Below is the FY26Q1 Airbnb earnings call Trans compiled by Dolphin Research. For our earnings review, see 'Airbnb: Near-term results look fine, but facing a midlife crisis?'.

Alt. stays leader Airbnb$Airbnb(ABNB.US) released FY26 Q1 results this morning (May 8). Overall, the quarter was solid, with most metrics slightly beating estimates. Growth metrics accelerated on FX tailwinds.

The following is Dolphin Research's Trans of $Airbnb(ABNB.US) FY25 Q4 earnings call. For our earnings take, see 'Airbnb: Solid print, but now a cyclical?'.

Alt. lodging leader Airbnb$Airbnb(ABNB.US) reported Q3 FY2025 results this morning, with overall performance beating expectations. Contrary to prior guidance flagging a potential slowdown, bookings and revenue growth re-accelerated across the board, hitting a 25-year high.

The following are the Minutes of the Q3 2025 earnings call organized by Dolphin Research. For an interpretation of the financial report, please refer to "Airbnb: Is it truly climbing out of the trough, or just a 'flash in the pan'?" 1. Review of Core Financial Information This quarter, the total booking amount increased by 14% year-on-year to $22.9 billion, mainly driven by the increase in booking volume and average daily rates. The number of booked nights grew by 9% year-on-year, accelerating by 2 percentage points quarter-on-quarter, with the U.S. market performing particularly strongly. In the third quarter, the growth of booked nights in major regions remained stable or accelerated quarter-on-quarter: Latin America grew by approximately 20%...

Alternative accommodation leader Airbnb$Airbnb(ABNB.US), on November 7th, after the U.S. stock market closed, announced its financial results for the third quarter of fiscal year 2025. Overall, although the monetization rate fell short of expectations, resulting in mixed financial metrics and continued issues with profit margin contraction, the more important operational indicators showed accelerated growth quarter-on-quarter. The guidance for GBV growth in the next quarter also exceeded expectations, suggesting that business growth may finally be rebounding. Specifically: 1. Business growth rebounding: Gross Booking Value (GBV) increased by 14% year-on-year...

The following are the Minutes of Airbnb's Q2 2025 earnings call. For an interpretation of the financial report, please refer to "Airbnb: The Financial Report Seems Good, But Weakening Operational Data is Key." 1. Review of Core Financial Information 1. Review of Performance Indicators • The number of booked nights and seats reached 134 million, a year-on-year increase of 7%. Notably, the growth rates in May and June both exceeded those of the first quarter. It is worth mentioning that "booked nights and seats" is a new indicator, which includes the total number of booked nights for accommodations as well as the total number of booked seats for services and experiences...

Leading homestay platform Airbnb$Airbnb(ABNB.US), on August 7th, after the U.S. stock market closed, announced its financial results for the second quarter of fiscal year 2025. Overall, the performance for the quarter seemed decent, with major financial indicators generally better than the modest expectations, but underlying operational metrics still showed a weakening trend. Key points are as follows: 1. Operational metrics still weakening: The most critical operational metric, the total booking value (GBV) for this quarter was $23.4 billion, a nominal growth of 10.6%. Although it outperformed market expectations and showed a significant acceleration compared to the previous quarter, this was entirely due to favorable exchange rates. Excluding the exchange rate factor...

On May 1st, Beijing time, after the US stock market closed, Airbnb$Airbnb(ABNB.US) announced its Q1 financial report for the fiscal year 2025, with the following key points: 1. Core operating indicators have slowed down significantly: This quarter, Airbnb's total gross booking value (GBV) was $24.5 billion, a year-on-year increase of only 7%, marking the first time it has fallen below 10% since the pandemic, and it directly dropped to only single-digit percentages, with a very noticeable slowdown. Even excluding the impact of unfavorable exchange rates, the growth rate was only 9%, also showing a quarter-on-quarter decrease of about 3 percentage points. Driven by price and volume...

The following is the $Airbnb(ABNB.US) 4Q24 conference call minutes. For financial report commentary, please see "Has Airbnb Finally Come Back to Life?" 1. Review of Key Financial Information 1. For the full year 2024: EBITDA totaled $4 billion, with an adjusted EBITDA margin of 36%; since 2020, the EBITDA margin has expanded by over 4000 basis points; free cash flow was $4.5 billion, with a free cash flow margin of 40%; by the end of the year, the company's cash and investments amounted to $10.6 billion...