Airbnb Stock Jumps After Hours on Q3 Beat and $12 Billion Buyback
Airbnb's Q3 revenue rose 19% to $4.87 billion, topping forecasts. It raised its 2026 outlook and added a $12 billion buyback, and shares jumped after hours.
Airbnb said on Thursday, November 5, 2026, that third-quarter revenue rose 19% to $4.87 billion, beating Wall Street's forecast, according to reports on the results. The company raised its full-year outlook and approved an additional $12 billion share buyback. Shares rose 11.7% after hours, AskTraders reported, after closing the regular session down 3.5% at $170.13 on a day of heavy selling across the market.
The numbers
Measure | Q3 2026 | Change from a year earlier |
|---|---|---|
Revenue | $4.87 billion | +19% (+16% excluding currency) |
Net income | $1.9 billion | +38% |
Diluted EPS | $3.16 | up from $2.21 |
Adjusted EBITDA | $2.5 billion (52% margin) | +22% |
Nights and experiences booked | 155.0 million | +16% |
Gross booking value | $27.7 billion | +21% |
Sources: AskTraders, Finimize and Panabee summaries of Airbnb's quarterly results. The net income, currency-adjusted growth and gross booking value figures were reported by AskTraders.
Analysts had expected revenue of $4.75 billion, according to LSEG data cited by Finimize. AskTraders put the consensus EPS estimate at $2.85, citing Yahoo Finance.
Outlook and buyback
For the fourth quarter, Airbnb expects revenue of $3.22 billion to $3.28 billion, up 16% to 18% with about 2 percentage points of help from currency moves, according to AskTraders. The site said the average analyst estimate was $3.16 billion, citing Yahoo Finance.
For all of 2026, Airbnb now expects revenue growth in the high teens, according to AskTraders and Finimize, and an adjusted EBITDA margin of about 36%, per AskTraders. The new buyback authorization lets the company repurchase up to an additional $12 billion of its Class A stock.
What it means for investors
Airbnb earns a fee on each stay and experience booked through its app, so the number of nights booked and the total value of those bookings tell you whether demand is holding up. Nights booked rose 16% and booking value 21% in the third quarter, and first-time bookers grew 13%, the fastest since early 2022, AskTraders reported.
A buyback reduces the number of shares outstanding, which can lift earnings per share over time, but it is an authorization, not a promise to buy a set amount by a set date. After-hours moves can also change by the next open; see our guide to stock market hours. For how to judge a report like this one, read how to read an earnings report, and for the rest of Thursday's action see our market close story.
This article is for information only and is not investment advice.
Sources
This article is for information only and is not investment advice. Do your own research before buying or selling any asset.