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Airbnb Lifts Annual Revenue Growth Forecast
The company cited resilient travel demand as nights and seats booked rose 16% to 155 million and diluted earnings per share reached $3.16.
- On Thursday, Airbnb raised its full-year 2026 revenue growth forecast to the high teens, sending shares up 11% in extended trading. The company also authorized a $12 billion repurchase program for Class A common stock.
- Third-Quarter revenue rose about 19% to $4.87 billion, surpassing the $4.75 billion average expected by analysts. The company reported diluted earnings per share of $3.16 for the quarter ended September 30, compared with $2.21 a year ago.
- Nights and seats booked rose 16% to 155 million in the third quarter, while the company disclosed selling intellectual property to an AI lab founded by CEO Brian Chesky for $7.1 million. Airbnb is developing an AI agent for 2027 rollout.
- CFO Ellie Mertz said Airbnb does not expect material impacts from unrest in Europe or the Middle East. Data shows about 35% of guests whose first booking is a hotel return to book a home on the platform.
- Customer support costs per booking fell more than 17% year over year, as about 40% of issues were resolved without human agents. Airbnb continues monitoring global travel demand despite inflation and geopolitical uncertainty affecting competitors like Hilton and Marriott.
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Airbnb raised its revenue growth forecast for the entire year of 2026 on Thursday (5), as the seasonal rental platform bets on the resilience of global demand for leisure travel. Travel companies bet on constant demand for international travel, driven by corporate travel and the expenses of wealthy customers, despite inflation and increasing geopolitical uncertainty. The company based in San Francisco now expects an annual revenue growth in the …
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Total News Sources16
Leaning Left0Leaning Right4Center3Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
C 43%
R 57%
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