v3.25.1
Segment information - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Total revenues [1] $ 774,061 $ 706,040 $ 537,972
Cost of revenue (206,302) (226,568) (181,500)
Payroll expense (148,996) (159,906) (130,140)
Non payroll expense (98,257) (71,071) (81,273)
Marketing expense (144,469) (131,888) (102,963)
Other segment item (842) (1,060) (164)
Adjusted positive EBITDA 175,195 115,547 41,932
Depreciation and amortization (38,795) (36,510) (36,003)
Stock-based compensation expense (9,901) (3,454) (7,292)
Impairment charges     0
Acquisition transaction costs   0 (390)
Restructuring, reorganization and other exit activities charges (3,370) (11,344) 0
Operating income (loss) 123,129 64,239 (1,753)
Financial results, net (89,072) (36,633) (45,459)
Income / (Loss) before income taxes 34,057 27,606 (47,212)
Income tax expense (6,152) (3,116) (21,309)
Net income / (loss) for the year 27,905 24,490 (68,521)
Net income / (loss) attributable to Despegar.com, Corp. 27,905 24,490 (68,521)
Operating Segments | Air      
Segment Reporting Information [Line Items]      
Total revenues 262,534 257,649 215,782
Cost of revenue (66,996) (81,450) (67,805)
Payroll expense (44,986) (53,320) (44,074)
Non payroll expense (30,441) (31,032) (30,082)
Marketing expense (64,011) (64,364) (51,452)
Other segment item 0 0 0
Adjusted positive EBITDA 41,561 13,172 17,953
Depreciation and amortization (10,511) (9,526) (10,339)
Stock-based compensation expense 0 0 0
Impairment charges     0
Acquisition transaction costs   0 (390)
Restructuring, reorganization and other exit activities charges 0 0 0
Operating income (loss) 31,050 3,646 7,224
Operating Segments | Packages, Hotels and Other Travel Products      
Segment Reporting Information [Line Items]      
Total revenues 493,950 437,010 317,748
Cost of revenue (112,130) (119,601) (94,927)
Payroll expense (88,567) (92,419) (79,759)
Non payroll expense (63,573) (38,047) (45,844)
Marketing expense (80,350) (67,491) (51,408)
Other segment item (842) (1,060) (164)
Adjusted positive EBITDA 129,477 103,172 42,257
Depreciation and amortization (14,632) (11,673) (12,516)
Stock-based compensation expense 0 0 0
Impairment charges     0
Acquisition transaction costs   0 0
Restructuring, reorganization and other exit activities charges (613) (4,546) 0
Operating income (loss) 114,232 86,953 29,741
Operating Segments | Financial Services      
Segment Reporting Information [Line Items]      
Total revenues 17,577 11,381 4,442
Cost of revenue (27,176) (25,517) (18,768)
Payroll expense (15,443) (14,167) (6,307)
Non payroll expense (4,243) (1,992) (5,347)
Marketing expense (108) (33) (103)
Other segment item 0 0 0
Adjusted positive EBITDA 4,157 (797) (18,278)
Depreciation and amortization (3,430) (1,202) (71)
Stock-based compensation expense 0 0 0
Impairment charges     0
Acquisition transaction costs   0 0
Restructuring, reorganization and other exit activities charges 0 0 0
Operating income (loss) 727 (1,999) (18,349)
Intersegment Eliminations      
Segment Reporting Information [Line Items]      
Total revenues (33,550) (29,531) (7,805)
Cost of revenue 33,550 29,531 7,805
Payroll expense 0 0 0
Non payroll expense 0 0 0
Marketing expense 0 0 0
Other segment item 0 0 0
Adjusted positive EBITDA 0 0 0
Depreciation and amortization 0 0 0
Stock-based compensation expense 0 0 0
Impairment charges     0
Acquisition transaction costs   0 0
Restructuring, reorganization and other exit activities charges 0 0 0
Operating income (loss) 0 0 0
Intersegment Eliminations | Air      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Cost of revenue (14,539) (14,311) (4,416)
Intersegment Eliminations | Packages, Hotels and Other Travel Products      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Cost of revenue (19,011) (15,220) (3,389)
Intersegment Eliminations | Financial Services      
Segment Reporting Information [Line Items]      
Total revenues (33,550) (29,531) (7,805)
Cost of revenue 0 0 0
Reportable Legal Entities | Air      
Segment Reporting Information [Line Items]      
Total revenues 262,534 257,649 215,782
Reportable Legal Entities | Packages, Hotels and Other Travel Products      
Segment Reporting Information [Line Items]      
Total revenues 493,950 437,010 317,748
Reportable Legal Entities | Financial Services      
Segment Reporting Information [Line Items]      
Total revenues 51,127 40,912 12,247
Corporate      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Cost of revenue 0 0 0
Payroll expense 0 0 0
Non payroll expense 0 0 0
Marketing expense 0 0 0
Other segment item 0 0 0
Adjusted positive EBITDA 0 0 0
Depreciation and amortization (10,222) (14,109) (13,077)
Stock-based compensation expense (9,901) (3,454) (7,292)
Impairment charges     0
Acquisition transaction costs   0 0
Restructuring, reorganization and other exit activities charges (2,757) (6,798) 0
Operating income (loss) $ (22,880) $ (24,361) $ (20,369)
[1]
Includes $59,554, $40,288 and $24,220 for related party transactions for the years 2024, 2023 and 2022, respectively. See Note 23.