Airbnb Crushes Q4 Estimates, Stock Pops 5% After Hours
Airbnb posted $2.78B in Q4 revenue, beating expectations and issuing strong Q1 guidance.
Airbnb just dropped a Q4 earnings report that had investors smashing the buy button after hours. The company pulled in $2.78 billion in revenue, up 12% year-over-year and topping the $2.72 billion estimate.
Nights and Seats Booked climbed 10% to 121.9 million — a clear sign that travel demand isn't slowing down anytime soon.
The kicker? Airbnb's Q1 revenue forecast came in above analyst expectations too, which sent shares jumping 5% in extended trading on Thursday.
The home-sharing giant is clearly hitting its stride. Double-digit revenue growth paired with forward guidance that outpaces estimates is exactly the kind of combo that gets attention. Airbnb keeps proving there's plenty of runway left in the short-term rental market.