Earnings call briefThird-quarter 2026
Booking Holdings BKNG
Booking Holdings expects about flat fourth-quarter adjusted EBITDA as investment rises
The company cites planned investments in non-accommodation verticals, AI and technology infrastructure, partly offset by marketing leverage.
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Booking Holdings said on its third-quarter call that it expects fourth-quarter adjusted EBITDA to be about flat year over year, or up about 2% in constant currency. The company said on-the-book statistics for the first half of 2027 look healthy, an early directional indicator still subject to change, such as cancellations.
Quotes from the call
“We currently expect adjusted EBITDA to be about flat year-over-year, or up about 2% on a constant currency basis, and to be impacted by increased planned investments behind our long-term strategic priorities...”
Key facts from the call
- Fourth-quarter adjusted EBITDA outlook
- About flat year over year, or up about 2% in constant currency
Source: Booking Holdings' third-quarter 2026 earnings call, November 3, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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