v3.25.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenue [1] $ 774,061 $ 706,040 $ 537,972
Cost of revenue (208,142) (228,938) (182,898)
Gross profit 565,919 477,102 355,074
Operating expenses      
Selling and marketing (250,741) (220,361) (165,150)
General and administrative (80,309) (77,766) (101,521)
Technology and product development (107,958) (109,130) (89,992)
Other operating expense, net (2,940) (4,546) 0
Total operating expenses (441,948) (411,803) (356,663)
Loss equity investments (842) (1,060) (164)
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)
Losses per share available to common shareholders:      
Basic (in USD per share) $ (0.03) $ (0.09) $ (1.28)
Diluted (in USD per share) $ (0.03) $ (0.09) $ (1.28)
Shares used in computing losses per share (in thousands):      
Basic (in shares) 81,748 77,170 76,823
Diluted (in shares) 81,748 77,170 76,823
[1]
Includes $59,554, $40,288 and $24,220 for related party transactions for the years 2024, 2023 and 2022, respectively. See Note 23.