Airbnb Q3 revenue up 18% to $3.4 billion; net income lifted by $2.8 billion tax benefit
Airbnb reported third-quarter 2023 revenue of $3.4 billion, up 18% from a year earlier, and net income of $4.4 billion. Net income included a one-time, non-cash $2.8 billion income tax benefit, so adjusted net income of $1.6 billion, up from $1.2 billion, better reflects operations. For shareholders, the company guided fourth-quarter revenue to $2.13 billion to $2.17 billion, implying 12% to 14% growth, and said it repurchased $500 million of stock in the quarter.
Key points
- Q3 revenue of $3.4 billion, up 18% year-over-year (14% excluding FX)
- Q3 net income of $4.4 billion included a $2.8 billion one-time, non-cash tax benefit; adjusted net income was $1.6 billion versus $1.2 billion a year earlier
- Adjusted EBITDA of $1.8 billion, up 26% year-over-year
- Q4 2023 revenue outlook of $2.13 billion to $2.17 billion, implying 12% to 14% growth; company expects nights booked growth to moderate
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 01, 2023.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.