BKNG · 8-K · 20260804PR000036

Transformation Program Savings

Booking Holdings Inc. · 2026-08-04 · Importance 62 · Surprise 42 · In source text

Booking Holdings increased expected annual run-rate savings from its Transformation Program to approximately $650 million. The company expects to realize the full run-rate savings by the end of 2027. Transformation costs were $30 million in the second quarter of 2026 versus $38 million in the prior-year quarter. Six-month transformation costs were $55 million versus $70 million in 2025, and the program primarily includes professional fees and employee termination benefits.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
operating_incomepositiveprobable+4.4%Increased expected annual run-rate savings through the Transformation Program to approximately $650 million, expected to be realized by…