| Stage | ABNB | % of rev | BKNG | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.9B | 100.00% | $8.9B | 100.00% | BKNG ×1.83 |
| Gross profit | $4.2B | 86.63% | $8.9B | 100.00% | BKNG +13.4pp |
| Operating income | $2.0B | 41.51% | $3.4B | 38.43% | ABNB +3.1pp |
| Pre-tax income | $2.2B | 44.63% | $3.4B | 38.49% | ABNB +6.1pp |
| Net income | $1.9B | 38.82% | $2.7B | 30.55% | ABNB +8.3pp |
| Stage | ABNB | BKNG | Gap · A − B |
|---|---|---|---|
| Revenue | $4.9B100.00% | $8.9B100.00% | BKNG ×1.83 |
| Gross profit | 86.63%$4.2B | 100.00%$8.9B | BKNG +13.4pp |
| Operating income | 41.51%$2.0B | 38.43%$3.4B | ABNB +3.1pp |
| Pre-tax income | 44.63%$2.2B | 38.49%$3.4B | ABNB +6.1pp |
| Net income |
| 38.82%$1.9B |
| 30.55%$2.7B |
| ABNB +8.3pp |