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For the third quarter of 2026, Airbnb expects revenues between $4.69 billion and $4.77 billion, implying growth of 15-17%.
The Zacks Consensus Estimate for third-quarter 2026 revenues is pegged at $4.75 billion, suggesting an increase of 15.98% from the year-ago quarter’s reported figure.
The consensus mark for third-quarter 2026 earnings is pegged at $2.89 per share, which has been unchanged over the past 30 days. This indicates 30.77% year-over-year growth.
The company’s earnings beat the Zacks Consensus Estimate in one of the trailing four quarters while missing on three occasions, with the negative average surprise being 5.15%.
Let’s see how things have shaped up prior to this announcement.
Factors Likely to Have Impacted ABNB’s Q3 Performance
Airbnb’s third-quarter 2026 performance is expected to have benefited from strong global travel demand, accelerating bookings, improving average daily rates (ADR) and continued momentum across its core and expansion markets. In the to-be-reported quarter, the company expects gross booking value to grow in the mid-teens year over year, driven by low double-digit growth in Nights and Seats Booked and a moderate increase in ADR, supported by favorable business mix and price appreciation.
The company is likely to have benefited from strong demand across North America, Europe, Latin America and Asia Pacific. Expansion markets, particularly India and Brazil, are expected to have supported growth through increasing adoption among first-time bookers. Improving demand across established markets, including the United States, France, the United Kingdom and Australia, is likely to have strengthened booking volumes.
The company’s ongoing investments in artificial intelligence (AI)-powered product enhancements are expected to have improved booking conversion rates in the to-be-reported quarter. Better search and discovery, personalized recommendations, AI-generated listing and review highlights and simplified checkout processes are likely to have enhanced user engagement. The expansion of Reserve Now, Pay Later and simplified service fees is expected to have supported booking growth, improved affordability and strengthened host competitiveness.
Airbnb's expanding hotel inventory is likely to have contributed to growth in the to-be-reported quarter. Hotel nights grew approximately three times faster than home nights in the second quarter, reflecting strong demand. The expansion of Airbnb Services, including car rentals, grocery delivery, airport pickup and luggage storage, alongside growing Experiences offerings, is expected to have supported customer engagement and platform adoption.
However, Airbnb's third-quarter 2026 performance is likely to have been hurt by higher investments in product development, artificial intelligence and sales and marketing initiatives. Increased spending on business expansion and customer incentives, alongside tougher year-over-year comparisons, is expected to have pressured margins. The company anticipates a slight year-over-year decline in adjusted EBITDA margin due to the timing of investment.
What Our Model Says
Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. But that’s not the exact case here.
Airbnb currently has an Earnings ESP of -1.79% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With Favorable Combination
Here are some stocks worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
View the Zacks #1 Rank List
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Airbnb to Report Q3 Earnings: What's in Store for the Stock?
Key Takeaways
Airbnb (ABNB - Free Report) is set to report its third-quarter 2026 results on Nov. 5.
For the third quarter of 2026, Airbnb expects revenues between $4.69 billion and $4.77 billion, implying growth of 15-17%.
The Zacks Consensus Estimate for third-quarter 2026 revenues is pegged at $4.75 billion, suggesting an increase of 15.98% from the year-ago quarter’s reported figure.
The consensus mark for third-quarter 2026 earnings is pegged at $2.89 per share, which has been unchanged over the past 30 days. This indicates 30.77% year-over-year growth.
Airbnb, Inc. Price and EPS Surprise
Airbnb, Inc. price-eps-surprise | Airbnb, Inc. Quote
The company’s earnings beat the Zacks Consensus Estimate in one of the trailing four quarters while missing on three occasions, with the negative average surprise being 5.15%.
Let’s see how things have shaped up prior to this announcement.
Factors Likely to Have Impacted ABNB’s Q3 Performance
Airbnb’s third-quarter 2026 performance is expected to have benefited from strong global travel demand, accelerating bookings, improving average daily rates (ADR) and continued momentum across its core and expansion markets. In the to-be-reported quarter, the company expects gross booking value to grow in the mid-teens year over year, driven by low double-digit growth in Nights and Seats Booked and a moderate increase in ADR, supported by favorable business mix and price appreciation.
The company is likely to have benefited from strong demand across North America, Europe, Latin America and Asia Pacific. Expansion markets, particularly India and Brazil, are expected to have supported growth through increasing adoption among first-time bookers. Improving demand across established markets, including the United States, France, the United Kingdom and Australia, is likely to have strengthened booking volumes.
The company’s ongoing investments in artificial intelligence (AI)-powered product enhancements are expected to have improved booking conversion rates in the to-be-reported quarter. Better search and discovery, personalized recommendations, AI-generated listing and review highlights and simplified checkout processes are likely to have enhanced user engagement. The expansion of Reserve Now, Pay Later and simplified service fees is expected to have supported booking growth, improved affordability and strengthened host competitiveness.
Airbnb's expanding hotel inventory is likely to have contributed to growth in the to-be-reported quarter. Hotel nights grew approximately three times faster than home nights in the second quarter, reflecting strong demand. The expansion of Airbnb Services, including car rentals, grocery delivery, airport pickup and luggage storage, alongside growing Experiences offerings, is expected to have supported customer engagement and platform adoption.
However, Airbnb's third-quarter 2026 performance is likely to have been hurt by higher investments in product development, artificial intelligence and sales and marketing initiatives. Increased spending on business expansion and customer incentives, alongside tougher year-over-year comparisons, is expected to have pressured margins. The company anticipates a slight year-over-year decline in adjusted EBITDA margin due to the timing of investment.
What Our Model Says
Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. But that’s not the exact case here.
Airbnb currently has an Earnings ESP of -1.79% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With Favorable Combination
Here are some stocks worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
Analog Devices (ADI - Free Report) has an Earnings ESP of +2.23% and a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Analog Devices is slated to report fourth-quarter fiscal 2026 results on Nov. 24. Analog Devices shares have gained 52.3% year to date.
NVIDIA (NVDA - Free Report) has an Earnings ESP of +3.46% and carries a Zacks Rank #2 at present.
NVIDIA is set to report third-quarter fiscal 2027 results on Nov. 17. NVIDIA shares have gained 8.4% year to date.
Telos (TLS - Free Report) has an Earnings ESP of +5.26% and carries a Zacks Rank #1 at present.
Telos is set to report third-quarter 2026 results on Nov. 9. Telos shares have risen 2.2% year to date.