Booking Holdings releases transcript of Q2 2026 earnings prepared remarks

Booking Holdings released prepared remarks from its Q2 2026 earnings call, led by CEO Glenn Fogel and CFO Ewout Steenbergen.

• Q2 room nights rose 5%, gross bookings 9%, revenue 8%; adjusted EBITDA totaled USD 2.6 billion, up 9%.
• Guidance assumed Middle East-related pressure persists through Q3; room nights seen up 3%-5%, gross bookings, revenue, adjusted EBITDA up 4%-6%.
• Transformation Program run-rate savings target lifted to about USD 650 million from about USD 550 million; USD 100 million largely expected in 2027.
• Capital returns hit a record USD 4.1 billion in Q2, including USD 3.7 billion of repurchases; cash and investments ended at USD 17.7 billion.