Airbnb records highest ever quarterly net income
11/06/2021|5:34:58 PM|Airbnb

Airbnb published its results for third quarter 2021. In Q3 2021, Nights and Experiences Booked of 79.7 million represented a significant increase from a year ago (+29% Y/Y) and slight decrease compared to Q3 2019 levels (-7% Y/2Y). Excluding Asia Pacific, global Nights and Experiences Booked exceeded 2019 levels in the quarter. Continued strength in ADR drove even stronger GBV performance than Nights and Experiences Booked. In Q3 2021, GBV was $11.9 billion, representing a year-over-year increase of 48% (or 46% ex-FX) and an increase of 23% compared to Q3 2019.

Q3 revenue of $2.2 billion was our highest ever 36% higher than Q3 2019. It also exceeded Q3 2020 revenue of $1.3 billion by nearly 70% year-over-year. More significantly, year-over-two-year revenue growth more than tripled from 10% in Q2 2021 to 36% in Q3 2021. The sequential acceleration reflects continued strength in North America, EMEA and Latin America, as well as high ADRs. Q3 is typically our largest quarter due to summer travel peak.

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