Superworth

Airbnb ABNB

Travel Services, Consumer Cyclical
$172.01
−2.13%
Market cap
$103B
PE
39.1×
4y median 34.8×
Forward PE
30.1×
6y median 33.2×
Price to sales
7.8×
EV/EBIT
34.1×
Revenue, 12 months
$13.2B
+14% on a year ago
Net margin
20.4%
Free cash flow yield
n/m
not a meaningful number

Airbnb trades at 39.1× trailing earnings, near its ten-year median. Revenue was $13.2B over the last twelve months, up 14% on a year earlier with a 20% net margin.

Charts

Financials

Income statement for ABNB, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$3.4B+18%$2.2B+17%$2.1B+18%$2.7B+11%$3.7B+10%$2.5B+12%$2.3B+6%$3.1B+13%$4.1B+10%$2.8B+12%$2.7B+18%$3.6B+17%
Cost of revenue$459M+14%$384M+11%$480M+12%$506M+17%$465M+1%$427M+11%$506M+5%$544M+8%$549M+18%$487M+14%$581M+15%$633M+16%
Gross profit$2.9B+18%$1.8B+18%$1.7B+20%$2.2B+9%$3.3B+11%$2.1B+12%$1.8B+6%$2.6B+14%$3.5B+9%$2.3B+12%$2.1B+19%$3B+17%
R&D$419M+14%$432M+9%$475M+13%$519M+15%$524M+25%$538M+25%$568M+20%$610M+18%$587M+12%$589M+10%$638M+12%$672M+10%
SG&A$707M+13%$1.6B+145%$801M+16%$888M+17%$849M+20%$795M−51%$857M+7%$998M+12%$969M+14%$1.1B+39%$1B+22%$1.2B+19%
$1.5B+24%−$496M$101M$497M−5%$1.5B+2%$430M$38M−62%$612M+23%$1.6B+7%$269M−37%$86M+126%$758M+24%
Interest expense$6M+20%$71M+1300%n/an/an/an/an/a$6Mn/an/an/a$37M+517%
Pre-tax income$1.7B+32%−$383M$293M+125%$681M+1%$1.7B+3%$622M$173M−41%$779M+14%$1.8B+3%$393M−37%$281M+62%$897M+15%
−$2.7B−$34M$29M+116%$126M+385%$367M$161M$19M−35%$137M+9%$418M+14%$52M−68%$121M+537%$81M−41%
Net income$4.4B+260%−$349M$264M+126%$555M−15%$1.4B−69%$461M$154M−42%$642M+16%$1.4B+0%$341M−26%$160M+4%$816M+27%
$6.63+270%−$0.55$0.41+128%$0.86−12%$2.13−68%$0.72$0.24−42%$1.03+20%$2.21+4%$0.56−22%$0.26+8%$1.37+33%
660M−3%640M−5%654M−2%649M−2%642M−3%636M−1%632M−3%626M−4%621M−3%614M−4%608M−4%597M−5%

Gross profit: 26 periods, Q1 FY20 to Q2 FY26: not printed by the filing, worked out from its own lines.

Net income: Q1 FY23 and Q2 FY23: not printed by the filing, worked out from its own lines.

EPS, diluted: 6 periods, Q4 FY20 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q4 FY20 and Q4 FY23: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 4 periods, Q4 FY21 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$4.7B$4.7B to $4.8B$2.85$2.58 to $3.2422
Q4 FY26$3.2B$3B to $3.6B$0.85$0.74 to $1.0421
Q1 FY27$3B$2.9B to $3.3B$0.44$0.42 to $0.4815
Q2 FY27$4B$3.9B to $4.4B$1.57$1.49 to $1.749
Q3 FY27$5.3B$5.1B to $5.7B$3.30$3.15 to $3.679
Q4 FY27$3.5B$3.4B to $3.8B$1.07$1.02 to $1.1912
Q1 FY28$3.2B$3.1B to $3.5B$0.48$0.46 to $0.5320
Q2 FY28$4.5B$4.4B to $4.9B$1.80$1.72 to $2.0010

Peers

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

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
ABNBAirbnb$103B39.1×34.8×30.1×7.8×+14%20.4%
BKNGBooking$117.1B17.2×32.2×14.0×4.1×+13%25.5%
RCLRoyal Caribbean Cruises$73.9B17.1×17.0×14.6×4.0×+9%23.5%
CCLCarnival$35.1B11.5×15.0×10.9×1.3×+5%11.4%
EXPEExpedia$34.7B18.0×31.7×12.8×2.2×+12%13.0%
ROLRollins$16.8B31.7×53.8×n/m4.3×+10%13.6%
Peer median$35.1B17.2×31.7×13.4×4.0×+10%13.6%

Investors who own it

Investors we follow who held Airbnb at the end of Jun 30, 2026, from their 13F filings.

More on Airbnb

Each number over time

Where it ranks

Its groups

About

Industry
Travel Services
Sector
Consumer Cyclical

Valuation data, not investment advice. Prices as of .