Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter
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- Airbnb beat Q2 estimates with EPS of $1.37 vs. $1.25 expected and revenue of $3.61 billion vs. $3.58 billion expected, sending shares up 9% in extended trading
- Revenue climbed 17% year-over-year from $3.1 billion, while net income rose to $816 million from $642 million ($1.03 per share)
- Q3 guidance topped analyst projections, with Airbnb forecasting revenue of $4.69–4.77 billion vs. the $4.61 billion expected — implying roughly 14% growth at the midpoint
- Latin America was the fastest-growing region with bookings up about 20%, followed by Asia-Pacific in the high teens; U.S./Canada and Europe/Middle East posted high-single-digit bookings growth
- Brazil and Mexico were singled out as particularly strong, with Airbnb citing "market share gains broadly across Latin America" as evidence of its expansion strategy working
- Free cash flow jumped 30% to $1.25 billion from $962 million a year earlier
Why it matters: Airbnb delivered a clean sweep — top-line beat, bottom-line beat, raised guidance, and 30% free-cash-flow growth — while the regional breakdown shows the growth story is broadening rather than maturing. The 9% after-hours move reflects investors buying into sustained double-digit revenue expansion rather than a one-quarter surprise.
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