Airbnb Q1 2026 earnings: revenue beat, profit miss

Airbnb posted mixed first-quarter results connected Thursday, beating gross and gross booking worth expectations portion falling abbreviated connected profit, and raised its full-year gross outlook.

The institution reported $2.7 cardinal successful revenue, an 18% summation versus the aforesaid 4th a twelvemonth ago. On the bottommost line, nett income reached $160 million, equivalent to 26 cents per share, compared with $154 million, oregon 24 cents per share, 12 months prior. Adjusted EBITDA was $519 million, up 24% year-over-year.

Wall Street had penciled successful 29 cents per stock and $2.62 cardinal successful revenue, per CNBC. The $519 cardinal adjusted EBITDA effect besides cleared the $485 cardinal statement estimate.

Gross booking value, which includes big payouts, work charges, cleaning fees, and taxes, roseate to $29.2 billion. This was a 19% summation from past twelvemonth and bushed the $27.82 cardinal expert estimate. Airbnb booked 156.2 cardinal nights and experiences, up 9% and supra the 155.77 cardinal estimate. The institution besides saw its fastest maturation successful first-time bookers since 2022, driven by gains successful markets similar Brazil, Japan, and India.

Looking to the 2nd quarter, Airbnb guided for gross of $3.54 cardinal to $3.60 billion, a scope that implies 14% to 16% maturation and clears the $3.46 cardinal consensus, per CNBC. The institution besides upgraded its full-year gross outlook, replacing a 12% maturation people with a broader "low to mid teens" range.

The struggle successful the Middle East affected Airbnb’s results, starring to somewhat higher cancellation rates among customers successful EMEA and Asia Pacific. The institution expects this to trim second-quarter bookings by astir 100 ground points. Executives compared this to the question disruptions caused by tariffs successful 2025, erstwhile weaker request successful immoderate North American areas was balanced by stronger request elsewhere, showing that Airbnb tin grip determination challenges acknowledgment to its planetary reach.

The upcoming FIFA World Cup, acceptable crossed 16 cities successful Canada, Mexico, and the U.S., represents what Airbnb believes volition beryllium its azygous largest lawsuit successful presumption of impermanent volume. Since the institution began recruiting hosts past October, much than 100,000 properties successful those markets person been added to the platform.

AI is becoming much important successful Airbnb’s operations. Around 60% of codification written by Airbnb engineers present involves AI tools. More than 40% of lawsuit enactment issues are resolved by the AI adjunct without quality help, up from astir a 3rd successful the 4th fourth of 2025, according to the company. The outgo per booking dropped astir 10% year-over-year successful the archetypal quarter.