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$ABNB (+3,68ย %) | Airbnb Q3 Earnings Highlights:


๐Ÿ”น Revenue: $3.73B (Est. $3.7B) ๐ŸŸข; UP +10% YoY

๐Ÿ”น GAAP EPS: $2.13 (Est. $2.14) ๐Ÿ”ด

๐Ÿ”น Adjusted EBITDA: $1.96B; UP +7% YoY


Q4 Outlook :

๐Ÿ”น Revenue: $2.39B-$2.44B; UP +8-10% YoY

๐Ÿ”น Expected increase in Nights & Experiences growth vs Q3

๐Ÿ”น ADR anticipated to increase modestly YoY

๐Ÿ”น Full-year 2024 Adjusted EBITDA margin ~35.5%

๐Ÿ”น Full-year Free Cash Flow margin projected to exceed Adjusted EBITDA margin


Business Metrics:

๐Ÿ”น Gross Booking Value (GBV): $20.1B; UP +10% YoY

๐Ÿ”น Nights & Experiences Booked: 122.8M; UP +8% YoY

๐Ÿ”น Active Listings: Over 8M

๐Ÿ”น Free Cash Flow: $1.1B; 29% margin


Regional Performance:

๐Ÿ”น North America: Improved growth throughout Q3

๐Ÿ”น EMEA: Slight acceleration vs Q2, supported by Paris Olympics

๐Ÿ”น Latin America: Nights booked UP +15% YoY

๐Ÿ”น Asia Pacific: Nights booked UP +19% YoY


Business Highlights:

๐Ÿ”ธ Removed over 300,000 low-quality listings

๐Ÿ”ธ Host cancellation rates down nearly 30% YoY

๐Ÿ”ธ Launched Co-Host Network in 10 countries

๐Ÿ”ธ Cross-border travel to Asia Pacific grew 23% YoY

๐Ÿ”ธ Repurchased $1.1B in shares during Q3

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