Airbnb Beats Q1 Revenue Estimates, Raises Full-Year Outlook Despite Earnings Miss

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.

The company raised its full-year 2026 revenue growth guidance to low-to-mid teens percent from a previous forecast of 12 percent. It anticipates a deceleration in growth relative to the first quarter because of the regional uncertainty. Airbnb is preparing for major sporting events that are boosting its supply and demand.

Over 100,000 properties have joined the platform since outreach began in October for the FIFA World Cup. S. The company plans to host its most guests on record for an event during this summer's FIFA World Cup.

Earlier this year the Milano Cortina Olympics and Paralympic Games lured about 200,000 guests to Airbnb listings. Supply in the host market for those Games rose by nearly a third. com reported that like many travel and airline companies, Airbnb is feeling pressure from the war in Iran, which has spiked oil prices, cancelled flights and created widespread regional uncertainty.

The company noted it is seeing a similar dynamic to last year's tariff threats, which produced softness between some North American regions but an uptick in travel elsewhere.