Airbnb (NASDAQ:ABNB) Releases Earnings Results, Misses Expectations By $0.05 EPS

07 May 2026, 23:45 by Jessica Moore · The Cerbat Gem

Airbnb (NASDAQ:ABNB – Get Free Report) issued its earnings results on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05), FiscalAI reports. The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a net margin of 20.51% and a return on equity of 30.88%. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.24 earnings per share.

Here are the key takeaways from Airbnb’s conference call:

Airbnb beat Q1 targets with revenue up 18% YoY to $2.7B and GBV up 19%, and raised 2026 guidance to low‑to‑mid‑teen revenue growth with an adjusted EBITDA margin target of at least 35%.
Product and monetization changes — notably the global expansion of Reserve Now, Pay Later, redesigned cancellation policies, and migration to a single service fee — collectively drove roughly +3 points of nights growth and +4 points of GBV in Q1.
AI and efficiency gains are material: ~60% of code is now AI‑assisted, the AI assistant self‑resolves >40% of support issues (vs ~33% in Q4), and cost per booking fell ~10% YoY in Q1.
Event and supply strategy is scaling — the World Cup drive added >100k new listings so far, the Olympics example showed ~30% supply growth and GBV more than tripling, and hotel/experience pilots are bringing new guests to the platform.
Near‑term headwinds and one‑offs: an estimated ~100 bps drag on nights/seats from the Middle East conflict, and Q1 net income was reduced by an approximate $70M deferred tax adjustment related to U.S. AMT changes.

Airbnb Price Performance

Airbnb stock traded up $0.58 during trading hours on Thursday, hitting $140.46. The company had a trading volume of 7,205,449 shares, compared to its average volume of 3,298,638. The firm has a market cap of $85.50 billion, a PE ratio of 34.77, a PEG ratio of 1.70 and a beta of 1.20. Airbnb has a one year low of $110.81 and a one year high of $147.25. The firm has a 50-day moving average of $133.41 and a 200 day moving average of $129.30.

Insider Buying and Selling

In other Airbnb news, Director Joseph Gebbia sold 58,000 shares of the stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $126.16, for a total transaction of $7,317,280.00. Following the transaction, the director owned 170,015 shares in the company, valued at $21,449,092.40. This represents a 25.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nathan Blecharczyk sold 24,788 shares of the stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $145.86, for a total transaction of $3,615,577.68. Following the transaction, the insider owned 11,920 shares in the company, valued at approximately $1,738,651.20. The trade was a 67.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 457,075 shares of company stock worth $60,358,795. Company insiders own 27.21% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Compound Planning Inc. grew its position in shares of Airbnb by 5.1% during the 4th quarter. Compound Planning Inc. now owns 7,335 shares of the company’s stock worth $996,000 after purchasing an additional 358 shares in the last quarter. Axxcess Wealth Management LLC grew its position in shares of Airbnb by 4.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 26,038 shares of the company’s stock worth $3,534,000 after purchasing an additional 1,062 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of Airbnb by 469.5% during the 4th quarter. Corient Private Wealth LLC now owns 246,896 shares of the company’s stock worth $33,509,000 after purchasing an additional 203,543 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of Airbnb by 67.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 103,916 shares of the company’s stock worth $14,103,000 after purchasing an additional 41,759 shares in the last quarter. Finally, Virtue Capital Management LLC grew its position in shares of Airbnb by 232.8% during the 4th quarter. Virtue Capital Management LLC now owns 3,884 shares of the company’s stock worth $517,000 after purchasing an additional 2,717 shares in the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

Positive Sentiment: Revenue beat and full‑year guidance raise — Q1 sales rose ~17.9% to $2.68B and management lifted annual revenue outlook to low‑ to mid‑teens growth, supporting upside expectations. Read More.
Positive Sentiment: Q2 revenue guide topped estimates — next quarter midpoint revenue guidance (~$3.57B) was ~3.1% above Street forecasts, giving investors a reason to stay bullish on near‑term top‑line momentum. Read More.
Positive Sentiment: Analyst and options bullishness — several upgrades and elevated options positioning ahead of the print suggest institutional and derivative-driven support for upside. Read More.
Neutral Sentiment: Product/strategy news: Airbnb is expanding hotel bookings and pushing AI initiatives — potential longer‑term benefits but uncertain near‑term impact on margins and execution. Read More.
Neutral Sentiment: CEO commentary on AI and org changes is attracting attention — could be positive for efficiency long term but creates execution/culture questions in the near term. Read More.
Negative Sentiment: EPS miss — GAAP EPS of $0.26 missed consensus (~$0.31), a key reason some traders faded the print despite the revenue beat. Read More.
Negative Sentiment: Geopolitical cancellations — management cited “slightly elevated” cancellations in EMEA and APAC tied to the Iran war, a risk to near‑term bookings and seasonality. Read More.
Negative Sentiment: Insider selling — director Joseph Gebbia sold a large block (~58k shares) and the CFO sold smaller tranches, which can weigh on sentiment when combined with an earnings miss. Read More.
Negative Sentiment: Mixed media/analyst views — some opinion pieces urged selling into earnings, highlighting valuation and profit‑delivery concerns that could cap upside if execution slips. Read More.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ABNB. Morgan Stanley cut shares of Airbnb from an “underweight” rating to an “underweight” rating in a report on Monday. Royal Bank Of Canada cut shares of Airbnb from an “outperform” rating to a “sector perform” rating in a report on Monday. HSBC cut shares of Airbnb from a “hold” rating to a “hold” rating in a report on Monday. Barclays upped their target price on shares of Airbnb from $120.00 to $122.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. Finally, UBS Group increased their price target on shares of Airbnb from $149.00 to $153.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Airbnb has a consensus rating of “Moderate Buy” and an average target price of $153.00.

Get Our Latest Analysis on Airbnb

About Airbnb

(Get Free Report)

Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.

Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.

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