A SEC filing dated 2026-08-05 for Booking Holdings Inc. (BKNG), covering the quarter ending 2026-06-30, formed the basis for recent reporting activity. No additional corporate briefing disclosures were available beyond the filing itself for this period [Brief - 2026-09-11].
For the trailing twelve months ending 2026-06-30, Booking Holdings reported revenue of $28.24 billion, representing year-over-year growth of 8.15%. Net income over the same period was $5.40 billion, yielding a net margin of 19.14%. Gross margin stood at 44.05% and operating margin at 32.87%. EPS grew 130% year-over-year. The company held $17.21 billion in cash against total debt of $18.28 billion [SEC 10-Q - BKNG - 2026-06-30].
Insider activity in September 2026 recorded three transactions, all in the selling direction, with a net disposal value of approximately $1.07 million [SEC Form 4 - BKNG - 2026-09]. On the institutional side, four significant firms opened new positions in BKNG during the most recent reporting period: Citadel (Ken Griffin), AQR Capital (Cliff Asness), Millennium (Izzy Englander), and Bridgewater (Ray Dalio) each initiated fresh holdings, representing the primary trigger for this report [SEC 13F - Citadel - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - Bridgewater - Q2 2026].
The prevailing macro environment reflects a 10-year US Treasury yield of 4.94% and a 2-year yield of 4.67%, producing a normal-sloped yield curve with a spread of approximately 27 basis points [FRED DGS10] [FRED DGS2]. This configuration represents the current interest rate backdrop against which BKNG's debt and cash positions are measured.