Airbnb (ABNB) Announced Q4 2025 Earnings on February 12 2026, Reporting Revenue of $2.8 Billion

Airbnb reported Q4 2025 "Revenue" of "$2.8 billion," which "exceeded the high end of our guidance". "Gross booking value grew 16% year-over-year to $20.4 billion". For the quarter, "Net income was $341 million" and the company "generated $786 million of adjusted EBITDA". Airbnb also "generated 529million of free cash flow" in Q4 and "4.6 billion" for the full year 2025.Key business updates focused on "Project Y," an internal innovation model designed to "Make it easier to find and book a home on Airbnb". Management highlighted the success of "Reserve Now, Pay Later," noting that "guests in the U.S. could book eligible stays paying $0 upfront". Additionally, "Guest Favorites" made up "nearly half of all bookings" in Q4. The company also noted that "Brazil moved from a top ten market to a top five market".Looking ahead, Airbnb expects Q1 revenue to be "2.59billion−2.63 billion". For the full year 2026, management expects "revenue growth to accelerate to at least low double digits" and "adjusted EBITDA margin to be stable year-over-year". The company also mentioned preparing supply for the "2026 FIFA World Cup" and continuing to roll out a custom "AI agent" that is "resolving a third of the support issues without needing a live specialist"