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Dec 31, 2023
Booking Q4 2023 Earnings Report
Reported strong financial results and announced the initiation of a quarterly dividend.
Key Takeaways
Booking Holdings reported a strong close to 2023 with a 9% year-over-year increase in fourth quarter room nights (11% excluding business associated with Israel). The company reached a milestone of over 1 billion room nights booked in 2023 and achieved record levels of gross bookings, revenue, and operating income.
Gross travel bookings for Q4 2023 were $31.7 billion, a 16% increase year-over-year.
Room nights booked increased by 9% compared to the prior-year quarter.
Total revenues reached $4.8 billion, reflecting an 18% increase from the previous year.
Non-GAAP net income per diluted common share was $32.00, up 29% from the prior-year quarter.
Booking
Booking
Booking Revenue by Segment
Revenue by Segment
Merchant Revenue
CapyFin.comAgency Revenue
CapyFin.comAdvertising & Other Revenue
CapyFin.com Forward Guidance
The company is confident in the long-term growth of leisure travel and the opportunities ahead as they continue to improve their offerings for supply partners and travelers.
Revenue & Expenses
Visualization of income flow from segment revenue to net income