Despegar (DESP) Revenue & Revenue Breakdown
Despegar Revenue Highlights
Latest Revenue (Y)
$706.04M
Latest Revenue (Q)
$173.66M
Main Segment (Y)
Commissions and Service Fees
Main Geography (Y)
BRAZIL
Despegar Revenue by Period
Despegar Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $706.04M | 31.24% |
| 2022-12-31 | $537.97M | 66.64% |
| 2021-12-31 | $322.84M | 145.82% |
| 2020-12-31 | $131.33M | -74.98% |
| 2019-12-31 | $524.88M | -1.08% |
| 2018-12-31 | $530.61M | 1.27% |
| 2017-12-31 | $523.94M | 27.43% |
| 2016-12-31 | $411.16M | -2.50% |
| 2015-12-31 | $421.71M | - |
Despegar generated $706.04M in revenue during NA 2023, up 31.24% compared to the previous quarter, and up 133.06% compared to the same period a year ago.
Despegar Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $173.66M | -14.73% |
| 2023-12-31 | $203.66M | 14.32% |
| 2023-09-30 | $178.15M | 7.63% |
| 2023-06-30 | $165.52M | 4.30% |
| 2023-03-31 | $158.71M | 9.05% |
| 2022-12-31 | $145.54M | -0.04% |
| 2022-09-30 | $145.60M | 8.31% |
| 2022-06-30 | $134.42M | 19.58% |
| 2022-03-31 | $112.41M | -9.75% |
| 2021-12-31 | $124.56M | 49.41% |
| 2021-09-30 | $83.37M | 32.19% |
| 2021-06-30 | $63.07M | 21.64% |
| 2021-03-31 | $51.85M | -2.62% |
| 2020-12-31 | $53.25M | 353.54% |
| 2020-09-30 | $11.74M | -220.61% |
| 2020-06-30 | $-9.73M | -112.79% |
| 2020-03-31 | $76.08M | -47.76% |
| 2019-12-31 | $145.63M | 10.28% |
| 2019-09-30 | $132.05M | 15.74% |
| 2019-06-30 | $114.09M | -14.29% |
| 2019-03-31 | $133.11M | 0.45% |
| 2018-12-31 | $132.51M | 9.29% |
| 2018-09-30 | $121.25M | -5.47% |
| 2018-06-30 | $128.26M | -13.68% |
| 2018-03-31 | $148.59M | 3.18% |
| 2017-12-31 | $144.01M | 9.54% |
| 2017-09-30 | $131.47M | 6.48% |
| 2017-06-30 | $123.46M | -1.23% |
| 2017-03-31 | $125.00M | 12.45% |
| 2016-12-31 | $111.16M | 4.78% |
| 2016-09-30 | $106.09M | - |
Despegar generated $173.66M in revenue during Q1 2024, up -14.73% compared to the previous quarter, and up 119.32% compared to the same period a year ago.
Despegar Revenue Breakdown
Despegar Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Advertising | $20.59M | $16.17M | $10.23M | $5.04M | - |
| Other Segment | $-1.30M | $7.64M | $7.72M | $8.35M | - |
| Interest Revenue | $9.27M | $4.11M | - | - | - |
| Incentives | $43.00M | $39.86M | $28.66M | $17.04M | - |
| Destination Services | $25.12M | $14.07M | $7.96M | - | - |
| Commissions and Service Fees | $607.25M | $455.79M | $268.27M | $100.91M | - |
| Air Segment | - | - | - | - | $201.64M |
| Packages, Hotels and Other Travel Products Segment | - | - | - | - | $323.24M |
Despegar's latest annual revenue breakdown by segment (product or service), as of Dec 23: Commissions and Service Fees (86.27%), Incentives (6.11%), Destination Services (3.57%), Advertising (2.93%), Interest Revenue (1.32%), and Other Segment (-0.18%).
Despegar Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| ARGENTINA | $118.24M | $75.14M | $44.79M | $16.11M | $98.95M |
| URUGUAY | $116.36M | $98.25M | $43.43M | $9.24M | $131.16M |
| Other Countries | $111.45M | $103.89M | $64.71M | $29.89M | $135.09M |
| MEXICO | $129.68M | $116.27M | $94.28M | $30.80M | - |
| BRAZIL | $230.31M | $144.42M | $75.63M | $45.29M | $159.68M |
Despegar's latest annual revenue breakdown by geography, as of Dec 23: BRAZIL (32.62%), MEXICO (18.37%), ARGENTINA (16.75%), URUGUAY (16.48%), and Other Countries (15.79%).
Despegar Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TCOM | Trip.com Group | $44.51B | $11.90B |
| BKNG | Booking | $21.36B | $5.86B |
| EXPE | Expedia Group | $12.84B | $3.56B |
| YTRA | Yatra Online | $3.83B | $1.11B |
| TNL | Travel + Leisure | $3.75B | $985.00M |
| TRIP | Tripadvisor | $1.79B | $395.00M |
| MMYT | MakeMyTrip | $782.52M | $202.89M |
| DESP | Despegar | $706.04M | $173.66M |
| LIND | Lindblad Expeditions | $569.54M | $136.50M |
| TOUR | Tuniu | $441.27M | $107.96M |
| MOND | Mondee | $222.28M | $58.33M |
DESP Revenue FAQ
What is Despegar’s yearly revenue?
Despegar's yearly revenue for 2023 was $706.04M, representing an increase of 31.24% compared to 2022. The company's yearly revenue for 2022 was $537.97M, representing an increase of 66.64% compared to 2021. DESP's yearly revenue for 2021 was $322.84M, representing an increase of 145.82% compared to 2020.
What is Despegar’s quarterly revenue?
Despegar's quarterly revenue for Q1 2024 was $173.66M, a -14.73% decrease from the previous quarter (Q4 2023), and a 9.42% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $203.66M, a 14.32% increase from the previous quarter (Q3 2023), and a 39.93% increase year-over-year (Q4 2022). DESP's quarterly revenue for Q3 2023 was $178.15M, a 7.63% increase from the previous quarter (Q2 2023), and a 22.36% increase year-over-year (Q3 2022).
What is Despegar’s revenue growth rate?
Despegar's revenue growth rate for the last 3 years (2021-2023) was 118.69%, and for the last 5 years (2019-2023) was 34.52%.
What are Despegar’s revenue streams?
Despegar's revenue streams in c 23 are Advertising, Other Segment, Interest Revenue, Incentives, Destination Services, and Commissions and Service Fees. Advertising generated $20.59M in revenue, accounting 2.93% of the company's total revenue, up 27.39% year-over-year. Other Segment generated $-1.3M in revenue, accounting -0.18% of the company's total revenue, down -117.01% year-over-year. Interest Revenue generated $9.27M in revenue, accounting 1.32% of the company's total revenue, up 125.38% year-over-year. Incentives generated $43M in revenue, accounting 6.11% of the company's total revenue, up 7.88% year-over-year. Destination Services generated $25.12M in revenue, accounting 3.57% of the company's total revenue, up 78.49% year-over-year. Commissions and Service Fees generated $607.25M in revenue, accounting 86.27% of the company's total revenue, up 33.23% year-over-year.
What is Despegar’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Despegar was Commissions and Service Fees. This segment made a revenue of $607.25M, representing 86.27% of the company's total revenue.