Analysis of Revenues
Revenues as Reported
Booking Holdings Inc., income statement, revenues
US$ in millions
| 12 months ended: | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 23,739) | 21,365) | 17,090) | 10,958) | 6,796) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
- Revenue Growth Trend
- The annual revenues demonstrate a consistent upward trajectory over the five-year period.
- Detailed Yearly Changes
- From 2020 to 2021, revenues increased by approximately 61.3%, rising from 6,796 million US dollars to 10,958 million US dollars.
- In the subsequent year, 2021 to 2022, the growth rate accelerated significantly, with revenues climbing by roughly 55.9% to reach 17,090 million US dollars.
- Between 2022 and 2023, the revenue increase continued but at a decelerated pace compared to the prior year, growing by about 25.1% to 21,365 million US dollars.
- The period from 2023 to 2024 sustained this positive trend, with revenues rising approximately 11.1% to 23,739 million US dollars.
- Overall Insight
- The data illustrate strong and steady revenue expansion throughout the reviewed period, with particularly rapid growth in the first two years followed by a gradual moderation in growth rate in the more recent years. This pattern may suggest an initial phase of rapid market penetration or business scaling, followed by a maturing phase with more stabilized revenue increases.