Airbnb — May 7, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-211816
Showing in the filing
Nights and Seats Booked growth
“slightly decelerate, relative to Q1 2026”
Period
Q2 FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 13
Revenue for Q2 FY2026
“$3.54 billion to $3.60 billion”
Revenue year-over-year growth for Q2 FY2026
“14% to 16%”
FX tailwind to revenue growth for Q2 FY2026
“approximate 3% FX tailwind”
Implied take rate for Q2 FY2026
“up slightly year-over-year”
GBV growth (Y/Y) for Q2 FY2026
“increase in the low double digits year-over-year”
FX tailwind to ADR for Q2 FY2026
“significantly lower in Q2 2026 than in Q1”
Nights and Seats Booked growth for Q2 FY2026
“slightly decelerate, relative to Q1 2026”
Middle East conflict headwind to Nights and … for Q2 FY2026
“estimated roughly 100bps headwind”
Adjusted EBITDA and Adjusted EBITDA Margin for Q2 FY2026
“up year-over-year”
Revenue growth (Y/Y) for FY2026
“accelerate to low to mid teens”
Revenue year-over-year growth for FY2026
“accelerate to low to mid teens”
Adjusted EBITDA Margin for FY2026
“at least 35%”
Effective tax rate for FY2026
“high teens”
Exhibit 99.1 · the passage around this item
… earlier in the release
¦ In Q2 2026, we expect GBV to increase in the low double digits year-over-year,
driven by growth in Nights and Seats Booked and a moderate increase in ADR. We expect the FX tailwind to ADR to be significantly lower in Q2 2026 than in Q1. ¦ In Q2 2026, we expect Nights and Seats booked growth to slightly decelerate,
relative to Q1 2026, assuming an estimated roughly 100bps headwind related to the conflict in the Middle East. ¦ We expect Adjusted EBITDA and Adjusted EBITDA Margin to be up year-over-year in Q2 2026. Full-Year 2026 ¦ For 2026, we are
raising our guidance and now expect year-over-year revenue growth to accelerate to low to mid teens. ¦ For 2026, we now expect our Adjusted EBITDA Margin to be at least 35%. We will continue to prioritize reinvestment to support growth across
the business, specifically on efficient marketing spend, international expansion, and AI initiatives.
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later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.