Q4 22 EPS
$0.48
BEAT +92.00%
Est. $0.25
Q4 22 Revenue
$1.90B
BEAT +2.18%
Est. $1.86B
vs S&P Since Q4 22
-67.5%
TRAILING MARKET
ABNB +6.6% vs S&P +74.1%
Full Year 2022 Results
FY 22 EPS
$2.79
FY 22 Revenue
$8.40B
Market Reaction
Did ABNB Beat Earnings? Q4 2022 Results
Airbnb closed out Q4 2022 with a decisive beat on both the top and bottom lines, as the home-sharing giant posted earnings per share of $0.48 against a consensus estimate of just $0.25, a 92% beat, while revenue of $1.90 billion edged past the $1.86 … Read more Airbnb closed out Q4 2022 with a decisive beat on both the top and bottom lines, as the home-sharing giant posted earnings per share of $0.48 against a consensus estimate of just $0.25, a 92% beat, while revenue of $1.90 billion edged past the $1.86 billion estimate and grew 24.1% year over year. The driving force behind the quarter was a surge in guest demand, with Nights and Experiences Booked reaching 88.2 million, up 20% from Q4 2021, as cross-border travel continued its recovery and urban destinations gained momentum. Net income expanded sharply to $319 million from $55 million a year earlier, and Adjusted EBITDA climbed 52% to $506 million with margins widening to 27%. The broader travel sector appeared to provide a favorable tailwind, with peer operators also reporting robust booking volumes during the period. Looking ahead, Airbnb guided Q1 2023 revenue of $1.75 billion to $1.82 billion, reflecting 16% to 21% growth, while management flagged that new pricing and discounting tools may pressure average daily rates through the remainder of 2023.
Key Takeaways
- • 20% year-over-year growth in Nights and Experiences Booked to 88.2 million
- • Cross-border gross nights booked increased 49% year over year
- • High-density urban nights booked grew 22% year over year
- • Active listings grew 16% year over year to 6.6 million (excluding China)
- • Revenue growth and expense discipline expanded net income margin from 4% to 17%
- • Strong U.S. dollar created FX headwinds on reported metrics
ABNB YoY Financials
Q4 2022 vs Q4 2021, source: SEC Filings
ABNB Earnings Trends
ABNB vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ABNB EPS Trend
Earnings per share: estimate vs actual
ABNB Revenue Trend
Quarterly revenue: estimate vs actual
ABNB Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 25 MISS FY | $0.66 | $0.56 | -15.15% | $2.78B | +2.49% |
| FY Full Year | $4.13 | $4.03 | -2.41% | $12.24B | +0.55% |
| Q3 25 MISS | $2.32 | $2.21 | -4.75% | $4.10B | +0.38% |
| Q2 25 BEAT | $0.94 | $1.03 | +9.49% | $3.10B | +2.18% |
| Q1 25 BEAT | $0.23 | $0.24 | +2.96% | $2.27B | +0.53% |
| Q3 23 BEAT | $1.96 | $6.63 | +238.27% | $3.40B | +6.88% |
| Q4 22 BEAT FY | $0.25 | $0.48 | +92.00% | $1.90B | +2.18% |
| FY Full Year | — | $2.79 | — | $8.40B | — |
| Q2 22 | $0.44 | — | — | — | — |
| Q3 21 BEAT | $0.75 | $1.22 | +62.67% | $2.24B | +9.10% |