Growth Metrics

Airbnb (ABNB) FCF Margin (2020 - 2025)

Airbnb has reported FCF Margin over the past 6 years, most recently at 18.93% for Q4 2025.

  • Quarterly results put FCF Margin at 18.93% for Q4 2025, up 14.0% from a year ago — trailing twelve months through Dec 2025 was 37.95% (down 274.0% YoY), and the annual figure for FY2025 was 37.95%, down 274.0%.
  • FCF Margin for Q4 2025 was 18.93% at Airbnb, down from 33.11% in the prior quarter.
  • Over the last five years, FCF Margin for ABNB hit a ceiling of 89.78% in Q1 2024 and a floor of 2.84% in Q4 2023.
  • Median FCF Margin over the past 5 years was 34.72% (2022), compared with a mean of 42.56%.
  • Biggest five-year swings in FCF Margin: surged 13705bps in 2021 and later tumbled -2108bps in 2023.
  • Airbnb's FCF Margin stood at 24.67% in 2021, then dropped by -3bps to 23.92% in 2022, then tumbled by -88bps to 2.84% in 2023, then skyrocketed by 562bps to 18.79% in 2024, then rose by 1bps to 18.93% in 2025.
  • The last three reported values for FCF Margin were 18.93% (Q4 2025), 33.11% (Q3 2025), and 31.49% (Q2 2025) per Business Quant data.