ABNB · 10-Q · 2026Q2 · Full report
Operating Income and Margins
Airbnb, Inc. · 2026-08-06 · Importance 59 · Surprise 48 · No source text
Second-quarter net income increased $174 million to $816 million, compared with the prior-year period, as revenue grew 17% and operating expenses grew 15%. Adjusted EBITDA declined to $1.043 billion from $1.261 billion for the quarter and to $1.460 billion from $1.780 billion for the six-month period, while revenue increased in both periods. Management attributed the increase in Adjusted EBITDA and margin primarily to higher check-ins and ADR growth outpacing operating-expense growth. Second-quarter profitability also benefited from a $56 million decrease in income-tax provision, including a $77 million tax benefit related to prior-year taxes.
Key facts
- Net income for the three months ended June 30, 2026: $816 million, an increase of $174 million year-over-year source
- Other income (expense), net changed by $104 million (208%) for the six months ended June 30, 2026, primarily due to a $71 million realized gain on an equity investment and a $29 million favorable impact from decreased impairment losses source
- Adjusted EBITDA for the three months ended June 30, 2026: $1,043 million source
- Adjusted EBITDA for the six months ended June 30, 2026: $1,460 million source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +40.5% | Adjusted EBITDA for the six months ended June 30, 2026: $1,460 million |
| operating_income | positive | realized | +28.9% | Adjusted EBITDA for the three months ended June 30, 2026: $1,043 million |
| net_income | positive | realized | +4.8% | Net income for the three months ended June 30, 2026: $816 million, an increase of $174 million year-over-year |
| net_income | positive | realized | +2.9% | Other income (expense), net changed by $104 million (208%) for the six months ended June 30, 2026, primarily due to a $71 million realized… |