HighGravityData

Booking Holdings — Jul 29, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001075531-25-000035
Open on SEC.gov ↗
Showing in the filing
Cash dividend
“$9.60 per share”
Period
Q3 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 10
Cash dividend for Q3 FY2025
“$9.60 per share”
Dividend for Q3 FY2025
“$9.60 per share”
Stock repurchase program remaining authoriza…
“$24.6 billion”
Room Nights Growth for Q3 FY2025
“3.5% - 5.5%”
Gross Bookings Growth for Q3 FY2025
“8% - 10%”
Constant Currency Gross Bookings Growth for Q3 FY2025
“4% - 6%”
Revenue Growth for Q3 FY2025
“7% - 9%”
Constant Currency Revenue Growth for Q3 FY2025
“3% - 5%”
Adjusted EBITDA for Q3 FY2025
“$3.9 billion - $4.0 billion”
Adjusted EBITDA Growth for FY2025
“Mid-teens %”
Exhibit 99.1 · the passage around this item
… earlier in the release
Gross bookings is an operating and statistical metric that captures the total dollar value, generally inclusive of taxes and fees, of all travel services booked by our customers, net of cancellations. Exhibit 99.1   Additional Highlights Active Return of Capital to Shareholders Third Quarter Dividend ● Our Board of Directors declared a cash dividend of $9.60 per share, payable on September 30, 2025 to stockholders of record as of the close of business on September 5, 2025. Stock Repurchase Program ● We repurchased $1.3 billion of stock in the quarter ended June 30, 2025 with a total remaining authorization of $24.6 billion. Second Quarter 2025 vs. 2024 2 Top Line Metrics ● Alternative accommodation room nights at Booking.com increased by a low double digits percentage ● Constant Currency ADRs decreased 1%(1) ● Gross bookings increased 13% and revenues increased 16% Margins ● Net Income margin of 13.2% (26.0% in Q2 2024) ● Adjusted EBITDA margin of 35.6% (32.4% in Q2 2024) Fixed Cost Discipline ● Total operating expenses increased 14%, slower than the 16% growth in revenue ● Adjusted fixed operating expenses increased 11% driven by adverse FX changes, increased performance-based compensation accruals, and higher cloud computing costs Marketing Metrics ● Marketing expense as a percentage of gross bookings was 4.6% (4.7% in Q2 2024) ● Over the trailing four quarters, the mix of our total room nights booked through the direct channel was a mid-fifties percentage and increased year-over-year GAAP EPS -38% Adjusted EPS +32% (1)Accommodation average d
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.