Airbnb Inc - Ordinary Shares - Class A

Strong Q1 Performance: Airbnb reported a strong start to 2025 with guests spending nearly $25 billion and booking 143 million nights and experiences, representing an 8% year-over-year increase. Revenue for Q1 reached $2.3 billion, up 6% year-over-year; excluding foreign exchange and calendar factors, the revenue growth would have been 11%.

Investment in Core Services and New Offerings: Airbnb has focused on improving the customer experience and preparing for its next chapter by enhancing its core services. Significant upgrades, such as the "Guest Favorites" feature leading to over 350 million nights booked and the implementation of total price display for better price transparency, are aimed at making Airbnb more reliable and attractive to users. Additionally, a June 2025 launch aims to expand offerings beyond accommodations.

Outlook for Q2 2025: For Q2, Airbnb anticipates revenue between $2.99 billion and $3.05 billion, projecting 9% to 11% year-over-year growth. Despite uncertainties in the global economy, Airbnb remains optimistic, highlighting a strong demand for Easter travel in Europe and continued growth in Latin America. Adjusted EBITDA is expected to increase year-over-year with flat to slightly down margins compared to Q2 2024.