Airbnb (ABNB) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter declined compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The company's filing notes macroeconomic risks, including inflation and interest rates, which are discussed in the risk factors section.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter declined compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The company's filing notes macroeconomic risks, including inflation and interest rates, which are discussed in the risk factors section.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-4.4%
Change from the immediately preceding quarter.
Year-over-year
+20.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $2.1B | +57.6% |
| Sep 30, 2022 | $2.9B | +28.9% |
| Dec 31, 2022 | $1.9B | +24.1% |
| Mar 31, 2023 | $1.8B | +20.5% |
Revenue performance
Revenue decreased from the prior quarter, reflecting a sequential decline. However, on a year-over-year basis, revenue was higher.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. In contrast, revenue exceeded the level reported for the same quarter one year earlier.
What to watch
The filing highlights forward-looking statements regarding macroeconomic conditions, which could affect future demand.