Q2 22 EPS

$N/A

Est. $0.44

Q2 22 Revenue

N/A

Est. $2.11B

vs S&P Since Q2 22

-17.6%

TRAILING MARKET

ABNB +68.7% vs S&P +86.3%

Market Reaction

Did ABNB Beat Earnings? Q2 2022 Results

Airbnb ended a streak of misses in convincing fashion in Q2 2026, posting GAAP earnings per share of $1.27 against a consensus estimate of $1.25, a 1.69% beat, while revenue of $3.61 billion topped expectations by 0.91% and grew 16.5% year over year.… Read more Airbnb ended a streak of misses in convincing fashion in Q2 2026, posting GAAP earnings per share of $1.27 against a consensus estimate of $1.25, a 1.69% beat, while revenue of $3.61 billion topped expectations by 0.91% and grew 16.5% year over year. The GAAP EPS figure includes a $77 million tax benefit related to recently published guidance impacting prior-year taxes. The headline numbers were underpinned by a 10% year-over-year rise in Nights and Seats Booked to 148.3 million, reflecting broad demand strength across all regions, and net income expanded to $816 million at a 23% margin. Operationally, AI-driven efficiency stood out, with customer support cost per booking falling roughly 16% year over year as an AI assistant now resolves nearly 45% of issues without a human agent. Looking ahead, Airbnb guided Q3 2026 revenue of $4.69 billion to $4.77 billion, representing 15% to 17% growth, and raised its full-year outlook to at least mid-teens revenue growth with Adjusted EBITDA Margin of at least 35.5%.

Key Takeaways

  • Strong demand across all regions with accelerating Nights and Seats Booked growth
  • Moderate increase in ADR driven by price appreciation and mix shift toward entire homes with 4+ bedrooms
  • App-driven growth with nights booked on app increasing 23% YoY, accounting for 64% of total nights booked
  • AI improvements reducing customer support cost per booking by approximately 16% YoY
  • First-time booker growth accelerating to 11% YoY, highest in four years
  • Reserve Now, Pay Later driving earlier bookings and expanded reach
  • Guest travel insurance revenue increasing over 60% YoY
  • Increased product development velocity with feature shipments up nearly 80% YoY
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ABNB YoY Financials

Q2 2022 vs Q2 2021, source: SEC Filings