Stock Analysis on Net

Booking Holdings Inc. (NASDAQ:BKNG)

Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Booking Holdings Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Merchant revenues 3,336 4,972 3,446 2,388 2,469 3,945 2,770 1,752 1,780 2,614 1,749 1,050 1,040 1,622 661 373 376 837 245 659
Agency revenues 1,864 2,753 2,144 1,763 2,068 3,135 2,429 1,782 2,049 3,203 2,301 1,450 1,751 2,867 1,328 717 810 1,723 357 1,424
Advertising and other revenues 271 269 269 264 247 261 263 244 220 235 244 195 190 187 171 51 52 80 28 205
Revenues 5,471 7,994 5,859 4,415 4,784 7,341 5,462 3,778 4,049 6,052 4,294 2,695 2,981 4,676 2,160 1,141 1,238 2,640 630 2,288
Marketing expenses (1,578) (2,151) (1,939) (1,610) (1,433) (2,022) (1,801) (1,517) (1,314) (1,795) (1,737) (1,147) (974) (1,378) (988) (461) (386) (731) (211) (851)
Sales and other expenses (750) (872) (820) (678) (813) (723) (666) (542) (474) (540) (465) (339) (261) (302) (206) (112) (118) (129) (131) (377)
Personnel, including stock-based compensation (853) (868) (807) (826) (1,032) (788) (752) (722) (598) (636) (635) (596) (485) (591) (686) (552) (491) (517) (452) (484)
General and administrative (163) (575) (112) (186) (575) (387) (304) (289) (307) (262) (207) (158) (188) (179) (134) (119) (128) (148) (104) (201)
Information technology (207) (194) (183) (187) (187) (187) (144) (137) (126) (129) (137) (134) (123) (109) (93) (87) (80) (71) (70) (78)
Depreciation and amortization (157) (155) (142) (137) (134) (129) (121) (120) (124) (109) (107) (111) (98) (102) (108) (113) (114) (115) (112) (117)
Transformation costs (34)
Restructuring, disposal, and other exit activities (1) (2) (1) (1) 239 2 (6) (36) (4) (1) (8) (74) (41) (34)
Impairment of goodwill (573) (489)
Operating expenses (3,742) (4,815) (4,003) (3,624) (4,175) (4,238) (3,789) (3,328) (2,704) (3,469) (3,294) (2,521) (2,133) (2,661) (2,216) (1,452) (1,391) (2,325) (1,114) (2,597)
Operating income (loss) 1,729 3,179 1,856 791 609 3,103 1,673 450 1,345 2,583 1,000 174 848 2,015 (56) (311) (153) 315 (484) (309)
Interest expense (507) (305) (264) (219) (208) (254) (241) (194) (145) (102) (76) (68) (75) (80) (81) (98) (98) (98) (96) (64)
Interest and dividend income 251 327 293 243 237 289 266 228
Other income (expense), net 91 (332) 37 122 (227) 11 (80) (181) 252 (305) 220 (955) 43 (967) 96 131 496 618 789 (349)
Income (loss) before income taxes 1,564 2,869 1,922 937 411 3,149 1,618 303 1,452 2,176 1,144 (849) 816 968 (41) (278) 245 835 209 (722)
Income tax (expense) benefit (496) (352) (401) (161) (189) (638) (328) (37) (217) (510) (287) 149 (198) (199) (126) 223 (410) (34) (87) 23
Net income (loss) 1,068 2,517 1,521 776 222 2,511 1,290 266 1,235 1,666 857 (700) 618 769 (167) (55) (165) 801 122 (699)

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Income statement item Description The company
Revenues Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Booking Holdings Inc. revenues increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Booking Holdings Inc. operating income (loss) increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Booking Holdings Inc. income (loss) before income taxes increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Booking Holdings Inc. net income (loss) increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.