Booking Holdings reports 8% revenue growth and raises savings target

Booking Holdings reported second-quarter 2026 revenue of $7.4 billion, up 8% year over year, while gross bookings rose 9% to $51.0 billion, net income increased 118% to $2.0 billion, and adjusted EBITDA grew 9% to $2.6 billion. The company raised expected annual run-rate savings from its Transformation Program to approximately $650 million by the end of 2027, repurchased $3.7 billion of stock in the quarter, and declared a $0.42-per-share dividend payable September 30, 2026.