Booking Holdings (BKNG) Revenue — Quarter Ended Dec 31, 2023
Booking Holdings reported a decline in revenue for the quarter compared to the immediately preceding quarter, while revenue increased from the same quarter one year earlier. The company's filing discusses foreign currency exchange rate fluctuations as a factor that can affect financial results.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Booking Holdings reported a decline in revenue for the quarter compared to the immediately preceding quarter, while revenue increased from the same quarter one year earlier. The company's filing discusses foreign currency exchange rate fluctuations as a factor that can affect financial results.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.8B
Revenue reported for this quarter.
Quarter-over-quarter
-34.8%
Change from the immediately preceding quarter.
Year-over-year
+18.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.4B
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 |
|---|---|---|
| Mar 31, 2023 | $3.8B | +40.2% |
| Jun 30, 2023 | $5.5B | +27.2% |
| Sep 30, 2023 | $7.3B | +21.3% |
| Dec 31, 2023 | $4.8B | +18.2% |
Revenue performance
Revenue for the quarter was lower than the prior quarter, but higher than the same quarter a year ago.
Quarterly comparison
Compared to the preceding quarter, revenue decreased, reflecting a typical seasonal pattern; compared to the same quarter last year, revenue increased.
What to watch
Foreign currency exchange rate movements remain a factor to monitor, as the company's filing highlights their potential impact on results.