Superworth

Airbnb profit margin ABNB

Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.

Net margin, 12 months
20.4%
Operating margin, 12 months
20.8%
Net margin on a year earlier
−2.2 pts
Peer median
13.6%

Over the twelve months to Jun 30, 2026, Airbnb kept 20.4% of its revenue as net profit, with an operating margin of 20.8% and a gross margin of 82.9%.

The median for 5 travel stocks of a similar size is 13.6%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY202520.5%20.8%83.0%
FY202423.9%23.0%83.1%
FY202348.3%15.3%82.8%
FY202222.5%21.5%82.2%
FY2021−5.9%7.2%80.7%
FY2020n/an/a74.1%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY2620.4%−2.2 pts20.8%
Q1 FY2619.9%−2.7 pts20.5%
Q4 FY2520.5%−3.3 pts20.8%
Q3 FY2522.0%+5.1 pts22.6%
Q2 FY2522.7%−23.4 pts22.5%
Q1 FY2522.6%−25.6 pts22.2%
Q4 FY2423.9%−24.5 pts23.0%
Q3 FY2417.0%−39.9 pts15.0%
Q2 FY2446.1%+20.8 pts15.2%
Q1 FY2448.2%+24.9 pts15.9%
Q4 FY2348.3%+25.8 pts15.3%
Q3 FY2356.9%+36.6 pts23.4%

Against its peers

Companies in Travel Services nearest Airbnb's size, closest first, today.

CompanyProfit margin
ABNBAirbnb20.4%
BKNGBooking25.5%
RCLRoyal Caribbean Cruises23.5%
CCLCarnival11.4%
EXPEExpedia13.0%
ROLRollins13.6%
Peer median13.6%

Where Airbnb ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Airbnb

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.