Airbnb revenue surges 18% but omits required controls disclosure; $2.5B debt refinancing

Filed May 7, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 1, 2025 · ~1 min read

Key Changes

• high

  Current 10-Q omits mandatory SEC disclosure on effectiveness of disclosure controls and internal controls over financial reporting as of March 31, 2026—a required quarterly certification.

  Controls & Procedures verify on EDGAR →
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  Revenue grew 18% to $2.7B (vs 6% prior year) but net income flat at $160M due to $69M one-time CAMT tax hit; effective tax rate spiked from 11% to 43%.

  MD&A: Results of Operations verify on EDGAR →
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  Issued $2.5B senior notes (4.40%-5.25% fixed rates) to refinance $2.0B zero-coupon convertible debt; $1.7B swapped to floating SOFR, introducing rate volatility exposure.

  MD&A: Liquidity & Capital verify on EDGAR →