Investing
CapEx
Booking Holdings Inc. CapEx increased by 14.1% to $73.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.9%, from $76.00M to $73.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows relatively stable performance with a 1.4% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
19 periods
| 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 | $59.00M | $79.00M | $101.00M | $109.00M | $86.00M | $98.00M | $75.00M | $88.00M | $92.00M | $71.00M | $94.00M | $130.00M | $146.00M | $77.00M | $76.00M | $121.00M | $64.00M | $64.00M | $73.00M |
| QoQ Change | — | +33.9% | +27.8% | +7.9% | -21.1% | +14.0% | -23.5% | +17.3% | +4.5% | -22.8% | +32.4% | +38.3% | +12.3% | -47.3% | -1.3% | +59.2% | -47.1% | +0.0% | +14.1% |
| YoY Change | — | — | — | — | +45.8% | +24.1% | -25.7% | -19.3% | +7.0% | -27.6% | +25.3% | +47.7% | +58.7% | +8.5% | -19.1% | -6.9% | -56.2% | -16.9% | -3.9% |
Range$59.00M – $146.00M
CAGR+4.8%
Avg YoY Growth+2.8%
Median YoY Growth-3.9%
Current Streak2 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is Booking Holdings Inc.'s capex?
- Booking Holdings Inc. (BKNG) reported capex of $73.00M in Q4 2025.
- How has Booking Holdings Inc.'s capex changed year-over-year?
- Booking Holdings Inc.'s capex decreased by 3.9% year-over-year, from $76.00M to $73.00M.
- What is the long-term trend for Booking Holdings Inc.'s capex?
- Over 4 years (2021 to 2025), Booking Holdings Inc.'s capex has grown at a 1.4% compound annual growth rate (CAGR), from $304.00M to $322.00M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.