The Zhitong Finance App learned that on Friday, Airbnb (ABNB.US) rose more than 13% in the premarket to $193.50. According to the news, Airbnb announced financial results for the third quarter of 2026. The report shows that third-quarter revenue increased 19% year over year, reaching US$4.869 billion, higher than the forecast of US$47.5. Total bookings (GBV) increased 21% year over year to US$27.7 billion, mainly benefiting from strong market demand and a moderate rise in average daily rate (Average Daily Rate). Nights and Seats Reservations (Nights and Seats Reservations) increased 16% year over year. Net profit of $1.9 billion was recorded for the quarter, and adjusted EBITDA (Adjusted EBITDA) increased 22% year over year to $2.5 billion, bringing the adjusted profit margin before interest, tax, depreciation and amortization to 52%.
In the third quarter, Airbnb achieved double-digit growth in the number of nights booked in all regions of the world. Growth in the five core markets of the US, France, the UK, Canada, and Australia has further accelerated, and almost all emerging markets are showing the same trend. In North America, the number of night reservations recorded the fastest growth rate in four years. Meanwhile, the growth rate of first-time bookers increased to 13% year over year, the highest level since the beginning of 2022, with Gen Z users growing the fastest.
Additionally, Airbnb announced an additional Class A common share repurchase authorization of up to $12 billion, demonstrating confidence in future growth.