专题：聚焦美股2025年第四季度财报

　　爱彼迎第四季度营收增速提升至12%，自由现金流增长13.7%，至5.21 亿美元。这家住宿租赁平台的股价在周五盘前交易中上涨5.7%。

　　公司公布，夜间住宿与房源预订量同比增长10%，总预订额增长16%，显示出用户在预订上的支出有所增加。同时，公司在营销、运营及客服等领域的开支大幅上升，导致运营利润下滑 37%。

　　全年来看，爱彼迎实现营收122 亿美元，运营利润25.4 亿美元，与 2024 年基本持平。

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责任编辑：郭明煜

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