Airbnb (ABNB) FCF Margin (2020 - 2026)
Airbnb (ABNB) posted FCF Margin of 35.2% for Q2 2026, down 44.81% on a QoQ basis from 63.78% in Q1 2026, and up 371.0% year-over-year from 7.47% in Q2 2025.
Airbnb (ABNB) FCF Margin (2020 - 2026) Analysis & Trends
Airbnb has reported FCF Margin for 7 years, with the latest figure at 35.2% in Q2 2026.
- On a quarterly basis, FCF Margin rose 371.0% year-over-year to 35.2% in Q2 2026; TTM through Jun 2026 was 36.93%, a 27.0% decrease from a year earlier, with the FY2025 full-year figure at 37.95%, down 274.0% from the prior year.
- FCF Margin was 35.2% for Q2 2026 at Airbnb, down from 63.78% in the prior quarter.
- The five-year high for FCF Margin was 89.78% in Q1 2024, with the low at 2.84% in Q4 2023.
- Average FCF Margin over 5 years is 43.1%, with a median of 35.72% recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: FCF Margin plunged 2108 bps in 2023, then soared 1595 bps in 2024.
- Over 5 years, FCF Margin stood at 23.92% in 2022, then tumbled by 88 bps to 2.84% in 2023, then jumped by 562 bps to 18.79% in 2024, then climbed by 1 bps to 18.93% in 2025, then surged by 86 bps to 35.2% in 2026.
- The last three FCF Margin figures came in at 35.2% (Q2 2026), 63.78% (Q1 2026), and 18.93% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn | 2.87% |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn | 12.14% |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn | 8.50% |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn | 18.25% |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn | 19.67% |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - | 49.55% |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn | 22.77% |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn | 17.50% |
| 10 | Airbnb | 92.91 Bn | 46.14 Bn | 2.98 Bn | 35.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.20% |
| Mar 31, 2026 | 63.78% |
| Dec 31, 2025 | 18.93% |
| Sep 30, 2025 | 33.11% |
| Jun 30, 2025 | 31.49% |
| Mar 31, 2025 | 78.74% |
| Dec 31, 2024 | 18.79% |
| Sep 30, 2024 | 28.89% |
| Jun 30, 2024 | 38.25% |
| Mar 31, 2024 | 89.78% |
| Dec 31, 2023 | 2.84% |
| Sep 30, 2023 | 38.56% |
| Jun 30, 2023 | 36.23% |
| Mar 31, 2023 | 86.96% |
| Dec 31, 2022 | 23.92% |
| Sep 30, 2022 | 33.22% |
| Jun 30, 2022 | 37.83% |
| Mar 31, 2022 | 79.26% |
| Dec 31, 2021 | 24.67% |
| Sep 30, 2021 | 23.65% |
Airbnb FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=ABNB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "ABNB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=ABNB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();