Booking Holdings says Q4 room nights exceeded high end of expectations

Sees top line growth of approximately 100 basis points ahead of long-term growth algorithm, while keeping bottom line performance firmly in line with that framework. Says sees additional opportunities to further strengthen the genius offering in 2026. Says generative AI accelerating the pace of innovation. Says Q4 room nights exceeded the high end of expectations, driven by healthy demand across all major regions. Says foreign exchange benefited fourth quarter growth rates by approximately 500 basis points. Says large language models increasingly create new top of funnel entry points for travel and generative AI drives. Comments taken from Q4 earnings conference call.