Airbnb (ABNB) Stock: Global Booking Boom Fuels Revenue Beat And Share Surge

TLDR

• Airbnb reported Q3 revenue of $4.10 billion, marking a 9.7% increase from the previous year, with gross bookings climbing 14% to $22.9 billion.
• International expansion markets in Latin America and Asia Pacific delivered growth rates double those of core markets including the U.S., Canada, and UK.
• The company’s Q4 revenue guidance of $2.66 billion to $2.72 billion exceeded analyst expectations of $2.67 billion.
• Earnings per share reached $2.21, up from $2.13 in the same quarter last year, while shares gained 5.5% in after-hours trading.
• Brazil’s interest-free payment plan and Japan’s 27% domestic travel increase drove international booking growth.

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Airbnb delivered third-quarter revenue of $4.10 billion. The results marked a 9.7% jump from the same period in 2024.

The vacation rental platform exceeded Wall Street forecasts. Earnings per share came in at $2.21 compared to $2.13 last year.

Shares climbed 5.5% in after-hours trading. Investors responded positively to the international growth momentum.

Airbnb, Inc., ABNB

Gross bookings reached $22.9 billion during the quarter. This represented a 14% increase year-over-year.

Expansion Markets Outpace Core Regions

The company’s expansion markets grew at twice the pace of core territories. Core markets include the United States, Australia, Canada, the United Kingdom, and France.

Latin America posted the strongest growth in nights and seats booked. The metric tracks combined stays and activities reserved through the platform.

Brazil’s performance stood out during the quarter. An interest-free payment plan launched in the country drove booking increases.

Japan recorded a 27% rise in domestic travel bookings. India saw first-time users jump 50% during the same period.

The platform added regional customization features. New payment options and localized marketing campaigns helped drive international adoption.

North America Shows Steady Progress

North American bookings grew in the mid-single digits. The performance slightly exceeded the previous quarter.

A “Reserve Now, Pay Later” feature launched in the U.S. market. The option encouraged travelers to book accommodations further in advance.

Consumer spending patterns have shifted recently. Economic uncertainty and inflation concerns affected travel booking behavior.

Net income for the quarter totaled $1.374 billion. This compared to $1.368 billion in the third quarter of 2024.

Financial Position and Outlook

Cash and cash equivalents stood at $7.528 billion. Total assets increased to $23.064 billion at quarter end.

The company forecast fourth-quarter revenue between $2.66 billion and $2.72 billion. Wall Street analysts had expected $2.67 billion.

Current liabilities rose during the period. The increase stemmed primarily from the current portion of long-term debt.

Airbnb launched a new services section offering catering, photography, and spa treatments. The company did not disclose booking numbers for the new feature.

CEO Brian Chesky addressed the services timeline during the earnings call. He estimated it could take three to five years for the segment to become material to the business.

The company continues investing in technology and marketing initiatives. These efforts focus on platform enhancement and global market expansion.

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