Overview
- Third-quarter revenue reached $4.10 billion with gross booking value of $22.9 billion and 133.6 million nights and seats booked, while EPS of $2.21 missed estimates.
- Airbnb guided fourth-quarter revenue to $2.66 billion–$2.72 billion, topping consensus, and projected mid-single-digit growth in nights and seats.
- Adjusted EBITDA topped $2 billion for a quarterly record, and shares gained about 5% in after-hours trading.
- Localized payments helped drive demand, including a Reserve Now, Pay Later option in the U.S. that encourages earlier reservations despite some cancellation risk, and an interest-free plan in Brazil that aided Latin America.
- Expansion markets in Latin America and Asia Pacific grew roughly twice as fast as core regions, as the company invests in AI, experiences and services, and hotel pilots that executives say could take years to scale.