Airbnb, Inc.
ABNB Consumer Cyclical Travel Services
Airbnb, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.2 billion, up 10.3% from fiscal 2024.
- Revenue
- +18.9%
- EPS
- +42.7%
- Free cash flow
- +11.2%
- Total debt
- +18.7%
Quarter to September 2026, against a year earlier
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Airbnb, Inc. (ABNB) Gross margin
Airbnb, Inc.'s gross margin over the twelve months to 30 September 2026 was 83.1%, up 0.2 percentage points from fiscal 2025 (83.0%). Over the past ten years it has ranged from 74.1% (fiscal 2020) to 83.1% (fiscal 2024); the current reading is higher than 89% of that period. That is above the Travel Services industry median of 52.2% and above the Consumer Cyclical sector median of 34.3%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 83.0% | (0.12) |
| FY2024 | 83.1% | 0.25 |
| FY2023 | 82.8% | 0.68 |
| FY2022 | 82.2% | 1.44 |
| FY2021 | 80.7% | 6.64 |
| FY2020 | 74.1% | (1.03) |
| FY2019 | 75.1% | (1.24) |
| FY2018 | 76.3% | 1.62 |
| FY2017 | 74.7% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 86.6% | 4.17 |
| Jun 2026 | 82.5% | 4.16 |
| Mar 2026 | 78.3% | (4.17) |
| Dec 2025 | 82.5% | (4.12) |
| 24 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| BKNG Booking Holdings Inc. compare | 100.0% |
| EXPE Expedia Group, Inc. compare | 90.5% |
| ABNB Airbnb, Inc. | 83.1% |
| TCOM Trip.com Group Limited Sponsored ADR compare | 80.1% |
| MMYT MakeMyTrip Limited compare | 77.3% |
| RCL Royal Caribbean Cruises Ltd. compare | 49.1% |
| VIK Viking Holdings Ltd. compare | 43.2% |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 41.4% |
| CCL Carnival Corporation compare | 39.5% |
| Travel Services industry median | 52.2% |
| Consumer Cyclical sector median | 34.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement