- Revenue: $3.18B, +10% YoY
- Booked room nights grew 12% YoY to 86.4M
- B2C and B2B gross bookings growth accelerated 5 points to 9% and 24% respectively
CEO Ariane Gorin: "Our fourth quarter results exceeded our expectations and reflect continued strong execution and better-than-expected travel demand. All three of our core consumer brands achieved bookings growth and we further accelerated growth in our B2B business."
🌱Revenue & Growth
- Total gross bookings: $24.4B, +13% YoY
- B2C revenue: $2.08B, +6% YoY
- B2B revenue: $1.04B, +21% YoY
- Lodging revenue: $2.54B, +10% YoY
- Air revenue: $98M, +12% YoY
💰Profits & Financials
- Operating income: $216M, +109% YoY
- Net income: $299M, +124% YoY
- Adjusted EBITDA: $643M, +21% YoY
- Free cash flow: $7M vs -$415M in Q4 2023
- Diluted EPS: $2.20, +139% YoY
📌Business Highlights
- Repurchased over 12M shares for $1.6B in 2024
- Reinstated quarterly dividend of $0.40 per share
- Lodging gross bookings grew 12% YoY to $17.2B