Airbnb reports $4.9 billion in Q3 2026 revenue

Airbnb announced its third-quarter 2026 financial results, reporting revenue of approximately $4.9 billion. Gross booking value for the period reached $27.7 billion, representing a 21% increase. Net income for the quarter rose to $1.89 billion, up from $1.37 billion in the previous year.

CEO Brian Chesky highlighted two strategic drivers: the expansion into boutique hotel listings and the integration of artificial intelligence. According to Chesky, approximately 35% of guests who book a hotel through the platform return to book a residential property within one year. Additionally, the company reported that customer support costs per booking declined by more than 17% year-over-year due to AI-driven automation.

On the capital allocation front, Airbnb repurchased $700 million of its common stock during the third quarter. Following this, the Board of Directors approved a new $12 billion share repurchase program, adding to the $2.7 billion remaining under its existing authorization.