Airbnb, Inc. (ABNB) Income Statement
ABNB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsABNB revenue and net income
Where ABNB's revenue goes
2025Each bar shows an amount and its share of revenue. ABNB kept 20.4% of revenue as net income.
ABNB profit margins
ABNB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.8% | +13.6% | +29.5% | — |
| Gross profit | −3.6% | +8.8% | +28.9% | — |
| Operating income | +2.2% | +13.1% | — | — |
| Net income | −5.2% | +9.9% | — | — |
| EPS (diluted) | −2.2% | +13.0% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ABNB quarterly EPS vs estimates
Airbnb beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 5, 2026 (estimate $2.89).
ABNB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.30B | $11.10B | $9.92B | $8.40B | $5.99B | $3.38B | $4.81B | $3.65B | $2.56B |
| Cost of revenue | $3.41B | $1.88B | $1.70B | $1.50B | $1.16B | $876.0M | $1.20B | $864.0M | $647.7M |
| Gross profit | $8.89B | $9.22B | $8.21B | $6.90B | $4.84B | $2.50B | $3.61B | $2.79B | $1.91B |
| Research & development | $2.35B | $2.06B | $1.72B | $1.50B | $1.43B | $2.75B | $976.7M | $579.2M | $400.7M |
| Sales, general & admin | $3.93B | $3.33B | $3.79B | $2.47B | $2.02B | $2.31B | $2.32B | $1.58B | $1.20B |
| Total operating expenses | $6.28B | $6.67B | $6.70B | $5.10B | $4.41B | $6.09B | $4.11B | $2.77B | $2.00B |
| Operating income | $2.61B | $2.55B | $1.52B | $1.80B | $429.0M | −$3.59B | −$501.5M | $18.7M | −$81.4M |
| Interest income | $705.0M | $818.0M | $631.0M | $186.0M | $12.7M | $27.1M | $85.9M | $66.8M | $32.1M |
| Interest expense | — | — | $83.0M | $24.0M | $438.0M | $171.7M | $10.0M | $26.1M | $16.4M |
| Income before taxes | $3.14B | $3.33B | $2.10B | $1.99B | −$300.0M | −$4.68B | −$411.7M | $47.0M | −$59.1M |
| Income taxes | $626.0M | $683.0M | −$2.69B | $96.0M | $52.0M | −$97.2M | $262.6M | $63.9M | $10.9M |
| Net income | $2.51B | $2.65B | $4.79B | $1.89B | −$352.0M | −$4.58B | −$674.3M | −$16.9M | −$70.0M |
| EBITDA | $2.70B | $3.40B | $2.23B | $1.97B | $276.0M | −$4.38B | −$287.6M | $155.6M | $36.6M |
| EPS (diluted) | $4.04 | $4.13 | $8.55 | $2.80 | −$0.75 | −$11.72 | −$1.27 | −$0.07 | −$0.27 |
| Gross margin | 72.3% | 83.1% | 82.8% | 82.2% | 80.7% | 74.1% | 75.1% | 76.3% | 74.7% |
| Operating margin | 21.2% | 23.0% | 15.3% | 21.5% | 7.2% | −106.3% | −10.4% | 0.5% | −3.2% |
| Net margin | 20.4% | 23.9% | 48.3% | 22.5% | −5.9% | −135.7% | −14.0% | −0.5% | −2.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.61B | $2.68B | $2.80B | $4.09B | $3.10B | $2.27B | $2.48B | $3.73B | $2.75B | $2.14B | $2.22B | $3.40B |
| Cost of revenue | $633.0M | $907.0M | $814.0M | $549.0M | $544.0M | $506.0M | $427.0M | $465.0M | $506.0M | $480.0M | $384.0M | $459.0M |
| Gross profit | $2.98B | $1.77B | $1.99B | $3.55B | $2.55B | $1.77B | $2.05B | $3.27B | $2.24B | $1.66B | $1.83B | $2.94B |
| Research & development | $672.0M | $638.0M | $589.0M | $587.0M | $610.0M | $568.0M | $538.0M | $524.0M | $519.0M | $475.0M | $432.0M | $419.0M |
| Sales, general & admin | $1.18B | $1.05B | $1.11B | $969.0M | $998.0M | $857.0M | $795.0M | $849.0M | $888.0M | $801.0M | $1.63B | $707.0M |
| Total operating expenses | $2.22B | $1.69B | $1.69B | $1.92B | $1.94B | $1.73B | $1.62B | $1.74B | $1.75B | $1.56B | $2.33B | $1.44B |
| Operating income | $759.0M | $84.0M | $294.0M | $1.62B | $612.0M | $38.0M | $430.0M | $1.52B | $497.0M | $101.0M | −$496.0M | $1.50B |
| Interest income | $183.0M | $155.0M | $162.0M | $180.0M | $190.0M | $173.0M | $183.0M | $207.0M | $226.0M | $202.0M | $192.0M | $192.0M |
| Interest expense | $37.0M | — | — | — | $6.0M | — | — | — | — | — | $71.0M | $6.0M |
| Income before taxes | $897.0M | $281.0M | $393.0M | $1.79B | $779.0M | $173.0M | $622.0M | $1.74B | $681.0M | $293.0M | −$383.0M | $1.68B |
| Income taxes | $81.0M | $121.0M | $52.0M | $418.0M | $137.0M | $19.0M | $161.0M | $367.0M | $126.0M | $29.0M | −$34.0M | −$2.69B |
| Net income | $816.0M | $160.0M | $341.0M | $1.37B | $642.0M | $154.0M | $461.0M | $1.37B | $555.0M | $264.0M | −$349.0M | $4.37B |
| EBITDA | $776.0M | $106.0M | $317.0M | $1.81B | $800.0M | $198.0M | $644.0M | $1.75B | $695.0M | $307.0M | −$296.0M | $1.69B |
| EPS (diluted) | $1.37 | $0.26 | $0.56 | $2.21 | $1.03 | $0.24 | $0.73 | $2.13 | $0.86 | $0.41 | $0.76 | $6.63 |
| Gross margin | 82.5% | 66.1% | 70.9% | 86.6% | 82.4% | 77.7% | 82.8% | 87.5% | 81.6% | 77.6% | 82.7% | 86.5% |
| Operating margin | 21.0% | 3.1% | 10.5% | 39.7% | 19.8% | 1.7% | 17.3% | 40.9% | 18.1% | 4.7% | −22.4% | 44.0% |
| Net margin | 22.6% | 6.0% | 12.2% | 33.6% | 20.7% | 6.8% | 18.6% | 36.7% | 20.2% | 12.3% | −15.7% | 128.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ABNB's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ABNB financial results
In fiscal year 2025 (ended December 31, 2025), Airbnb reported revenue of $12.3 billion, up 10.8% from the year before. It had net income of $2.5 billion (down 5.2%), a net profit margin of 20.4%. Diluted earnings per share came to $4.04. Over five years revenue grew at an average rate of 29.5% a year.
See the ABNB stock overview for the latest quote and news, or the ABNB chart for price history and technical indicators.
ABNB income statement FAQ
What is Airbnb's annual revenue?
Airbnb reported total revenue of $12.3 billion for fiscal year 2025, which ended on December 31, 2025. That was up 10.8% from $11.1 billion the previous year.
Is Airbnb profitable?
Yes. Airbnb reported net income of $2.5 billion in fiscal 2025, a net profit margin of 20.4%; its operating margin was 21.2%.
What is Airbnb's gross margin?
Airbnb's gross margin was 72.3% in fiscal 2025: for every $100 of revenue, Airbnb kept $72 after the direct cost of its products and services.
How much does Airbnb spend on research and development?
Airbnb spent $2.4 billion on research and development in fiscal 2025, 19.1% of revenue.
How fast is Airbnb growing?
Revenue grew 29.5% a year on average over the last five fiscal years, from $3.4 billion to $12.3 billion.
What are Airbnb's earnings per share?
Airbnb earned $4.04 per diluted share in fiscal 2025, compared with $4.13 a year earlier.
When will Airbnb report its next earnings?
Airbnb is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Airbnb's fiscal year end?
Airbnb's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.