Airbnb Q3 FY2026: revenue up 18.9%, net income up 37.6%
Airbnb’s Q3 FY2026 was a clean beat-and-raise quarter: revenue rose 18.9% to $4.869 billion, net income rose 37.6% to $1.890 billion, and Q4 revenue guidance of $3.22–$3.28 billion implies 16.0%–18.0% growth. Read the scorecard for growth and margin, the guidance section for the pace of the beat, and the balance sheet for cash and the payables flag.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $3.16, up 43.0% from $2.21 in Q3 FY2025. Net income was $1.890 billion, or a 38.8% net margin, helped by a $135 million lower income-tax provision versus last year. The lower tax provision is a real boost but not an operating margin gain, so separate it from the 24.4% increase in operating income.
Revenue was $4.869 billion, up 18.9% from $4.095 billion a year earlier and up 34.9% from $3.608 billion in Q2 FY2026. Gross margin held at 86.6%, so the growth came with no gross-margin give-up. The source attributes the increase to strong double-digit nights stayed growth and a moderate ADR increase.
Management guided Q4 FY2026 revenue to $3.22–$3.28 billion, a $3.25 billion midpoint, with 16.0%–18.0% year-over-year growth including an approximate two percentage point FX tailwind. It also raised the full-year outlook to high-teens revenue growth and approximately 36.0% Adjusted EBITDA margin. The Q4 midpoint is below Q3 revenue, so the year-over-year growth rate is the comparable metric.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-05
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