Airbnb Q3 Revenue Rises 19% as Nights Growth Reaccelerates

The Tip Desk · November 5, 2026 · 3 min read

Third-quarter revenue reached $4.9 billion, up 19%, as nights and seats booked rose 16% and the company forecast full-year revenue growth in the high teens.

Airbnb (ABNB) reported revenue of $4.9 billion in the third quarter of 2026, a 19% increase from a year earlier, as nights and seats booked accelerated to 16% year-over-year growth after 10% growth in the second quarter.

The online lodging marketplace said the pickup in volume was driven by demand across all regions and by its product roadmap, including search, pricing tools, flexible payments, and sign-up. Gross booking value was $27.7 billion, up 21% year-over-year and 21% excluding foreign exchange, a five-point sequential acceleration from 16% growth in the second quarter. Average daily rate was $179, up 4% (5% ex-FX), which the company described as a moderate contribution to GBV.

Net income was $1.9 billion, or a 39% margin, compared with $816 million in the second quarter. The company said the year-over-year increase reflected revenue growth, cost discipline, and a $135 million reduction in the income-tax provision after the prior year included a $213 million valuation allowance against deferred tax assets for Corporate Alternative Minimum Tax credits. Adjusted EBITDA was $2.5 billion, up 22% from $2.1 billion a year earlier, with Adjusted EBITDA margin of 52%.

Nights booked on the app rose 29% year-over-year and accounted for 66% of total nights booked. First-time booker growth accelerated to 13%, which the company said was the highest since early 2022. Net origin nights across expansion markets increased at the fastest pace in almost three years.

North America nights and seats booked grew at a low-double-digit rate, which Airbnb called the highest growth in four years, with ADR up 6%. EMEA nights and seats booked grew at a mid-teens rate, an acceleration versus the second quarter, with ADR up 5% (7% ex-FX). Latin America and Asia Pacific each posted more than 20% growth in nights and seats booked. Brazil origin net nights grew over 30%, and India origin net nights accelerated to over 60% for a second consecutive quarter. Active listings grew at a high-single-digit rate.

The implied take rate was 17.6%, down versus a year earlier, which the company attributed primarily to Reserve Now, Pay Later expansion and, to a lesser extent, higher contra revenue. Revenue from guest travel insurance increased nearly 70% year-over-year. Customer support cost per booking declined more than 17% year-over-year, and about 40% of support issues were resolved without a human agent.

Airbnb said it expects full-year 2026 revenue growth in the high teens and Adjusted EBITDA margin of approximately 36%. For the fourth quarter it expects revenue of $3.22 billion to $3.28 billion, or 16% to 18% year-over-year growth including about a two-point FX tailwind, mid-teens GBV growth, at least low double-digit nights and seats booked growth, and a modest ADR increase. Adjusted EBITDA margin is expected to be down slightly versus the fourth quarter of 2025, partly due to the timing of marketing spend.

The company repurchased $0.7 billion of Class A stock in the third quarter and announced a new authorization to buy up to an additional $12 billion, on top of $2.7 billion remaining. It also said it will donate $0.10 of revenue per stay to Airbnb.org, a model it said will provide $500 million over five years.