Revenue: As of FY2025 Q1, the actual value is USD 4.762 B, beating the estimate of USD 4.59 B.EPS: As of FY2025 Q1, the actual value is USD 10.07, missing the estimate of USD 16.239.<h3>Segment Revenue</h3><ul><li>Merchant Revenues: $2,918 million for Q1 2025, up from $2,388 million in Q1 2024, representing a 22.2% increase.</li><li>Agency Revenues: $1,564 million for Q1 2025, down from $1,763 million in Q1 2024, representing an 11.3% decrease.</li><li>Advertising and Other Revenues: $280 million for Q1 2025, up from $264 million in Q1 2024, representing a 6.0% increase.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: $333 million for Q1 2025, down from $776 million in Q1 2024.</li><li>Operating Income: $1,062 million for Q1 2025, up from $791 million in Q1 2024.</li><li>Operating Expenses: Total operating expenses were $3,700 million for Q1 2025, up from $3,624 million in Q1 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: $3,283 million for Q1 2025, up from $2,704 million in Q1 2024.</li><li>Net Cash Used in Investing Activities: - $118 million for Q1 2025, compared to $69 million provided in Q1 2024.</li><li>Net Cash Used in Financing Activities: - $3,967 million for Q1 2025, compared to $784 million provided in Q1 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Room Nights: 319 million for Q1 2025, up from 297 million in Q1 2024, representing a 7.2% increase.</li><li>Rental Car Days: 22 million for Q1 2025, up from 21 million in Q1 2024, representing a 7.7% increase.</li><li>Airline Tickets: 16 million for Q1 2025, up from 11 million in Q1 2024, representing a 44.8% increase.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company expects growth in room nights between 4% and 6% for Q2 2025, with growth in gross bookings between 10% and 12% on a reported basis and between 6% and 8% on a constant currency basis.</li><li>Non-Core Business: The company continues to implement its Transformation Program, aiming for $400 to $450 million in annual run rate savings over the next three years.</li></ul><h3>Priority</h3><ul><li>Operating Income: Expected to increase on both a reported basis and a constant currency basis for Q2 2025.</li></ul>

Booking | 10-Q: FY2025 Q1 Revenue Beats Estimate at USD 4.762 B