Airbnb Reports Mixed Q1 Results Amid Slowing Growth, Uncertainty

Airbnb reported mixed first-quarter results for 2025, with revenue and bookings increasing but net income and adjusted EBITDA declining due to ongoing economic and political uncertainties. The company’s Q2 outlook disappointed investors, forecasting slower growth in nights booked and revenue that is largely in line with, but not exceeding, analyst expectations. Analysts noted a particular slowdown in North American bookings and attributed some of this softness to shorter booking windows and waning U.S. travel demand, partly influenced by trade policy and macroeconomic headwinds. Despite these challenges, Airbnb’s leadership emphasized the platform’s adaptability and strong brand, citing its history of resilience during previous downturns. While international travel to the U.S. has declined, Airbnb management downplayed its impact on overall performance, noting that the segment remains a small portion of their business. Industry analysts maintain a cautious outlook, adjusting price targets and stock valuations to reflect the uncertain environment.