Jun 2026 (Q2 FY26) — Aug 6, 2026
Airbnb Q2 FY26 — AI-Driven Momentum and Raised Full-Year Guidance
Read the full callAirbnb (ABNB) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Airbnb earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 3,608 | +16.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 21.0 | +1.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 816 | +27.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
19 of 23 judged targets kept · 20 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EBITDA margin | up year-over-year | Mar 2026 | Our adjusted EBITDA margin expansion of over 100 basis points compared to last year was driven by strong revenue growth and cost efficiencies in operations and support and product development, partially offset by continued investment in sales and marketing. | Achieved |
| Adjusted EBITDA margin | stable year-over-year | Dec 2025 | for full year profitability, we are now expecting our adjusted EBITDA margin to be at least 35.5%, up from 35%. | Revised Up |
| Adjusted EBITDA margin | down slightly compared to Q3 2025 | Jun 2026 | we expect adjusted EBITDA to increase year-over-year and for adjusted EBITDA margin to be down slightly compared to Q3 2025 due to the timing of investments this year. | New |
4 of Airbnb, Inc.'s 43 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 40 more targets are in the full ledger.
Claimed
- Revenue grew 17% year-over-year to $3.6 billion, exceeding the high end of outlook.
- Gross Booking Value (GBV) grew 16% year-over-year to $27.2 billion.
- Nights and Seats Booked grew 10% year-over-year, accelerating from Q1.
- First-time booker growth accelerated to 11%, the highest growth rate in 4 years, with Gen Z as the fastest-growing cohort.
- Adjusted EBITDA margin expanded over 100 basis points year-over-year to 35%, driven by strong revenue growth and cost efficiencies.
Qualified
- The ongoing conflict in the Middle East, though its impact was less than anticipated, remains a factor.
- Adjusted EBITDA margin is expected to be down slightly in Q3 compared to Q3 2025 due to the timing of investments.
Price
$175.46 +1.01% · +$1.76
Performance +39.4% 1Y
1Y: $125.91 on 17 Oct 2025 → $175.46. High $190.5 (25 Aug 2026), low $111.54 (20 Nov 2025).
- Previous close
- $173.7
- 52-week range
- $111.54 – $190.5
- One year
- +37.93%
Overview
- Symbol
- ABNB
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
19 of 23 judged targets kept · 20 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EBITDA margin | up year-over-year | Mar 2026 | Our adjusted EBITDA margin expansion of over 100 basis points compared to last year was driven by strong revenue growth and cost efficiencies in operations and support and product development, partially offset by continued investment in sales and marketing. | Achieved |
| Adjusted EBITDA margin | stable year-over-year | Dec 2025 | for full year profitability, we are now expecting our adjusted EBITDA margin to be at least 35.5%, up from 35%. | Revised Up |
| Adjusted EBITDA margin | down slightly compared to Q3 2025 | Jun 2026 | we expect adjusted EBITDA to increase year-over-year and for adjusted EBITDA margin to be down slightly compared to Q3 2025 due to the timing of investments this year. | New |
Claimed
- Revenue grew 17% year-over-year to $3.6 billion, exceeding the high end of outlook.
- Gross Booking Value (GBV) grew 16% year-over-year to $27.2 billion.
- Nights and Seats Booked grew 10% year-over-year, accelerating from Q1.
- First-time booker growth accelerated to 11%, the highest growth rate in 4 years, with Gen Z as the fastest-growing cohort.
- Adjusted EBITDA margin expanded over 100 basis points year-over-year to 35%, driven by strong revenue growth and cost efficiencies.
Qualified
- The ongoing conflict in the Middle East, though its impact was less than anticipated, remains a factor.
- Adjusted EBITDA margin is expected to be down slightly in Q3 compared to Q3 2025 due to the timing of investments.
The full ledger
Open Airbnb, Inc.’s full ledger
A free account opens 5 company ledgers a month. All 43 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — May 7, 2026
Airbnb Q1 FY26 — revenue +18% beats, full-year guidance raised on monetization and AI momentum
Read the full callDec 2025 (Q4 FY25) — Feb 12, 2026
Airbnb Q4 FY25 — Strong Growth Momentum Driven by Product Innovation
Read the full callEvery analysed call
Airbnb earnings calls (ABNB)
Financials
What the filings say
Net profit, year on year: +27% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,732 | 2,480 | 2,272 | 3,096 | 4,095 | 2,778 | 2,678 | 3,608 |
| Expenses | 2,207 | 2,050 | 2,234 | 2,484 | 2,470 | 2,509 | 2,592 | 2,850 |
| Operating profit | 1,525 | 430 | 38 | 612 | 1,625 | 269 | 86 | 758 |
| Operating margin | 40.9% | 17.3% | 1.7% | 19.8% | 39.7% | 9.7% | 3.2% | 21.0% |
| Profit before tax | 1,735 | 622 | 173 | 779 | 1,792 | 393 | 281 | 897 |
| Tax rate | 21.1% | 25.9% | 11.0% | 17.6% | 23.3% | 13.2% | 43.1% | 9.0% |
| Net profit | 1,368 | 461 | 154 | 642 | 1,374 | 341 | 160 | 816 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | — | -6,006 | -6,358 | -5,965 | -3,425 | -4,225 | -5,502 |
| Total liabilities | — | 7,590 | 8,933 | 10,478 | 12,480 | 12,547 | 14,009 |
| Fixed assets | — | 270 | 157 | 121 | 160 | 147 | 107 |
| Investments | — | 911 | 2,255 | 2,244 | 3,197 | 3,747 | 4,454 |
| Total assets | — | 10,491 | 13,708 | 16,038 | 20,645 | 20,959 | 22,208 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | 223 | -740 | 2,313 | 3,430 | 3,884 | 4,518 | 4,646 |
| Cash from investing | -347 | 80 | -1,352 | -28 | -1,042 | -616 | -748 |
| Cash from financing | 855 | 3,051 | 1,308 | -689 | -2,430 | -3,572 | -3,827 |
| Net cash flow | 705 | 2,525 | 2,059 | 2,376 | 564 | 93 | 726 |
| Capital expenditure | -125 | -37 | -25 | -25 | — | — | — |
| Free cash flow | 97 | -777 | 2,288 | 3,405 | — | — | — |
ABNB revenue by segment
| Segment | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|
| Reportable | 100% | 100% | 100% | 100% | 100% | 100% | +16.5% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
ABNB operating KPIs by quarter
| KPI | Mar 2025 Q1 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|
| Gross bookings | <$25BIn Q1, guests on Airbnb spent nearly $25 billion.Source: earnings call transcript | $22.9BGross booking value grew 14% year-over-year to $22.9 billion, driven by strong growth in both bookings and price.Source: earnings call transcript | $20.4BGross booking value grew 16% year-over-year to $20.4 billion.Source: earnings call transcript | $29BGross booking value grew 19% year-over-year to $29 billion, representing consistent sequential acceleration for the last 4 quarters, driven by both strong growth in nights and ADR.Source: earnings call transcript | $27.2BGross booking value grew 16% year-over-year to $27.2 billion, and Nights and Seats Booked grew 10% year-over-year, accelerating from Q1.Source: earnings call transcript | -6.2% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2026 · share of revenue
- North America 44% ↑ 2 pt
- EMEA 40% ↓ 7 pt
- Asia Pacific 8% ↑ 2 pt
- Latin America 8% ↑ 3 pt
As ABNB cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
411 filings between Oct 23, 2025 and Oct 12, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$1.17B
320 sales by 7 insiders
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 11
- Award — granted as compensation
- 6
- Option exercise — converted options into shares
- 13
- Tax withheld — shares kept back by the company to cover tax
Also filed: 41 conversions, 14 gifts, 6 other filings.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Gebbia Joseph | — | $695.12M | Jul 28, 2026 |
| Blecharczyk Nathan | — | $269.08M | Oct 12, 2026 |
| Chesky Brian | — | $185.74M | Aug 7, 2026 |
| Mertz Elinor | — | $9.32M | Aug 3, 2026 |
| BALOGH ARISTOTLE N | — | $5.18M | Dec 19, 2025 |
| CHENAULT KENNETH I | — | $2.67M | Aug 7, 2026 |
| Bernstein David C | — | $1.20M | Sep 15, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 12, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 2,852 | $466.2K |
| Oct 12, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 1,000 | $167.2K |
| Oct 12, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 4,267 | $702.9K |
| Oct 12, 2026 | Blecharczyk Nathan Chief Strategy Officer | Conversion 10b5-1 plan | 17,692 | — |
| Oct 12, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 2,248 | $371.9K |
| Oct 12, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 3,248 | $540.9K |
| Oct 12, 2026 | Blecharczyk Nathan Chief Strategy Officer | Gift 10b5-1 plan | 4,077 | $0 |
| Sep 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 481 | $74.3K |
| Sep 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Conversion 10b5-1 plan | 17,692 | — |
| Sep 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 134 | $21.2K |
| Sep 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 1,231 | $191.7K |
| Sep 28, 2026 | Mertz Elinor Chief Financial Officer | Award | 11,204 | $0 |
| Sep 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 6,085 | $958.2K |
| Sep 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 5,684 | $889.7K |
| Sep 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Gift 10b5-1 plan | 4,077 | $0 |
| Sep 15, 2026 | Bernstein David C Chief Accounting Officer | Sale 10b5-1 plan | 1,489 | $251.5K |
| Sep 14, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 1,404 | $241.1K |
| Sep 14, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 10,350 | $1.79M |
| Sep 14, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 591 | $102.3K |
| Sep 14, 2026 | Blecharczyk Nathan Chief Strategy Officer | Gift 10b5-1 plan | 4,077 | $0 |
| Sep 14, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 1,270 | $216.8K |
| Sep 14, 2026 | Blecharczyk Nathan Chief Strategy Officer | Conversion 10b5-1 plan | 17,692 | — |
| Sep 1, 2026 | Bernstein David C Chief Accounting Officer | Sale 10b5-1 plan | 5,224 | $953.3K |
| Sep 1, 2026 | Bernstein David C Chief Accounting Officer | Option exercise 10b5-1 plan | 5,224 | $209.9K |
| Aug 31, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 239 | $45.2K |
| Aug 31, 2026 | Blecharczyk Nathan Chief Strategy Officer | Gift 10b5-1 plan | 4,077 | $0 |
| Aug 31, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 1,887 | $350.4K |
| Aug 31, 2026 | Blecharczyk Nathan Chief Strategy Officer | Conversion 10b5-1 plan | 17,692 | — |
| Aug 31, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 4,042 | $753.4K |
| Aug 31, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 3,719 | $701.1K |
| Aug 31, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 3,728 | $699.7K |
| Aug 28, 2026 | Chesky Brian CEO and Chairman | Conversion | 76,500 | — |
| Aug 28, 2026 | Chesky Brian CEO and Chairman | Gift | 76,500 | $0 |
| Aug 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 45,215 | $8.62M |
| Aug 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 11,945 | $2.28M |
| Aug 28, 2026 | Blecharczyk Nathan Chief Strategy Officer | Conversion 10b5-1 plan | 57,160 | — |
| Aug 26, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 600 | $115.3K |
| Aug 26, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 7,199 | $1.38M |
| Aug 26, 2026 | Blecharczyk Nathan Chief Strategy Officer | Conversion 10b5-1 plan | 19,659 | — |
| Aug 26, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 11,860 | $2.26M |
| Aug 25, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 199,878 | $38.03M |
| Aug 25, 2026 | Blecharczyk Nathan Chief Strategy Officer | Conversion 10b5-1 plan | 361,652 | — |
| Aug 25, 2026 | Blecharczyk Nathan Chief Strategy Officer | Gift 10b5-1 plan | 159,000 | $0 |
| Aug 25, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 2,774 | $530.1K |
| Aug 24, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 23,125 | $4.42M |
| Aug 24, 2026 | Blecharczyk Nathan Chief Strategy Officer | Conversion 10b5-1 plan | 150,640 | — |
| Aug 24, 2026 | Gebbia Joseph Director | Gift | 960,000 | $0 |
| Aug 24, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 4,897 | $945.8K |
| Aug 24, 2026 | Gebbia Joseph Director | Conversion | 960,000 | — |
| Aug 24, 2026 | Blecharczyk Nathan Chief Strategy Officer | Sale 10b5-1 plan | 24,563 | $4.73M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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