Airbnb Q2 revenue rises 11% to $2.75 billion; net income falls to $555 million
Airbnb reported second-quarter 2024 results in a shareholder letter furnished with this 8-K. Revenue rose 11% to $2.75 billion and Adjusted EBITDA rose 9% to $894 million, but net income fell from $650 million a year earlier, mainly because of higher income taxes tied to a prior valuation allowance release. The company also gave third-quarter revenue guidance of $3.67 billion to $3.73 billion and said Adjusted EBITDA would be roughly flat with the prior year on a nominal basis.
Key points
- Q2 2024 revenue was $2.75 billion, up 11% from Q2 2023; net income was $555 million, down from $650 million, a 20% net income margin versus 26% a year earlier
- Q2 free cash flow was $1.0 billion, up 16% year-over-year; Q2 share repurchases totaled $749 million
- Q3 2024 revenue guidance is $3.67 billion to $3.73 billion, or 8% to 10% year-over-year growth, and Adjusted EBITDA is expected to approximate Q3 2023 on a nominal basis
- For full-year 2024, the company expects an Adjusted EBITDA Margin of at least 35%
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 August 06, 2024.
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.