BKNG · 8-K · 20260804PR000036
Income Tax Rate Changes
Booking Holdings Inc. · 2026-08-04 · Importance 56 · Surprise 46 · From source text
Second-quarter income tax expense increased to $610 million from $209 million, while income before taxes increased to $2.560 billion from $1.104 billion. The reported second-quarter effective tax rate was approximately 23.8%, compared with approximately 18.9% in the prior-year quarter. Six-month income tax expense rose to $926 million from $272 million, producing an approximately 23.4% effective rate versus 18.1% in 2025. The 2026 results included $79 million of discrete tax expense, including a $56 million one-time deemed-repatriation liability related to the U.S. Tax Cuts and Jobs Act and tax impacts from certain intercompany asset transfers.
Key facts
- Income tax expense for the three months ended June 30, 2026: $610 million (compared with $209 million in Q2 2025). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -5.5% | Income tax expense for the three months ended June 30, 2026: $610 million (compared with $209 million in Q2 2025). |