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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.

Nov. 6, 2026 US EditionPublished Data as of
2 / 5

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.
3 / 5

Context

Q3 2025$2.1 billion
Q3 2026$2.5 billion
  • 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.
4 / 5

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.
5 / 5

Sources and wrap-up

The outlook is a plan, and actual results will be confirmed only in later filings.

Sources

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.

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