Airbnb Inc ABNB reported monetary outcomes for the second quarter on Wednesday after the bell. Right here’s a take a look at the important thing metrics from the interval.
Q2 Earnings: Airbnb reported a 13% year-over-year enhance in second-quarter income to $3.1 billion, which beat analyst estimates of $3.03 billion. The corporate reported second-quarter earnings of $1.03 per share, beating analyst estimates of 93 cents per share, in accordance with Benzinga Professional.
Gross reserving worth totaled $23.5 billion, up 11% year-over-year. Nights and Experiences booked got here in at 134.4 million, up 7% year-over-year.
Airbnb stated it generated $1 billion of free money movement in the course of the second quarter. The corporate ended the interval with $11.4 billion in money, money equivalents, short-term investments and restricted money.
“Regardless of world financial uncertainty early within the quarter, journey demand picked up, and nights booked on Airbnb accelerated from April to July,” the corporate stated in a letter to shareholders.
The corporate added, “As of June 30, 2025, we had the authorization to buy as much as $1.5 billion of our Class A standard inventory underneath our present share repurchase plan and in the present day, we’re asserting a brand new share repurchase program with authorization to buy as much as an extra $6 billion of our Class A standard inventory.”
What’s Subsequent: Airbnb expects third-quarter income of $4.02 billion to $4.1 billion. The corporate expects year-over-year progress of Nights and Experiences booked to be “comparatively steady” within the third quarter in comparison with the second quarter.
“Whereas now we have seen an acceleration of nights booked progress in July, notably in North America, we’re aware of the harder year-over-year comparability in direction of the tip of the quarter,” the corporate stated.
Airbnb executives will additional talk about the quarter on a convention name that begins at 4:30 p.m. ET. A hyperlink to the decision is supplied under.
ABNB Value Motion: Airbnb shares had been down 0.77% in Wednesday’s after-hours session, buying and selling at $129.50 at time of publication, in accordance with Benzinga Professional.
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