Airbnb (ABNB) Cost of Revenue (2020 - 2026)

Airbnb's (ABNB) quarterly Cost of Revenue came in at $581.0 million in Q1 2026, up 14.82% year-on-year from $506.0 million in Q1 2025, and up 19.3% quarter-over-quarter from $487.0 million in Q4 2025.

Airbnb (ABNB) Cost of Revenue (2020 - 2026) Analysis & Trends

Airbnb's Cost of Revenue history runs 7 years deep, the most recent figure standing at $581.0 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 14.82% year-over-year to $581.0 million in Q1 2026; TTM through Mar 2026 was $2.2 billion, a 13.5% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 11.08% from the prior year.
  • Cost of Revenue rose to $581.0 million in Q1 2026 per ABNB's latest filing, from $487.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $581.0 million in Q1 2026 and bottomed at $345.0 million in Q4 2022.
  • The 5-year median for Cost of Revenue is $459.0 million (2023), against an average of $455.7 million.
  • Across the five-year window, Cost of Revenue soared 42.62% in 2022 and advanced 1.31% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $345.0 million in 2022, then increased by 11.3% to $384.0 million in 2023, then increased by 11.2% to $427.0 million in 2024, then grew by 14.05% to $487.0 million in 2025, then rose by 19.3% to $581.0 million in 2026.
  • Per Business Quant, the three latest ABNB Cost of Revenue figures stand at $581.0 million (Q1 2026), $487.0 million (Q4 2025), and $549.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Booking Holdings 147.33 Bn 131.30 Bn 3.46 Bn 2.07 Bn
2 Airbnb 87.74 Bn 75.73 Bn 2.10 Bn 581.00 Mn
3 Royal Caribbean Cruises 81.68 Bn 80.95 Bn 2.21 Bn 2.25 Bn
4 Yatra Online 56.40 Bn 56.37 Bn 10.44 Mn 8.41 Mn
5 Viking Holdings 45.64 Bn 41.83 Bn 713.43 Mn 1.01 Bn
6 Carnival 37.38 Bn 35.13 Bn - -
7 Expedia 33.93 Bn 31.43 Bn 3.05 Bn 377.00 Mn
8 Trip.com 29.12 Bn 17.42 Bn 1.86 Bn 483.00 Mn
9 Norwegian Cruise Line Holdings 9.10 Bn 8.91 Bn 953.34 Mn 1.38 Bn
10 MakeMyTrip 5.32 Bn 4.90 Bn 199.14 Mn 50.98 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 581.00 Mn
Mar 31, 2026 581.00 Mn
Dec 31, 2025 487.00 Mn
Dec 31, 2025 487.00 Mn
Sep 30, 2025 549.00 Mn
Sep 30, 2025 549.00 Mn
Jun 30, 2025 544.00 Mn
Jun 30, 2025 544.00 Mn
Mar 31, 2025 506.00 Mn
Mar 31, 2025 506.00 Mn
Dec 31, 2024 427.00 Mn
Dec 31, 2024 427.00 Mn
Sep 30, 2024 465.00 Mn
Sep 30, 2024 465.00 Mn
Jun 30, 2024 506.00 Mn
Jun 30, 2024 506.00 Mn
Mar 31, 2024 480.00 Mn
Mar 31, 2024 480.00 Mn
Dec 31, 2023 384.00 Mn
Dec 31, 2023 384.00 Mn