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Airbnb ABNB Gross margin

Gross margin at other companies

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Royal Caribbean GroupRCL
49.1%+0.3pp
Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
90.3%+0.7pp
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Travel + LeisureTNL
92.9%-5.1pp
Pebblebrook Hotel Trust logo
Pebblebrook Hotel TrustPEB
34.1%+0.6pp
Chatham Lodging Trust logo
Chatham Lodging TrustCLDT
42.9%-0.7pp
TripAdvisor logo
TripAdvisorTRIP
92%-0.8pp

Other financials

Income statement

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Revenue$2.7B+17.9%
Gross profit$2.1B+18.7%
Operating income$86.0M+126%
Net income$160.0M+3.9%
EPS (diluted)$0.26+8.3%

Balance sheet

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Cash & equivalents$17.6B+5.0%
Total debt$2.5B+11.1%
Total equity$7.6B-3.8%
Total assets$26.8B+7.1%

Cash flow

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Operating cash flow$1.7B-4.5%
CapEx$15.0M+150%
Free cash flow$1.3B+36.7%

Valuation

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Market cap$89.93B+11.3%
Enterprise value$74.88B+15.8%
P/E35.7×+4.9×
P/S7.1×+0.1×

Profitability

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Operating margin20.5%-1.7pp
Net margin19.9%-2.7pp
FCF margin44.2%+2.8pp

Returns & leverage

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Return on equity32.3%+0.3pp
Debt / equity0.3×0.0×
Current ratio1.4×+0.2×

Where this comes from

Calculated from Airbnb’s reported figures.

Based on trailing twelve months.

The source filing: Airbnb’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001559720-26-000014

FAQ

What is Airbnb's gross margin?
Airbnb (ABNB) reported gross margin of 82.9% in Q1 2026.
How has Airbnb's gross margin changed year-over-year?
Airbnb's gross margin decreased by 0.2% year-over-year, from 83% to 82.9%.
What is the long-term trend for Airbnb's gross margin?
Over 5 years (2020 to 2025), Airbnb's gross margin has grown at a 2.3% compound annual growth rate (CAGR), from 74.1% to 83%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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