Airbnb's Q4 revenue rises 12% driven by strong demand

Airbnb

12/02/2026 21:13

Overview

Online travel platform's Q4 revenue grew 12% yr/yr, driven by strong demand

Adjusted EBITDA for Q4 increased, but margin decreased from last year

Company repurchased $1.1 bln of Class A common stock in Q4

Outlook

Airbnb expects Q1 2026 revenue of $2.59 bln to $2.63 bln

Company expects full-year 2026 revenue growth to accelerate to low double digits

Airbnb expects Q1 2026 GBV to increase in low teens year-over-year

Result Drivers

RESERVE NOW, PAY LATER - New feature in the U.S. allowed guests to reserve stays with $0 upfront, boosting bookings in Q4

GLOBAL EXPANSION - Strong performance in Brazil and Japan, with India seeing a 50% increase in nights booked year-over-year

EXPANDED OFFERINGS - Partnered with boutique hotels and launched new services, attracting new users to the platform

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
$341 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 17 "strong buy" or "buy", 22 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy."

Wall Street's median 12-month price target for Airbnb Inc is $148.52, about 24.2% above its February 11 closing price of $119.55

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 27 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)