Airbnb (NASDAQ:ABNB) Posts Earnings Results, Misses Estimates By $0.05 EPS

07 May 2026, 23:45 by Amy Steele · The Cerbat Gem

Airbnb (NASDAQ:ABNB – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.05), FiscalAI reports. The firm had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Airbnb had a return on equity of 30.88% and a net margin of 20.51%.The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same quarter last year, the firm 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 Trading Up 0.4%

Airbnb stock opened at $140.46 on Friday. The business’s 50 day simple moving average is $133.41 and its 200 day simple moving average is $129.30. Airbnb has a 12 month low of $110.81 and a 12 month high of $147.25. The company has a market cap of $85.50 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 1.70 and a beta of 1.20.

Airbnb News Summary

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.

Analyst Ratings Changes

Several research firms have recently issued reports on ABNB. Cantor Fitzgerald raised Airbnb from a “neutral” rating to an “overweight” rating in a report on Monday. Mizuho lifted their price target on Airbnb from $156.00 to $175.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Morgan Stanley cut Airbnb from an “underweight” rating to an “underweight” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft raised shares of Airbnb from a “hold” rating to a “buy” rating and set a $154.00 price target on the stock in a report on Friday, February 13th. Finally, DA Davidson reduced their price target on shares of Airbnb from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $153.00.

Check Out Our Latest Stock Report on Airbnb

Insiders Place Their Bets

In other news, insider Nathan Blecharczyk sold 24,788 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $1,738,651.20. This represents a 67.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph Gebbia sold 58,000 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $140.37, for a total value of $8,141,460.00. Following the transaction, the director owned 54,015 shares of the company’s stock, valued at $7,582,085.55. The trade was a 51.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 457,075 shares of company stock valued at $60,358,795 over the last ninety days. 27.21% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Airbnb

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Private Advisor Group LLC increased its stake in Airbnb by 1.0% in the 3rd quarter. Private Advisor Group LLC now owns 8,295 shares of the company’s stock worth $1,007,000 after buying an additional 86 shares in the last quarter. Intrinsic Value Partners LLC lifted its position in shares of Airbnb by 3.7% in the third quarter. Intrinsic Value Partners LLC now owns 2,836 shares of the company’s stock valued at $344,000 after acquiring an additional 100 shares in the last quarter. Colonial Trust Co SC boosted its stake in shares of Airbnb by 15.2% in the fourth quarter. Colonial Trust Co SC now owns 759 shares of the company’s stock worth $103,000 after acquiring an additional 100 shares during the period. NorthRock Partners LLC boosted its stake in shares of Airbnb by 0.4% in the third quarter. NorthRock Partners LLC now owns 27,341 shares of the company’s stock worth $3,320,000 after acquiring an additional 111 shares during the period. Finally, Transamerica Financial Advisors LLC grew its position in shares of Airbnb by 143.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock worth $26,000 after purchasing an additional 112 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors.

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.