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Airbnb Recorded Its Most Profitable Quarter!

Airbnb recorded its most profitable quarter ever, with a net income of $1.2 billion, up 46% year-over-year!

Airbnb’s revenue grew by 30%, at $2.9 billion in the last quarter, compared to $2.2 billion in the previous year’s period.

airbnb-q3-2022-revenue-growth

In Q3 2022, Airbnb had nearly 100 million Nights and Experiences Booked, up 25% year-over-year, and $15.6 billion in Gross Booking Value, up 31% year-over-year.

Some key highlights for this quarter:

  • Guest demand on Airbnb remains strong: Nights and Experiences Booked increased 25% in Q3 2022 compared to a year ago.
  • Guests are increasingly returning to cities and crossing borders: high-density urban nights booked grew 27% compared to Q3 2021.  
  • Guests continue to stay longer on Airbnb: nights booked from long-term stays remained stable from a year ago at 20% of total gross nights booked.
  • Host community continues to grow, driven by strong demand on Airbnb!
airbnb-kpis-q3-2022

Read Next: Airbnb Business Model.

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