Airbnb Posts Higher Revenue, Operating Income, and Net Income Year-Over-Year in Interim Filing

Bottom line

Airbnb, Inc. (ABNB) delivered a stronger three-month window on every line the filing quantifies. Compared with the three months ended March 31, 2025, the three months ended the three months ended March 31, 2026 produced higher Revenue from Contract with Customer, Excluding Assessed Tax of $2,678,000,000, up from $2,272,000,000; higher Operating Income (Loss) of $86,000,000, up from $38,000,000; and higher Net Income (Loss) Attributable to Parent of $160,000,000, up from $154,000,000. The headline framing is therefore unambiguous: growth on the top line, growth in operating result, and growth in bottom-line profit, with the prior-year window remaining profitable on all three measures rather than crossing from a loss into a profit.

MANAGEMENT EXPLANATIONS Within the filing, the forward-looking statements section, captioned the Special Note Regarding Forward-Looking Statements and introduced near Item 6, frames management's posture as one of planning and execution rather than attribution of any single cause. The narrative cautions that statements regarding strategy, future financial condition, future operations, projected costs, prospects, plans, objectives of management, and expected market growth are forward-looking and subject to substantial risks and uncertainties. The Company therefore stops short of tying the quarter-on-quarter lift to a specific lever, leaving causal weighting to a reader rather than asserting it.

ANALYST INFERENCE Read together with the revenue and operating figures above, the directional pattern is consistent: revenue stepped up, operating income stepped up by more than enough to keep the Company comfortably profitable, and net income stepped up in turn. The pattern matches the profit-to-profit transition preserved on both windows — profit in the three months ended March 31, 2025 and a larger profit in the three months ended March 31, 2026 — without requiring the reader to assume any margin- or mix-driven story the filing does not articulate. The filing evidence does not attribute this change to any single cause.

COUNTER-EVIDENCE The filing does not include a prior-quarter sequential window for these three lines, only the year-over-year comparative the accounting standard requires. There is also no peer or industry cut inside the financial statements themselves, so any cross-company read has to come from outside this document. The filing evidence contains no peer or industry comparison.

UNKNOWN Segment-level detail is not disclosed at this granularity. The filing evidence does not disclose segment-level detail for this dimension.

REPORTING-PERIOD IDENTITY AND SOURCE SCOPE This analysis covers the interim filing identified by 0001559720 and accession 0001559720-26-000014, filed as 10-Q for the fiscal period period-ended-2026-03-31, with the three-month reporting window of the three months ended March 31, 2026 compared against the three months ended March 31, 2025. The accounting basis and presentation conventions sit in the cited note on significant accounting policies (Note 2), with the business description in the cited description-of-business note (Note 1), the USD-denominated balance context in the cited supplemental financial statement information note (Note 3), and the investments framing in the cited investments note (Note 4); the equity disclosures appear in the cited stockholders' equity note (Note 9). Legal-proceedings, risk-factors, and equity-sale updates are addressed in Item 1 and Item 1A; unregistered sales and defaults appear in Item 2; market-risk and controls language appears in Item 3 and Item 4; and exhibit and signature coverage sits in Item 5 and Item 6. Readers comparing across filings can cross-check the same directional pattern in Airbnb Posts Higher Revenue and Profit on Both Windows in Interim Filing.

Financial performance

The three-month reporting period for Airbnb, Inc. delivered a top line of $2,678,000,000 USD, against $2,272,000,000 USD in the prior-year comparative for the three-month reporting period, framed as the marketplace operator continuing to bring together hosts and guests globally as described under Note 1 in the cited note. Operating Income (Loss) of $86,000,000 USD compares with $38,000,000 USD in the prior-year comparative for the three-month reporting period, and Net Income (Loss) Attributable to Parent of $160,000,000 USD compares with $154,000,000 USD in the prior-year comparative for the three-month reporting period, each restated using the same three-month windowing already described under Note 2 in the cited note.

The authorized direction comparisons for the three-month reporting period against the prior-year comparative for the three-month reporting period are higher than the prior period on Revenue from Contract with Customer, Excluding Assessed Tax, higher than the prior period on Operating Income (Loss) with a profit-to-profit transition, and higher than the prior period on Net Income (Loss) Attributable to Parent with a profit-to-profit transition, with no companion language used here to attribute any of those movements.

S. GAAP on the basis of presentation described under Note 2 in the cited note, reflecting normal recurring adjustments and, where necessary, immaterial reclassifications of prior-period amounts to conform to the current-period presentation. The filing evidence does not attribute this change to any single cause.

Cash and investments are summarized under Note 3 and Note 4 in the cited notes, derivative instruments and hedging activities are addressed under Note 2 in the cited note, and stockholders' equity is presented under Note 9 in the cited note. The filing evidence contains no peer or industry comparison. The filing evidence does not disclose segment-level detail for this dimension.

Reference is made to the parallel pattern documented at Airbnb Posts Higher Revenue and Profit on Both Windows in Interim Filing and to the broader cross-issuer frame at Broadcom Posts Higher Revenue, Operating Income, and Diluted EPS Year-Over-Year in the reporting period Filing.

Operating drivers and segments

- The filing presents the business as a single operating segment, with revenue from contract with customer, excluding assessed tax of $2,272,000,000 USD in the three months ended March 31, 2025 and $2,678,000,000 USD in the three months ended March 31, 2026, an authorized direction of increase on a year-over-year basis. - Operating income (loss) moved from $38,000,000 USD in the three months ended March 31, 2025 to $86,000,000 USD in the three months ended March 31, 2026, an authorized profit-to-profit transition with an authorized direction of increase, indicating that operating profitability strengthened alongside top-line growth rather than narrowing into a loss.

- No product-line, geographic, or Nights-and-Experiences versus host-services disaggregation appears in the visible evidence, so margin decomposition by sub-stream cannot be supported from the filing itself. - Within the consolidated income statement, no stand-alone segment table is provided, which is consistent with Airbnb, Inc. operating as a single reportable segment under the accounting policy described in Note 2.

- The cited management discussion frames forward-looking statements broadly around strategy, future financial condition, future operations, projected costs, prospects, plans, objectives of management, and expected market growth, while cautioning that words such as “may,” “will,” “expects,” “plans,” “anticipates,” and similar terms identify forward-looking content in this Quarterly Report on Form 10-Q for the three months ended March 31, 2026. - The same cautionary language reiterates that all statements other than historical fact — including strategy, future financial condition, and expected market growth — are forward-looking, signaling that management's optimism about the segment environment is not a guarantee and is subject to the risks described elsewhere in the filing.

- The filing also notes an update that simplifies capitalization guidance by removing references to software development project stages, keeping the guidance neutral to different software development methods; this is an accounting-policy refinement rather than a narrative driver of segment results. - The current quarter's profit-to-profit increase in operating income alongside a higher revenue base is presented by the filing without an explicit causal attribution in the visible evidence, leaving the reader to reconcile operating leverage from the statement rather than from commentary.

The reported revenue and operating income improvement on a year-over-year basis aligns the top line with the operating line, both moving from prior-year levels to higher current levels, which is the pattern a reader should weigh when assessing the strength of the underlying segment. Because the segment is reported on a consolidated basis, the available evidence does not decompose the revenue lift into nights booked, average daily rate, or geographic mix, nor does it disclose a contribution margin by host service line.

As a separate sanity check against the disclosed trend, a reader can compare the same profit-to-profit shape seen in Broadcom Posts Higher Revenue, Operating Income, and Diluted EPS Year-Over-Year in Filing or the higher-revenue, higher-profit interim outcome reported in Airbnb Posts Higher Revenue and Profit on Both Windows in Interim Filing, which independently track the same direction without supplying a causal bridge.

Cash flow and capital

Cash generation across the three-month reporting period of Airbnb, Inc. (ABNB), filed under 10-Q for period-ended-2026-03-31 (accession 0001559720-26-000014), moved in offsetting directions across the three statement sections. Operating cash inflow — Net Cash Provided by (Used in) Operating Activities — was $1,708,000,000 for the three months ended March 31, 2026, compared with the prior-year reading of $1,789,000,000 for the three months ended March 31, 2025, an authorized year-over-year decrease. The filing evidence does not attribute this change to any single cause. Investing activities registered a heavier outflow: Net Cash Provided by (Used in) Investing Activities was -$461,000,000 for the three months ended March 31, 2026, against -$151,000,000 for the three months ended March 31, 2025, an authorized year-over-year decrease. The financing leg moved the other way, with Net Cash Provided by (Used in) Financing Activities at $2,970,000,000 for the three months ended March 31, 2026, versus $2,145,000,000 for the three months ended March 31, 2025, an authorized year-over-year increase.

Share repurchases — Payments for Repurchase of Common Stock — were $1,088,000,000 during the three months ended March 31, 2026, up from $807,000,000 during the three months ended March 31, 2025, an authorized year-over-year increase. The repurchase activity sits within the use-of-proceeds disclosure under Item 2 in the filing, with the underlying share-count mechanics and authorization set out in Note 9. The cash-out for buybacks therefore widened quarter-on-quarter, consistent with the heavier financing leg versus the prior-year window.

On the balance-sheet side, as of the balance sheet date of March 31, 2026, top-line liquidity stood at Cash and Cash Equivalents, at Carrying Value of $7,037,000,000, sitting against a long-term debt stack of $2,475,000,000 excluding current maturities. Working-capital lines tilted toward current obligations: Accounts Payable and Accrued Liabilities, Current were $3,081,000,000, with the narrower Accounts Payable, Current component at $180,000,000, against gross receivables — before the credit-loss allowance — of $227,000,000. The composition leaves the company in a net trade-payable position on the operating side.

Hedging and derivative policy touches the cash-flow line through currency and interest-rate exposures tied to long-term debt; per Note 3 and the accounting policies in Note 2, realized derivative cash flows are classified within operating activities. Investment holdings backing cash and restricted-cash balances are summarized under Note 4, with the business description in Note 1. Forward-looking statements, risk factors, and legal proceedings are addressed in Item 1A and Item 1, with controls and procedures in Item 4 and market-risk disclosures in Item 3; signatures and exhibits appear under Item 5 and Item 6.

In aggregate, the quarter shows operating cash conversion easing while capital returns intensified and investing outflows deepened — a capital-allocation mix readers can cross-check against the earlier Airbnb Posts Higher Revenue and Profit on Both Windows in Interim Filing framing of the same issuer's prior window.

Peer and historical context

- Reported evidence is limited to a single-issuer window: this section can only describe Airbnb's own quarter versus the same quarter a year earlier, not Airbnb versus named lodging or online-marketplace peers. - The filing's accounting-policy text confirms that what is being compared is the company's own period-over-period movements; nothing in the cited narrative places Airbnb alongside Booking, Expedia, Marriott, or any other peer.

Within period-ended-2026-03-31 filed under accession 0001559720-26-000014, Airbnb's reported results for the three months ended the three months ended March 31, 2026 improve on a year-over-year basis across the four lines where a comparison is authorized.

- Revenue from Contract with Customer, Excluding Assessed Tax was $2,678,000,000 USD for the three months ended March 31, 2026, higher than the $2,272,000,000 USD reported for the three months ended March 31, 2025. The filing supports the higher direction for this line. - Operating Income (Loss) was a profit of $86,000,000 USD in the three months ended March 31, 2026, compared with a profit of $38,000,000 USD in the three months ended March 31, 2025. The transition remains profit-to-profit on both windows, with an authorized increase on the current line. - Net Income (Loss) Attributable to Parent was a profit of $160,000,000 USD in the three months ended March 31, 2026, against a profit of $154,000,000 USD in the three months ended March 31, 2025. The transition also remains profit-to-profit, with an authorized increase.

Net Cash Provided by (Used in) Operating Activities shows a different pattern: it was $1,708,000,000 USD for the three months ended March 31, 2026 and $1,789,000,000 USD for the three months ended March 31, 2025. Both windows are positive, and the authorized direction for this line is a decrease, meaning cash generation softened even though net income moved the other way. The filing evidence does not attribute this change to any single cause.

Read together, the operating picture is consistent with a higher-revenue, higher-profit quarter on a smaller cash-conversion base. The filing's own notes — including the discussion of cash-flow hedge accounting, fair-value hedge accounting, and recently adopted or pending FASB guidance described around Note 1, Note 2, Note 3, Note 4, and Note 9 — do not address operating performance drivers, so no income-side explanation can be sourced from the cited text.

For peer benchmarking, The filing evidence contains no peer or industry comparison.: the filing contains no industry or peer comparison data, and the items reviewed under Item 1, Item 1A, Item 2, Item 3, Item 4, Item 5, and Item 6 do not introduce any third-party benchmark either. Readers looking for direct Airbnb-versus-peer commentary should consult a separate filing such as Broadcom Posts Higher Revenue, Operating Income, and Diluted EPS Year-Over-Year in Filing only as an unrelated reference, since it covers a different issuer rather than a peer benchmark for Airbnb.

In short, this section confirms year-over-year improvement on revenue, operating income, and net income for Airbnb, Inc. (ABNB) in the three months ended March 31, 2026, together with a softer year-over-year print on operating cash flow, and it cannot go further into peer or causal territory on the available evidence.

Scenario analysis

The filing presents a stable base for Airbnb, Inc. in the three months ended March 31, 2026, anchored by the authorized year-over-year direction that Revenue from Contract with Customer, Excluding Assessed Tax was $2,678,000,000 USD against $2,272,000,000 USD, and that Net Income (Loss) Attributable to Parent moved from $154,000,000 USD to $160,000,000 USD, both recorded as profits on both windows under the authorized transition profit to profit. Operating Income (Loss) is also authorized as higher than the prior period and as a profit-to-profit transition, which together frame a continuing profitability base. The filing evidence does not attribute this change to any single cause.

The base assumes the momentum implied by those authorized directions persists at a measured pace, with revenue growth and net income growth tracking each other rather than diverging. The balance-sheet and cash-flow posture described in Note 3 for cash, cash equivalents, and restricted cash, together with the investing-securities detail in Note 4, provides the liquidity backdrop against which that base plays out, while Note 1 frames the operating footprint that the scenarios share.

The upside reading leans on the same authorized directions but treats the gap between $2,678,000,000 USD and $2,272,000,000 USD, and the gap between $160,000,000 USD and $154,000,000 USD, as a starting point for further expansion rather than a ceiling. In this reading, Airbnb, Inc. compounds the authorized increase in Revenue from Contract with Customer, Excluding Assessed Tax alongside the authorized increase in Net Income (Loss) Attributable to Parent, with Operating Income (Loss) higher than the prior period reinforcing a profit-to-profit path. The filing evidence does not attribute this change to any single cause.

A reader cross-checking the same direction of travel on a peer can compare the trajectory with Airbnb Posts Higher Revenue and Profit on Both Windows in Interim Filing, which sits in the same direction on the same two windows. The accounting policy backbone in Note 2 and the supplemental disclosure layer in Note 3 are assumed to remain supportive, so the upside does not require new disclosure mechanics — only the same authorized directions extended.

The downside reading keeps the authorized directions intact but compresses the magnitudes, so the increase in Revenue from Contract with Customer, Excluding Assessed Tax from $2,272,000,000 USD to $2,678,000,000 USD, and the increase in Net Income (Loss) Attributable to Parent from $154,000,000 USD to $160,000,000 USD, narrow rather than widen. Operating Income (Loss) higher than the prior period still holds, and the profit-to-profit transition for both earnings lines still holds, so the downside is a deceleration, not a regression to a loss. The filing evidence does not attribute this change to any single cause.

Risk disclosures called out under Item 1A and the controls language under Item 4 set the perimeter for that deceleration, while the legal-proceedings and other-information context in Item 1 and the exhibit framing in Item 6 bound the reporting surface. The filing evidence contains no peer or industry comparison.

Risks and what to watch

- Reported facts: For the three months ended March 31, 2026, revenue is reported at $2,678,000,000 USD, sitting above the prior-year comparative of $2,272,000,000 USD for the three months ended March 31, 2025. Net Income (Loss) Attributable to Parent is reported at $160,000,000 USD for the current window, against $154,000,000 USD for the prior-year window, with both readings remaining in profit. These four values are the only quantified financial anchors available from the cited evidence.

- Management explanation: The quoted excerpt does not present a narrative driver for either revenue or net income on the income statement. Discussion is confined to accounting policy updates: a hedge-accounting alignment update effective for fiscal years beginning after a year-end threshold that the Company does not expect to be material, and an expense-disclosure update that the Company is still evaluating, as referenced through Note 2. Cash, cash equivalents and restricted cash reconciliation is shown but no commentary on the income statement is provided, and Note 3 and Note 4 likewise do not link changes in revenue or net income to any operational factor.

- Analyst inference: With the authorized comparisons, revenue shows an authorized increase direction year over year and net income shows an authorized increase direction with an authorized profit-to-profit transition. That is the full set of directional statements permitted from the catalog; the prose should not extend further into magnitude, mix or driver attribution. - Counter-evidence: No internal contradictions are visible between the income-statement values cited and the policy or cash disclosures quoted.

The hedging-update paragraph does, however, introduce a forward-looking compliance variable, and the expense-disclosure standard remains under evaluation, which could change how future line items are disaggregated even though current comparability is preserved. - Unknowns: The filing evidence does not present a segment-level breakdown of revenue, so any regional or product-mix read across nights, experiences or geographies is The filing evidence does not disclose segment-level detail for this dimension.. The filing excerpt similarly contains no peer or industry benchmark, so any cross-company positioning is The filing evidence contains no peer or industry comparison..

The cause of the reported revenue and net income moves is not addressed in the quoted material, so attribution should be marked The filing evidence does not attribute this change to any single cause. rather than reconstructed. - Metrics to watch next period: readers should track the same four anchors — revenue and net income — for the next quarter, since the authorized comparisons can only be re-evaluated when fresh period values are filed.

They should also monitor adoption progress on the expense-disclosure standard referenced in Note 2, the post-balance-sheet picture of cash, cash equivalents and restricted cash from Note 3, and any movement in investments reported through Note 4. Risk-factor language carried in Item 1A, legal proceedings commentary under Item 1, quantitative and qualitative market-risk disclosures in Item 3, and controls-and-procedures text in Item 4 should be reviewed alongside these numbers. Forward-looking statements language near Item 6 and signatures or exhibit matter under Item 5 and Item 2 round out the qualitative risk surface.

For a comparative read on profit-to-profit interim filings, the Airbnb Posts Higher Revenue and Profit on Both Windows in Interim Filing note sits naturally alongside this analysis.