Booking Holdings Q3 Revenue Surges 13% Amid Robust Travel Demand

Booking Holdings reported strong third-quarter earnings for 2025, with adjusted earnings per share of $99.50, surpassing analyst estimates, and revenue growth of 13% to $9.01 billion, also above expectations. The company saw a 14% increase in gross bookings and an 8% rise in room nights, indicating sustained travel demand despite broader economic uncertainties. Booking Holdings raised its forecast for annual cost savings and expects fourth-quarter revenue growth between 10% and 12%, although its midpoint guidance is slightly below analysts' projections. Shares rose over 5% in after-hours trading following the earnings announcement but had fallen 2.5% during regular trading, with year-to-date gains lagging the S&P 500. Analysts remain mostly positive about the stock, noting Booking's focus on innovation and efficiency within a resilient travel sector, though caution remains regarding potential impacts from emerging technologies like chatbots. Overall, the results underscore continued momentum in travel demand and investor optimism in the online travel agency despite some market headwinds.