---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-139392"
form_type: "8-K"
ticker: "ABNB"
cik: "0001559720"
company_name: "Airbnb, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:01:45.245320+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Airbnb Q1 2023: Revenue $1.8B (+20% YoY), first profitable Q1 with $117M net income

## Summary
- Nights & Experiences Booked record >120M, up 19% YoY; active listings grew 18% YoY.
- Revenue $1.8B (+20% YoY, +24% ex-FX); net income $117M vs loss $19M YoY; Adj. EBITDA $262M.
- Free cash flow $1.6B (record); TTM FCF $3.8B (44% margin); share count reduced to 697M.
- Board approved new $2.5B share buyback authorization; $2B repurchased since Aug 2022.
- Cross-border nights booked +36% YoY; long-term stays 18% of gross nights.

## SEC filing metadata
- accession: 0001193125-23-139392
- form_type: 8-K
- ticker: ABNB
- cik: 0001559720
- company_name: Airbnb, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1559720/000119312523139392/0001193125-23-139392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1559720/000119312523139392/d453262d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-139392
- JSON: https://secwatch.observer/filing/0001193125-23-139392.json
- Plain text: https://secwatch.observer/filing/0001193125-23-139392.txt

## Key facts
- Earnings Releases
  Airbnb, Inc. reported first quarter ended March 31, 2023 results: revenue $1.8 billion, net income $117 million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $1.8 billion
  - Net income: $117 million
  - Result: reported results
  source text: --- EX-99.1 Exhibit 99.1 2 Q1 2023 Shareholder Letter We had a strong start to 2023. In Q1, Nights and Experiences Booked hit a record high with over 120 million. Revenue of $1.8 billion grew 20% year-over-year (24% ex-FX). Net income was $117 million—our first profitable Q1 on a GAAP basis. Adjusted EBITDA was $262 million while Free Cash Flow was $1.6 billion,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1559720/000119312523139392/0001193125-23-139392-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.