TICKDELTA
Sign in
Screener / SEC EDGAR /CIK 0001075531 /10-K filed Feb 18, 2026, compared with Feb 20, 2025 /Numbers from the XBRL of the 10-Ks
Consumer discretionary peers:
GPCBKNGCVNACCLMARMCD
Nasdaq Consumer discretionary · Travel Services

Booking Holdings BKNG

BKNG quote by TradingView

Our mission is to make it easier for everyone to experience the world. 10-K, Item 1

Employees
24,300
Headquarters
Norwalk, CT
Next results
around Feb 17, 2027
Compare with peers Embed

BKNG among Consumer discretionary peers

Six ratios from the latest 10-K. Each corner is the share of 46 peers the company is above, not a score.

Compare
Revenue growth: 13.4%, above 87% of 46 peers (their median 5.2%) REVENUE GROWTH 13.4% · above 87% Operating margin: 32.8%, above 95% of 39 peers (their median 15.8%) OPERATING MARGIN 32.8% · above 95% Net margin: 25.5%, above 93% of 46 peers (their median 10.8%) NET MARGIN 25.5% · above 93% FCF margin: 32.8%, above 100% of 44 peers (their median 9.2%) FCF MARGIN 32.8% · above 100%
BKNG Peer median Below the median

What changed

12 new risk paragraphs. 10-K filed Feb 18, 2026 against Feb 20, 2025.

Risk factors
12 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
9 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

9 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 9 checks found nothing to note

  • Cash from operations $9.4B vs net income $5.4B (FY ending Dec 31, 2025)
  • Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
  • No statement of substantial doubt about going concern
6 more checks with nothing to note
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Revenues
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

12 paragraphs in Risk Factors that were not in the 10-K filed Feb 20, 2025. Quoted as filed.

All 12 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    We operate in highly competitive and rapidly evolving global markets for travel and restaurant reservation services. Barriers to entry are low, and we compete with online travel companies ("OTCs"), travel service providers offering direct booking (such as airlines, hotels, and rental car companies), traditional travel agencies and…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    A significant portion of consumer traffic to our services is derived from third-party platforms, including Google and other search engines, mobile operating systems, app marketplaces, mapping services, and other digital distribution channels. These platforms increasingly incorporate Gen AI features, such as AI-generated answers,…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    Alternative accommodation rules and regulations are complex, evolving, can be inconsistent among individual localities, and could limit or negatively affect property owners' and managers' ability to rent properties. For example, in conjunction with the
  4. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    During fiscal year 2025, as a result of our annual goodwill impairment test, we recognized goodwill and intangible assets impairment charges. See Note 11 to our Consolidated Financial Statements. The estimation of fair value reflects numerous assumptions that are subject to risks and uncertainties, including key assumptions regarding…

New risk paragraphs, against peers

Latest 10-K of each, Consumer discretionary companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$17.1B$21.4B$23.7B$26.9B
Net income$3.1B$4.3B$5.9B$5.4B
Operating cash flow$6.6B$7.3B$8.3B$9.4B
Free cash flow$6.2B$7.0B$7.9B$9.1B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$26.9B ▲ 13.4% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Booking Holdings, Norwalk, CT · from the 10-K filed Feb 18, 2026

Our mission is to make it easier for everyone to experience the world. We aim to provide consumers with a best-in-class experience with tailored planning, payment, language, and other options seamlessly connecting them with our travel service provider partners. We offer these services through five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable: Accommodations Ground Transportation Flights Activities Restaurants Meta Search Booking.com ☑ ☑ ☑ ☑ Priceline ☑ ☑ ☑ ☑ Agoda ☑ ☑ ☑ ☑ ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── KAYAK ☑ OpenTable ☑

Headquarters
Norwalk, CT
Country
United States
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Nov 3, 2026
Incorporated in
DE

Employees, at the top of the page: "As of December 31, 2025, we employed approximately 24,300 employees, of which approximately 2,900 were based in the United States and approximately 21,400 outside the United States" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 18, 2026 (open at SEC), compared with the 10-K filed Feb 20, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/BKNG/export.csv") into a cell.