Airbnb, Inc. (ABNB) Announced Q2 2026 Earnings on August 6, 2026, Reporting "Revenue grew 17% year-over-year to $3.6 billion" for the Quarter.

Airbnb, Inc. reported its financial results for the second quarter of 2026.

Chief Financial Officer Ellie Mertz reported that for the Quarter, revenue "grew 17% year-over-year to $3.6 billion," which "exceeded the high end of our outlook". For the Quarter, she stated that "net income was $816 million" and "adjusted EBITDA was $1.3 billion, representing an adjusted EBITDA margin of 35%". This was driven by cost efficiencies that led to an "adjusted EBITDA margin expansion of over 100 basis points compared to last year". Additionally, "Gross booking value grew 16% year-over-year to $27.2 billion" for the Quarter.

The company continued to deliver significant cash flow, reporting "$1.3 billion of free cash flow in Q2". Over the trailing 12 months, the company "generated $4.8 billion of free cash flow, representing a free cash flow margin of 37%". During the Quarter, Airbnb also "purchased $1.1 billion of our common stock".Chief Executive Officer Brian Chesky explained that the company has "rebuilt Airbnb from the ground up to be an AI-native company". Key operational initiatives include "Reserve Now, Pay Later," which accounted for "over 20% of our total GBV" booked during the Quarter.

The company also expanded the "migration of API host to a single service fee" which is expected to be completed by year-end and currently applies to "Approximately half of our active listings". For customer support, the company's AI assistant is available in "more than 50 languages," with "Nearly 45% of issues that start with our AI assistant" now being resolved without a human agent.

This helped customer support cost per booking decline "about 16% year-over-year" for the Quarter.

Chesky also highlighted the company's "event strategy," noting that as an official tournament partner for the World Cup, "more than 150,000 homes across host cities were listed on Airbnb for the first time". The company is expanding this playbook to other events including the Olympics, the Tour de France, Art Basel fairs, Lollapalooza, La Liga in Spain, and NASCAR.In terms of new products and services, Chesky noted that the company expanded "Airbnb Services across grocery delivery, car rentals, airport pickups and luggage storage" and recently introduced "resort passes" giving day access to hotels.

Among these, Chesky noted that "car rentals is going to be the biggest one by far," with the reservation length being "longer than the average length of Airbnb stay". During the Quarter, the company also added "1,000 new Experiences across the most in-demand categories, increasing supply by nearly 80% year-over-year". In accommodations, Airbnb added "thousands of boutique and independent hotels". While hotels represent a "single-digit percentage of nights booked," hotel nights are growing "approximately 3x faster than our homes business" and "Roughly 35% of first-time hotel guests returned to Airbnb to book a home".For future guidance, Mertz stated that in the third quarter of 2026, Airbnb expects to "generate revenue of $4.69 billion to $4.77 billion, representing year-over-year growth of 15% to 17%". For the third Quarter, the company expects "year-over-year GBV growth to be in the mid-teens" and expects "adjusted EBITDA to increase year-over-year and for adjusted EBITDA margin to be down slightly compared to Q3 2025". For the full year 2026, the company is "raising our revenue and adjusted EBITDA outlook". Airbnb now expects "year-over-year revenue growth to improve to at least mid-teens" and expects its full-year "adjusted EBITDA margin to be at least 35.5%".🎧 We could generate an updated audio overview debate between Morgan Moonshot and Bobby Beatdown based on these new Q2 2026 results if you would like to hear them discuss these numbers.