Airbnb annual operating margin
2019
2020
2021
2022
2023
2024
2025
Airbnb Operating Margin Growth & History (ABNB)
Airbnb's operating margin was 20.78% for fiscal 2025.
View full Airbnb company overviewAirbnb annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 20.78% | −2.21 pp |
| 2024 | 2024-12-31 | 23.00% | +7.69 pp |
| 2023 | 2023-12-31 | 15.31% | −6.15 pp |
| 2022 | 2022-12-31 | 21.45% | +14.30 pp |
| 2021 | 2021-12-31 | 7.16% | +113.44 pp |
| 2020 | 2020-12-31 | −106.28% | −95.84 pp |
| 2019 | 2019-12-31 | −10.44% | — |
Airbnb quarterly operating margin
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 21.01% | +1.24 pp |
| Q1 2026 | 2026-03-31 | 3.21% | +1.54 pp |
| Q4 2025 | 2025-12-31 | 9.68% | −7.66 pp |
| Q3 2025 | 2025-09-30 | 39.68% | −1.18 pp |
| Q2 2025 | 2025-06-30 | 19.77% | +1.68 pp |
| Q1 2025 | 2025-03-31 | 1.67% | −3.04 pp |
| Q4 2024 | 2024-12-31 | 17.34% | +39.70 pp |
| Q3 2024 | 2024-09-30 | 40.86% | −3.18 pp |
| Q2 2024 | 2024-06-30 | 18.09% | −2.97 pp |
| Q1 2024 | 2024-03-31 | 4.72% | +4.99 pp |
| Q4 2023 | 2023-12-31 | −22.36% | −34.72 pp |
| Q3 2023 | 2023-09-30 | 44.04% | +2.33 pp |
| Q2 2023 | 2023-06-30 | 21.05% | +3.52 pp |
| Q1 2023 | 2023-03-31 | −0.28% | +0.06 pp |
| Q4 2022 | 2022-12-31 | 12.36% | +7.44 pp |
| Q3 2022 | 2022-09-30 | 41.71% | +3.63 pp |
| Q2 2022 | 2022-06-30 | 17.54% | +21.38 pp |
| Q1 2022 | 2022-03-31 | −0.33% | +50.06 pp |
| Q4 2021 | 2021-12-31 | 4.91% | +365.77 pp |
| Q3 2021 | 2021-09-30 | 38.08% | +6.88 pp |
| Q2 2021 | 2021-06-30 | −3.84% | +170.37 pp |
| Q1 2021 | 2021-03-31 | −50.39% | −11.73 pp |
| Q4 2020 | 2020-12-31 | −360.86% | — |
| Q3 2020 | 2020-09-30 | 31.19% | — |
| Q2 2020 | 2020-06-30 | −174.21% | — |
| Q1 2020 | 2020-03-31 | −38.66% | — |
Airbnb operating margin trends
Over the last five reported fiscal years, Airbnb's operating margin increased from −106.28% to 20.78%, a change of +127.06 percentage points. The latest reported quarter, Q2 2026, shows 21.01%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Airbnb filings at SEC.gov ↗