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Booking Holdings Inc. BKNG Restructuring Charges

Discontinued — last reported Q4 '25

Restructuring Charges at other companies

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$2M-52.4%

Segments

By segment

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Reportable Segment$23M-28.1%

Other financials

Income statement

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Revenue$5.5B+16.2%
Operating income$1.3B+19.7%
Net income$1.1B+225%
EPS (diluted)$1.36+240%

Balance sheet

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Cash & equivalents$16.0B+2.9%
Total debt$18.9B+14.8%
Total equity-$8.7B-42.7%
Total assets$27.7B+1.9%

Cash flow

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Operating cash flow$3.2B-2.1%
CapEx$107.0M-11.6%
Free cash flow$3.1B-1.7%

Valuation

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Market cap$155.55B-13.3%
Enterprise value$158.47B-12.4%
P/E25.3×-12.0×
P/S5.6×-1.6×

Profitability

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Gross margin98.1%
Operating margin32.6%+0.1pp
Net margin22.2%-0.4pp
FCF margin32.6%-2.6pp

Returns & leverage

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Return on equity147.8%+136pp
Debt / equity11.8×+9.5×
Current ratio1.1×-0.2×

Where this comes from

Reported directly by Booking Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCosts.

The source filing: Booking Holdings Inc.’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 5:13 PM EST
Fiscal year
FY2025
Accession
0001075531-26-000009
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Information technology908771655
Depreciation and amortization623591504
Impairment457
Transformation costs20534
Total operating expenses18,09216,18415,530
Operating income8,8257,5555,835
Interest expense(1,617)(1,295)(897)
Interest and dividend income9211,1141,020

Item 16. Form 10-K Summary.

FAQ

What is Booking Holdings Inc.'s restructuring charges?
Booking Holdings Inc. (BKNG) reported restructuring charges of $30M in Q4 2025.
How has Booking Holdings Inc.'s restructuring charges changed year-over-year?
Booking Holdings Inc.'s restructuring charges decreased by 11.8% year-over-year, from $34M to $30M.
What is the long-term trend for Booking Holdings Inc.'s restructuring charges?
Over 4 years (2021 to 2025), Booking Holdings Inc.'s restructuring charges has grown at a 99.3% compound annual growth rate (CAGR), from $13M to $205M.
What does restructuring charges mean?
One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

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