Airbnb Expects Q3 2024 Adjusted EBITDA To Approximate Q3 2023 On Nominal Basis, But For Adjusted EBITDA Margin To Decline Relative To Q3 2023
Portfolio Pulse from Benzinga Newsdesk
Airbnb expects its Q3 2024 Adjusted EBITDA to be similar to Q3 2023 on a nominal basis, but with a decline in Adjusted EBITDA Margin. For the full year 2024, the company anticipates growth in Adjusted EBITDA and a margin of at least 35%, allowing for investment in growth opportunities. Additionally, Airbnb expects its full-year 2024 Free Cash Flow margin to be several points above the EBITDA margin.
August 06, 2024 | 8:30 pm
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Airbnb expects Q3 2024 Adjusted EBITDA to be similar to Q3 2023, but with a lower margin. For the full year 2024, the company anticipates growth in Adjusted EBITDA and a margin of at least 35%, allowing for investment in growth opportunities. Additionally, Airbnb expects its full-year 2024 Free Cash Flow margin to be several points above the EBITDA margin.
The news indicates that Airbnb expects stable Adjusted EBITDA for Q3 2024 compared to Q3 2023, but with a lower margin. However, the company anticipates growth in Adjusted EBITDA for the full year 2024 and a strong margin of at least 35%, which is positive for long-term growth. The expectation of a Free Cash Flow margin above the EBITDA margin further supports a positive outlook.
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