What is Airbnb's PP&E (net)?

Airbnb (ABNB) reported PP&E (net) of $122M in Q3 2025.

How has Airbnb's PP&E (net) changed year-over-year?

Airbnb's PP&E (net) decreased by 26.5% year-over-year, from $166M to $122M.

What is the long-term trend for Airbnb's PP&E (net)?

Over 4 years (2020 to 2024), Airbnb's PP&E (net) has grown at a -14.1% compound annual growth rate (CAGR), from $270.19M to $147M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Airbnb ABNB PP&E (Net)

Discontinued — last reported Q3 '25

PP&E (Net) at other companies

Marcus CorporationMCS

$689.84M-0.5%

Marriott InternationalMAR

$1.96B+5.7%

Host Hotels & ResortsHST

$9.7B-10.7%

Booking Holdings Inc.BKNG

$784M-8.5%

Diamondrock Hospitality Company DRH

$2.57B-2.2%

Expedia Group, Inc.EXPE

$2.43B+0.3%

Segments

By geography

See full

United States$245M—

Ireland$30M—

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

See full

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

See full

Operating cash flow$1.7B-4.5%

CapEx$15.0M+150%

Free cash flow$1.3B+36.7%

Valuation

See full

Market cap$84.21B+3.6%

Enterprise value$69.16B+3.5%

P/E33.5×+1.4×

P/S6.7×-0.6×

Profitability

See full

Gross margin82.9%-0.1pp

Operating margin20.5%-1.7pp

Net margin19.9%-2.7pp

FCF margin44.2%+2.8pp

Returns & leverage

See full

Return on equity32.3%+0.3pp

Debt / equity0.3×0.0×

Current ratio1.4×+0.2×

Where this comes from

Reported directly by Airbnb in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Airbnb’s 10-Q, filed November 6, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Airbnb's PP&E (net)?: Airbnb (ABNB) reported PP&E (net) of $122M in Q3 2025.
How has Airbnb's PP&E (net) changed year-over-year?: Airbnb's PP&E (net) decreased by 26.5% year-over-year, from $166M to $122M.
What is the long-term trend for Airbnb's PP&E (net)?: Over 4 years (2020 to 2024), Airbnb's PP&E (net) has grown at a -14.1% compound annual growth rate (CAGR), from $270.19M to $147M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.