- Don't Overlook Airbnb (ABNB) International Revenue Trends While Assessing the Stock
May 11, 2026
Have you looked into how Airbnb, Inc. (ABNB) performed internationally during the quarter ending March 2026? Considering the widespread global presence of this company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.
In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For investors, understanding a company's reliance on overseas markets has become increasingly crucial, as it offers insights into the company's sustainability of earnings, ability to tap into diverse economic cycles and overall growth potential.
Participation in global economies acts as a defense against economic difficulties at home and a pathway to more rapidly developing economies. However, it also comes with the complexities of dealing with fluctuating currencies, geopolitical risks and different market dynamics.
Our review of ABNB's last quarterly performance uncovered some notable trends in the revenue contributions from its international markets, which are commonly analyzed and tracked by Wall Street experts.
The company's total revenue for the quarter stood at $2.68 billion, increasing 17.9% year over year. Now, let's delve into ABNB's international revenue breakdown to gain insights into the significance of its operations beyond home turf.
A Closer Look at ABNB's Revenue Streams Abroad
Latin America generated $451 million in revenues for the company in the last quarter, constituting 16.8% of the total. This represented a surprise of -9.98% compared to the $501 million projected by Wall Street analysts. Comparatively, in the previous quarter, Latin America accounted for $351 million (12.6%), and in the year-ago quarter, it contributed $343 million (15.1%) to the total revenue.
Asia Pacific accounted for 12.8% of the company's total revenue during the quarter, translating to $342 million. Revenues from this region represented a surprise of +4.59%, with Wall Street analysts collectively expecting $327 million. When compared to the preceding quarter and the same quarter in the previous year, Asia Pacific contributed $351 million (12.6%) and $278 million (12.2%) to the total revenue, respectively.
During the quarter, Europe, the Middle East, and Africa contributed $747 million in revenue, making up 27.9% of the total revenue. When compared to the consensus estimate of $697 million, this meant a surprise of +7.17%. Looking back, Europe, the Middle East, and Africa contributed $930 million, or 33.5%, in the previous quarter, and $597 million, or 26.3%, in the same quarter of the previous year.
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Prospective Revenues in International Markets
Wall Street analysts expect Airbnb to report a total revenue of $3.58 billion in the current fiscal quarter, which suggests an increase of 15.7% from the prior-year quarter. Revenue shares from Latin America, Asia Pacific and Europe, the Middle East, and Africa are predicted to be 8.8%, 8.4%, and 39.3%, corresponding to amounts of $314 million, $300 million, and $1.41 billion, respectively.
For the full year, a total revenue of $13.83 billion is expected for the company, reflecting an increase of 13% from the year before. The revenues from Latin America, Asia Pacific and Europe, the Middle East, and Africa are expected to make up 10.8%, 9.8%, and 39.4% of this total, corresponding to $1.49 billion, $1.36 billion, and $5.45 billion, respectively.
Concluding Remarks
Relying on global markets for revenues presents both prospects and challenges for Airbnb. Therefore, scrutinizing its international revenue trends is key to effectively forecasting the company's future outlook.
In a world where international interdependencies and geopolitical conflicts are ever-increasing, Wall Street analysts closely monitor these trends for companies having international presence to adjust their earnings forecasts. Of course, there are several other factors, including a company's standing within its home borders, that influence analysts' earnings forecasts.
Here at Zacks, we put a great deal of emphasis on a company's changing earnings outlook, as empirical research has shown that's a powerful force driving a stock's near-term price performance. Quite naturally, the correlation is positive here -- an upward revision in earnings estimates drives the stock price higher.
Boasting a remarkable track record that's been externally verified, the Zacks Rank, our unique stock rating system, leverages changes in earnings projections to function as a reliable gauge for predicting short-term stock price movements.
Airbnb, bearing a Zacks Rank #3 (Hold), is expected to mirror the broader market's movements in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Reviewing Airbnb, Inc.'s Recent Stock Price Trends
Over the past month, the stock has gained 9.7% versus the Zacks S&P 500 composite's 9.1% increase. The Zacks Consumer Discretionary sector, of which Airbnb is a part, has declined 2% over the same period. The company's shares have increased 16.6% over the past three months compared to the S&P 500's 7.1% increase. Over the same period, the sector has declined 4.9%
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- Airbnb, Inc. Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next
May 11, 2026
Last week saw the newest quarterly earnings release from Airbnb, Inc. (NASDAQ:ABNB), an important milestone in the company's journey to build a stronger business. It was not a great result overall. Although revenues beat expectations, hitting US$2.7b, statutory earnings missed analyst forecasts by 14%, coming in at just US$0.26 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.NasdaqGS:ABNB Earnings and Revenue Growth May 11th 2026
Following the latest results, Airbnb's 39 analysts are now forecasting revenues of US$13.9b in 2026. This would be a notable 10% improvement in revenue compared to the last 12 months. Per-share earnings are expected to climb 19% to US$5.06. In the lead-up to this report, the analysts had been modelling revenues of US$13.7b and earnings per share (EPS) of US$4.93 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.
See our latest analysis for Airbnb
The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 5.5% to US$156. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Airbnb analyst has a price target of US$181 per share, while the most pessimistic values it at US$110. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that Airbnb's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 14% growth on an annualised basis. This is compared to a historical growth rate of 19% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 9.0% per year. So it's pretty clear that, while Airbnb's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.
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The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Airbnb following these results. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Airbnb going out to 2028, and you can see them free on our platform here.
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Airbnb , and understanding this should be part of your investment process.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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- Airbnb enlists Al Sharpton in fight against Mamdani's short-term rental crackdown in NYC: report
May 11, 2026 · nypost.com
The home-sharing giant has hosted town halls and outreach events in Harlem, Bedford-Stuyvesant and Jamaica, Queens, according to a report.
- Don't Overlook Airbnb (ABNB) International Revenue Trends While Assessing the Stock
May 11, 2026 · zacks.com
Explore how Airbnb's (ABNB) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
- Expedia Spent $279 Million on Acquisitions in Q1, Airbnb Gained $70 Million on Tiqets Deal: Scoop
May 9, 2026
Expedia Group spent $279 million on acquisitions in the first quarter, driven by the closing of its deal to buy the Amsterdam-based Tiqets brand, according to its 10-Q financial filing published Friday.
Airbnb, an investor in Tiqets, looks to have made $70 million on the deal, according to a reference in its own 10-Q for the first quarter.
The price Expedia paid was disclosed in its cash flow statement in a line item called “acquisitions and other, net.” Expedia did not identify it as being tied to the Tiqets acquisition, but it has announced no other acquisitions since 2019.
A source close to Tiqets told Skift they understood the range to be between $250 and $300 million. A financial analyst also said that number makes sense.
Expedia declined to comment beyond the financial filing, and as did Tiqets founder and president Luuc Elzinga, who left the company in March.
Expedia announced its intent to acquire the activities and experiences platform last December. Tiqets raised $105 million in venture funding in 2014, and refinanced debt with a $29 million loan in June 2025.
Airbnb’s Investment in Tiqets Drove Q1 Profit
Airbnb, which led a $60 million Tiqets funding round in 2019, reported a $70 million gain in the first quarter “related to the sale of a privately-held equity investment.”
The gain was a strong contributor to Airbnb’s quarterly results: Its $160 million in net income was “driven primarily by higher revenue, a one-time gain of approximately $70 million related to the sale of a privately-held equity investment, and continued operating expense efficiencies, including customer support,” read its letter to shareholders.
Expedia intends to integrate Tiqets, which has a significant foothold in offering tickets to major tourist attractions, first into its B2B business for partners, and then into the company’s consumer brands.
Airbnb relaunched its own Experiences business a year ago.
Get breaking travel news and exclusive hotel, airline, and tourism research and insights at Skift.com.
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- Airbnb Q1 2026 Earnings: Growth Acceleration Despite War Headwind
May 9, 2026 · seekingalpha.com
Airbnb reported +15% (FXN) revenue growth in 1Q'26 which was its highest topline growth over the last eight quarters. Airbnb estimates Nights growth would have been 10% (vs. the reported 9%) in the absence of the war. The reported revenue growth by region appears much more impressive in regions outside North America, but FX had a substantial impact on such regions.
- 'EXPECTING RECORD DEMAND': Airbnb CEO on FIFA World Cup bookings
May 9, 2026 · youtube.com
Airbnb co-founder and CEO Brian Chesky reveals what spectators are looking for amid bookings on 'The Claman Countdown. #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #airbnb #brianchesky #chesky #fifa #worldcup #soccer #travel #bookings #demand #business #ceo #tourism #hospitality #economy
- Sector Update: Consumer Stocks Rise Late Afternoon
May 8, 2026
Consumer stocks were higher late Friday afternoon, with the State Street Consumer Staples Select Sec
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- Airbnb Q1 Earnings Miss Estimates, Revenues Rise Y/Y, Shares Up
May 8, 2026
Airbnb ABNB posted first-quarter 2026 diluted earnings of 26 cents per share, which missed the Zacks Consensus Estimate by 15.23%. Earnings improved 8.3% from 24 cents in the year-ago quarter.
Revenues were $2.68 billion, up 17.8% year over year and 15% on a forex-neutral basis. The top line beat the Zacks Consensus Estimate by 2.16%.
Demand remained healthy, highlighted by Gross Booking Value of $29.2 billion and Nights and Seats Booked of 156.2 million in the quarter.
ABNB’s implied take rate (revenue divided by Gross Booking Value) was 9.2% in the quarter, roughly in line with 9.3% in the prior-year period. Management attributed some variability to timing effects from Reserve Now, Pay Later, which can shift guest payments closer to the stay date.
Airbnb, Inc. Price, Consensus and EPS SurpriseAirbnb, Inc. Price, Consensus and EPS Surprise
Airbnb, Inc. price-consensus-eps-surprise-chart | Airbnb, Inc. Quote
ABNB shares are up 13.30% while writing this blog.
ABNB’s Demand Held Up Despite Higher Cancelations
ABNB saw nights and seats booked rise 9% year over year to $186.8 million, even as management cited an approximate 100-basis-point headwind tied to elevated cancellations from the conflict in the Middle East. The company noted that, absent the conflict, growth would have been closer to 10%.
Momentum also continued to shift toward mobile. Nights booked on the app increased 22% year over year and represented 63% of total nights booked, up from 58% a year ago. First-time booker growth accelerated to 10%, with particularly strong trends cited in Brazil, Japan and India.
Airbnb’s Q1 Operating Details
In the first quarter of 2026, total costs and expenses as a percentage of revenues decreased 150 basis points (bps) year over year to 96.8% in the reported quarter. Cost of revenues decreased 60 bps year over year. Product development declined 120 bps while sales and marketing expenses increased 330 bps. Operations and support, and general and administrative, as a percentage of revenues, decreased 120 bps and 190 bps, respectively.
Adjusted EBITDA was $519 million, up 24% year over year, with an adjusted EBITDA margin of 19%.
The first quarter of 2026 operating margin contracted 150 bps year over year to 3.2%.
ABNB’s Balance Sheet & Cash Flow
As of March 31, 2026, cash and cash equivalents, short-term investments, and restricted cash totaled $12.1 billion compared with $11 billion as of Dec. 31, 2025. ABNB had $10.6 billion of funds held on behalf of guests.
Net cash provided by operating activities was $1.7 billion in the first quarter of 2026, up from $526 million reported in the fourth quarter of 2025.
ABNB produced $1.70 billion in free cash flow in the quarter, representing a 64% free cash flow margin. Over the trailing 12 months, free cash flow totaled $4.54 billion, equating to a 36% margin, though management noted working-capital impacts tied to the continued expansion of Reserve Now, Pay Later.
Airbnb repurchased $1.1 billion of stock during the first quarter of 2026.
Story Continues
Airbnb’s Outlook Signals Confidence in 2026 Growth
For the second quarter of 2026, Airbnb expects revenues in the range of $3.54-$3.60 billion, implying year-over-year growth of 14-16%, inclusive of an approximate 3% foreign-exchange tailwind after hedging. The company expects Gross Booking Value to rise in the low double digits, driven by growth in nights and seats booked and a moderate increase in Average Daily Rate.
Airbnb also raised its 2026 view, saying it now expects year-over-year revenue growth to accelerate to the low-to-mid teens. On profitability, management is targeting an adjusted EBITDA margin of at least 35% for 2026, while continuing to reinvest in efficient marketing, international expansion and AI initiatives.
ABNB’s Zacks Rank & Stocks to Consider
Airbnb currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Computer and Technology sector include Analog Devices ADI, Applied Materials AMAT, and Audioeye AEYE. Each stock currently carries a Zacks Rank of 2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Analog Devices have gained 50.7% in the year-to-date period. Analog Devices is set to report the second quarter of fiscal 2026 results on May 20.
Applied Materials shares have gained 59.8% in the year-to-date period. Applied Materials is scheduled to report its second-quarter 2026 results on May 14.
Audioeye shares have lost 19% in the year-to-date period. Audioeye is set to report its first-quarter 2026 results on May 13.
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This article originally published on Zacks Investment Research (zacks.com).
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- Airbnb CEO Predicts AI Will Rewrite Job Descriptions
May 8, 2026 · pymnts.com
Airbnb is gaining innovation and efficiency through its use of artificial intelligence, the company said in a shareholder letter released Thursday (May 7).
