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Booking Holdings reported a strong fourth quarter in 2022, with gross travel bookings increasing by 44% and total revenues increasing by 36% compared to the prior-year quarter. Net income saw a significant increase of 100% from the prior-year quarter.
Gross travel bookings increased by 44% to $27.3 billion.
Total revenues increased by 36% to $4.0 billion.
Net income increased by 100% to $1.2 billion.
Room nights booked increased by 39%.
The company is encouraged by the continued strength and resiliency of demand from travelers last year and into the new year.
Visualization of income flow from segment revenue to net income