Airbnb reports Q1 growth, expects Q2 revenue slowdown

Airbnb reported solid growth in the first quarter of 2025, with platform spending nearing $25 billion and revenue rising 6% year-over-year to approximately $2.27 billion. Despite the revenue increase, net income dropped to $154 million from $264 million a year earlier, though earnings per share met analyst expectations. The company issued a revenue forecast for the second quarter between $2.99 billion and $3.05 billion, slightly below analyst estimates, and warned of ongoing economic uncertainties impacting US demand. Bookings for nights and experiences increased by 8% to 143.1 million, in line with expectations, although Airbnb noted some 'softness' in travel within North America. Analysts remain cautiously optimistic, with most rating the stock as a 'Hold' and forecasting potential upside in the stock price over the next year. Investors are watching how economic headwinds and shifting travel trends may affect Airbnb's continued growth.