Overview
- Q3 revenue reached $4.10 billion with gross bookings of $22.9 billion and earnings per share of $2.21.
- Nights and seats booked rose about 9% to 133.6 million, and adjusted EBITDA hit a quarterly record of $2.1 billion.
- Management guided Q4 revenue to $2.66 billion–$2.72 billion, topping Wall Street’s $2.67 billion estimate, and shares climbed roughly 5% after hours.
- Latin America and Asia Pacific grew about twice as fast as core markets, aided by an interest‑free installment plan in Brazil, a 27% rise in Japan domestic bookings, and a 50% increase in first‑time users in India.
- North America showed mid‑single‑digit booking growth helped by a U.S. Reserve Now, Pay Later feature, as the company prioritizes product improvements, broader offerings, and AI integration.