---
schema_version: "secwatch.filing_event.v1"
accession: "0001075531-25-000050"
form_type: "8-K"
ticker: "BKNG"
cik: "0001075531"
company_name: "Booking Holdings Inc."
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T01:51:37.947045+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001075531-25-000050
- form_type: 8-K
- ticker: BKNG
- cik: 0001075531
- company_name: Booking Holdings Inc.
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1075531/000107553125000050/0001075531-25-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1075531/000107553125000050/bkng-20251028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001075531-25-000050
- JSON: https://secwatch.observer/filing/0001075531-25-000050.json
- Plain text: https://secwatch.observer/filing/0001075531-25-000050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.