Airbnb
🇺🇸 NASDAQ:ABNB
•
Dec 31, 2024
Airbnb Q4 2024 Earnings Report
Airbnb reported strong Q4 results with 12% revenue growth and improved net income margin.
Key Takeaways
Airbnb posted a solid Q4 2024 with revenue of $2.48 billion, up 12% year-over-year, driven by strong demand and increased nights booked. Net income reached $461 million with a 19% margin. Gross booking value grew 13% to $17.6 billion, reflecting higher travel activity. The company continues to focus on expanding global markets and optimizing its platform.
Revenue increased by 12% year-over-year to $2.48 billion.
Net income improved to $461 million, with a 19% margin.
Gross booking value grew 13% to $17.6 billion.
Nights and experiences booked increased 12% across all regions.
Airbnb Revenue
Airbnb EPS
Airbnb Revenue by Geographic Location
Forward Guidance
Airbnb expects Q1 2025 revenue between $2.23B and $2.27B, representing 4% to 6% YoY growth, with challenges from foreign exchange headwinds and calendar shifts.
Positive Outlook
- Continued strong demand for travel and experiences.
- Growth in international markets, particularly in APAC and Latin America.
- Improved monetization efforts, including new service fees and travel insurance.
- Expanding platform capabilities with new tech and product enhancements.
- Strong free cash flow and disciplined cost management.
Challenges Ahead
- FX headwinds expected to impact revenue growth.
- Q1 2025 faces an unfavorable calendar comparison due to Easter timing and Leap Day in Q1 2024.
- Adjusted EBITDA margin expected to decline slightly due to higher investment in new business areas.
- Increasing competition in key markets may pressure pricing and margins.
- Stock-based compensation expense continues to rise, impacting profitability.