We issued our second quarter 2026 financial results. You can read the details here.
Overview of Q2 results
Over the first half of 2026, we’ve delivered some of our strongest results in years. In Q2, that momentum accelerated as we exceeded our outlook across every key metric. Revenue grew 17 percent year-over-year to $3.6 billion. GBV grew 16 percent year-over-year to $27.2 billion, driven by continued strong demand as well as a moderate increase in Average Daily Rate (“ADR”). Nights and Seats Booked grew 10 percent year-over-year, accelerating from Q1 2026. Net income was $816 million and Adjusted EBITDA increased 21 percent year-over-year to $1.3 billion, representing an expansion in Adjusted EBITDA Margin to 35 percent.
One of the most encouraging trends in Q2 was that we saw year-over-year growth accelerate not just in our expansion markets, but in many of our largest core markets as well. In fact, net origin nights booked in the U.S., France, the UK, and Australia all accelerated in Q2, reinforcing our confidence that our product innovation is driving demand across our business.
We’ve rebuilt Airbnb from the ground up to be an AI-native company, and it’s showing up in our results. AI, combined with an exceptional team and better execution, is why we’re building and iterating faster than ever before. On key initiatives, we’ve reduced the time from concept to delivery by as much as 60 percent. And compared to the same period last year, we’ve increased the number of features and improvements we’ve shipped this year by nearly 80 percent. This faster pace of innovation is reshaping nearly every part of Airbnb and we believe it’s one of the reasons we’re outperforming our largest peers. Here are some highlights from the quarter:
Making Airbnb better for guests and hosts
Over the past two quarters, we’ve talked about our blueprint for improving Airbnb through hundreds of small improvements that compound over time. Those improvements are making it easier to book, easier to host, and driving growth across the business.
For guests
Search and discovery– With millions of homes and a growing selection of services and experiences on Airbnb, we improved search and discovery to help guests quickly find the right options for every trip.
- A redesigned homepage:Guests now see more relevant recommendations for listings, experiences, services, and destinations.
- Smarter search rankings: Search results prioritize higher-quality homes that are a better fit for each trip.
- Detailed neighborhood maps: Guests can explore nearby restaurants, landmarks, and transportation to better understand the neighborhoods where they’re staying.
Login and sign-up – Every additional step before booking can create friction. We redesigned login and sign-up to help more guests access Airbnb and start booking.
- Redesigned sign-up and login: Guests can now create an account and sign in more easily across iOS, Android, and web.
- Added flexibility:Guests have additional ways to access their account, helping reduce login failures and customer support contacts.
Payments and checkout – The checkout experience can make the difference between browsing and booking. We expanded payment options and streamlined checkout to reduce friction and help more guests complete their booking.
- Reserve Now, Pay Later:Guests can now use Reserve Now, Pay Later on more listings in more countries, and they’ll see it more often throughout the booking journey.
- Flexible cancellation policies: Guests can more easily understand their cancellation options before booking.
- Updated checkout:Checkout now surfaces the most relevant promotions and credits for each guest, as well as eligible payment options.
- Interest-free installments:Eligible guests in Mexico and Brazil can now pay with interest-free installments.
For hosts
Pricing –Effective pricing is one of the biggest drivers of host success. We introduced simpler pricing and more flexible cancellation policies to help hosts succeed.
- Simplified pricing in Airbnb Setup:New hosts can more easily set different weekday and weekend rates.
- Single service fee for API hosts:Hosts can more easily set the same price guests see.
- Updated cancellation policies:We migrated eligible listings from Strict to Firm cancellation policies, helping hosts attract more bookings.
Recommendations and insights –We’re providing hosts with more personalized recommendations and insights to help them improve their listings, attract more bookings, and increase their earning potential.
- Personalized recommendations: Tailored suggestions help hosts improve their listings, calendar availability, and pricing, with proactive notifications that can help them take action.
- Quality insights:Hosts receive specific suggestions for improvement based on recent guest reviews.
Host tools and onboarding –We removed friction throughout the hosting journey, making it easier for hosts to get started, manage their listings, and grow their business.
- Updated earnings dashboard:Hosts can now track their year-over-year performance and better understand earnings trends.
- Improved listing editor:Hosts can more easily highlight important details about their home, including sleeping arrangements.
Expanding what Airbnb offers
In addition to making Airbnb better for hosts and guests, we’re continuing to expand what Airbnb offers. Our 2026 Summer Release marked the next step in that journey.
- Airbnb Services:We expanded Airbnb Services to include grocery delivery, car rentals, airport pickups, and luggage storage. These services address some of the biggest pain points guests face while traveling. And we recently introduced resort passes, giving guests day access to amenities at some of the world’s best hotels. It’s still early days, but we’re seeing real momentum—both in guests’ bookings and how quickly we’re scaling these partner services.
- Airbnb Experiences:We added thousands of new Experiences across our most in-demand categories, increasing Airbnb Experiences supply by nearly 80 percent year-over-year in Q2 2026. As our selection grew, demand grew alongside it, with seats booked accelerating year-over-year and quarter-over-quarter.
- Boutique and independent hotels:We added thousands of boutique and independent hotels to Airbnb across more than 20 top destinations, including New York, Paris, London, Madrid, Rome, and Singapore, with more markets coming this year. Featured hotels come with a price match guarantee and up to 15 percent Airbnb credit that guests can use toward their next booking.1 Approximately 35 percent of first time guests who book a hotel on Airbnb return to book a home.2 While hotels still represent a single-digit percentage of nights booked, they’re seeing significant growth. In fact, hotel nights booked grew approximately three times as fast as our homes business.
Building AI into every part of the trip
As part of our 2026 Summer Release, we introduced AI tools that make Airbnb easier to use at every stage of the trip. For guests, our AI models can now generate highlights from host listing descriptions and guest reviews, making it easier to quickly find information about the things they care about most, like location, amenities, or whether a home is family friendly. Later this year, we’ll introduce AI-generated home comparisons that help guests compare homes across the key attributes that matter most to them. For hosts, we’re rolling out AI-assisted tools that make it easier for them to create a listing and understand pricing and earning opportunities.
AI is also transforming customer support. Our AI assistant, now available in more than 50 languages, has been rated the best AI support assistant in travel.3 Nearly 45 percent of issues that begin with our AI assistant are now resolved without a human agent, up from Q1, while delivering much faster resolution times. Later this year, we’ll begin introducing an AI voice assistant, extending that experience to phone calls.
These improvements are also making our business more efficient. In Q2, our customer support related cost per booking declined approximately 16 percent year-over-year, driven in part by improvements to our AI assistant. We expect this cost to continue declining as our AI assistant resolves a broader range of issues and we introduce new capabilities.
Major events as a growth engine
Major events help us strengthen the Airbnb brand while growing both supply and demand. By partnering with organizers around the world, we introduce millions of people to Airbnb, encourage more people to become hosts, and help cities welcome more visitors. The brand awareness and trust these partnerships create can benefit our business long after the event ends.
The FIFA World Cup 2026™ is one recent example of this strategy in action. As an official Tournament Supporter, Airbnb hosted millions of guest arrivals during the tournament, including many first-time users. More than 150,000 homes across host cities were listed on Airbnb for the first time, helping provide an economic uplift for the local community.
Beyond the World Cup, we’re building a repeatable playbook that scales across global, regional, and local events. Partners include the International Olympic Committee, Tour de France, Art Basel fairs, Lollapalooza festivals, La Liga in Spain, and most recently NASCAR. As we expand these partnerships, we’ll continue strengthening the Airbnb brand and supporting travel demand in destinations around the world.
Outlook
We’re pleased with the results we’ve delivered in the first half of 2026, and are excited about the continued traction from our product innovation and strong demand on our platform across all regions that is driving momentum in the second half of 2026.
Given this strength, we are raising our full-year outlook for both revenue growth and Adjusted EBITDA Margin. The uplift in revenue growth and margin reflects the strong demand on our platform, benefits from investments we’ve made in talent, technology, and marketing as well as strong execution across our product roadmap. We continue to focus on investing behind our growth initiatives.
Q3 2026
- We expect to generate revenue of $4.69 billion to $4.77 billion, representing year-over-year growth of 15 percent to 17 percent, inclusive of an approximate three percentage point FX tailwind after factoring in our hedging program. We expect our implied take rate to remain relatively in-line year-over-year.
- We expect year-over-year GBV growth to be in the mid teens, driven by low double-digit growth in Nights and Seats Booked and a moderate increase in ADR due to mix shift and price appreciation.
- We expect Adjusted EBITDA to increase year-over-year and Adjusted EBITDA Margin to be down slightly compared to Q3 2025, due to timing of investments.
Full-year 2026
- For full-year 2026, we now expect year-over-year revenue growth to improve to at least mid teens, supported by the accelerated pace of Nights and Seats Booked we’ve observed, traction from product and growth initiatives, as well as continued strong travel demand.
- For 2026, we now expect to deliver a full-year Adjusted EBITDA Margin of at least 35.5 percent—an improvement from 2025 that reflects stronger topline growth and underlying operating leverage in our core business, while continuing to invest behind opportunities to drive future growth.
