Airbnb reported third-quarter revenue of $4.9 billion, a 19% year-over-year increase, driven by strong demand across all regions. Gross Booking Value rose 21% to $27.7 billion, while net income reached $1.9 billion with a 39% margin. The company raised its full-year revenue growth outlook to the high teens and expects Adjusted EBITDA Margin to increase to approximately 36%. Additionally, Airbnb announced a new share repurchase program authorized for up to an additional $12 billion of Class A common stock. The company operates a global online marketplace for lodging and tourism experiences.
