Cover and table of contents

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Cover and table of contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2026

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number: 1-36691

Booking Holdings Inc.

(Exact name of registrant as specified in its charter)

Delaware06-1528493
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)

800 Connecticut Avenue

Norwalk, Connecticut 06854

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (203) 299-8000

Former name, former address and former fiscal year, if changed since last report: N/A


Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class:Trading Symbol(s)Name of each exchange on which registered:
Common Stock par value $0.008 per shareBKNGThe NASDAQ Global Select Market
4.000% Senior Notes Due 2026BKNG 26The NASDAQ Stock Market LLC
1.800% Senior Notes Due 2027BKNG 27The NASDAQ Stock Market LLC
0.500% Senior Notes Due 2028BKNG 28The NASDAQ Stock Market LLC
3.625% Senior Notes Due 2028BKNG 28AThe NASDAQ Stock Market LLC
4.250% Senior Notes Due 2029BKNG 29The NASDAQ Stock Market LLC
3.500% Senior Notes Due 2029BKNG 29AThe NASDAQ Stock Market LLC
3.000% Senior Notes Due 2030BKNG 30The NASDAQ Stock Market LLC
4.500% Senior Notes Due 2031BKNG 31The NASDAQ Stock Market LLC
3.125% Senior Notes Due 2031BKNG 31AThe NASDAQ Stock Market LLC
3.625% Senior Notes Due 2032BKNG 32The NASDAQ Stock Market LLC
3.250% Senior Notes Due 2032BKNG 32AThe NASDAQ Stock Market LLC
4.125% Senior Notes Due 2033BKNG 33The NASDAQ Stock Market LLC
4.750% Senior Notes Due 2034BKNG 34The NASDAQ Stock Market LLC
3.625% Senior Notes Due 2035BKNG 35The NASDAQ Stock Market LLC
3.750% Senior Notes Due 2036BKNG 36The NASDAQ Stock Market LLC
3.750% Senior Notes Due 2037BKNG 37The NASDAQ Stock Market LLC
4.125% Senior Notes Due 2038BKNG 38The NASDAQ Stock Market LLC
4.000% Senior Notes Due 2044BKNG 44The NASDAQ Stock Market LLC
3.875% Senior Notes Due 2045BKNG 45The NASDAQ Stock Market LLC
4.500% Senior Notes Due 2046BKNG 46The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐
Smaller reporting company☐Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

Number of shares of Common Stock outstanding at April 20, 2026:

Common Stock, par value $0.008 per share774,878,436
(Class)(Number of Shares)

Booking Holdings Inc.

Form 10-Q

For the Three Months Ended March 31, 2026

PART I - FINANCIAL INFORMATION
Item 1. Financial Statements3
Consolidated Balance Sheets at March 31, 2026 (Unaudited) and December 31, 20253
Consolidated Statements of Operations (Unaudited) For the Three Months Ended March 31, 2026 and 20254
Consolidated Statements of Comprehensive Income (Unaudited) For the Three Months Ended March 31, 2026 and 20255
Consolidated Statements of Changes in Stockholders' Deficit (Unaudited) For the Three Months Ended March 31, 2026 and 20256
Consolidated Statements of Cash Flows (Unaudited) For the Three Months Ended March 31, 2026 and 20257
Notes to Unaudited Consolidated Financial Statements8
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations18
Item 3. Quantitative and Qualitative Disclosures About Market Risk29
Item 4. Controls and Procedures29
PART II - OTHER INFORMATION
Item 1. Legal Proceedings30
Item 1A. Risk Factors30
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds30
Item 6. Exhibits31
SIGNATURES32

PART I — FINANCIAL INFORMATION

Next: Item 1. Financial Statements