ABNB · 8-K · 20260806PR337928

Guidance / Outlook

Airbnb, Inc. · 2026-08-06 · Importance 85 · Surprise 76 · In source text

Airbnb raised its full-year 2026 revenue-growth outlook to at least the mid-teens and its Adjusted EBITDA Margin outlook to at least 35.5%. Management attributed the change to strong platform demand, investments in talent, technology, and marketing, and execution across the product roadmap. For Q3 2026, Airbnb expects revenue of $4.69 billion to $4.77 billion, representing 15% to 17% year-over-year growth. The Q3 outlook includes an approximately three-percentage-point FX tailwind after hedging, while Adjusted EBITDA Margin is expected to decline slightly year over year because of investment timing.

Key facts

• Q3 2026 revenue guidance: expect $4.69 billion to $4.77 billion, representing 15% to 17% year-over-year growth, inclusive of an approximate three percentage point FX tailwind after hedging source
• Q3 2026 GBV growth expectation: mid-teens year-over-year, driven by low double-digit growth in Nights and Seats Booked and a moderate increase in ADR source
• Full-year 2026 revenue growth expectation: at least mid teens year-over-year source
• Q3 2026 Adjusted EBITDA expectation: increase year-over-year but Adjusted EBITDA Margin expected to be down slightly compared to Q3 2025 due to timing of investments source
• Full-year 2026 Adjusted EBITDA Margin expectation: at least 35.5% source

Impact estimates