Airbnb, Inc. (ABNB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ABNB SEC filings page.
Airbnb, Inc. (ABNB) reported $13.2B in revenue over the twelve months to Jun 30, 2026, up 13.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Airbnb converts a high-margin platform into substantial operating cash, while reinvestment and buybacks increasingly shape its balance sheet.
In FY2025, operating cash flow reached$4.6B against net income of$2.5B , showing that cash generation is materially stronger than the accounting bottom line. That distinction matters because FY2023 net income was lifted by a tax benefit of$2.7B , making earnings comparisons less representative of recurring operating cash.
Gross margin held at
Current ratio fell to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Airbnb, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Airbnb, Inc. has an operating margin of 20.8%, meaning the company retains $21 of operating profit per $100 of revenue. This strong profitability earns a score of 81/100, reflecting efficient cost management and pricing power. This is down from 23.0% the prior year.
Airbnb, Inc.'s revenue grew 10.3% year-over-year to $12.2B, a solid pace of expansion. This earns a growth score of 68/100.
Airbnb, Inc. carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
Airbnb, Inc.'s current ratio of 1.38 indicates adequate short-term liquidity, earning a score of 37/100. The company can meet its near-term obligations, though with limited headroom.
Not available for Airbnb, Inc., and counted as zero in the overall score.
Airbnb, Inc. earns a strong 30.6% return on equity (ROE), meaning it generates $31 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 83/100. This is down from 31.5% the prior year.
Airbnb, Inc. scores 5.05, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($97.8B) relative to total liabilities ($14.0B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Airbnb, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Airbnb, Inc. generates $1.85 in operating cash flow ($4.6B OCF vs $2.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Airbnb, Inc. generated $3.6B in revenue in Q2 2026. This represents an increase of 16.5% from the same quarter a year earlier. Against the prior quarter it is up 34.7%.
Airbnb, Inc. reported $816.0M in net income in Q2 2026. This represents an increase of 27.1% from the same quarter a year earlier. Against the prior quarter it is up 410.0%.
Airbnb, Inc. earned $1.37 per diluted share (EPS) in Q2 2026. This represents an increase of 33.0% from the same quarter a year earlier. Against the prior quarter it is up 426.9%.
Not reported for Q2 2026.
Cash & Balance Sheet
Airbnb, Inc. held $6.8B in cash against $2.5B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Airbnb, Inc.'s gross margin was 82.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 4.2 percentage points.
Airbnb, Inc.'s operating margin was 21.0% in Q2 2026, reflecting core business profitability. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 17.8 percentage points.
Airbnb, Inc.'s net profit margin was 22.6% in Q2 2026, showing the share of revenue converted to profit. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 16.7 percentage points.
Airbnb, Inc.'s ROE was 10.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.4 percentage points.
Capital Allocation
Airbnb, Inc. invested $672.0M in research and development in Q2 2026. This represents an increase of 10.2% from the same quarter a year earlier. Against the prior quarter it is up 5.3%.
Airbnb, Inc. spent $1.1B on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 4.1% from the same quarter a year earlier. Against the prior quarter it is down 3.4%.
Not reported for Q2 2026.
ABNB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.6B+16.5% | $2.7B+17.9% | $2.8B+12.0% | $4.1B+9.7% | $3.1B+12.7% | $2.3B+6.1% | $2.5B+11.8% | $3.7B+9.9% |
| Cost of Revenue | $633.0M+16.4% | $581.0M+14.8% | $487.0M+14.1% | $549.0M+18.1% | $544.0M+7.5% | $506.0M+5.4% | $427.0M+11.2% | $465.0M+1.3% |
| Gross Profit | $3.0B+16.6% | $2.1B+18.7% | $2.3B+11.6% | $3.5B+8.5% | $2.6B+13.8% | $1.8B+6.3% | $2.1B+11.9% | $3.3B+11.2% |
| R&D Expenses | $672.0M+10.2% | $638.0M+12.3% | $589.0M+9.5% | $587.0M+12.0% | $610.0M+17.5% | $568.0M+19.6% | $538.0M+24.5% | $524.0M+25.1% |
| SG&A Expenses | $309.0M+0.7% | $296.0M+0.7% | $411.0M+65.7% | $330.0M-1.5% | $307.0M-2.5% | $294.0M+2.4% | $248.0M-79.4% | $335.0M+10.2% |
| Operating Income | $758.0M+23.9% | $86.0M+126.3% | $269.0M-37.4% | $1.6B+6.6% | $612.0M+23.1% | $38.0M-62.4% | $430.0M+186.7% | $1.5B+1.9% |
| Interest Expense | $37.0M+516.7% | N/A | N/A | N/A | $6.0M | N/A | N/A | N/A |
| Income Tax | $81.0M-40.9% | $121.0M+536.8% | $52.0M-67.7% | $418.0M+13.9% | $137.0M+8.7% | $19.0M-34.5% | $161.0M+573.5% | $367.0M+113.6% |
| Net Income | $816.0M+27.1% | $160.0M+3.9% | $341.3M-26.0% | $1.4B+0.4% | $642.0M+15.7% | $154.0M-41.7% | $461.3M+232.1% | $1.4B-68.7% |
| EPS (Basic) | $1.38+32.7% | $0.27+8.0% | $0.57-23.0% | $2.25+3.7% | $1.04+19.5% | $0.25-39.0% | $0.74+232.1% | $2.17-68.2% |
| EPS (Diluted) | $1.37+33.0% | $0.26+8.3% | $0.56-23.3% | $2.21+3.8% | $1.03+19.8% | $0.24-41.5% | $0.73+246.0% | $2.13-67.9% |
| Diluted Shares (Avg) | 597M-4.6% | 608M-3.8% | N/A | 621M-3.3% | 626M-3.5% | 632M-3.4% | N/A | 642M-2.7% |
Not reported in any period shown, so not listed: EBITDA.
ABNB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $28.8B+6.5% | $26.8B+7.1% | $22.2B+6.0% | $23.1B+4.0% | $27.0B+2.6% | $25.1B+2.1% | $21.0B+1.5% | $22.2B+3.4% |
| Current Assets | $25.5B+9.9% | $23.6B+10.8% | $18.8B+9.4% | $19.5B+6.7% | $23.2B+4.2% | $21.3B+4.4% | $17.2B+4.1% | $18.3B+4.5% |
| Cash & Equivalents | $6.8B-7.8% | $7.0B-7.4% | $6.6B-4.4% | $7.5B-1.9% | $7.4B-6.1% | $7.6B-2.9% | $6.9B-0.1% | $7.7B-6.2% |
| Short-Term Investments | $5.2B+32.7% | $5.0B+27.6% | $4.5B+18.9% | $4.2B+16.0% | $4.0B+17.4% | $3.9B+19.2% | $3.7B+17.2% | $3.6B+28.6% |
| Accounts Receivable | $209.0M | $191.0M | $186.0M | N/A | N/A | N/A | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | $754.0M+0.5% | N/A | N/A | N/A | $750.0M-0.3% | N/A |
| Total Liabilities | $21.0B+9.1% | $19.2B+12.1% | $14.0B+11.7% | $14.5B+5.6% | $19.2B+4.9% | $17.1B+2.9% | $12.5B+0.5% | $13.7B+11.1% |
| Current Liabilities | $18.1B-3.8% | $16.4B-2.2% | $13.6B+34.3% | $14.0B+23.8% | $18.8B+18.9% | $16.7B+18.3% | $10.2B+2.1% | $11.3B+15.4% |
| Non-Current Liabilities | $2.9B+626.6% | $2.8B+627.0% | $360.0M-84.9% | $415.0M-82.3% | $394.0M-84.2% | $389.0M-84.5% | $2.4B-5.7% | $2.3B-5.9% |
| Long-Term Debt | $2.5B | $2.5B | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $2.0B+0.2% | $2.0B+0.2% |
| Total Equity | $7.8B+0.2% | $7.6B-3.8% | $8.2B-2.5% | $8.6B+1.4% | $7.8B-2.7% | $7.9B+0.5% | $8.4B+3.0% | $8.5B-7.0% |
| Retained Earnings | -$6.7B-26.5% | -$6.4B-31.1% | -$5.5B-30.2% | -$4.7B-23.5% | -$5.3B-28.0% | -$4.9B-24.8% | -$4.2B-23.4% | -$3.8B-65.4% |
Not reported in any period shown, so not listed: Inventory.
ABNB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.3B+30.3% | $1.7B-4.5% | $526.0M+12.9% | $1.4B+25.8% | $975.0M-7.2% | $1.8B-7.0% | $466.0M+639.7% | $1.1B-18.6% |
| Stock-Based Compensation | $487.0M+14.9% | $410.0M+14.5% | N/A | $399.0M+10.2% | $424.0M+11.0% | $358.0M+21.4% | N/A | $362.0M+26.6% |
| Investing Cash Flow | -$349.0M-283.5% | -$461.0M-205.3% | -$300.0M-36.4% | -$206.0M-2.0% | -$91.0M+17.3% | -$151.0M-79.8% | -$220.0M+53.7% | -$202.0M+44.5% |
| Financing Cash Flow | $571.0M+74.1% | $3.0B+38.5% | -$1.4B-9.0% | -$4.8B+6.5% | $328.0M-59.6% | $2.1B+0.5% | -$1.3B-13.6% | -$5.2B-39.7% |
| Share Buybacks | $1.1B+4.1% | $1.1B+34.8% | $1.1B+30.7% | $877.0M-19.8% | $1.0B+34.8% | $807.0M+7.6% | $838.0M+11.4% | $1.1B+118.6% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid.
ABNB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 82.5%0.0pp | 78.3%+0.6pp | 82.5%-0.3pp | 86.6%-0.9pp | 82.4%+0.8pp | 77.7%+0.1pp | 82.8%+0.1pp | 87.5%+1.0pp |
| Operating Margin | 21.0%+1.2pp | 3.2%+1.5pp | 9.7%-7.7pp | 39.7%-1.2pp | 19.8%+1.7pp | 1.7%-3.0pp | 17.3%+39.7pp | 40.9%-3.2pp |
| Net Margin | 22.6%+1.9pp | 6.0%-0.8pp | 12.3%-6.3pp | 33.6%-3.1pp | 20.7%+0.5pp | 6.8%-5.5pp | 18.6%+34.3pp | 36.7% |
| Return on Equity | 10.5%+2.2pp | 2.1%+0.2pp | 4.2%-1.3pp | 16.0%-0.2pp | 8.3%+1.3pp | 1.9%-1.4pp | 5.5%+9.8pp | 16.1%-31.8pp |
| Return on Assets | 2.8%+0.5pp | 0.6%0.0pp | 1.5%-0.7pp | 6.0%-0.2pp | 2.4%+0.3pp | 0.6%-0.5pp | 2.2%+3.9pp | 6.2%-14.2pp |
| Current Ratio | 1.41+0.2x | 1.44+0.2x | 1.38-0.3x | 1.39-0.2x | 1.23-0.2x | 1.27-0.2x | 1.690.0x | 1.62-0.2x |
| Debt-to-Equity | 0.32+0.3x | 0.32+0.3x | 0.00-0.2x | 0.00-0.2x | 0.00-0.2x | 0.00-0.3x | 0.240.0x | 0.230.0x |
| Asset Turnover | 0.130.0x | 0.100.0x | 0.130.0x | 0.180.0x | 0.110.0x | 0.090.0x | 0.120.0x | 0.170.0x |
Not reported in any period shown, so not listed: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Airbnb, Inc. ABNB | FY2025 | $12.2B | $2.5B | 20.5% | $97.8B | 61/100 |
| Trip.com Group Limited TCOM | FY2025 | $8.9B | $4.8B | 53.4% | $24.5B | 74/100 |
| Royal Caribbean Group RCL | FY2025 | $17.9B | $4.3B | 23.8% | $75.5B | 48/100 |
| Booking Holdings Inc. BKNG | FY2025 | $26.9B | $5.4B | 20.1% | $120.5B | 78/100 |
| Carnival Corporation Ltd. CCL | FY2025 | $26.6B | $2.8B | 10.4% | $35.4B | 42/100 |
Where Airbnb, Inc. Ranks
Frequently Asked Questions
What is Airbnb, Inc.'s annual revenue?
Airbnb, Inc. (ABNB) reported $12.2B in total revenue for fiscal year 2025. This represents a 10.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Airbnb, Inc.'s revenue growing?
Airbnb, Inc. (ABNB) revenue grew by 10.3% year-over-year, from $11.1B to $12.2B in fiscal year 2025.
Is Airbnb, Inc. profitable?
Yes, Airbnb, Inc. (ABNB) reported a net income of $2.5B in fiscal year 2025, with a net profit margin of 20.5%.
What is Airbnb, Inc.'s EBITDA?
Airbnb, Inc. (ABNB) had EBITDA of $2.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Airbnb, Inc. have?
As of fiscal year 2025, Airbnb, Inc. (ABNB) had $6.6B in cash and equivalents against $0 in long-term debt.
What is Airbnb, Inc.'s gross margin?
Airbnb, Inc. (ABNB) had a gross margin of 83.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Airbnb, Inc.'s operating margin?
Airbnb, Inc. (ABNB) had an operating margin of 20.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Airbnb, Inc.'s net profit margin?
Airbnb, Inc. (ABNB) had a net profit margin of 20.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Airbnb, Inc.'s return on equity (ROE)?
Airbnb, Inc. (ABNB) has a return on equity of 30.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Airbnb, Inc.'s operating cash flow?
Airbnb, Inc. (ABNB) generated $4.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Airbnb, Inc.'s total assets?
Airbnb, Inc. (ABNB) had $22.2B in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Airbnb, Inc. spend on research and development?
Airbnb, Inc. (ABNB) invested $2.4B in research and development during fiscal year 2025.
What is Airbnb, Inc.'s current ratio?
Airbnb, Inc. (ABNB) had a current ratio of 1.38 as of fiscal year 2025, which is considered adequate.
What is Airbnb, Inc.'s debt-to-equity ratio?
Airbnb, Inc. (ABNB) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Airbnb, Inc.'s return on assets (ROA)?
Airbnb, Inc. (ABNB) had a return on assets of 11.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Airbnb, Inc.'s P/E ratio?
Airbnb, Inc. (ABNB) trades at 36.3x earnings, its market capitalization divided by net income of $2.7B net income, trailing 12 months to June 30, 2026. The market capitalization is $97.8B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Airbnb, Inc.'s price-to-sales ratio?
Airbnb, Inc. (ABNB) trades at 7.4x sales, its market capitalization divided by revenue of $13.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $97.8B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Airbnb, Inc.'s Altman Z-Score?
Airbnb, Inc. (ABNB) has an Altman Z-Score of 5.05, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Airbnb, Inc.'s Piotroski F-Score?
Airbnb, Inc. (ABNB) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Airbnb, Inc.'s earnings high quality?
Airbnb, Inc. (ABNB) has an earnings quality ratio of 1.85x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Airbnb, Inc.?
Airbnb, Inc. (ABNB) scores 61 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.