Q2 25 EPS
$1.03
BEAT +9.49%
Est. $0.94
Q2 25 Revenue
$3.10B
BEAT +2.18%
Est. $3.03B
vs S&P Since Q2 25
+1.4%
BEATING MARKET
ABNB +15.4% vs S&P +14.0%
Market Reaction
Did ABNB Beat Earnings? Q2 2025 Results
Airbnb delivered a standout second quarter, posting earnings per share of $1.03 against a consensus estimate of $0.94, a beat of 9.49%, while revenue climbed 12.7% year-over-year to $3.10 billion, edging past the $3.03 billion analysts had expected. … Read more Airbnb delivered a standout second quarter, posting earnings per share of $1.03 against a consensus estimate of $0.94, a beat of 9.49%, while revenue climbed 12.7% year-over-year to $3.10 billion, edging past the $3.03 billion analysts had expected. The headline numbers were powered by a combination of solid nights-booked growth, a modest uptick in average daily rates, and favorable Easter timing, with 134.4 million Nights and Seats Booked marking a 7% year-over-year gain and app-based bookings surging 17% to represent 59% of total nights booked. Net income rose 16% to $642 million, and Adjusted EBITDA climbed 17% to $1.04 billion at a 34% margin, reinforcing the platform's financial discipline even as the company accelerates investment. Heading into the print, investors had closely watched whether international expansion could sustain momentum, and with expansion markets growing at roughly double the pace of core markets for a sixth straight quarter, that answer arrived clearly. For Q3 2025, Airbnb guided revenue of $4.02 billion to $4.10 billion, implying 8-10% growth, with Adjusted EBITDA expected to top $2.00 billion.
Key Takeaways
- • Solid growth in nights stayed and slight ADR increase
- • Favorable Easter timing compared to 2024
- • App bookings grew 17% YoY, now 59% of total nights booked (up from 55%)
- • Expansion markets nights booked growth approximately double that of core markets for six consecutive quarters
- • Cross-currency booking service fee introduced in Q2 2024 contributing to take rate increase
- • Active listings grew slightly above Nights and Seats Booked
ABNB YoY Financials
Q2 2025 vs Q2 2024, 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% |