Despegar.com Corp
NYSE:DESP
Income Statement
Earnings Waterfall
Despegar.com Corp
Revenue
|
647.8m
USD
|
Cost of Revenue
|
-217.8m
USD
|
Gross Profit
|
430m
USD
|
Operating Expenses
|
-384.3m
USD
|
Operating Income
|
45.7m
USD
|
Other Expenses
|
-33.9m
USD
|
Net Income
|
11.8m
USD
|
Income Statement
Despegar.com Corp
Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||
Revenue |
422
N/A
|
420
0%
|
416
-1%
|
414
-1%
|
411
-1%
|
438
+6%
|
462
+6%
|
488
+5%
|
524
+7%
|
548
+5%
|
552
+1%
|
542
-2%
|
531
-2%
|
515
-3%
|
501
-3%
|
512
+2%
|
525
+3%
|
468
-11%
|
344
-26%
|
224
-35%
|
131
-41%
|
107
-18%
|
180
+68%
|
252
+40%
|
323
+28%
|
384
+19%
|
455
+19%
|
517
+14%
|
538
+4%
|
584
+9%
|
615
+5%
|
648
+5%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(154)
|
(159)
|
(165)
|
(156)
|
(127)
|
(124)
|
(126)
|
(137)
|
(143)
|
(155)
|
(162)
|
(161)
|
(172)
|
(174)
|
(172)
|
(178)
|
(180)
|
(168)
|
(141)
|
(111)
|
(86)
|
(82)
|
(104)
|
(132)
|
(157)
|
(166)
|
(175)
|
(184)
|
(183)
|
(196)
|
(211)
|
(218)
|
|
Gross Profit |
268
N/A
|
262
-2%
|
252
-4%
|
258
+2%
|
285
+10%
|
313
+10%
|
337
+7%
|
350
+4%
|
382
+9%
|
392
+3%
|
390
-1%
|
381
-2%
|
359
-6%
|
342
-5%
|
329
-4%
|
334
+1%
|
345
+3%
|
300
-13%
|
203
-32%
|
113
-44%
|
46
-59%
|
25
-45%
|
76
+200%
|
120
+57%
|
166
+39%
|
218
+31%
|
280
+28%
|
333
+19%
|
355
+7%
|
389
+9%
|
405
+4%
|
430
+6%
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(322)
|
(297)
|
(266)
|
(262)
|
(249)
|
(260)
|
(280)
|
(295)
|
(310)
|
(322)
|
(322)
|
(322)
|
(313)
|
(312)
|
(323)
|
(337)
|
(354)
|
(341)
|
(301)
|
(254)
|
(219)
|
(205)
|
(219)
|
(241)
|
(257)
|
(283)
|
(311)
|
(339)
|
(357)
|
(378)
|
(374)
|
(384)
|
|
Selling, General & Administrative |
(248)
|
(227)
|
(201)
|
(196)
|
(186)
|
(197)
|
(216)
|
(227)
|
(239)
|
(247)
|
(245)
|
(248)
|
(242)
|
(241)
|
(253)
|
(266)
|
(281)
|
(269)
|
(229)
|
(185)
|
(144)
|
(138)
|
(151)
|
(169)
|
(170)
|
(205)
|
(230)
|
(255)
|
(252)
|
(283)
|
(274)
|
(280)
|
|
Research & Development |
(74)
|
(70)
|
(66)
|
(66)
|
(63)
|
(63)
|
(65)
|
(68)
|
(71)
|
(75)
|
(76)
|
(74)
|
(71)
|
(71)
|
(70)
|
(71)
|
(59)
|
(72)
|
(72)
|
(69)
|
(46)
|
(67)
|
(67)
|
(72)
|
(53)
|
(78)
|
(81)
|
(84)
|
(69)
|
(95)
|
(100)
|
(104)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
|
Operating Income |
(54)
N/A
|
(36)
+34%
|
(15)
+59%
|
(4)
+71%
|
35
N/A
|
54
+52%
|
56
+5%
|
55
-2%
|
71
+29%
|
71
-1%
|
69
-3%
|
60
-13%
|
46
-23%
|
30
-35%
|
6
-79%
|
(3)
N/A
|
(9)
-197%
|
(41)
-362%
|
(98)
-138%
|
(141)
-44%
|
(173)
-23%
|
(180)
-4%
|
(142)
+21%
|
(122)
+15%
|
(91)
+25%
|
(65)
+29%
|
(31)
+53%
|
(7)
+78%
|
(2)
+76%
|
11
N/A
|
31
+194%
|
46
+48%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
(13)
|
(8)
|
(12)
|
(8)
|
(7)
|
(13)
|
(11)
|
(13)
|
(17)
|
(14)
|
(17)
|
(25)
|
(19)
|
(22)
|
(18)
|
(11)
|
(17)
|
(2)
|
9
|
8
|
11
|
(0)
|
(12)
|
(11)
|
(10)
|
(16)
|
(24)
|
(36)
|
(46)
|
(51)
|
(45)
|
(34)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(7)
|
(6)
|
(6)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(67)
N/A
|
(44)
+35%
|
(27)
+39%
|
(13)
+53%
|
28
N/A
|
41
+45%
|
46
+12%
|
43
-7%
|
54
+27%
|
57
+5%
|
52
-10%
|
34
-34%
|
26
-23%
|
8
-69%
|
(12)
N/A
|
(14)
-15%
|
(26)
-93%
|
(43)
-65%
|
(90)
-110%
|
(134)
-49%
|
(164)
-23%
|
(187)
-14%
|
(160)
+15%
|
(138)
+14%
|
(106)
+23%
|
(81)
+24%
|
(55)
+32%
|
(43)
+21%
|
(47)
-9%
|
(41)
+14%
|
(14)
+66%
|
12
N/A
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
(18)
|
(16)
|
(17)
|
(15)
|
(11)
|
(10)
|
(12)
|
(13)
|
(12)
|
(14)
|
(10)
|
(6)
|
(7)
|
(3)
|
(1)
|
(2)
|
5
|
5
|
12
|
17
|
21
|
22
|
20
|
16
|
0
|
(19)
|
(26)
|
(23)
|
(21)
|
2
|
17
|
(0)
|
|
Income from Continuing Operations |
(85)
|
(60)
|
(44)
|
(28)
|
18
|
31
|
33
|
30
|
42
|
43
|
41
|
29
|
19
|
5
|
(13)
|
(15)
|
(21)
|
(38)
|
(79)
|
(117)
|
(143)
|
(165)
|
(140)
|
(122)
|
(106)
|
(99)
|
(81)
|
(66)
|
(69)
|
(38)
|
3
|
12
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(85)
N/A
|
(60)
+30%
|
(44)
+27%
|
(28)
+37%
|
18
N/A
|
31
+72%
|
33
+9%
|
30
-10%
|
42
+40%
|
43
+1%
|
41
-4%
|
29
-31%
|
19
-33%
|
5
-76%
|
(13)
N/A
|
(15)
-17%
|
(21)
-37%
|
(38)
-82%
|
(79)
-107%
|
(117)
-48%
|
(143)
-22%
|
(165)
-16%
|
(139)
+16%
|
(121)
+13%
|
(105)
+13%
|
(98)
+6%
|
(80)
+18%
|
(66)
+18%
|
(69)
-4%
|
(38)
+44%
|
3
N/A
|
12
+321%
|
|
EPS (Diluted) |
-1.27
N/A
|
-0.89
+30%
|
-0.65
+27%
|
-0.42
+35%
|
0.26
N/A
|
0.45
+73%
|
0.49
+9%
|
0.5
+2%
|
0.69
+38%
|
0.62
-10%
|
0.59
-5%
|
0.42
-29%
|
0.27
-36%
|
0.07
-74%
|
-0.19
N/A
|
-0.22
-16%
|
-0.3
-36%
|
-0.55
-83%
|
-1.13
-105%
|
-1.63
-44%
|
-1.95
-20%
|
-2.38
-22%
|
-2.05
+14%
|
-1.93
+6%
|
-1.28
+34%
|
-1.44
-13%
|
-1.46
-1%
|
-1.49
-2%
|
-0.89
+40%
|
-0.49
+45%
|
0.03
N/A
|
0.15
+400%
|