Airbnb announced its most profitable second quarter yet on Thursday (Aug. 3), generating a net income margin of 26% — its highest Q2 ever — an 18% increase compared to Q2 2022. Overall, the company’s generated net income of $650 million on $2.48 billion in...
Airbnb saw revenue and demand for its vacation rental business grow in the second quarter, according to a Tuesday (Aug. 2) press release. The company also announced a $2 billion share repurchase program. There were 103.7 million nights and experiences booked in Q2, a quarterly...
August 04, 2023
Airbnb announced its most profitable second quarter yet on Thursday (Aug. 3), generating a net income margin of 26% — its highest Q2 ever — an 18% increase compared to Q2 2022. Overall, the company’s generated net income of $650 million on $2.48 billion in revenue, which was up 72% and 18%, respectively, compared to […]
November 01, 2023
Real estate platform Zillow Group outperformed the industry during the third quarter. Despite a 3% decline in residential revenue year over year (YoY), Zillow outperformed the industry decline of 14%, the company said in a Wednesday (Nov. 1) earnings release. On the other hand, Zillow’s rental marketplace experienced robust growth, with revenue increasing by 34% YoY. Additionally, […]
August 02, 2022
Airbnb saw revenue and demand for its vacation rental business grow in the second quarter, according to a Tuesday (Aug. 2) press release. The company also announced a $2 billion...
