Airbnb Soars 14% on Strong Q4 Earnings and Optimistic 2025 Outlook

Airbnb (NASDAQ:ABNB) saw its shares surge more than 14% intra-day on Friday after delivering better-than-expected fourth-quarter results and issuing an upbeat revenue forecast for the first quarter of 2025, fueled by robust travel demand.

For Q4, the vacation rental giant posted earnings per share of $0.73, exceeding analyst projections of $0.59. Revenue reached $2.48 billion, surpassing Wall Street’s $2.43 billion estimate.

Gross bookings totaled $17.6 billion, ahead of the $17.2 billion forecast, driven by 111 million nights booked, marking a 12% year-over-year increase and outpacing expectations of 108 million.

The company highlighted record-breaking travel demand, with its Nights and Experiences Booked metric showing its strongest growth of 2024 in Q4. This momentum contributed to 491 million total bookings for the year, generating nearly $82 billion in gross booking value (GBV).

Looking ahead, Airbnb expects Q1 2025 revenue between $2.23 billion and $2.27 billion, below analysts' expectations of $2.3 billion. However, its EBITDA margin forecast of at least 34.5% for the full year aligns closely with Wall Street’s 34.6% projection.