"Revenue for the quarter ending on March 31 will be $2.59 billion to $2.63 billion, the home-rental giant said in a shareholder letter on Thursday. Wall Street was expecting $2.54 billion. For the full year, the company projected revenue growth to accelerate to at least low double digits from the 10% it saw in 2025, in line with analysts' estimates. The shares jumped as much as 9.5% after markets opened in New York on Friday, their biggest intraday gain since April 2025."
"The guidance follows upbeat reports from US airlines last month, a sign that travel demand is holding steady despite heightened geopolitical tensions and severe winter weather across the US. That would bode well for Airbnb, which is attracting guests and new hosts to its platform ahead of major sporting events this year, including the Winter Olympic Games, which are currently underway, and the upcoming World Cup."
"Airbnb last year introduced a Reserve Now, Pay Later option in the US that has proved popular among guests and helped boost bookings in the fourth quarter, it said. The key metric of nights and seats booked grew 9.8% in the fourth quarter to 121.9 million, far exceeding expectations. The company plans to make the deferred payment option available to more guests globally in 2026."
Airbnb projected first-quarter revenue of $2.59 billion to $2.63 billion, above Wall Street forecasts, and forecast full-year revenue growth accelerating to at least low double digits from 2025’s 10%. Nights and seats booked rose 9.8% in the fourth quarter to 121.9 million, well above expectations. A Reserve Now, Pay Later option introduced in the US boosted bookings and will expand globally in 2026. More generous cancellation policies increased holiday bookings and lowered customer service contacts. International markets, led by strong first-time booker growth in India, grew roughly twice the rate of established regions. The stock jumped as travel demand held steady.
Read at www.mercurynews.com
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