secwatch.observer — SEC 8-K summary
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Issuer:     Booking Holdings Inc. (BKNG)
CIK:        0001075531
Form:       8-K
Filed at:   2025-07-29T23:59:59+00:00
Accession:  0001075531-25-000035
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Booking Q2 revenue +16% to $6.8B, adjusted EPS $55.40 (+32%), GAAP net income -41%
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- Room nights 309M (+8% YoY); gross bookings $46.7B (+13%, +9% constant currency).
- GAAP net income $895M (-41%), GAAP EPS $27.43 (-38%); adjusted EBITDA $2.4B (+28%).
- Free cash flow $3.1B (+32%); operating cash flow $3.2B (+27%).
- Connected Trip transactions (multi-vertical bookings) now low double-digit % of total, up >30% YoY; flight tickets +44%.
- No guidance update provided in the release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075531/000107553125000035/0001075531-25-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075531/000107553125000035/bkng-20250729.htm
  HTML page:      https://secwatch.observer/filing/0001075531-25-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer