HighGravityDataAirbnb — Nov 7, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-24-253103
Showing in the filing
Revenue growth rate
“will be negatively impacted by the comparison to Q1 2024, which benefited from both the timing of Easter and inclusion of Leap Day”
Period
Q1 FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 15
Local payment methods across five continents for FY2025
“nearly 40”
Local payment methods offered for FY2025
“nearly 40 local payment methods across five continents”
Effective tax rate for FY2024
“approximately 20%”
Stock-based compensation (“SBC”) expense for FY2024
“approximately 25% higher than in full-year 2023”
SBC expense growth for the long term
“will grow largely in-line with headcount growth”
Nights and Experiences Booked growth for Q4 FY2024
“we expect year-over-year growth of Nights and Experienced Booked in Q4 2024 to be higher than Q3 2024”
Year-over-year growth of Nights and Experien… for Q4 FY2024
“higher than Q3 2024”
ADR for Q4 FY2024
“increase modestly on a year-over-year basis”
Revenue for Q4 FY2024
“$2.39 billion to $2.44 billion”
Revenue year-over-year growth for Q4 FY2024
“8% to 10%”
Implied take rate for Q4 FY2024
“slightly lower on a year-over-year basis”
Adjusted EBITDA Margin for FY2024
“approximately 35.5%”
Free Cash Flow Margin for FY2024
“several points above our Adjusted EBITDA Margin”
Adjusted EBITDA Margin for Q4 FY2024
“expected to decline relative to the same time period last year”
Revenue growth rate for Q1 FY2025
“will be negatively impacted by the comparison to Q1 2024, which benefited from both the timing of Easter and inclusion of Leap Day”
Exhibit 99.1 · the passage around this item
… earlier in the release
Q4 2024 Adjusted EBITDA Margin is expected to decline relative to the same time period last year due to
higher marketing and product development expenses. 5 A reconciliation of non-GAAP financial measures to the most comparable GAAP measures is provided at the end of this letter.
In Q1 2025, the year-over-year growth rate of revenue will be negatively impacted by the comparison to Q1 2024, which benefited from
both the timing of Easter and inclusion of Leap Day. For the full-year 2025, we’ll continue to pursue our growth initiatives, including offering new products and services, as well as expanding in global markets. We’re excited to share more
about our 2025 growth and investment plans early next year. Earnings Webcast Airbnb will host an audio webcast to discuss its third quarter results at 1:30 p.m. PT / 4:30 p.m. ET on November 7, 2024. The link to the webcast will be made
available on the Investor Relations website at https://investors.airbnb.com. Interested parties can register for the call in advance by visiting https://registrations.events/direct/ Q4I663650. After registering, instructions will be shared on how to
join the call. Investor Relations Contact: ir@airbnb.com Press Contact: contact.press@airbnb.com About Airbnb Airbnb was born in 2007 when two hosts welcomed three guests to their San Francisco home, and has since grown to over 5 million hosts
who have welcomed over 2 billion guest arrivals in almost every country across the globe. Every day, hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way.
Forward-Looking Statements This letter contains forw
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.