Summary: Airbnb (NASDAQ: ABNB) closed lower in regular trading but spiked in after-hours after reporting Q3 2025 results that topped revenue expectations and offered an above-consensus Q4 sales outlook. Here’s everything investors need to know today, November 6, 2025.
Key takeaways
- Share price today: ABNB closed at $120.53 (-1.61%) after trading between $119.82 and $123.39; after-hours the stock rebounded ~4.5% to $126.00 shortly before 5 p.m. ET. [1]
- Q3 headline numbers:Revenue $4.10B (+~10% YoY); EPS $2.21; Gross Booking Value $22.9B (+14% YoY). EPS missed Street consensus, while revenue and bookings outpaced expectations. [2]
- Outlook: Airbnb guided Q4 revenue to $2.66B–$2.72B, slightly above Wall Street’s ~$2.67B view. [3]
- Growth drivers: Management highlighted faster growth outside core markets, with gains tied to payment flexibility (e.g., “Reserve Now, Pay Later”) and region‑specific initiatives. [4]
- Profitability snapshot: Airbnb reiterated strong profitability, noting ~50% adjusted EBITDA margin in Q3 and TTM free cash flow of ~$4.5B. [5]
ABNB price action on November 6, 2025
- Regular session: Shares fell 1.61% to $120.53 on elevated volume (~9.43M shares). Intraday range: $119.82–$123.39. [6]
- After hours: Following the earnings release, ABNB climbed ~4.5% to $126.00 as of ~4:59 p.m. ET. [7]
Context: The after-hours bounce reflects investors’ relief on revenue momentum and Q4 guidance that edges past the Street, despite a modest EPS miss. [8]
Q3 2025: What stood out
- Top line and demand: Revenue reached $4.10B (+~9.7% YoY), with GBV at $22.9B (+14% YoY) as travel demand held up and international markets outperformed. [9]
- Profitability: GAAP EPS came in at $2.21 vs. $2.13 last year; analysts had expected roughly $2.31–$2.32, so the print was a small miss. [10]
- Operating quality: Airbnb highlighted ~$2.1B adjusted EBITDA (~50% margin), $1.3B free cash flow in Q3 (~33% margin), and TTM FCF of ~$4.5B (~38% margin)—all supportive of ongoing reinvestment. [11]
Guidance and early Q4 signals
- Revenue outlook:$2.66B–$2.72B for Q4, a touch above the ~$2.67B consensus. Management pointed to longer booking lead times and the contribution of “Reserve Now, Pay Later” in the U.S. as demand supports the holiday quarter. [12]
Where growth is coming from
Airbnb continues to outgrow in expansion markets relative to core geographies:
- Latin America: Momentum aided by localized payment options, including interest‑free plans in Brazil. [13]
- Asia Pacific: Japan saw about a 27% rise in domestic bookings; India recorded a ~50% increase in first‑time users. [14]
- North America: “Reserve Now, Pay Later” contributed to modest growth and earlier booking behavior despite macro caution. [15]
Product & strategy check: what the company is emphasizing
- Payment flexibility:Reserve Now, Pay Later helped accelerate booking activity and extend lead times—one reason management remains constructive into Q4. [16]
- AI & app experience: Airbnb is rolling out AI‑driven support, AI‑assisted search, and UX improvements (e.g., improved maps, updated cancellation policies) to raise conversion and satisfaction. [17]
- Beyond stays: The company is expanding Airbnb Services and reimagined Experiences, tapping demand that’s increasingly not tied to an accommodation booking. [18]
Earnings call timing
- Today at 5:00 p.m. ET: Airbnb hosts its Q3 2025 earnings webcast. Expect commentary on holiday trends, international expansion, payments (RNPL), AI features, and pace of Services/Experiences. Webcast links and the shareholder letter are on the investor site. [19]
Sector backdrop
Travel peers are also confirming resilient demand. Expedia reported stronger‑than‑expected Q3 results today and raised guidance, an industry data point that can buoy sentiment across online travel. [20]
What this means for ABNB investors
- The bull case today: Revenue growth re‑accelerated into Q3, international markets are comping twice as fast as core regions, and payment/UX innovations appear to be driving earlier and broader demand. Guidance for Q4 sits slightly above consensus, supporting the after‑hours move. [21]
- The watch‑outs: EPS missed estimates and management continues to invest behind growth (new services, AI, market expansion), which can pressure near‑term margins even as it broadens the platform’s opportunity. [22]
Bottom line: As of November 6, 2025, ABNB’s setup into the holidays looks constructive on demand and product momentum. The Street will focus on whether Q4 bookings and margins can validate tonight’s guidance—and whether payment and AI enhancements keep conversion trending up. [23]
Quick FAQ (Today — Nov 6, 2025)
What did Airbnb report for Q3 2025?
Revenue $4.10B (+~10% YoY), EPS $2.21, GBV $22.9B (+14% YoY). [24]
What is Airbnb’s Q4 2025 revenue guidance?
$2.66B–$2.72B, a hair above consensus. [25]
How did the stock trade today?
Closed $120.53 (-1.61%); after hours ~+$5.47 to $126.00 near 5 p.m. ET. [26]
When is the earnings call?
Today at 5:00 p.m. ET; details on Airbnb’s IR site. [27]
This article is for informational purposes only and is not investment advice. Always do your own research before making investment decisions.
References
1. stockanalysis.com, 2. www.reuters.com, 3. www.reuters.com, 4. www.reuters.com, 5. news.airbnb.com, 6. stockanalysis.com, 7. stockanalysis.com, 8. www.reuters.com, 9. www.reuters.com, 10. www.reuters.com, 11. news.airbnb.com, 12. www.reuters.com, 13. www.reuters.com, 14. www.reuters.com, 15. www.reuters.com, 16. news.airbnb.com, 17. news.airbnb.com, 18. news.airbnb.com, 19. investors.airbnb.com, 20. www.reuters.com, 21. www.reuters.com, 22. news.airbnb.com, 23. www.reuters.com, 24. www.reuters.com, 25. www.reuters.com, 26. stockanalysis.com, 27. investors.airbnb.com
