U.S. COMPANY FILING
Booking Holdings Inc. — Form 10-K filed 2026-02-18
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Booking Holdings reported a 13% revenue increase in 2025, with a 3% benefit from foreign currency. Basic EPS was $166.52. Dividends paid totaled $1.259 billion, and a new dividend of $10.50 per share was declared. The Transformation Program is expected to deliver $500-550 million in annual run-rate savings. An impairment was recognized on KAYAK's goodwill. Risks include travel industry disruptions, operational and technological infrastructure, tax exposures, and regulatory scrutiny.
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