AirbnbNASDAQ ABNBEarnings
Q3 revenue growth 19% Y/Y, adjusted EBITDA margin 52%
Gross Booking Value reached $27.7 billion, and Nights and Seats grew 16%.
Why we picked this stock
The filing shows a raised full-year outlook and a new share buyback authorization together.
What changed
Revenue growth Y/Y
19%
Q3 2026
Adjusted EBITDA
$2.5 billion
Q3 2026, up 19.0%
New buyback authorization
$12 billion
As of Q3 2026
- Adjusted EBITDA rose 19.0% from $2.1 billion in Q3 2025 to $2.5 billion.
- Adjusted EBITDA margin moved from 50% in Q3 2025 to 52%.
- A new buyback authorization of $12 billion was decided.
Context
- Net income was $1.9 billion and share repurchases were $700 million in Q3 2026.
- Cash and investments stood at $12.6 billion as of Sep 30, 2026.
What to check next
- ConditionCheck in the Q4 earnings release whether revenue meets the $3.22 billion low end of the outlook.
- ConditionWatch how the FY2026 EBITDA margin outlook of 36% changes in the next earnings materials.
- UncertaintyThe quarterly report will show how much of the $12 billion authorization is actually used.
Sources and wrap-up
The outlook is a plan, and actual results will be confirmed only in later filings.
Sources
- Form 8-K (Item 2.02,9.01)SEC EDGAR, 2026-11-05
Facts used in the cards
Values and passages are copied from the original filings.
- Revenue: $4.9 billion
- Q3 2026, SEC EDGAR
- Revenue of $4.9 billion in Q3 2026 represented a year-over-year increase of 19%
- Revenue growth Y/Y: 19%
- Q3 2026, SEC EDGAR
- Revenue of $4.9 billion in Q3 2026 represented a year-over-year increase of 19%
- Net income: $1.9 billion
- Q3 2026, SEC EDGAR
- Net income of $1.9 billion in Q3 2026 increased significantly compared to Q3 2025
- Adjusted EBITDA: $2.5 billion
- Q3 2026, SEC EDGAR
- Adjusted EBITDA in Q3 2026 of $2.5 billion increased 22% compared to $2.1 billion in Q3 2025.
- Adjusted EBITDA prior year: $2.1 billion
- Q3 2025, SEC EDGAR
- Adjusted EBITDA in Q3 2026 of $2.5 billion increased 22% compared to $2.1 billion in Q3 2025.
- Adjusted EBITDA margin: 52%
- Q3 2026, SEC EDGAR
- Adjusted EBITDA Margin in Q3 2026 was 52%, compared to 50% in Q3 2025.
- Prior-year EBITDA margin: 50%
- Q3 2025, SEC EDGAR
- Adjusted EBITDA Margin in Q3 2026 was 52%, compared to 50% in Q3 2025.
- Gross Booking Value: $27.7 billion
- Q3 2026, SEC EDGAR
- In Q3 2026, GBV was $27.7 billion and increased 21% year-over-year
- Nights and Seats growth: 16%
- Q3 2026, SEC EDGAR
- In Q3 2026, Nights and Seats Booked grew 16% year-over-year
- Q4 2026 revenue outlook low: $3.22 billion
- Q4 2026, SEC EDGAR
- We expect to generate revenue of $3.22 billion to $3.28 billion, representing year-over-year growth of 16% to 18%
- FY2026 EBITDA margin outlook: 36%
- FY 2026, SEC EDGAR
- we now expect Adjusted EBITDA Margin to increase to approximately 36%
- Raised full-year outlook: The company raised its full-year 2026 outlook for both revenue growth and Adjusted EBITDA Margin.
- FY 2026, SEC EDGAR
- we are raising our full-year 2026 outlook for both revenue growth and Adjusted EBITDA Margin
- New buyback authorization: $12 billion
- As of Q3 2026, SEC EDGAR
- we're announcing a new share repurchase program with authorization to purchase up to an additional $12 billion of our Class A common stock
- Q3 share repurchases: $700 million
- Q3 2026, SEC EDGAR
- We repurchased $0.7 billion of Class A common stock during Q3 2026
- Cash and investments: $12.6 billion
- Sep 30, 2026, SEC EDGAR
- As of September 30, 2026, we had $12.6 billion of cash and cash equivalents, short-term investments, and restricted cash
- Earnings webcast date: Nov. 5, 2026
- Nov 5, 2026, SEC EDGAR
- Airbnb will host an audio webcast to discuss its third quarter results at 2:00 p.m. PT / 5:00 p.m. ET on November 5, 2026.
Questions and answers
- What was Airbnb's revenue growth Y/Y in Q3 2026?
- 19%.
- What was Airbnb's adjusted EBITDA in Q3 2026?
- $2.5 billion. The comparison figure was $2.1 billion in Q3 2025 (up 19.0%).
- What was Airbnb's new buyback authorization in As of Q3 2026?
- $12 billion.
- What should readers check next on Airbnb?
- Check in the Q4 earnings release whether revenue meets the $3.22 billion low end of the outlook. Watch how the FY2026 EBITDA margin outlook of 36% changes in the next earnings materials. The quarterly report will show how much of the $12 billion authorization is actually used.
- Which filings is this based on?
- Form 8-K (Item 2.02,9.01) (SEC EDGAR, 2026-11-05).
- Is this a buy recommendation?
- No. This is for information only and is not investment advice. You are responsible for your own investment decisions and their results.
Key terms
- Adjusted figures
- Numbers a company recalculates after removing items such as one-off costs. Accounting standards do not define them, and methods differ by company.
- Guidance
- A company's own forecast of its future results.
- Share buyback
- A company buying its own shares from the market.
- 8-K
- The report a US-listed company files with the SEC when a material event happens.
Corrections
No corrections.