Airbnb reports Q3 revenue up 19% YoY to $4.9B, above est., Nights and Seats Booked up 16% to 155M, rises its FY 2026 revenue outlook; ABNB jumps 9%+ after hours
First reported by Bloomberg ·
Airbnb's stock price increased significantly, impacting investor portfolios.
Airbnb reported Q3 revenue of $4.9 billion, a 19% year-over-year increase, with 155 million Nights and Seats Booked, up 16%. The company also raised its FY 2026 revenue outlook, and its stock jumped over 9% after hours.
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Airbnb is experiencing rapid growth, signaling a positive trajectory for the company and potentially the travel sector. Investors will watch to see if this momentum continues and influences competitor strategies.
The company's CEO declared a return to "growth mode" following strong quarterly performance and an improved full-year outlook.
AI-written summary. May contain errors.