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Booking Holdings (BKNG) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended September 2026, Booking Holdings (BKNG - Free Report) reported revenue of $8.89 billion, down 1.3% over the same period last year. EPS came in at $4.66, compared to $3.98 in the year-ago quarter.

The reported revenue represents a surprise of -7.01% over the Zacks Consensus Estimate of $9.56 billion. With the consensus EPS estimate being $4.48, the EPS surprise was +4.02%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Booking Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Gross Bookings - Total: $54.5 billion compared to the $52.73 billion average estimate based on five analysts.
  • Gross Bookings - Agency: $13.7 billion versus the five-analyst average estimate of $13.27 billion.
  • Gross Bookings - Merchant: $40.7 billion compared to the $39.46 billion average estimate based on five analysts.
  • Units Sold - Room Nights: 345 million versus 338.61 million estimated by five analysts on average.
  • Units Sold - Airline Tickets: 21 million compared to the 17.88 million average estimate based on four analysts.
  • Units Sold - Rental Car Days: 23 million versus 22.45 million estimated by four analysts on average.
  • Revenues- Agency: $2.46 billion versus $2.44 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -4.1% change.
  • Revenues- Advertising and other revenues: $332 million versus $323.46 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.8% change.
  • Revenues- Merchant: $7 billion versus the five-analyst average estimate of $6.81 billion. The reported number represents a year-over-year change of +14.1%.

View all Key Company Metrics for Booking Holdings here>>>

Shares of Booking Holdings have returned -2.9% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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