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August 21, 2023

Airbnb issued 2nd quarter financial results of 2023

by Alices Home
Airbnb Results

Airbnb issued 2nd quarter financial results of 2023

Alices Home
August 21, 2023
Airbnb Results

Table of Contents

Today Airbnb issued its second quarter 2023 financial results. You can read the details here.

"Our Q2 results show the desire to travel and host on Airbnb remains strong. We had over 115 million nights and experiences booked and added a record number of new listings – ending Q2 with over 7 million total active listings. We also saw 18% year-over-year revenue growth and Free Cash Flow of $900 million."
Brian Chesky - CEO and Co-Founder of Airbnb
Brian Chesky
Aribnb Co-Founder and CEO

2nd Quarter Results Overview

Q2 marked another quarter of strong results for Airbnb. Nights and Experiences Booked exceeded 115 million. Revenue of $2.5 billion grew 18% year-over-year (19% ex-FX). Net income was $650 million—our most profitable Q2 on a GAAP basis. Adjusted EBITDA was $819 million, while Free Cash Flow was $900 million, growing 13% year-over-year. 

They also continued to make significant progress across each of their strategic priorities: 

2nd Quarter of 2023 Financial Results

Here’s a snapshot of their Q2 2023 results: 

Airbnb Business highlights

Their strong quarter was driven by a number of positive business trends: 

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