ABNB Q2 2026 Earnings

Call Details

• Call Title: Airbnb Q2 2026 Earnings Call
• Date: August 6, 2026 at 9:00 PM UTC
• Management Team:
  • Brian Chesky (Chief Executive Officer)
  • Ellie Mertz (Chief Financial Officer)
  • Andrew Slabin (Vice President of Investor Relations)

Call Summary

Financial Performance

• Revenue grew 17% year-over-year to $3.6B in Q2.
• Gross booking value grew 16% year-over-year to $27.2B in Q2.
• Nights and seats booked grew 10% year-over-year and accelerated from Q1.
• Net income was $816M on a GAAP basis in Q2.
• Adjusted EBITDA was $1.3B and adjusted EBITDA margin was 35% in Q2 on a non-GAAP basis.
• Q2 free cash flow was $1.3B and trailing 12-month free cash flow was $4.8B, representing a 37% FCF margin.
• ADR increased 5% year-over-year, or 4% excluding FX, with noticeable strength in North America and Europe.

Guidance

• Q3 revenue guidance is $4.69B to $4.77B, representing 15% to 17% year-over-year growth and including an approximate 3 percentage point FX tailwind.
• Q3 GBV growth is expected to be in the mid-teens, driven by low double-digit nights and seats booked growth and a moderate ADR increase.
• Full-year revenue growth guidance was raised to at least mid-teens, up from prior low-to-mid-teens guidance provided last quarter.
• Full-year implied take rate is expected to be relatively flat compared to 2025 after accounting for reserve now, pay later timing and higher customer incentives.
• Full-year adjusted EBITDA margin is expected to be at least 35.5%, up from prior 35% guidance.
• Q3 adjusted EBITDA is expected to increase year-over-year while Q3 adjusted EBITDA margin is expected to be slightly down versus Q3 2025 due to timing of investments.
• The Q3 outlook assumes no significant impact related to the conflict in the Middle East.