Airbnb, Inc. (ABNB) Announced Q1 2026 Earnings on May 7, 2026, Reporting Revenue of $2.7 billion for the Quarter.
Airbnb reported that "Revenue grew 18% year-over-year to $2.7 billion". For the Quarter, "net income was $160 million" and "adjusted EBITDA was $519 million". Management also highlighted their capital-light business model, "delivering $1.7 billion of free cash flow in Q1".Key business updates included the broader expansion of "Reserve Now, Pay Later" to most of the rest of the world.
Management also mentioned scaling their "boutique and independent hotel pilot" and announced an expanded "rev share program" partnership with Delta Airlines.
Furthermore, Airbnb is leveraging technology, with management stating that "Nearly 60% of the code our engineers produce is now written by AI" and "over 40% of issues are now resolved without a human agent".Looking ahead, for the second quarter of 2026, Airbnb expects to "generate revenue of $3.54 billion to $3.6 billion". For the full year 2026, the company expects "year-over-year revenue growth to accelerate to low to mid-teens" and anticipates "adjusted EBITDA margin to be at least 35%". Regarding the World Cup, the company noted it has "attracted an incremental 100,000 listings across those markets in advance of these games".