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AI brief of an SEC Form 8-K · Airbnb (ABNB)

Airbnb Q1 2024 revenue rises 18% to $2.14 billion; net income more than doubles

Positive Impact 3 of 5 earnings Written later

Airbnb reported first-quarter 2024 revenue of $2.14 billion, up 18% from a year earlier, and net income of $264 million, up 126% from $117 million in Q1 2023. The company also guided to second-quarter 2024 revenue of $2.68 billion to $2.74 billion, which it said implies 8% to 10% year-over-year growth, and it expects that growth to accelerate in Q3 2024.

Key points

  • Q1 2024 revenue was $2.14 billion, up 18% year-over-year, helped in part by the timing of Easter
  • Net income was $264 million, up from $117 million in Q1 2023; net income margin was 12% versus 6%
  • Adjusted EBITDA was $424 million with a 20% margin, compared with $262 million and 14% in Q1 2023
  • Q2 2024 revenue outlook is $2.68 billion to $2.74 billion, implying 8% to 10% year-over-year growth; the company repurchased $750 million of Class A stock in Q1 2024

The filing

CompanyAirbnb (ABNB)
Form8-K, current report
Filed with the SECMay 8, 2024, 4:01 PM ET
Accession number0001193125-24-134183

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing 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 May 08, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.