Here’s a polished English translation of the Chinese title: **Airbnb Releases First Quarter 2026 Financial Results**

BeijingMay 8, 2026 /PRNewswire/ — Airbnb released its financial results for the first quarter of 2026. Please visit this link for more details.

First Quarter 2026 Financial Performance Overview

Airbnb had a strong start to 2026. The firm path of strengthening the foundation and accelerating innovation emphasized in the previous quarter yielded significant results in the first quarter. First-quarter revenue grew 18% year-over-year to $2.7 billion, exceeding the high end of the previous guidance range. During the quarter, guest spending on the Airbnb platform approached $30 billion. Gross Booking Value grew 19% year-over-year, primarily driven by robust demand, continued price resilience, and favorable foreign exchange rates. Nights and Seats Booked grew 9% year-over-year, reflecting steady growth in underlying demand. Net income for the quarter was $160 million, and Adjusted EBITDA reached $519 million, up 24% year-over-year.

Growth momentum accelerated across all business segments. In the first quarter, bookings made through the Airbnb app accelerated significantly, growing 22% year-over-year and accounting for 63% of total booked nights, up from 58% in the same period last year. Meanwhile, the growth rate of first-time bookers rebounded to 10%, the highest increase since early 2022. This growth momentum was particularly strong in three key emerging markets: Brazil, Japan, and India. Additionally, based on guest origin, booking growth in emerging markets was roughly double that of core markets. Among these, India grew approximately 50% year-over-year, while Brazil achieved over 20% growth for the third consecutive quarter. The innovation strategy emphasized last quarter is consistently delivering tangible results in product optimization, customer acquisition strategies, and global expansion.

At the same time, we are navigating a period of macroeconomic and geopolitical uncertainty. Due to the situation in the Middle East, cancellation rates in the Europe, Middle East, and Africa region and the Asia-Pacific region increased slightly this quarter. However, this precisely demonstrates the resilience of Airbnb’s business model. When travel changes, Airbnb can adapt quickly. Just as last year, when tariff uncertainty led to a decline in US-bound tourists, users still turned to other destinations through the Airbnb platform. Currently, we are observing a similar shift in trends. Airbnb has millions of listings across various price points worldwide, offering a scale and diversity advantage that is difficult for other companies to match. It is precisely this core advantage that enables us to consistently deliver solid performance even in a challenging external environment.

Additional highlights for the quarter include:

Creating a Better Airbnb Experience for Hosts and Guests

Through the “Pay Later” feature, we continue to offer guests more flexible payment options. In the first quarter of 2026, this service contributed approximately 20% of global Gross Booking Value (GBV). This is a classic “win-win” scenario: when guests have the flexibility to defer payment, their booking intent significantly increases, helping guests manage their travel budgets more comfortably while effectively driving sustained business growth.

On the supply side, we are addressing hosts’ most critical pain points by optimizing pricing mechanisms and the onboarding process. Upgraded pricing tools help hosts implement dynamic pricing based on market demand and seasonal fluctuations, while a redesigned registration process makes listing properties faster and more efficient.

Expanding the Product Ecosystem

In the first quarter, we continued piloting the new “Airbnb Services” and “Airbnb Experiences” programs in select cities, with plans to expand coverage for both offerings this summer. Preliminary data shows these new categories are becoming a business flywheel driving demand. Among guests who first discovered Airbnb through “Airbnb Experiences,” nearly a quarter subsequently booked accommodations or other services. Additionally, approximately one-third of users who booked an “Airbnb Experience” completed an accommodation booking within three months. “Airbnb Services” and “Airbnb Experiences” are not just standalone products but also key entry points driving future platform-wide business growth. Furthermore, we are deepening our partnership with Delta Air Lines, allowing travelers to earn Delta SkyMiles not only on accommodation bookings but also on eligible “Airbnb Experiences” and “Airbnb Services.”

At the same time, we are gradually expanding our pilot program for boutique and independent hotels to more markets globally. Initial results are positive, particularly in cities where high demand or regulatory policies have led to tight accommodation supply. Introducing more hotel resources helps us cover travel scenarios better suited to hotels, attract new user segments, and encourage cross-category repeat bookings between hotels and homes. Data shows that approximately 55% of users who booked a hotel on Airbnb subsequently booked a home on the platform^[1].

At our summer product launch event on May 20, we will further share expansion plans for “Airbnb Services,” “Airbnb Experiences,” and the hotel business.

Major Events as a Powerful Growth Engine

Our strategy of partnering with major events effectively drives supply and demand growth and enhances brand awareness. Beyond performance metrics, major events help us build closer relationships with cities and governments. By offering more flexible and dispersed accommodation solutions, we effectively meet the housing needs of millions of visitors. These events also help us attract thousands of new hosts who continue operating long after the event concludes. Additionally, major events provide Airbnb with an excellent global stage to bring people from around the world together and connect them.

The 2026 Milan-Cortina Winter Olympics is a powerful example of this strategy in action. As a global partner of the International Olympic Committee and the International Paralympic Committee, the event drove nearly 200,000 guests to stay in Airbnb listings, boosting accommodation supply in host cities by approximately 30%. Airbnb conducted integrated marketing campaigns globally and in various markets, achieving approximately 1 billion impressions. During the Olympics, we engaged in over 40 in-depth interactions with local governments and community leaders in Italy.

The upcoming 2026 FIFA World Cup™ this summer is expected to open a new chapter in Airbnb’s major event strategy, with the number of guests hosted projected to reach an all-time high. Since launching supply expansion last October, over 100,000 listings across the 16 host cities of this World Cup have been listed on Airbnb for the first time, welcoming fans and guests from around the globe.

AI Empowering Innovation and Enhancing Operational Efficiency

Artificial intelligence is reshaping how Airbnb builds its platform and drives innovation. Nearly 60% of the code written by Airbnb engineers is completed with AI collaboration, which we estimate is roughly double the industry average. This represents not just efficiency gains; AI is helping teams deliver faster and iterate more agilely, thereby providing better service to guests and hosts. We are translating the deep application of AI into tangible product results, and this is just the beginning.

Thanks to AI-powered customer support, over 40% of user issues using the service are resolved without human agent intervention, up from approximately one-third in the fourth quarter of last year, with processing times also significantly reduced. At the same time, this service has effectively lowered operational costs—cost per booking in the first quarter decreased approximately 10% year-over-year. As AI support capabilities continue to improve, we are confident in sustaining this trend throughout the year.

United in Purpose, Embarking on a New Chapter

The start of 2026 has been strong, with all key metrics exceeding expectations. Looking ahead to the remainder of 2026, we will build on this momentum and are confident in the pace of innovation and the positive inflection point we are seeing on the revenue front.

Our outlook for 2026 is built on the solid momentum of our core business—particularly in the fastest-growing regions of North America and Latin America, where booked nights are growing strongly and Average Daily Rate (ADR) is steadily improving.

Our upward revision to the revenue outlook reflects substantial progress on various growth initiatives, as well as improved monetization through simplified fee structures and insurance plans, which are expected to further increase the take rate for the full year. Despite facing a high base from the launch of “Pay Later” in 2025 and ongoing headwinds from the Middle East conflict in the second half of the year, we remain optimistic about our current growth trajectory.

Second Quarter 2026 Outlook

• We expect second-quarter 2026 revenue to be between $3.54 billion and $3.6 billion, representing year-over-year growth of 14% to 16%, including an approximately 3 percentage point favorable impact from foreign exchange due to our hedging program. We expect the implied take rate for the second quarter of 2026 to increase slightly year-over-year.
• In the second quarter of 2026, we expect Gross Booking Value (GBV) to grow at a low double-digit percentage year-over-year, primarily driven by growth in Nights and Seats Booked and a modest increase in Average Daily Rate (ADR). We expect the favorable impact of foreign exchange on ADR in the second quarter to be significantly lower than in the first quarter.
• We expect the growth rate of Nights and Seats Booked in the second quarter of 2026 to slow slightly compared to the first quarter of 2026, including an approximately 100 basis point negative impact from the conflict in the Middle East.
• Adjusted EBITDA and Adjusted EBITDA margin for the second quarter are expected to grow year-over-year.

Full Year 2026 Outlook

• For 2026, we are raising our guidance and expect full-year revenue growth to accelerate to the low-to-mid teens percentage range.
• We expect the 2026 Adjusted EBITDA margin to be at least 35%. We will continue to prioritize investment in business growth, focusing on efficient marketing, international market expansion, and artificial intelligence.