NASDAQ$BKNG

Booking Holdings Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Booking Holdings reported financial results, showing significant improvement in booking trends driven by stronger results in Europe and the U.S.

Booking Holdings' Q2 2021 results showed significant recovery with gross travel bookings increasing by 852% year-over-year to $22.0 billion and total revenues increasing by 243% to $2.2 billion. However, the company reported a net loss of $167 million, influenced by a loss on early extinguishment of debt and expenses related to returning government aid.

  • Gross travel bookings increased by 852% year-over-year to $22.0 billion.
  • Total revenues increased by 243% year-over-year to $2.2 billion.
  • Room nights booked increased by 458% compared to the prior year quarter.
  • The company reported a net loss of $167 million, influenced by a loss on early extinguishment of debt and expenses related to returning government aid.

Headline financials

Total Revenue

$2.16B

Previous: $630M+242.9%
EPS (adj)

-$2.55

Previous: -$10.81+76.4%
Room Nights

157.0M

Previous: 28.0M+460.7%
Rental Car Days

13.0M

Previous: 2.0M+550.0%
Airline Tickets

4.0M

Previous: 1.0M+300.0%
Total Gross Bookings

$22B

Previous: $2.31B+852.1%
Capital Expenditures

-$124M

Previous: -$150M+17.3%
Free Cash Flow

-$291M

Previous: -$28M-939.3%
Net Income

-$167M

Previous: $122M-236.9%
Operating Income

-$56M

Previous: -$484M+88.4%
Gross Profit

$2.16B

Previous: $630M+242.9%
Cash & Equivalents

$11.2B

Previous: $10.4B+7.9%
Total Assets

$23.9B

Previous: $20.9B+14.2%

Revenue & EPS history

Booking · Revenue · Quarterly

$2.16B

Q2 2021+242.9%vs Q2 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Booking · $2.16B total across 3 segments · Q2 2021

  • Agency Revenue
    $1.33B+272.0%
  • Merchant Revenue
    $661M+169.8%
  • Advertising & Other
    $171M+510.7%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.4%

Avg return

Earnings day

-0.0%

Avg return

5 days after

+2.2%

Avg return

30 days after

57%

40 / 70 earnings

Positive

+26.9%

Q4 2009

Best reaction

-15.5%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.6%-4.5%-3.5%
Q4 2025-5.7%-4.7%+1.3%
Q3 2025-4.4%-1.8%-4.0%
Q2 2025+0.4%-2.1%+0.1%
Q1 2025+3.9%+5.7%+12.4%
Q4 2024-0.5%+0.3%-8.0%
Q3 2024+5.6%+7.9%+17.5%
Q2 2024-10.4%-8.0%+5.2%
Q1 2024+4.7%+5.6%+10.6%
Q4 2023-6.3%-7.0%-3.1%
Q3 2023+3.3%+8.9%+14.2%
Q2 2023+6.2%+11.8%+8.0%
Q1 2023-2.9%-0.4%-0.8%
Q4 2022+1.1%+4.0%+3.0%
Q3 2022-3.4%-2.9%+10.4%
Q2 2022-0.5%-0.0%-6.1%
Q1 2022+3.1%-3.9%+10.9%
Q4 2021-8.9%-13.7%-10.7%
Q3 2021-0.7%+7.6%-13.8%
Q2 2021+3.2%+0.9%+7.7%
Q1 2021-4.3%-5.0%-2.8%
Q4 2020-3.7%-1.6%-1.5%
Q3 2020+4.1%+17.2%+24.0%
Q2 2020+1.7%+4.7%+11.2%
Q1 2020+3.8%+0.5%+31.5%
Q4 2019-3.9%+0.1%-27.3%
Q3 2019-6.6%-6.8%-4.1%
Q2 2019+8.6%+7.3%+10.1%
Q1 2019+4.5%+2.4%+1.5%
Q4 2018-11.4%-10.9%-8.9%
Q3 2018+4.0%+3.3%-0.6%
Q2 2018-7.2%-10.3%-7.0%
Q1 2018-3.8%-4.1%-1.2%
Q4 2017+6.7%+6.7%+9.2%
Q3 2017-13.1%-10.4%-9.3%
Q2 2017-6.7%-9.2%-9.7%
Q1 2017-4.2%-4.5%-0.6%
Q4 2016+5.7%+6.3%+9.4%
Q3 2016+10.8%+8.2%+7.2%
Q2 2016+3.1%+2.6%+3.8%
Q1 2016-8.4%
Q4 2015+12.7%
Q3 2015-8.7%
Q2 2015+5.3%
Q1 2015-4.7%
Q4 2014+8.3%
Q3 2014-8.6%
Q2 2014+1.0%
Q1 2014+0.4%
Q4 2013+3.3%
Q3 2013+1.4%
Q2 2013+4.6%
Q1 2013+4.1%
Q4 2012+3.6%
Q3 2012+10.6%
Q2 2012-15.5%
Q1 2012-4.9%
Q4 2011+7.2%
Q3 2011+7.7%
Q2 2011+4.5%
Q1 2010-0.9%
Q1 2011+2.0%
Q1 2009-1.8%
Q4 2008-1.8%
Q4 2010-1.8%
Q3 2010+7.8%
Q3 2009+7.8%
Q2 2010+26.9%
Q2 2009+26.9%
Q4 2009+26.9%

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