Agency Revenue — Total revenues
Booking Holdings Inc. Agency Revenue — Total revenues decreased by 30.3% to $1.79B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.9%, from $1.86B to $1.79B. Over 4 years (FY 2021 to FY 2025), Agency Revenue — Total revenues shows an upward trend with a 4.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher transaction volume or improved commission rates within the agency-based booking model, while a decrease suggests lower booking activity or reduced take rates from travel partners.
Detailed definition
This metric represents the total revenue generated from travel-related transactions where the company acts as an interme...
Peer comparison
Comparable to commission-based revenue streams at other online travel agencies or marketplace platforms that operate on an agency model rather than a merchant model.
bkng_segment_agency_revenues_total_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.33B | $2.87B | $1.75B | $1.45B | $2.30B | $3.20B | $2.05B | $1.78B | $2.43B | $3.14B | $2.07B | $1.76B | $2.14B | $2.75B | $1.86B | $1.56B | $2.04B | $2.57B | $1.79B |
| QoQ Change | — | +115.9% | -38.9% | -17.2% | +58.7% | +39.2% | -36.0% | -13.0% | +36.3% | +29.1% | -34.0% | -14.7% | +21.6% | +28.4% | -32.3% | -16.1% | +30.7% | +25.7% | -30.3% |
| YoY Change | — | — | — | — | +73.3% | +11.7% | +17.0% | +22.9% | +5.6% | -2.1% | +0.9% | -1.1% | -11.7% | -12.2% | -9.9% | -11.3% | -4.7% | -6.7% | -3.9% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Booking Holdings Inc.'s agency revenue — total revenues?
- Booking Holdings Inc. (BKNG) reported agency revenue — total revenues of $1.79B in Q4 2025.
- How has Booking Holdings Inc.'s agency revenue — total revenues changed year-over-year?
- Booking Holdings Inc.'s agency revenue — total revenues decreased by 3.9% year-over-year, from $1.86B to $1.79B.
- What is the long-term trend for Booking Holdings Inc.'s agency revenue — total revenues?
- Over 4 years (2021 to 2025), Booking Holdings Inc.'s agency revenue — total revenues has grown at a 4.6% compound annual growth rate (CAGR), from $6.66B to $7.97B.
- What does agency revenue — total revenues mean?
- Total revenue earned from commissions and fees where the company acts as an intermediary for travel bookings.