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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 7.99B | 36.4% |
| Gross Profit | 4.25B | 48.5% |
| Cost of Revenue | 3.75B | 25% |
| Operating expense | 4.82B | 20.3% |
| Net Income | 2.52B | 65.5% |
| EBITDA | 3.33B | 66.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 28B | 2% |
| Total Liabilities | 31.6B | 3.6% |
| Shares Outstanding | 33M | 1.3% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 2.37B | 6% |
| Cash from investing | -2M | 101.5% |
| Cash from financing | -3.17B | 61% |
EPS
Financial Highlights for Booking.com in Q3 '24
Booking.com reported a revenue of 7.99B, which is a 36.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 4.25B, marking a 48.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.75B, a 25% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 4.82B, showing a 20.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 2.52B, showing a 65.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 3.33B, showing a 66.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Booking.com with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
