Airbnb shares pop 15% on better-than-expected earnings and revenue
Thomas Fuller | Lightrocket | Getty Images
Airbnb shares jumped 15% in extended trading on Thursday after the company reported fourth-quarter earnings and revenue that beat analysts’ estimates.
Here’s how the company did compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earnings per share: 73 cents vs. 58 cents expected
- Revenue: $2.48 billion vs. $2.42 billion expected
Revenue increased 12% from $2.22 billion during the same period last year. Airbnb reported net income of $461 million, or 73 cents per share. A year ago, Airbnb reported a loss of $349 million, or a loss of 55 cents per share.
In the first quarter, Airbnb expects to report revenue between $2.23 billion and $2.27 billion. Analysts were expecting $2.3 billion for the period, according to LSEG. Airbnb said its first quarter of 2024 benefited from both Easter and an extra day in February.
Airbnb also said adjusted profit for the fourth quarter was $765 million, up 4% year over year. Analysts were expecting $653.5 million, according to StreetAccount.
In a letter to shareholders, the company said it has rebuilt its technology stack and rolled out new product updates in recent years that are driving higher conversion rates. The company also teased new offerings that it will launch in May, though it did not disclose additional details.
“Airbnb is a fundamentally stronger company today than it was several years ago,” the letter said. “We’re continuing to build on this momentum in 2025, executing a multi-year strategy to perfect the core service, accelerate growth in global markets, and launch and scale new offerings.”
The company reported 111 million nights and experiences booked, up 12% from a year ago and above the 108.7 million expected by StreetAccount. Gross booking value, which Airbnb uses to report host earnings, service fees, cleaning fees and taxes, totaled $17.6 billion in the fourth quarter. That is above the $17.2 billion expected by analysts polled by StreetAccount.
Airbnb said Airbnb.org, a nonprofit founded by the company, has housed more than 19,000 people and 2,300 pets following the devastating wildfires that broke out in Los Angeles last month. The nonprofit has pledged to offer 100,000 free nights and has received $27 million in donations, including $18 million from Airbnb and its founders.
The company said it has more than five million hosts and eight million active listings around the world. Average daily rates increased 1% from a year ago to $158 in the fourth quarter, the company said.
Airbnb shares were up about 7% for the year before Thursday’s report, topping the Nasdaq, which has gained more than 3%.
The company will hold its quarterly call with investors at 4:30 p.m. ET.
Direxion signage at the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 22, 2025. The holiday-shortened week started with gains in stocks amid a broad advance that saw a continuation of the bullish momentum on Wall Street.
Michael Nagle | Bloomberg | Getty Images
Motive, a company with software for managing corporate trucks and drivers, on Tuesday filed for an initial public offering on the New York Stock Exchange under the symbol “MTVE.”
The paperwork puts Motive among a fast-growing group of tech companies looking to go public in 2026. Anthropic, OpenAI and SpaceX have all reportedly considered making their shares widely available for trading next year.
Motive is smaller, reporting a $62.7 million net loss on $115.8 million in revenue in the third quarter. The loss widened from $41.3 million in the same quarter of 2024, while revenue grew about 23% year over year. The company had almost 100,000 clients at the end of September.
Ryan Johns, Obaid Khan and Shoaib Makani started Motive in 2013, originally under the name Keep Truckin. Makani, the CEO, is Khan’s brother-in-law.
Investors include Alphabet’s GV, Base10 Partners, Greenoaks, Index Ventures, Kleiner Perkins and Scale Venture Partners.
Motive’s AI Dashcam device for detecting unsafe driving “has prevented 170,000 collisions and saved 1,500 lives on our roads,” Makani wrote in a letter to investors. Most revenue comes from subscriptions, although Motive does sell replacement hardware and professional services.
The San Francisco company changed its name to Motive in 2022, and as of Sept. 30, it employed 4,508 people. Motive employs 400 full-time data annotators who apply labels that are meant to enhance artificial intelligence models.
Motive has ongoing patent-infringement litigation with competitor Samsara, which went public in 2021 and today has a $22 billion market capitalization.
WATCH: AI IPO boom next year? The changing 2026 IPO landscape
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Why an analyst sees Meta shares getting back to record highs – plus, another tariff reprieve
A silicon wafer with chips etched into is seen as U.S. Vice President Kamala Harris tours a site where Applied Materials plans to build a research facility, in Sunnyvale, California, U.S., May 22, 2023.
Pool | Reuters
The U.S. will increase tariffs on Chinese semiconductor imports in June 2027, at a rate to be determined at least a month in advance, the Trump administration said in a Federal Register filing on Tuesday.
But in the meantime, the initial tariff rate on semiconductor imports from China will be zero for 18 months, according to the filing from the Office of the U.S. Trade Representative.
As part of an investigation that kicked off a year ago, the agency found that China is engaging in unfair trade practices in the industry.
“For decades, China has targeted the semiconductor industry for dominance and has employed increasingly aggressive and sweeping non-market policies and practices in pursuing dominance of the sector,” the office said in the filing.
The decision to delay new tariffs for at least 18 months signals that the Trump administration is seeking to cool any trade hostilities between the U.S. and China.
Additional tariffs could also become a bargaining chip if future talks break down.
U.S. President Donald Trump and Chinese President Xi Jinping reached a truce in the so-called trade war in October, as part of a deal that included the U.S. slashing some tariffs and China allowing exports of rare earth metals.
The USTR’s Tuesday filing states that tariffs will increase on June 23, 2027.
The notice is the next step in a process focusing on older chips that started during the Biden administration under Section 301 of the Trade Act.
The new 2027 date gives clarity to American firms that have said they are closely watching how U.S. tariffs could affect their businesses or supply chains.
The tariffs are separate from other duties threatened by the Trump administration on Chinese chip imports under Section 232 of the law.
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