Airbnb, Inc.
Consumer CyclicalNASDAQ:ABNB · NASDAQ Global Select
+$0.51 today
Vol 1.32M · Avg 3.66M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$12.6B of revenue converted into $2.5B of net income for the selected period. Gross margin is 82.4% and net margin is 18.1%, showing how much revenue survives after costs and taxes. EPS is $4.04, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.2B +10.3% | $11.1B +11.9% | $9.9B +18.1% | $8.4B +40.2% | $6.0B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $2.1B +11.1% | $1.9B +10.3% | $1.7B +13.6% | $1.5B +29.7% | $1.2B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $10.2B +10.1% | $9.2B +12.3% | $8.2B +19.0% | $6.9B +42.7% | $4.8B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 83.0% -0.1pp | 83.1% +0.3pp | 82.8% +0.7pp | 82.2% +1.4pp | 80.7% | 9.8% | 28.9% | 38.3% |
| Research & Development | $2.4B +14.5% | $2.1B +19.4% | $1.7B +14.6% | $1.5B +5.4% | $1.4B | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $3.9B +17.9% | $3.3B -12.0% | $3.8B +53.6% | $2.5B +22.0% | $2.0B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $7.6B +14.1% | $6.7B -0.4% | $6.7B +31.3% | $5.1B +15.7% | $4.4B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $0 -100.0% | $65.0M +47.7% | $44.0M -45.7% | $81.0M -41.3% | $138.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $3.1B -7.6% | $3.4B +52.4% | $2.2B +13.0% | $2.0B +614.5% | $276.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 25.6% -5.0pp | 30.6% +8.1pp | 22.5% -1.0pp | 23.5% +18.9pp | 4.6% | 5.6% | 46.3% | 42.0% |
| Operating Income | $2.5B -0.4% | $2.6B +68.2% | $1.5B -15.8% | $1.8B +320.0% | $429.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 20.8% -2.2pp | 23.0% +7.7pp | 15.3% -6.1pp | 21.5% +14.3pp | 7.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $705.0M -13.8% | $818.0M +13.5% | $721.0M +287.6% | $186.0M +1330.8% | $13.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 -100.0% | $83.0M +245.8% | $24.0M -94.5% | $438.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $593.0M -23.8% | $778.0M +33.2% | $584.0M +212.3% | $187.0M +125.7% | -$729.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $3.1B -5.8% | $3.3B +58.5% | $2.1B +5.7% | $2.0B +763.0% | -$300.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 25.6% -4.4pp | 30.0% +8.8pp | 21.2% -2.5pp | 23.7% +28.7pp | -5.0% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $626.0M -8.3% | $683.0M +125.4% | -$2.7B -2902.1% | $96.0M +84.6% | $52.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $2.5B -5.2% | $2.6B -44.7% | $4.8B +153.1% | $1.9B +637.8% | -$352.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 20.5% -3.3pp | 23.9% -24.5pp | 48.3% +25.8pp | 22.5% +28.4pp | -5.9% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $4 -2.1% | $4 -44.3% | $8 +153.2% | $3 +621.1% | -$1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $4 -1.9% | $4 -43.2% | $7 +159.5% | $3 +589.5% | -$1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $613.0M -3.0% | $632.0M -0.8% | $637.0M +0.0% | $637.0M +3.4% | $616.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $623.0M -3.4% | $645.0M -2.6% | $662.0M -2.6% | $680.0M +10.4% | $616.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Starbucks Corporation
NASDAQ:SBUX
$117.08B
Marriott International, Inc.
NASDAQ:MAR
$105.52B
Hilton Worldwide Holdings Inc.
NYSE:HLT
$78.67B
Royal Caribbean Cruises Ltd.
NYSE:RCL
$78.63B
O'Reilly Automotive, Inc.
NASDAQ:ORLY
$74.82B
General Motors Company
NYSE:GM
$73.39B
Carvana Co.
NYSE:CVNA
$71.75B
NIKE, Inc.
NYSE:NKE
$66.68B
Ferrari N.V.
NYSE:RACE
$62.73B
Trip.com Group Limited
NASDAQ:TCOM
$29.52B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does ABNB generate?
Airbnb, Inc. (ABNB) reported $12.24B of revenue in fiscal 2025.
Is ABNB profitable?
Airbnb, Inc. (ABNB) reported $2.51B of net income, with a net margin of 20.5%.
Explore More
Continue the stock analysis
Jump to another research area for this company.