Booking Q1 2024 Earnings Report
Key Takeaways
Booking Holdings reported a strong start to 2024, with significant year-over-year growth in room nights, revenue, and operating income. Gross travel bookings reached $43.5 billion, a 10% increase from the prior-year quarter. Total revenues increased by 17% to $4.4 billion, and net income saw a substantial rise of 192% to $776 million.
Gross travel bookings increased by 10% year-over-year, reaching $43.5 billion.
Room nights booked grew by 9% compared to the prior-year quarter.
Total revenues increased by 17% year-over-year, totaling $4.4 billion.
Net income increased significantly by 192% year-over-year, reaching $776 million.
Booking
Booking
Booking Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income