finance
Airbnb Beats Q1 Revenue Estimates, Raises Full-Year Outlook Despite Earnings Miss
Airbnb reported first-quarter revenue of $2.68 billion, beating Wall Street forecasts, while earnings per share fell short at 26 cents. The company cited elevated cancellations from the war in Iran but lifted its 2026 revenue growth guidance to low-to-mid teens percent and forecast strong performance for the FIFA World Cup.
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Airbnb topped Wall Street revenue estimates in the first quarter but missed earnings expectations, the company reported after the market close on Thursday. 62 billion consensus forecast from analysts polled by LSEG. Earnings per share came in at 26 cents, below the 29 cents that Wall Street had anticipated.
27 billion in the first quarter of 2025. Net income rose to $160 million, or 26 cents per share, from $154 million, or 24 cents per share, a year earlier.
77 million projected by analysts. The company also recorded its highest first-time booker growth since 2022, driven by expansion into markets such as Brazil, Japan and India. Adjusted EBITDA reached $519 million, topping the $485 million consensus estimate.
The Middle East conflict contributed to slightly elevated cancellations in Europe, the Middle East, Africa and Asia Pacific regions during the quarter. Airbnb experienced similar softness in the EMEA and Asia Pacific regions due to the war in Iran. The company expects a 100-basis-point headwind to nights and seats booked in the second quarter as a result.
"We remain optimistic about our continued momentum, even as we face tougher comparisons in the back half of this year against the rollout of Reserve Now, Pay Later in 2025 and current headwinds from the Middle East conflict," the company wrote in a letter to shareholders.
It added that it has "millions of homes, everywhere in the world, at every price point," a flexibility most travel companies cannot replicate. 46 billion analysts expected.
