q3 2026 · Form 8-K filed Nov 3, 2026
| Key figure | This quarter |
|---|---|
| Revenue | $8.89 billion |
| Net income (GAAP) | $2.72 billion |
| Diluted EPS (GAAP) | $3.61 |
| Diluted EPS (non-GAAP) | $4.66 |
| Operating cash flow | $1.14 billion |
| Free cash flow (non-GAAP) | $1.07 billion |
Results
Total revenues were $8,893 million for the third quarter of 2026, compared with $9,008 million in the same quarter a year earlier.
Net income was $2,717 million, against $2,748 million a year earlier.
GAAP net income applicable to common stockholders per diluted share was $3.61, up from $3.38 in the prior-year quarter. On the company's adjusted (non-GAAP) basis, diluted EPS was $4.66, up from $3.98.
For the first nine months of 2026, revenue was $21,777 million, net income $5,750 million, GAAP diluted EPS $7.45 and adjusted EPS $8.25.
Margins and cash flow
Net cash provided by operating activities was $1,137 million in the quarter, compared with $1,435 million a year earlier. Free cash flow was $1,069 million, compared with $1,371 million.
For the nine months to September 30, 2026, operating cash flow was $8,071 million and free cash flow $7,820 million.
What else stood out
Room nights grew 7% compared with the third quarter of 2025. Gross bookings grew 10%, or approximately 11% on a constant currency basis.
The company repurchased $2.1 billion of its common stock, excluding excise taxes, during the quarter. Remaining authorization was $12.4 billion as of September 30, 2026.
The Board declared a cash dividend of $0.42 per share, payable December 31, 2026 to stockholders of record on December 11, 2026.
Quarterly revenue has risen through 2026: $5,532 million in the March quarter, $7,352 million in the June quarter and $8,893 million in the September quarter. GAAP diluted EPS followed the same path, at $1.36, $2.53 and $3.61.
