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expectations compiled by FactSet ($4.08bn).Gross booking value (GBV) reached $22.9bn, topping the $21.9bn consensus, as the “reserve now, pay later” option encouraged customers to secure stays without upfront payment.The company said travel demand improved quarter on quarter, with customers demonstrating more confidence in making future holiday plans.That contrasts with earlier in the year when economic uncertainty led many to delay decisions.The shift towards advance bookings—an important trend for the online travel sector—boosted visibility on future nights booked and supported GBV growth, a key metric for platforms reliant on global tourism flows and average daily rates.Net income was broadly unchanged at $1.37bn for the three months to 30 September. Earnings per share rose to $2.21 from $2.13 a year earlier, though that fell short of the $2.31 per share expected by analysts.The company said quarterly profit included a higher tax expense linked to the One Big Beautiful Bill Act passed last summer, which means it is no longer using its corporate alternative minimum tax credit. As a result, Airbnb wrote off a $213m tax asset.Looking ahead, Airbnb expects the legislation to lower its tax burden over time. Management now forecasts an effective tax rate in the mid-to-high teens in 2026, compared with prior guidance of about 20%.Investors following ABNB stock and Airbnb earnings guidance will watch whether the lower structural tax rate translates into stronger net margins in future periods.For the fourth quarter, Airbnb guided sales in a range of $2.66bn to $2.72bn, bracketing the $2.67bn projection from Wall Street. The company expects GBV to grow at a low double-digit percentage rate, with increases driven by average daily rates and more nights and seats booked.The commentary suggests continued resilience in travel demand into year-end, though the guidance implies a slower revenue run-rate than Q3’s double-digit growth.Analysts tracking online travel, short-term rentals and alternative accommodation markets will focus on whether early-booking patterns persist into 2025.Key watchpoints include the pace of international travel recovery, consumer sensitivity to pricing, and the contribution from payment flexibility products such as reserve-now-pay-later.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,848.23 +15.80 (+0.23%)Dow 3047,857.81 +489.18 (+1.03%)Nasdaq23,486.65 -40.52 (-0.17%)Russell 20002,462.09 +6.45 (+0.26%)VIX17.41 -0.19 (-1.08%)Gold4,119.00 -3.00 (-0.07%)PortfolioSign in to access your portfolioSign inTop gainersETOR eToro Group Ltd. 41.95 +4.22 (+11.18%)EWTX Edgewise Therapeutics, Inc. 20.33 +2.05 (+11.19%)BBAI BigBear.ai Holdings, Inc. 6.35 +0.64 (+11.18%)APGE Apogee Therapeutics, Inc. 62.52 +5.74 (+10.12%)LB LandBridge Company LLC 82.38 +7.38 (+9.84%)Top losersLIF Life360, Inc. 75.43 -17.87 (-19.15%)CRWV CoreWeave, Inc. 89.91 -15.70 (-14.87%)WULF TeraWulf Inc. 12.39 -1.91 (-13.39%)CENX Century Aluminum Company 28.22 -4.09 (-12.66%)FRMI Fermi Inc. 22.30 -3.01 (-11.89%)Most activeOPEN Opendoor Technologies Inc. 8.39 +0.42 (+5.20%)NVDA NVIDIA Corporation 194.30 -4.76 (-2.39%)BBAI BigBear.ai Holdings, Inc. 6.35 +0.64 (+11.18%)PLUG Plug Power Inc. 2.4801 -0.0799 (-3.12%)PFE Pfizer Inc. 25.16 +0.77 (+3.14%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersCRWV CoreWeave, Inc. 90.03 -15.58 (-14.75%)BTC-USD Bitcoin USD 103,378.91 -2,143.07 (-2.03%)NBIS Nebius Group N.V. 104.27 -5.68 (-5.17%)APP AppLovin Corporation 599.45 -51.88 (-7.96%)NVO Novo Nordisk A/S 49.02 +3.08 (+6.70%)Top economic events