Loading...
•
Jun 30, 2023
Booking Q2 2023 Earnings Report
Booking's financial results for the second quarter of 2023 were reported, showing growth in gross travel bookings, room nights, total revenues, and net income.
Key Takeaways
Booking Holdings reported a strong second quarter in 2023, with gross travel bookings reaching $39.7 billion, a 15% increase year-over-year. Total revenues increased by 27% to $5.5 billion, and net income rose by 51% to $1.3 billion. The company saw robust leisure travel demand, driving stronger than expected room nights and gross bookings results.
Gross travel bookings increased by 15% to $39.7 billion.
Room nights booked increased by 9% year-over-year.
Total revenues increased by 27% to $5.5 billion.
Net income increased by 51% to $1.3 billion.
Revenue by Segment
Forward Guidance
The company anticipates a record summer travel season in the third quarter and is excited about its generative AI-enabled travel assistants at Priceline and Booking.com.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...