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Despegar (DESP) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-31$706.04M31.24%
2022-12-31$537.97M66.64%
2021-12-31$322.84M145.82%
2020-12-31$131.33M-74.98%
2019-12-31$524.88M-1.08%
2018-12-31$530.61M1.27%
2017-12-31$523.94M27.43%
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

DateRevenueChange
2024-03-31$173.66M-14.73%
2023-12-31$203.66M14.32%
2023-09-30$178.15M7.63%
2023-06-30$165.52M4.30%
2023-03-31$158.71M9.05%
2022-12-31$145.54M-0.04%
2022-09-30$145.60M8.31%
2022-06-30$134.42M19.58%
2022-03-31$112.41M-9.75%
2021-12-31$124.56M49.41%
2021-09-30$83.37M32.19%
2021-06-30$63.07M21.64%
2021-03-31$51.85M-2.62%
2020-12-31$53.25M353.54%
2020-09-30$11.74M-220.61%
2020-06-30$-9.73M-112.79%
2020-03-31$76.08M-47.76%
2019-12-31$145.63M10.28%
2019-09-30$132.05M15.74%
2019-06-30$114.09M-14.29%
2019-03-31$133.11M0.45%
2018-12-31$132.51M9.29%
2018-09-30$121.25M-5.47%
2018-06-30$128.26M-13.68%
2018-03-31$148.59M3.18%
2017-12-31$144.01M9.54%
2017-09-30$131.47M6.48%
2017-06-30$123.46M-1.23%
2017-03-31$125.00M12.45%
2016-12-31$111.16M4.78%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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

CountryDec 23Dec 22Dec 21Dec 20Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
TCOMTrip.com Group$44.51B$11.90B
BKNGBooking$21.36B$7.99B
EXPEExpedia Group$12.84B$4.06B
YTRAYatra Online$3.83B$1.11B
TNLTravel + Leisure$3.75B$993.00M
TRIPTripadvisor$1.79B$497.00M
MMYTMakeMyTrip$782.52M$202.89M
DESPDespegar$706.04M$173.66M
LINDLindblad Expeditions$569.54M$206.00M
TOURTuniu$441.27M$107.96M
MONDMondee$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.