Booking Holdings Q3 2025: EPS $84.41 GAAP, $99.50 adj; rev $9.0B +13%; raises savings target

Booking Holdings Inc.

2025-Q3 EPS reported $121.39 vs consensus $3.90 ▲ beat (+3010.3%)

Room nights 323M (+8% YoY); gross bookings $49.7B (+14%); revenue $9.0B (+13%).
GAAP net income $2.7B (+9%); GAAP EPS $84.41; adjusted EPS $99.50 (+19%).
Adjusted EBITDA $4.2B (+15%); net cash from ops $1.4B (-40% QoQ); FCF $1.4B (-40% QoQ, +6% YTD).
Raises Transformation Program annual run-rate savings target to $500-550M from $400-450M vs 2024 base.

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