Booking Holdings (BKNG) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to the prior quarter and the same quarter last year. The growth rate versus the prior quarter was higher than the growth rate versus the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to the prior quarter and the same quarter last year. The growth rate versus the prior quarter was higher than the growth rate versus the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.3B
Revenue reported for this quarter.
Quarter-over-quarter
+34.4%
Change from the immediately preceding quarter.
Year-over-year
+21.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $4B | +35.8% |
| Mar 31, 2023 | $3.8B | +40.2% |
| Jun 30, 2023 | $5.5B | +27.2% |
| Sep 30, 2023 | $7.3B | +21.3% |
Revenue performance
The reported revenue was higher than in the immediately preceding quarter, continuing an upward trend over the past several quarters.
Quarterly comparison
Compared with the same quarter last year, revenue rose. The sequential increase from the prior quarter was also notable, reflecting a stronger quarter-over-quarter performance relative to the year-over-year gain.
What to watch
Revenue levels continue to rise quarter over quarter, but the year-ago comparison shows a slower growth rate than the recent sequential change.