$ABNB · Airbnb, Inc.
Airbnb filed an 8-K (Item 2.02) on November 5, 2026, furnishing its Q3 2026 Shareholder Letter. Q3 revenue was $4,869M versus $4,095M a year ago, with net income of $1,890M and GAAP diluted EPS of $3.16. The company raised full-year 2026 revenue growth guidance to the high teens and Adjusted EBITDA margin to approximately 36%.
- Q3 2026 revenue of $4,869M, up from $4,095M in Q3 2025.
- GAAP diluted EPS of $3.16, up from $2.21 a year ago.
- Net income of $1,890M versus $1,374M in Q3 2025.
- FY26 Adjusted EBITDA margin guidance raised to approximately 36%.
- Q4 2026 revenue guided to $3.22B–$3.28B, 16%–18% YoY growth.
Extended-hours last trade $189.95, up 11.65% versus the $170.13 regular close, signaling a strongly positive reaction to the beat and raised guidance.
Airbnb delivered accelerating growth and raised full-year guidance, reinforcing the AI-driven margin expansion thesis.
Airbnb's AI-driven cost discipline (customer support cost per booking down 17%+ YoY) and hotel/services expansion mirror broader travel-platform efforts to widen take rates and margins.
Management flagged it is "closely monitoring ongoing developments in EMEA," and Q4 Adjusted EBITDA margin is expected to decline slightly YoY due to marketing spend timing.