Airbnb Posts Higher Revenue and Profit on Both Windows in Interim Filing

Bottom line

This section's ledger covers the headline income-statement lines for Airbnb, Inc., drawn from the same Quarterly Report on Form 10-Q for period-ended-2026-06-30 that carries accession 0001559720-26-000027. The reported results show that, on both the three-month and six-month year-to-date windows, the company's top line and two key profit lines all sit in positive territory in both the current and prior-year periods, with the authorized year-over-year direction described as an increase in every case.

- For the three-month reporting period, Revenue from Contract with Customer, Excluding Assessed Tax was $3,608,000,000 USD, higher than the prior-year comparative of $3,096,000,000 USD for the three months ended June 30, 2025. Operating Income (Loss) for the three-month window was a profit of $758,000,000 USD, higher than the prior-year comparative profit of $612,000,000 USD. Net Income (Loss) Attributable to Parent for the quarter was a profit of $816,000,000 USD, higher than the prior-year comparative profit of $642,000,000 USD. - For the six-month year-to-date period, Revenue from Contract with Customer, Excluding Assessed Tax was $6,286,000,000 USD, higher than the prior-year comparative of $5,368,000,000 USD for the six months ended June 30, 2025. Operating Income (Loss) for the six-month window was a profit of $844,000,000 USD, higher than the prior-year comparative profit of $650,000,000 USD. Net Income (Loss) Attributable to Parent for the half-year was a profit of $976,000,000 USD, higher than the prior-year comparative profit of $796,000,000 USD. - The filing preserves the profit-to-profit transition on both windows for both Operating Income (Loss) and Net Income (Loss) Attributable to Parent, and the authorized direction on Revenue is increase on both windows as well.

REPORTING-PERIOD IDENTITY AND SOURCE SCOPE: - The filing is the Quarterly Report on Form 10-Q for period-ended-2026-06-30, filed under accession 0001559720-26-000027 by entity Airbnb, Inc. with CIK 0001559720 and ticker ABNB. - The headline figures cited here are taken from the unaudited condensed consolidated statements of operations and related notes within that filing, with basis of presentation described in the cited note on significant accounting policies and entity description in the cited note on description of business. - The forward-looking-statement safe-harbor language quoted in the source narrative sits in the special note preceding Item 1 of Part II, and Item 6 covers the subsequent exhibits and signatures.

ANALYST INFERENCE, COUNTER-EVIDENCE, AND - No single driver is attributable from the filing evidence for the year-over-year changes shown above; that limitation stands as stated: The filing evidence does not attribute this change to any single cause.. - The filing evidence contains no peer or industry comparison, so relative position cannot be inferred from this filing alone: The filing evidence contains no peer or industry comparison.. - The filing evidence does not disclose segment-level detail for the headline lines above: The filing evidence does not disclose segment-level detail for this dimension..

Financial performance

For the three-month reporting period referenced in the 10-Q filed by Airbnb, Inc. under accession 0001559720-26-000027, Revenue from Contract with Customer, Excluding Assessed Tax was $3,608,000,000 USD, compared with $3,096,000,000 USD in the prior-year quarter. Operating Income (Loss) was $758,000,000 USD against $612,000,000 USD, and Net Income (Loss) Attributable to Parent was $816,000,000 USD versus $642,000,000 USD. The filing prints a higher top line than the prior-year quarter, paired with a higher operating result, and a higher bottom line. Both the operating and net lines stayed in profit territory, so the quarter reads as a profit-to-profit continuation rather than a swing between profit and loss.

On the year-to-date basis, the six-month period carried Revenue from Contract with Customer, Excluding Assessed Tax of $6,286,000,000 USD versus $5,368,000,000 USD in the prior-year six-month window. Operating Income (Loss) was $844,000,000 USD against $650,000,000 USD, while Net Income (Loss) Attributable to Parent reached $976,000,000 USD compared with $796,000,000 USD. All three lines again printed higher than their prior-year counterparts, and both the operating and net income lines stayed in profit on both sides of the comparison. The half-year profile therefore mirrors the quarter, with higher revenue matched by a higher operating result and a higher net result, with no change in sign.

The accounting context is described in Note 2, which sets out that the unaudited condensed consolidated financial statements have been prepared in conformity with U.S. GAAP and the SEC's interim financial information rules, with certain annual information and note disclosures condensed or omitted under those rules. The same note states that the interim results are not necessarily indicative of results for the full year and that certain immaterial prior-period amounts have been reclassified to conform to the current period presentation. Management indicates that the interim statements reflect all adjustments consisting only of normal recurring adjustments, which are necessary for a fair statement of the interim periods. Note 2 further addresses the use of estimates, noting that macroeconomic and geopolitical conditions, including inflation, interest rates, foreign currency fluctuations, tariffs, wars and other geopolitical conflicts, and trade controls, require increased judgment, and that changes in estimates and assumptions will be recognized as new events occur and additional information becomes known. The accounting policy on derivative instruments and hedging is also set out in that note, describing how the Company manages foreign currency exchange rate risk and interest rate risk associated with long-term debt, with all derivative instruments recorded on the balance sheets at fair value and presented at gross fair values even where master netting arrangements exist.

The basis-of-presentation note directs readers to read this filing in conjunction with the audited consolidated financial statements and related notes included in the Company's most recent Annual Report on Form referenced in the same note. Note 1 describes the Company as operating a global platform for unique stays, experiences, and services, with a marketplace model connecting hosts and guests online or through mobile devices to book these offerings around the world. The reader-facing scope here covers only the income-statement lines disclosed for the three-month and six-month windows; segment-level detail is not separately broken out for revenue, operating income or net income, and the filing does not present a peer or industry benchmark against which to gauge the absolute level of these results. The forward-looking statements section cautions that actual results could differ materially from those described, that statements speak only as of the date they are made available, and that investors should not place undue reliance on the forward-looking statements. Readers comparing this period to the prior year can corroborate the higher-revenue, higher-operating-income, higher-net-income direction on both windows using the same pattern documented in earlier interim analyses such as REINSURANCE GROUP OF AMERICA INC Posts Higher Revenue and Net Income in period-ended-2026-06-30 Filing. The filing evidence does not attribute this change to any single cause. The filing evidence contains no peer or industry comparison. The filing evidence does not disclose segment-level detail for this dimension.

Operating drivers and segments

- Airbnb, Inc. reports a single operating segment, so segment evidence in this Quarterly Report on Form 10-Q for period-ended-2026-06-30 collapses into the consolidated income-statement lines rather than into separately disclosed business units. - Reported revenue from contracts with customers, excluding assessed tax, was $3,608,000,000 USD for the three-month reporting period the three months ended June 30, 2026, against a prior-year comparative of $3,096,000,000 USD for the three months ended June 30, 2025, an authorized increase.

- The same revenue line was $6,286,000,000 USD for the six-month year-to-date period the six months ended June 30, 2026, against a prior-year comparative of $5,368,000,000 USD for the six months ended June 30, 2025, also an authorized increase. - Reported operating income was $758,000,000 USD for the three months ended June 30, 2026 versus $612,000,000 USD for the three months ended June 30, 2025, an authorized profit-to-profit increase. - On the year-to-date window, operating income was $844,000,000 USD for the six months ended June 30, 2026 versus $650,000,000 USD for the six months ended June 30, 2025, again an authorized profit-to-profit increase.

- The filing offers no disaggregated segment table for the cited periods, so margin commentary here refers to the consolidated operating-income figure rather than a sub-business ratio. The filing evidence contains no peer or industry comparison. - Airbnb's description of itself in the cited note frames the company around guest and host activity on its marketplace, which is the operational engine behind the consolidated revenue line.

- The forward-looking-statement language under the Special Note highlights uncertainty around strategy, future financial condition, projected costs, and expected market growth, while cautioning that words such as "may," "expects," "plans," "anticipates," "could," and "intends" signal forward-looking content. - The accounting-policies note referenced in the filing removes software-development project stage references, keeping capitalization guidance neutral across development methods; that is presented as a clarification rather than as a driver of margin change.

- Investors comparing this release against a peer disclosure can review a parallel earnings piece on REINSURANCE GROUP OF AMERICA INC Posts Higher Revenue and Net Income in Filing to see how another single-segment interim report frames the same revenue and operating-income lines. - The filing does not assign a quantified cause to the consolidated revenue or operating-income shifts between the current and prior-year windows.

The filing evidence does not attribute this change to any single cause. - Investor-relations context such as Lizely Finance Earnings Analysis — UFP TECHNOLOGIES INC Interim Filing: Profit-to-Profit Growth on Both Windows shows the same authorized profit-to-profit transition appearing in other interim filings, without itself supplying a driver story for Airbnb.

Cash flow and capital

- Net Cash Provided by (Used in) Operating Activities for the six months ended June 30, 2026 was $2,978,000,000 USD, higher than the prior-year comparative figure of $2,764,000,000 USD for the six months ended June 30, 2025. - Net Cash Provided by (Used in) Investing Activities for the six months ended June 30, 2026 was a use of cash of -$810,000,000 USD, smaller in magnitude than the prior-year use of cash of -$242,000,000 USD for the six months ended June 30, 2025. - Net Cash Provided by (Used in) Financing Activities for the six months ended June 30, 2026 was $3,541,000,000 USD, higher than the prior-year comparative figure of $2,473,000,000 USD for the six months ended June 30, 2025.

- Reported facts: the year-to-date cash flow lines above are drawn directly from the unaudited condensed consolidated statements of cash flows in 10-Q for period-ended-2026-06-30 filed under accession 0001559720-26-000027 by Airbnb, Inc. (ABNB, CIK 0001559720). - Management explanation: the filing discusses derivative instruments and hedging activities, including cash flow hedges and fair value hedges, in Note 2.

Gains and losses on derivatives are recorded in other income (expense), net, and related cash flows are classified as operating activities. Management also discusses the early adoption of a recent accounting standard update on internally developed software, which had no impact on the unaudited condensed consolidated financial statements at adoption. - Analyst inference: operating cash flow rose alongside revenue and net income for the period, while investing outflows moderated relative to the prior year, and financing inflows strengthened.

The filing evidence does not attribute this change to any single cause. - Payments for Repurchase of Common Stock for the six months ended June 30, 2026 were $2,139,000,000 USD, higher than the prior-year comparative figure of $1,817,000,000 USD for the six months ended June 30, 2025. The capital return activity is also addressed within the stockholders' equity discussion in Note 9.

- Reported facts (balance sheet posture as of the balance sheet date of June 30, 2026): - Cash and Cash Equivalents, at Carrying Value: $6,821,000,000 USD. - Accounts Receivable, before Allowance for Credit Loss, Current: $245,000,000 USD. - Accounts Payable, Current: $144,000,000 USD.

- Accounts Payable and Accrued Liabilities, Current: $3,037,000,000 USD. - Long-term Debt, Excluding Current Maturities: $2,476,000,000 USD. - Counter-evidence: the filing presents only point-in-time balance sheet figures; trend evidence for receivables, payables, accrued liabilities, long-term debt, and cash is not provided in the six-month statement set.

The filing evidence contains no peer or industry comparison. - Unknowns: the filing does not disclose a breakdown of investing outflows between marketable investment purchases, maturities, and capital expenditures in the cited excerpts, nor does it attribute the change in financing cash flow to any single driver. The filing evidence does not attribute this change to any single cause.

Peer and historical context

- Reported facts - Revenue for the three-month reporting period was $3,608,000,000 USD, higher than the prior-year comparative of $3,096,000,000 USD for the three months ended June 30, 2025. - Revenue for the six-month year-to-date period was $6,286,000,000 USD, higher than the prior-year comparative of $5,368,000,000 USD for the six months ended June 30, 2025. - Operating Income (Loss) for the three-month reporting period was $758,000,000 USD, higher than the prior-year comparative of $612,000,000 USD, moving from a profit to a higher profit.

- Operating Income (Loss) for the six-month year-to-date period was $844,000,000 USD, higher than the prior-year comparative of $650,000,000 USD, also a profit-to-profit improvement. - Net Income (Loss) Attributable to Parent for the three-month reporting period was $816,000,000 USD, higher than the prior-year comparative of $642,000,000 USD, a profit-to-profit transition. - Net Income (Loss) Attributable to Parent for the six-month year-to-date period was $976,000,000 USD, higher than the prior-year comparative of $796,000,000 USD, also a profit-to-profit transition.

- Net Cash Provided by (Used in) Operating Activities for the six-month year-to-date period was $2,978,000,000 USD, higher than the prior-year comparative of $2,764,000,000 USD. - Net Cash Provided by (Used in) Investing Activities moved in the opposite direction, decreasing year over year, with the current period negative and the prior-year comparative also negative. - Net Cash Provided by (Used in) Financing Activities increased year over year, with the current period positive and the prior-year comparative also positive.

- Payments for Repurchase of Common Stock increased year over year, with the current period positive and the prior-year comparative also positive. - Management explanations - The filing does not provide a narrative explanation of why the quarter or half-year revenue, operating income, or net income improved relative to the prior-year comparatives. The only management commentary attached to the figures cited here relates to hedge accounting treatment and recent FASB updates, which do not address revenue or earnings drivers.

The filing evidence does not attribute this change to any single cause. - Analyst inference - Both the three-month and six-month windows show a consistent, broad-based improvement, with revenue, operating income, and net income all higher than the prior-year comparatives. The fact that operating income grew alongside revenue suggests that operating leverage is not deteriorating at the headline level, though the filing provides no line-of-sight into cost trends, mix, or unit economics.

- The simultaneous increase in operating cash flow, repurchase activity, and financing cash flow paints a balance-sheet posture that is returning capital rather than stockpiling it, while still expanding the cash engine. - Counter-evidence - The investing line moved in the opposite direction of operating cash flow, declining year over year even though both periods are negative. This may signal a shift in how the Company is deploying capital among marketable securities, but the filing offers no narrative detail.

The filing evidence does not attribute this change to any single cause. - The filing does not break out costs, gross margin, or segment performance, so any reading of the quality of the revenue expansion rests solely on the three reported figures and the authorized direction statements. The filing evidence does not attribute this change to any single cause.

- Unknowns - The filing evidence contains no peer or industry comparison. The filing evidence contains no peer or industry comparison. - Cross-document context - The historical comparison is anchored entirely in 10-Q for Airbnb, Inc.

(ABNB, CIK 0001559720, accession 0001559720-26-000027) covering period-ended-2026-06-30. The accounting-policy and cash-flow-hedge notes cited within Note 2 and Note 3 describe classification and presentation rather than period-over-period drivers, so they do not resolve the cause of the change. The filing evidence does not attribute this change to any single cause.

Scenario analysis

For Airbnb, Inc. in this 10-Q covering the three months ended June 30, 2026, the conditional scenarios rest on the only two P&L building blocks the filing quantifies — top line and bottom line — with both set against their prior-year comparatives.

**Reported facts (the only audited anchors in this section).** - Revenue for the three-month window the three months ended June 30, 2026 was $3,608,000,000 USD, against $3,096,000,000 USD for the three months ended June 30, 2025; the authorized direction is an increase. - Revenue for the six-month window the six months ended June 30, 2026 was $6,286,000,000 USD, against $5,368,000,000 USD for the six months ended June 30, 2025; the authorized direction is an increase. - Net Income (Loss) Attributable to Parent for the three months ended June 30, 2026 was $816,000,000 USD, against $642,000,000 USD for the three months ended June 30, 2025; the authorized transition is profit to profit, with the authorized direction being an increase. - Net Income (Loss) Attributable to Parent for the six months ended June 30, 2026 was $976,000,000 USD, against $796,000,000 USD for the six months ended June 30, 2025; the authorized transition is profit to profit, with the authorized direction being an increase.

**Management explanations.** - Note 2 covers Significant Accounting Policies and the recent FASB updates. Two updates were early adopted with no material impact recorded at adoption, and one pending ASU on expense disaggregation is still being evaluated. None of these pronouncements is presented by management as a forward driver of revenue or net income. - Note 3 reconciles cash, cash equivalents, and restricted cash across the unaudited condensed consolidated balance sheet and the statements of cash flows. The narrative is descriptive and does not project operating-cash generation into the next reporting windows. - Note 1 frames the Company as the host marketplace; the cited note does not introduce scenario inputs such as Nights Booked, GBV, or ADR assumptions that would otherwise let an analyst translate the scenarios into unit economics.

**Analyst inference — conditional scenarios.** - *Base scenario.* The base case treats the authorized year-over-year direction as the central tendency: revenue higher than the prior period on both the quarter and half-year windows, and net income higher than the prior period on both windows while remaining a profit on both windows. Operating Income (Loss) is authorized in the same direction on both windows, so the base case does not require a separate assumption about margin movement. Under this path, the half-year cash-flow profile follows the authorized directions — operating and financing activities higher than the prior period, and investing activities a smaller outflow than the prior period — without asserting a cause. Common-stock repurchases are authorized to be higher than the prior period on the half-year window, so the base case does not assume a step-down in buyback intensity. - *Upside scenario.* The upside case layers the higher-than-prior-period revenue and higher-than-prior-period net-income authorizations onto a path where the half-year cash positions move more favorably than in the base. Specifically, operating cash inflow higher than the prior period combines with the smaller investing outflow to leave more headroom for the higher repurchase pace. No additional revenue driver is asserted beyond the filing's own authorizations; in particular, the upside case does not impute growth from new product launches, geographic expansion, or platform monetization changes that the cited notes do not quantify. - *Downside scenario.* The downside case does not introduce a profit-to-loss transition, because the authorized transition on both windows is profit to profit. Instead it accepts the authorized higher-than-prior-period revenue and higher-than-prior-period net-income directions but assumes they underperform the base magnitude, leaving the half-year operating-cash inflow positive but only marginally higher than the prior period and compressing the room for the higher repurchase pace. Investing outflows deeper than the prior period would compound the squeeze. The downside case explicitly does not rely on a margin re-rating, since the cited notes provide no input for one.

**Counter-evidence and unknowns.** - Item 1A (Risk Factors) is referenced but the quoted context does not enumerate a quantified macro or regulatory shock, so any downside narrative beyond the cash-flow squeeze above would be unsupported. The cited notes likewise do not provide peer comparisons, Nights Booked disclosures, or forward guidance that would let an analyst stress-test these scenarios against an external benchmark — The filing evidence contains no peer or industry comparison.. The accounting-policy notes do not attribute the year-over-year moves in revenue or net income to any single cause, so the cause of any gap versus the scenarios above is The filing evidence does not attribute this change to any single cause.. The investing and financing cash-flow paths are authorized only on the half-year window, so the quarter-only behavior of those lines is treated as not stated here.

Risks and what to watch

- The reported figures in this 10-Q filing for Airbnb, Inc. under accession 0001559720-26-000027 show higher revenue and higher net income on both the three-month and six-month year-to-date windows relative to the prior-year comparatives. Net Income (Loss) Attributable to Parent moved from $642,000,000 USD for the three months ended June 30, 2025 to $816,000,000 USD for the three months ended June 30, 2026, and from $796,000,000 USD for the six months ended June 30, 2025 to $976,000,000 USD for the six months ended June 30, 2026, both staying in profit rather than flipping sign.

Revenue from Contract with Customer, Excluding Assessed Tax moved from $3,096,000,000 USD for the three months ended June 30, 2025 to $3,608,000,000 USD for the three months ended June 30, 2026, and from $5,368,000,000 USD for the six months ended June 30, 2025 to $6,286,000,000 USD for the six months ended June 30, 2026. The expense growth rate cannot be inferred from the filing evidence, so margin direction is not asserted here. The filing evidence does not attribute this change to any single cause.

- Counter-evidence sits mainly in the accounting-policy notes. The cited note on new pronouncements describes still-to-be-applied standards on environmental credits, hedge accounting, and expense disaggregation, each of which could change future presentation or disclosure. The filing evidence does not attribute this change to any single cause.

The cited supplemental-financial-statement-information note also recasts cash, cash equivalents, and restricted cash, including balances held on behalf of customers, which means headline cash figures can shift with the platform's funds-receivable activity even when the underlying operating performance is unchanged. The author reminds readers that an interim filing is not a quarterly cash-flow release, so licensing, host-payout timing, and customer-funds flows may be the real swing factors behind any period-over-period cash walk rather than the operations themselves.

- Unknowns for this section are meaningful. The filing evidence contains no segment-level breakdown, so geographic mix, product mix, and the split between first-time and repeat guests cannot be checked against the reported totals. The filing evidence does not disclose segment-level detail for this dimension.

The filing evidence contains no peer or industry comparison. Forward-looking statements inside the cited special note on forward-looking statements and the cited risk factors section frame macro, regulatory, and FX exposure as ongoing variables, but the filing does not quantify them in dollar terms, so the next print's reaction to any single shock cannot be pre-judged from this evidence alone. - Metrics to watch in the next period are: the year-over-year direction of Revenue from Contract with Customer, Excluding Assessed Tax on the three-month window, the year-over-year direction of Net Income (Loss) Attributable to Parent on the three-month window, the change in Nights Booked or Experiences Booked if disclosed, the trend in take-rate, the movement of customer-held funds shown in the cited supplemental-cash note, the cash used in share repurchases referenced in the cited stockholders'-equity note, and any update to the pending ASU items listed in the cited significant-accounting-policies note.

Readers comparing patterns across other recent interim issuers can cross-check with REINSURANCE GROUP OF AMERICA INC Posts Higher Revenue and Net Income in Filing and Lizely Finance Earnings Analysis — UFP TECHNOLOGIES INC Interim Filing: Profit-to-Profit Growth on Both Windows for how similar profit-to-profit transitions have been framed elsewhere.

- No investment, target-price, or trade instruction is offered; the section above is a factual risk-and-watch summary.