Booking Holdings beat earnings and revenue estimates in Q1, seeing growth in room nights and transactions.
From Nasdaq: 2025-04-30 15:00:00
Booking Holdings reported first-quarter 2025 earnings of $24.81 per share, beating estimates by 43.83% and increasing 21.7% year over year. Revenues of $4.76 billion exceeded expectations by 3.58% and grew 8% year over year. The company saw growth in room nights, accommodation listings, and Connected Trip transactions in the first quarter.
Merchant revenues were $2.91 billion, agency revenues were $1.56 billion, and Advertising & Other revenues were $280 million in the first quarter. Room nights exceeded 300 million, and total accommodation listings reached about 31 million. Booking Holdings also saw 35% growth in Connected Trip transactions.
Marketing expenses increased 10% year over year, while first-quarter sales and other expenses slightly decreased. Adjusted EBITDA grew 21% year over year, driven by higher revenue and lower fixed operating expenses. The company’s cash and investments totaled $16.1 billion as of March 31, 2025.
For the second quarter of 2025, Booking Holdings expects Room Night Growth between 4% and 6%, Gross Bookings growth in the 10-12% range, and revenues growth between 10% and 12%. The company projects adjusted EBITDA between $2.15 billion and $2.2 billion for the second quarter.
Booking Holdings carries a Zacks Rank #3 (Hold). Investors can consider better-ranked stocks like Carvana, TripAdvisor, and Alibaba Group in the Retail-Wholesale sector. Carvana, TripAdvisor, and Alibaba Group are set to report their first-quarter 2025 results on May 7 and May 13, respectively.
Read more at Nasdaq: Booking Holdings Q1 Earnings Beat Estimates, Revenues Rise Y/Y
