Airbnb Reports Strong Q4 Results but Forecasts Moderation in Demand

Despite a net loss due to a tax settlement with Italy, Airbnb's Q4 revenue and bookings rose, with a cautious outlook for the current quarter.

Airbnb's Q4 revenue rose 17% to $2.2 billion, surpassing forecasts, driven by a 12% increase in bookings and favorable foreign exchange rates.
The company posted a $349 million net loss in Q4, largely due to a one-time tax settlement with Italy, but excluding this, adjusted net income was $489 million.
CEO Brian Chesky highlighted the company's plans to expand beyond its core business and reinvent Airbnb, with a focus on international markets.
First-quarter revenue is expected to be between $2.03 billion and $2.07 billion, above analysts' estimates, despite anticipated moderation in demand.
Airbnb remains optimistic about travel demand, especially for the Paris 2024 Olympic Games, and plans to boost its presence in several countries.