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Airbnb logoAirbnb ABNB

The company said it released its results for the second quarter ended June 30, 2024 in its August 6, 2024 Shareholder Letter, and that it would hold an earnings conference call at 1:30 p.m. PT the same day.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it released its results for the second quarter ended June 30, 2024 in its August 6, 2024 Shareholder Letter, and that it would hold an earnings conference call at 1:30 p.m. PT the same day.

  2. The company said Adjusted EBITDA for Q2 was $894 million, up 9% year over year.

  3. Airbnb cited removing low-quality supply as one of two major initiatives to improve supply quality. It said it has removed more than 200,000 listings since launching its updated hosting quality system in April 2023.

  4. The company said it referred to non-GAAP financial measures in the Shareholder Letter and the conference call, and that the Letter provides a reconciliation to the nearest GAAP measures.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Airbnb Reports Results for Q2 2024

The company said it released its results for the second quarter ended June 30, 2024 in its August 6, 2024 Shareholder Letter, and that it would hold an earnings conference call at 1:30 p.m. PT the same day.

Source · Based on the filing body and exhibits

Airbnb Q2 Adjusted EBITDA Results

The company said Adjusted EBITDA for Q2 was $894 million, up 9% year over year.

Source · Based on the filing body and exhibits

Status of Low-Quality Supply Removal

Airbnb cited removing low-quality supply as one of two major initiatives to improve supply quality. It said it has removed more than 200,000 listings since launching its updated hosting quality system in April 2023.

Source · Based on the filing body and exhibits

Non-GAAP Reconciliation Provided

The company said it referred to non-GAAP financial measures in the Shareholder Letter and the conference call, and that the Letter provides a reconciliation to the nearest GAAP measures.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.