What is Airbnb's R&D?

Airbnb (ABNB) reported R&D of $638M in Q1 2026.

How has Airbnb's R&D changed year-over-year?

Airbnb's R&D increased by 12.3% year-over-year, from $568M to $638M.

What is the long-term trend for Airbnb's R&D?

Over 4 years (2021 to 2025), Airbnb's R&D has grown at a 13.4% compound annual growth rate (CAGR), from $1.43B to $2.35B.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Airbnb ABNB R&D

R&D at other companies

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$30.09M+5.9%

Cabot CorporationCBT

$14M-6.7%

SOL

SOLSSOLS

$28M+27.3%

Envista Holdings CorporationNVST

$30M+18.6%

VontierVNT

$41.4M+3.0%

Archer AviationACHR

$171.7M+65.6%

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$87.18B+3.1%

Enterprise value$72.13B+5.5%

P/E34.6×+2.4×

P/S6.9×-0.4×

Profitability

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Gross margin82.9%-0.1pp

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

Reported directly by Airbnb in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Airbnb’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Airbnb's R&D?: Airbnb (ABNB) reported R&D of $638M in Q1 2026.
How has Airbnb's R&D changed year-over-year?: Airbnb's R&D increased by 12.3% year-over-year, from $568M to $638M.
What is the long-term trend for Airbnb's R&D?: Over 4 years (2021 to 2025), Airbnb's R&D has grown at a 13.4% compound annual growth rate (CAGR), from $1.43B to $2.35B.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.