Booking vs. CAVA: Comparing Total Scale and Growth Trajectories in Quarterly Revenue Trends

Booking: Navigating Seasonal Fluctuations Within a Large Base of Quarterly Revenue

Booking (BKNG +2.28%) primarily generates revenue by offering global online reservation services for accommodations, vehicle rentals, flights, vacation packages, and restaurant dining across multiple digital brands aimed at both individual consumers and travel service providers.

While navigating an expanded collective lawsuit from European hospitality associations and updating an organizational restructuring program targeting expense savings, it reported an operating margin of approximately 34% for the quarter ended June 30, 2026.

CAVA: Maintaining a Consistent Upward Trajectory in Total Quarterly Revenue

CAVA (CAVA +4.88%) primarily generates revenue by operating a chain of Mediterranean dining establishments and distributing its branded savory dips, spreads, and signature dressings through various grocery retailers and online food ordering services.

It appointed a new director to its board. It launched an internal career development platform to support future hiring initiatives and reported a free cash flow margin of about 8% for the quarter ended July 12, 2026.

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BKNG & CAVA: Performance Comparison

Key Financial Metrics

BKNG – Booking Holdings

$213.00

+2.28% (+$4.75)

CAVA – Cava Group

$71.57

+4.88% (+$3.33)

Market Cap

$160B

52wk Range

$150.14 – $231.80

Gross Margin

97.47%

P/E Ratio

23.56

EPS (TTM)

$9.04

Dividend & Yield

$30.12 (0.75%)

Market Cap

$8.4B

52wk Range

$43.41 – $98.79

Gross Margin

18.63%

P/E Ratio

127.80

EPS (TTM)

$0.56

Dividend & Yield

N/A

BKNG – Booking Holdings

$213.00

+2.28% (+$4.75)

Market Cap

$160B

52wk Range

$150.14 – $231.80

Gross Margin

97.47%

P/E Ratio

23.56

EPS (TTM)

$9.04

Dividend & Yield

$30.12 (0.75%)

CAVA – Cava Group

$71.57

+4.88% (+$3.33)

Market Cap

$8.4B

52wk Range

$43.41 – $98.79

Gross Margin

18.63%

P/E Ratio

127.80

EPS (TTM)

$0.56

Dividend & Yield

N/A

Why Tracking Quarterly Revenue Matters for Individual Retail Investors

Revenue here refers to the standardized income statement revenue line item, and this foundational financial metric matters because it helps investors clearly understand the total amount of money entering the business before accounting for any operating expenses, taxes, or internal administrative costs.

Comparing Quarterly Revenue for Booking and CAVA Over Recent Quarters

Data source: Company filings. Data as of Aug. 17, 2026.

Foolish Take

Booking is the larger, more established business operating in the massive travel industry. But CAVA’s higher revenue growth rate indicates it is a promising emerging restaurant brand worth considering for long-term investors.

Both companies experience mild fluctuations in quarterly revenue, but year over year, they consistently grow revenue. A better way for investors to measure their performance is to use trailing 12-month figures.

On a TTM basis, both companies experience smoother growth curves. Booking reported TTM revenue of $28 billion through the second quarter, rising 13% year over year. CAVA posted TTM revenue of $1.4 billion, up 27%.

Booking is serving a growing travel industry, and it’s also currently expanding its addressable market with new offerings through its Connected Trip strategy. This means its revenue will likely continue to expand over the next decade, making it difficult for CAVA to reach it.

Investors will want to watch CAVA’s restaurant expansion, as it is early in opening more locations. Its restaurant base is still in the hundreds, and as it scales, its revenue and earnings potential will almost certainly grow.