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BOOKING HOLDINGS B. Р a P K Booking Holdings Reports Financial Results for 3rd Quarter 2021 NORWALK , CT - November 3 , 2021. . . Booking Holdings Inc. ( NASDAQ : BKNG ) today reported its 3rd quarter 2021 financial results . Third quarter gross travel bookings for Booking Holdings Inc. ( the " Company , " " Booking Holdings , " " we , " " our " or " us " ) , which refers to the total dollar value , generally inclusive of taxes and fees , of all travel services booked by its customers , net of cancellations , were $ 23.7 billion , an increase of 77 % from the prior year quarter ( approximately a 75 % increase on a constant - currency basis ) . Room nights booked in the 3rd quarter increased 44 % from the prior year quarter . The Company's results for the three and nine months ended September 30 , 2021 and 2020 have been materially and negatively impacted due to the COVID - 19 pandemic and the resulting economic conditions and government restrictions . Booking Holdings ' total revenues for the 3rd quarter of 2021 were $ 4.7 billion , a 77 % increase from the prior year quarter ( approximately a 76 % increase on a constant - currency basis ) . Net income for the 3rd quarter of 2021 was $ 769 million , a 4 % decrease from the prior year quarter . The results for the 3rd quarter of 2021 include net losses of $ 1.0 billion on equity securities with readily determinable fair values while the results for the 3rd quarter of 2020 include net gains of $ 730 million on equity securities with readily determinable fair values . Additionally , the Company recorded an impairment charge of $ 573 million related to OpenTable and KAYAK goodwill in the 3rd quarter of 2020. Net income in the 3rd quarter of 2021 was $ 18.60 per diluted common share , a 5 % decrease from the prior year quarter . Non - GAAP net income in the 3rd quarter of 2021 was $ 1.6 billion , a 209 % increase from the prior year quarter . Non - GAAP net income per diluted common share in the 3rd quarter of 2021 was $ 37.70 , a 207 % increase from the prior year quarter . Non - GAAP net income for both periods includes adjustments to exclude net gains or losses on equity securities with readily determinable fair values and foreign currency transaction gains or losses on the remeasurement of Euro - denominated debt that was not designated as a hedging instrument . Additionally , non GAAP net income includes an adjustment to exclude the goodwill impairment in the 3rd quarter of 2020. Adjusted EBITDA for the 3rd quarter of 2021 was $ 2.1 billion , a 111 % increase from the prior year quarter . The section below under the heading " Non - GAAP Financial Measures " provides definitions and information about the use of non - GAAP financial measures in this press release and the attached financial and statistical supplement reconciles non - GAAP financial results with Booking Holdings ' financial results under GAAP . " We are pleased to report another quarter of sequential improvement in room night trends , which was primarily driven by better results in Europe . Revenue in our seasonally strongest third quarter was $ 4.7 billion , which was more than double the amount of revenue we recognized in the second quarter of 2021 , " said Glenn Fogel , Chief Executive Officer of Booking Holdings . " We are encouraged by the signs of recovery we saw in many parts of the world in the third quarter , and our teams are working hard to continue to strengthen our company's position and execute against our strategic priorities . " 1