Similar companies
Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 3.56B | 27.7% |
| Gross Profit | 1.19B | 125% |
| Cost of Revenue | 2.37B | 4.9% |
| Operating expense | 2.01B | 5.1% |
| Net Income | 386M | 385.9% |
| EBITDA | 466M | 705.2% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 25.9B | 4.6% |
| Total Liabilities | 25B | 4.7% |
| Total Equity | 889M | 0.1% |
| Shares Outstanding | 125M | 2.1% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.5B | 47.9% |
| Cash from investing | -209M | 12.9% |
| Cash from financing | -518M | 17.9% |
EPS
Financial Highlights for Expedia in Q2 '24
Expedia reported a revenue of 3.56B, which is a 27.7% 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 1.19B, marking a 125% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.37B, a 4.9% 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 2.01B, showing a 5.1% 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 386M, showing a 385.9% 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 466M, showing a 705.2% 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 Expedia with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
