Airbnb (ABNB) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Airbnb published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Airbnb has one operating and reportable segment. The regional rows are revenue by listing location, from the Q3 2026 Form 10-Q.
• Airbnb's business is seasonal: revenue has historically been highest in the third quarter and lowest in the first, so consecutive quarters in the table below are not like for like.

Source: Airbnb Q3 2026 shareholder letter, November 5, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Airbnb splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Airbnb's North America revenue was $1.9 billion in Q3 2026, up 20% from $1.6 billion in Q3 2025, 40% of total revenue.
• Airbnb's Europe, the Middle East, and Africa revenue was $2.3 billion in Q3 2026, up 17% from $2.0 billion in Q3 2025, 47% of total revenue.
• Airbnb's Latin America revenue was $306 million in Q3 2026, up 30% from $235 million in Q3 2025, 6% of total revenue.
• Airbnb's Asia Pacific revenue was $323 million in Q3 2026, up 19% from $272 million in Q3 2025, 7% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Airbnb said:

“We expect to generate revenue of $3.22 billion to $3.28 billion, representing year-over-year growth of 16% to 18%, inclusive of an approximate two percentage point FX tailwind after factoring in our hedging program.”

“We expect year-over-year GBV growth to be in the mid-teens, driven by at least low double-digit growth in Nights and Seats Booked and a modest increase in ADR, primarily due to mix shift and price appreciation.”

“For full-year 2026, we now expect year-over-year revenue growth in the high teens, as execution across our product roadmap and resilient travel demand continues to drive growth across our business.”

“For full-year 2026, we now expect Adjusted EBITDA Margin to increase to approximately 36%”

Source: Airbnb Q3 2026 shareholder letter, Nov 5, 2026.

This is the company's own guidance as of Nov 5, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the ABNB forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's shareholder letter.

We do not hold a confirmed date for Airbnb's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 5, 2026

Airbnb generates substantially all of its revenue from service fees on guest stays booked through its platform, and recognizes it at check-in, when the guest begins the stay. Revenue was $4,869 million in Q3 2026, up 19% from $4,095 million, which Airbnb attributes primarily to more check-ins relating to Nights and Seats Booked and a moderate increase in ADR. On a constant currency basis revenue rose 16%. (Airbnb Form 10-K, 2025, Feb 12, 2026; Airbnb Form 10-Q, Q3 2026, Nov 5, 2026)

By listing location, Airbnb's largest region in the quarter was Europe, the Middle East, and Africa at $2,298 million, followed by North America at $1,942 million, Asia Pacific at $323 million and Latin America at $306 million. Airbnb's 10-K says no single city represented more than 2% of revenue in 2024 or 2025, and that revenue has historically peaked in the third quarter. (Airbnb Form 10-Q, Q3 2026, Nov 5, 2026; Airbnb Form 10-K, 2025, Feb 12, 2026)

Airbnb's volume and price both rose. Nights and Seats Booked were 155.0 million, up 16%, and Gross Booking Value was $27.7 billion, up 21%. Average daily rate was $179, up 4% (5% excluding currency), mainly from price appreciation. Nights booked on the app were 66% of total nights booked, up from 62% a year earlier. (Airbnb Q3 2026 shareholder letter, Nov 5, 2026)

Airbnb's implied take rate, revenue divided by GBV, was 17.6%, lower than in Q3 2025. Airbnb said the main cause was the expansion of Reserve Now, Pay Later, which books GBV well before the stay and the revenue, and to a lesser extent higher incentives and credits tied to new business initiatives. Revenue from guest travel insurance grew nearly 70%, and nearly all hosts have now moved to a single service fee of 15.5%. (Airbnb Q3 2026 shareholder letter, Nov 5, 2026)

Airbnb reports one EPS figure, on a GAAP basis; its non-GAAP measures are Adjusted EBITDA and Free Cash Flow. Diluted EPS was $3.16 in Q3 2026 against $2.21, on net income of $1,890 million against $1,374 million. Airbnb said its provision for income taxes fell by $135 million because the year-ago quarter included a $213 million valuation allowance against deferred tax assets for corporate alternative minimum tax credits. (Airbnb Q3 2026 shareholder letter, Nov 5, 2026)

Airbnb's Adjusted EBITDA was $2,509 million, a 52% margin, against $2,051 million and 50% a year earlier. It excludes stock-based compensation, which was $462 million in the quarter, along with taxes, interest income and expense, depreciation and amortization, and lodging and transactional taxes. (Airbnb Q3 2026 shareholder letter, Nov 5, 2026)

Airbnb's diluted share count was 597 million against 621 million a year earlier. In Q3 2026 it repurchased 4.4 million Class A shares for $712 million, had $2.7 billion of authorization left at September 30, 2026, and announced a new program for up to an additional $12 billion. Airbnb expects a full-year 2026 effective tax rate in the mid-teens. (Airbnb Q3 2026 shareholder letter, Nov 5, 2026; Airbnb Form 10-Q, Q3 2026, Nov 5, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Airbnb gives a numeric outlook in its shareholder letter. For Q4 2026 it expects revenue of $3.22 billion to $3.28 billion, growth of 16% to 18% including an approximate two percentage point FX tailwind, GBV growth in the mid-teens, and Adjusted EBITDA Margin down slightly from Q4 2025, partly from the timing of marketing spend. (Airbnb Q3 2026 shareholder letter, Nov 5, 2026)

Airbnb raised its full-year 2026 outlook to revenue growth in the high teens and an Adjusted EBITDA Margin of approximately 36%. The letter says Airbnb is closely monitoring developments in EMEA and expects its implied take rate to be up slightly year over year in Q4. (Airbnb Q3 2026 shareholder letter, Nov 5, 2026)

A consensus figure is the average of the models published by the analysts who cover Airbnb, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Airbnb's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning ABNB is on is ABNB a buy or a sell?, what analysts expect next is on the ABNB forecast, and what the company does is on the Airbnb (ABNB) stock page.

Every number on this page can be traced to a document Airbnb published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.