Looking back on consumer internet stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Airbnb (NASDAQ: ABNB) and its peers.

The ways people shop, transport, communicate, learn and play are undergoing a tremendous, technology-enabled change. Consumer internet companies are playing a key role in lives being transformed, simplified and made more accessible.

The 46 consumer internet stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 1.2% while next quarter’s revenue guidance was 0.6% below.

While some consumer internet stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.2% since the latest earnings results.

Airbnb (NASDAQ: ABNB)

Founded by Brian Chesky and Joe Gebbia in their San Francisco apartment, Airbnb (NASDAQ: ABNB) is the world’s largest online marketplace for lodging, primarily homestays.

Airbnb reported revenues of $2.68 billion, up 17.9% year on year. This print exceeded analysts’ expectations by 2.2%. Overall, it was a very strong quarter for the company with an impressive beat of analysts’ EBITDA estimates and revenue guidance for next quarter beating analysts’ expectations.

Interestingly, the stock is up 1.2% since reporting and currently trades at $142.16.

We think Airbnb is a good business, but is it a buy today? Read our full report here, it’s free.

Best Q1: Sea (NYSE: SE)

Founded in 2009 and a publicly traded company since 2017, Sea (NYSE: SE) started as a gaming platform and has since expanded to offer a variety of services such as e-commerce, digital payments, and financial services across Southeast Asia.

Sea reported revenues of $7.33 billion, up 43.2% year on year, outperforming analysts’ expectations by 10.1%. The business had a stunning quarter with an impressive beat of analysts’ EBITDA estimates and solid growth in its users.

Sea achieved the biggest analyst estimate beat among its peers. The company reported 72.6 million users, up 12.4% year on year. The market seems happy with the results as the stock is up 8.4% since reporting. It currently trades at $92.

Is now the time to buy Sea? Access our full analysis of the earnings results here, it’s free.

Weakest Q1: Shutterstock (NYSE: SSTK)

Originally featuring a library that included many of founder Jon Oringer’s photos, Shutterstock (NYSE: SSTK) is now a digital platform where customers can license and use hundreds of millions of pieces of content.

Shutterstock reported revenues of $199.2 million, down 17.9% year on year, falling short of analysts’ expectations by 10.1%. It was a disappointing quarter as it posted a significant miss of analysts’ EBITDA estimates.

Shutterstock delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 25% since the results and currently trades at $13.22.

Read our full analysis of Shutterstock’s results here.

Revolve (NYSE: RVLV)

Launched in 2003 by software engineers Michael Mente and Mike Karanikolas, Revolve (NYSE: RVLV) is a fashion retailer leveraging social media and a community of fashion influencers to drive its merchandising strategy.

Revolve reported revenues of $342.9 million, up 15.6% year on year. This result beat analysts’ expectations by 4.2%. It was a strong quarter as it also logged a narrow beat of analysts’ EBITDA estimates and solid growth in its buyers.

The company reported 2.93 million active buyers, up 8.3% year on year. The stock is down 6.1% since reporting and currently trades at $22.

Read our full, actionable report on Revolve here, it’s free.

Etsy (NYSE: ETSY)

Founded by a struggling amateur furniture maker Robert Kalin and his two friends, Etsy (NYSE: ETSY) is one of the world’s largest online marketplaces, focusing on handmade or vintage items.

Etsy reported revenues of $631.3 million, up 3.1% year on year. This number topped analysts’ expectations by 2.4%. It was a strong quarter as it also produced a solid beat of analysts’ EBITDA estimates.

The stock is up 17% since reporting and currently trades at $73.93.

Read our full, actionable report on Etsy here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand-wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.