Booking Holdings Inc. BKNG Income Statement

Booking holdings inc. (BKNG)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues
2,288	3,339	5,040	3,850	2,837	3,213	4,849	3,537	2,928	2,803	4,434	3,024	2,419	2,348	3,690	2,555	2,148	1,999	3,102	2,280	1,840	1,840	2,836	2,123	1,641	1,541	2,269	1,680	1,302	1,190	1,706	1,326	1,037	990	1,452	1,102	809	731	1,001	767	584	730	603
Cost of revenues
-	-	-	-	-	-	-	-	-	39	54	67	80	58	101	126	128	120	155	187	168	165	216	240	235	207	280	296	292	250	309	322	293	266	352	353	303	252	335	322	265	296	298
Gross profit
-	-	-	-	-	-	-	-	-	2,763	4,379	2,957	2,339	2,289	3,589	2,429	2,019	1,879	2,947	2,092	1,672	1,674	2,619	1,882	1,406	1,333	1,989	1,383	1,009	939	1,396	1,004	743	724	1,100	749	505	478	666	445	319	434	305
Operating expenses:
Marketing expenses
851	-	-	-	1,193	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Performance marketing
-	-	1,291	1,192	-	885	1,314	1,142	1,106	796	1,231	1,151	982	738	1,040	920	779	561	784	758	633	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Brand marketing
-	-	124	175	-	124	160	124	101	97	125	130	80	72	72	112	69	54	67	78	73	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and other expenses
377	216	276	248	215	218	243	203	166	134	151	121	109	99	124	105	92	83	93	94	81	85	86	75	64	58	65	59	52	49	52	47	45	39	47	41	34	30	33	28	24	24	20
Advertising Online
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	699	639	520	399	533	463	403	306	375	314	277	217	279	236	185	133	172	132	113	115	90
Advertising Offline
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	71	58	53	27	39	32	27	5	8	9	11	6	8	9	11	6	7	10	11	8	11
Personnel, including stock-based compensation of $6 and $74, respectively
484	562	566	619	501	484	537	522	499	439	483	385	351	361	347	332	308	312	305	289	258	274	259	221	194	212	186	165	134	122	135	108	100	96	94	85	75	75	82	62	49	50	44
General and administrative
201	201	225	180	191	194	183	159	163	153	142	143	135	111	114	112	113	106	109	98	100	90	97	91	72	74	63	64	50	50	42	39	40	36	31	29	25	24	15	22	18	19	14
Information technology
78	79	71	70	65	56	58	59	60	56	47	44	39	37	36	35	32	32	28	27	25	25	24	24	23	23	18	16	13	11	10	10	10	10	8	8	6	6	5	4	4	4	4
Depreciation and amortization
117	117	117	119	116	109	107	107	103	97	95	85	83	79	78	77	72	70	69	67	65	71	57	40	38	37	35	26	19	17	16	15	15	13	13	13	12	12	12	10	9	10	9
Impairment of goodwill
489	-	-	-	0	-	-	-	-	-	-	-	-	-	940	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
2,597	2,167	2,670	2,603	2,281	2,070	2,602	2,316	2,198	1,776	2,278	2,063	1,782	1,499	2,755	1,697	1,469	1,221	1,458	1,414	1,238	1,095	1,297	1,149	967	832	942	829	699	565	640	545	501	420	483	424	351	289	329	272	231	233	195
Operating (loss) income
-309	1,172	2,370	1,247	556	1,143	2,247	1,221	730	986	2,101	893	556	790	833	732	550	657	1,488	678	433	578	1,322	733	438	500	1,046	554	309	374	755	458	241	303	616	324	154	188	336	173	87	200	109
Other income (expense):
Interest income
32	39	44	34	35	46	48	46	47	46	41	36	31	29	24	21	20	16	14	13	11	8	2	1	1	1	0	1	0	0	0	1	1	2	2	2	1	1	0	0	0	0	0
Interest expense
64	62	70	68	66	66	68	65	70	71	66	60	55	55	55	50	46	43	41	41	33	30	22	17	17	22	24	19	17	16	17	16	11	8	7	7	7	7	8	9	4	5	6
Impairment of investment
100	-	-	-	0	-	-	-	-	-	-	-	-	-0	0	12	50	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized gains on marketable equity securities
-307	326	-49	17	451	-474	31	21	55	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency transactions and other
-26	55	-68	23	8	17	18	13	9	20	10	6	5	1	4	-1	12	14	5	1	4	5	-3	1	5	35	3	0	-2	17	-8	3	-2	1	0	-2	-7	-1	-10	1	-3	-1	-3
Total other (expense) income
-413	248	-7	-40	412	-511	-7	-11	23	-45	-34	-30	-28	-27	-35	-39	-89	-41	-32	-29	-26	-26	-17	-17	-22	-50	-26	-19	-19	-18	-24	-12	-12	-5	-4	-8	-13	-8	-18	-7	-7	-6	-9
(Loss) income before income taxes
-722	1,420	2,363	1,207	968	632	2,240	1,210	753	941	2,066	863	527	762	797	692	460	616	1,456	648	407	552	1,305	715	416	450	1,020	535	290	356	731	445	228	298	611	316	140	180	318	165	80	194	99
Income tax (benefit) expense
-23	249	413	228	203	-14	473	232	146	1,496	346	142	71	88	291	111	86	112	259	131	73	100	243	139	84	72	187	98	46	66	131	93	47	72	138	60	36	45	94	51	26	-124	32
Equity in income of investees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,062	576	331	378	832	437	244	289	599	352	181	225	472	256	104	135	224	114	53	318	67
Less: net income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	3	0	-0	0	3	-0	-0	-	1	-0	-	-	-
Net Income (Loss) Available to Common Stockholders, Basic
-699	1,171	1,950	979	765	646	1,767	978	607	-555	1,720	720	455	673	506	580	374	504	1,196	517	333	-	-	-	-	378	832	437	244	288	596	352	181	225	469	256	104	135	222	114	53	318	67
Net income applicable to common stockholders per basic common share (in dollars per share)
-17.01	27.29	46.01	22.62	17.01	13.97	37.39	20.34	12.56	-11.26	35.12	14.66	9.26	13.65	10.24	11.71	7.54	9.98	23.67	10.02	6.42	8.68	20.27	11.00	6.35	7.44	16.22	8.62	4.89	5.79	11.97	7.07	3.65	4.56	9.43	5.16	2.12	2.84	4.59	2.41	1.16	7.49	1.61
Weighted-average number of basic common shares outstanding (in shares)
41	41	42	43	45	46	47	48	48	48	48	49	49	49	49	49	49	49	50	51	51	52	52	52	52	51	51	50	49	49	49	49	49	49	49	49	49	49	48	47	46	42	41
Net income applicable to common stockholders per diluted common share (in dollars per share)
-17.01	26.99	45.54	22.44	16.85	13.77	37.02	20.13	12.34	-11.07	34.43	14.39	9.11	13.45	10.13	11.60	7.47	9.74	23.41	9.94	6.36	8.50	20.03	10.89	6.25	7.24	15.72	8.39	4.76	5.58	11.66	6.88	3.54	4.39	9.17	5.02	2.05	2.62	4.41	2.26	1.06	6.42	1.38
Weighted-average number of diluted common shares outstanding (in shares)
41	42	42	43	45	46	47	48	49	49	49	50	50	50	49	50	50	50	51	52	52	53	53	52	53	53	52	52	51	51	51	51	51	51	51	51	51	51	50	50	50	49	48
Agency revenues
Revenues
1,424	2,126	3,435	2,607	1,949	2,259	3,541	2,567	2,113	2,072	3,523	2,332	1,785	1,736	2,892	1,852	1,500	1,400	2,345	1,582	1,199	1,230	2,099	1,474	1,041	999	1,576	1,064	769	715	1,118	771	537	542	876	569	351	345	504	317	213	323	204
Merchant revenues
Revenues
659	955	1,313	959	603	701	1,050	710	526	508	684	498	442	439	620	517	470	445	596	546	494	478	613	567	526	481	620	580	528	472	584	551	496	445	573	530	454	382	494	446	368	400	392
Advertising and other revenues
Revenues
205	258	292	284	285	253	258	260	289	221	226	194	192	172	177	185	178	153	160	152	146	131	123	81	73	59	72	35	3	3	3	3	3	2	2	3	3	3	3	3	2	7	6