Airbnb, Inc. released its fourth-quarter financial report, revealing that quarterly revenue rose to $2.5 billion, exceeding the $2.42 billion analyst consensus and marking a significant 12% increase compared to the same period last year. The boost in revenue was largely attributed to a remarkable rise in nights stayed, paired with a modest increase in the Average Daily Rate (ADR).
During the quarter, the company achieved a Gross Booking Value of $17.6 billion, with a total of 111 million nights and experiences booked. This strong performance was further reflected in its financial stability, as Airbnb generated $458 million in free cash flow and delivered an adjusted EBITDA of $765 million, up from the previous year's $738 million.
Looking ahead to the first quarter of 2025, Airbnb expressed optimism about sustained strong demand, forecasting revenue between $2.23 billion and $2.27 billion. The company also provided guidance that, excluding certain factors such as calendar variations and foreign exchange headwinds, annual revenue growth could reach between 10% and 12%. Additionally, after-hours trading saw Airbnb's shares jump by 10.7%, reflecting investor confidence in the company's ongoing business momentum.