Booking (BKNG) Q3 2026 Earnings Call: Guidance and Outlook
The company provided guidance for the fourth quarter and reiterated its full-year outlook. The outlook reflects near-term travel disruptions and tough year-over-year comparisons.
About Booking. Booking Holdings Inc. is a leading global provider of online travel and dining reservation services. The company manages a portfolio of well-known digital platforms. com is dedicated to facilitating vehicle rentals.
Call date
Sentiment score
+35 Balanced
Management tone, -100 to +100
Sentiment change
+10
vs Q2 2026 call
Sector
Consumer Discretionary, Hotels, Restaurants and Leisure
Increase between 2% and 4% (4% to 6% constant currency).
Adjusted revenue
Increase between 0% and 2% (2% to 4% constant currency).
Adjusted EBITDA
About flat year-over-year or up about 2% on a constant currency basis.
Annual guidance
Gross bookings
Up high single digits.
Adjusted revenue
Up high single digits.
Adjusted EBITDA
Up high single digits.
Adjusted EPS
Up low to mid-teens.
Outlook
Travel demand
Demand was resilient in the quarter, though some moderation was observed toward the end of the period, particularly in international travel.
Middle East conflict
The company assumes both direct and indirect impacts of the conflict, including elevated airfares and localized unrest, will persist through the end of the year.
AI investment
The company plans to increase investments in AI capabilities and technology infrastructure in the fourth quarter.
Connected trip
The company expects further increases in connected trip transactions as it delivers more personalized, AI-powered experiences.
2027 outlook
While early, on-the-book statistics for the first half of 2027 look healthy, providing confidence in the outlook for next year.
Dombey's summary of the Booking Q3 2026 earnings call held Nov 3, 2026, written from the call itself. Every figure on this page was checked against what was said on the call, and quoted lines are management's own words; we do not add estimates or prices. The tone score is our read of management's wording, guidance and answers. Check figures against the company's SEC filings before acting. This is research, not investment advice.
