Airbnb Inc. shares surged 5.19% in after-hours trading on Thursday, following the release of the company's fourth-quarter financial results and forward-looking guidance.

The vacation rental platform reported Q4 revenue of $2.78 billion, a 12% year-over-year increase that exceeded analyst expectations. More significantly, Airbnb projected Q1 2026 revenue between $2.59 billion and $2.63 billion, surpassing the consensus estimate of $2.53 billion. The company also expects full-year 2026 revenue growth to accelerate to at least low double digits.

According to company reports, Airbnb is banking on premium bookings to counter easing demand from cost-conscious customers, with high-end travelers buoying results amid economic uncertainty. The company has expanded its offerings through new services and hotel partnerships, while experiencing strong growth in Latin American markets that outpaces its North American business.