NASDAQ$ABNB

Airbnb Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Airbnb reported strong Q4 results with 12% revenue growth and improved net income margin.

Airbnb posted a solid Q4 2024 with revenue of $2.48 billion, up 12% year-over-year, driven by strong demand and increased nights booked. Net income reached $461 million with a 19% margin. Gross booking value grew 13% to $17.6 billion, reflecting higher travel activity. The company continues to focus on expanding global markets and optimizing its platform.

  • Revenue increased by 12% year-over-year to $2.48 billion.
  • Net income improved to $461 million, with a 19% margin.
  • Gross booking value grew 13% to $17.6 billion.
  • Nights and experiences booked increased 12% across all regions.

Headline financials

Total Revenue

$2.48B

Previous: $2.22B+11.8%
EPS (adj)

$0.73

Previous: $0.76-3.9%
Free Cash Flow

$458M

No prior period
Net Income

$461M

Previous: -$349M+232.1%
Operating Income

$430M

Previous: $1.52B-71.7%

Revenue & EPS history

Airbnb · Revenue · Quarterly

$2.48B

Q4 2024+11.8%vs Q4 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Airbnb expects Q1 2025 revenue between $2.23B and $2.27B, representing 4% to 6% YoY growth, with challenges from foreign exchange headwinds and calendar shifts.

Tailwinds

  • Continued strong demand for travel and experiences.
  • Growth in international markets, particularly in APAC and Latin America.
  • Improved monetization efforts, including new service fees and travel insurance.
  • Expanding platform capabilities with new tech and product enhancements.
  • Strong free cash flow and disciplined cost management.

Headwinds

  • FX headwinds expected to impact revenue growth.
  • Q1 2025 faces an unfavorable calendar comparison due to Easter timing and Leap Day in Q1 2024.
  • Adjusted EBITDA margin expected to decline slightly due to higher investment in new business areas.
  • Increasing competition in key markets may pressure pricing and margins.
  • Stock-based compensation expense continues to rise, impacting profitability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.5%

Avg return

Earnings day

-1.5%

Avg return

5 days after

-2.1%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+17.7%

Q4 2022

Best reaction

-11.7%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%-5.7%-4.9%
Q4 2025+4.6%+7.2%+8.9%
Q3 2025-3.9%+1.0%+3.1%
Q2 2025-8.0%-6.8%-5.1%
Q1 2025+1.0%-0.7%+4.0%
Q4 2024+14.4%+12.0%-12.9%
Q3 2024-4.5%-5.5%-2.8%
Q2 2024-9.8%-8.2%-7.3%
Q1 2024-8.0%-6.7%-8.2%
Q4 2023-3.6%-0.8%+8.2%
Q3 2023-2.4%-0.1%+14.1%
Q2 2023-3.0%-3.5%-8.2%
Q1 2023-9.9%-16.2%-8.1%
Q4 2022+17.7%+13.0%+3.1%
Q3 2022-11.7%-10.1%-5.3%
Q2 2022+3.4%+5.3%+2.0%
Q1 2022+2.2%-11.1%-20.6%
Q4 2021+10.0%+3.1%-7.1%
Q3 2021+16.6%+12.6%-3.5%
Q2 2021+3.1%-2.9%+11.5%
Q1 2021+0.7%-3.7%+5.8%
Q4 2020+3.1%-5.1%-12.9%
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019

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