Airbnb ABNB Operating margin

Operating margin at other companies

Marcus CorporationMCS

4.1%—

Royal Caribbean GroupRCL

27.3%+0.9pp

Marriott InternationalMAR

16%+0.9pp

Host Hotels & ResortsHST

14.4%-0.5pp

Booking Holdings Inc.BKNG

32.6%+0.1pp

Expedia Group, Inc.EXPE

14.4%+4.6pp

FAQ

What is Airbnb's operating margin?

Airbnb (ABNB) reported operating margin of 20.5% in Q1 2026.

How has Airbnb's operating margin changed year-over-year?

Airbnb's operating margin decreased by 7.6% year-over-year, from 22.2% to 20.5%.

What is the long-term trend for Airbnb's operating margin?

Over 4 years (2020 to 2025), Airbnb's operating margin has grown at a -33.5% compound annual growth rate (CAGR), from -106.3% to 20.8%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.