The company said revenue for the 3 months ended September 30, 2024 rose 10% from the same period a year earlier to $3.7 billion. It cited growth in check-ins relating to Nights and Experiences Booked and a modest increase in ADR as the drivers.

1. 01

   The company said revenue for the 3 months ended September 30, 2024 rose 10% from the same period a year earlier to $3.7 billion. It cited growth in check-ins relating to Nights and Experiences Booked and a modest increase in ADR as the drivers.

2. 02

   Airbnb said net income for the 3 months fell 69% from the same period a year earlier to $1.4 billion, and that income tax expense rose by $3.1 billion. Over the same period, Adjusted EBITDA increased 7% to $2.0 billion.

3. 03

   The company said Nights and Experiences Booked for the 3 months reached 122.8 million, up 8% from 113.2 million in the same period a year earlier. It also said GBV rose 10% to $20.1 billion.

4. 04

   The company said it repurchased 8.7 million shares of Class A common stock for $1.1 billion over the 3 months, leaving $4.2 billion available under its repurchase program. As of September 30, 2024, cash, cash equivalents and short-term investments totaled $11.3 billion.

Key figures

Quarter ended September 30, 2024

Revenue

$3.7B

Operating income

$1.5B

Net income

$1.4B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

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