Airbnb reported revenue of $3.6 billion in the second quarter of fiscal year 2026, a 17% year-over-year increase, exceeding market expectations by $100 million. This was primarily driven by strong growth in nights booked, especially in international markets such as India and Latin America. Following this news, the company's stock price jumped over 17% in Friday trading. Management expects full-year sales to reach $14.1 billion with a net profit of $3.2 billion.
MercadoLibre also showed strong performance in the same quarter, with net revenue surpassing $10 billion for the first time, a 50% year-over-year increase. Operating income was $683 million, with an operating profit margin of 6.7%. Analysts generally expect MercadoLibre's full-year revenue for fiscal year 2026 to reach approximately $41 billion.
Airbnb's Q2 revenue of $3.6 billion exceeded expectations, with its stock price jumping over 17% on Friday; MercadoLibre's revenue for the same period surpassed $10 billion for the first time.
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