Booking Holdings Inc. (BKNG)

Income Statement

Difficulty: Beginner

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Booking Holdings Inc., Consolidated Income Statement

USD $ in millions

	12 months ended	Dec 31, 2018		Dec 31, 2017		Dec 31, 2016		Dec 31, 2015		Dec 31, 2014
	Agency revenues
	Merchant revenues
	Advertising and other revenues
	Revenues
	Cost of revenues
	Gross profit
	Performance advertising
	Brand advertising
	Sales and other expenses
	Personnel, including stock-based compensation
	General and administrative
	Information technology
	Depreciation and amortization
	Impairment of goodwill
	Operating expenses
	Operating income
	Interest income
	Interest expense
	Net unrealized losses on marketable equity securities
	Impairment of investments
	Foreign currency transactions and other
	Other income (expense)
	Earnings before income taxes
	Income tax expense
	Net income

Based on: 10-K (filing date: 2019-02-27), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-27), 10-K (filing date: 2016-02-17), 10-K (filing date: 2015-02-19).

Item	Description	The company
Revenues	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	Booking Holdings Inc.’s revenues increased from 2016 to 2017 and from 2017 to 2018.
Operating income	The net result for the period of deducting operating expenses from operating revenues.	Booking Holdings Inc.’s operating income increased from 2016 to 2017 and from 2017 to 2018.
Earnings before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Booking Holdings Inc.’s earnings before income taxes increased from 2016 to 2017 and from 2017 to 2018.
Net income	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Booking Holdings Inc.’s net income increased from 2016 to 2017 and from 2017 to 2018.

	Booking Holdings Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality