|8-KFeb 18, 4:02 PM ET

Booking Holdings Inc. 8-K

Research Summary

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Booking Holdings Reports Q4 2025 Results; Announces 25-for-1 Stock Split

What Happened

  • On February 18, 2026, Booking Holdings Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025 (press release attached as Exhibit 99.1 to the Form 8‑K). The release includes a financial and statistical supplement with the consolidated balance sheet at December 31, 2025, statements of operations for the three- and twelve‑month periods ended December 31, 2025, and the consolidated statement of cash flows for the twelve months ended December 31, 2025.
  • The company also announced a twenty‑five‑for‑one forward stock split of its common stock. Each holder of record at the close of market on Friday, March 6, 2026 will receive 24 additional shares per share held; the additional shares will be distributed after the close of market on Thursday, April 2, 2026. Trading is expected to begin on a split‑adjusted basis at market open on Monday, April 6, 2026. The split will be effected by amending the Restated Certificate of Incorporation with the Delaware Secretary of State and will proportionately increase authorized common shares.

Key Details

  • Filing date: February 18, 2026 (Form 8‑K, Exhibit 99.1 press release).
  • Stock split: 25‑for‑1 (24 additional shares per share of record), record date Mar 6, 2026; distribution Apr 2, 2026; split‑adjusted trading begins Apr 6, 2026.
  • Financial materials: consolidated balance sheet at Dec 31, 2025 and statements of operations for the three and twelve months ended Dec 31, 2025, plus 12‑month cash flow statement included in the supplement.
  • Legal effect: split implemented via amendment to Certificate of Incorporation, increasing authorized common stock proportionately.

Why It Matters

  • The earnings release provides the company’s latest quarterly and annual financial results (revenue, profitability, cash flow details are in the attached supplement)—important data for assessing performance and valuation. Investors should review the press release and supplement for revenue and EPS figures and any accompanying commentary.
  • The 25‑for‑1 stock split will increase the number of outstanding shares and reduce the per‑share price but does not change an investor’s proportional ownership or Booking’s market capitalization. The split may improve share liquidity and make shares more accessible to retail investors; note the record and distribution dates when determining if you will receive additional shares.
  • After the split, historical per‑share metrics (EPS, NAV per share, share counts) will be adjusted on a split‑adjusted basis—investors and analysts should account for this when comparing past and future per‑share figures.