Airbnb (ABNB) reported net income of US$ 1.9 bi in the third quarter of 2026 (US$ 1,890 mi), compared with US$ 1.4 bi (US$ 1,374 mi) in the same period of 2025. Diluted earnings per share (EPS) were US$ 3.16, versus US$ 2.21 a year earlier. The company also announced a new share buyback program of up to US$ 12 bi in Class A shares.
Revenue totaled US$ 4.9 bi (US$ 4,869 mi), up 19% from 3Q25, or 16% excluding the effect of foreign exchange. Net margin was 39%, versus 34% a year earlier. Profit grew in part due to a US$ 135 mi reduction in the tax provision, since the prior year included a US$ 213 mi provision for deferred tax credits.
Adjusted EBITDA (non-GAAP, earnings before interest, taxes, depreciation and amortization, with other adjustments) was US$ 2.5 bi, up 22% from US$ 2.1 bi in 3Q25. The adjusted EBITDA margin was 52%, versus 50%. Free cash flow was US$ 1.4 bi, and operating cash flow was US$ 1.5 bi.
Nights and seats booked totaled 155.0 mi, up 16%. Gross booking value was US$ 27.7 bi, up 21%. During the quarter, Airbnb repurchased US$ 0.7 bi in Class A shares and had US$ 2.7 bi of remaining authorization as of September 30. On October 30, it entered into a new US$ 1.0 bi revolving credit facility with a five-year term.
For 4Q26, the company projects revenue of US$ 3.22 bi to US$ 3.28 bi, up 16% to 18%. For 2026, it raises its outlook to revenue growth in the "high teens" range (roughly between 17% and 19%) and an adjusted EBITDA margin of about 36%.
