Booking Holdings Inc. Announced Q1 2026 Earnings on April 28, 2026, Reporting "revenue of $5.5 billion grew 16%".

Booking Holdings Inc. reported its first quarter 2026 financial results, stating "first quarter gross bookings of $53.8 billion grew 15%, revenue of $5.5 billion grew 16% and adjusted EBITDA of approximately $1.3 billion increased 19%". Management noted that "adjusted EPS of $1.14 grew 14% year-over-year". The company reported "about $3.1 billion in free cash flow generated in the quarter" and highlighted that "total merchant gross bookings increased 24% year-over-year in the first quarter".Discussing business updates, executives noted "the impact the Middle East conflict is having on travel" and estimated it "impacted our room night and gross bookings growth by approximately 2 percentage points" for the first quarter.

Despite these headwinds, the company reported its "U.S. room night growth accelerated for the fourth consecutive quarter to the low teens". Management also highlighted progress on their connected trip vision, stating "connected transactions meaning trips that included bookings across more than 1 vertical grew in the high teens range".For forward guidance, the company expects "second quarter room night growth to be between 2% and 4% and for gross bookings, revenue and adjusted EBITDA to each grow between 4% and 6%". For the full year 2026, guidance assumes "gross bookings to be up high single digits to low double digits" and "revenue to be up high single digits". Additionally, the company expects full year "adjusted EPS to be up low to mid-teens" and stated they remain firmly committed to a "long-term constant currency growth ambition of at least 8% gross bookings growth, 8% revenue growth and 15% adjusted EPS growth for future years".On product and partnership announcements, management discussed utilizing generative AI, pointing out that at Priceline, "Penny continues to evolve into a more interactive end-to-end AI-driven journey". For Booking.com, they announced that "smart filters have now been rolled out globally in accommodations". At OpenTable, the company is expanding its AI concierge "beyond answering diner questions, into a broader discovery tool". The company also highlighted external collaborations, citing "relationships with companies such as OpenAI, Google, Anthropic and Amazon".