Airbnb (ABNB) FCF Margin (2020 - 2026)
Airbnb (ABNB) posted quarterly FCF Margin of 63.78% for Q1 2026, down 1496.0% year-over-year from 4.57% in Q1 2025, and up 236.84% quarter-over-quarter from 18.93% in Q4 2025.
Airbnb (ABNB) FCF Margin (2020 - 2026) Analysis & Trends
Airbnb's FCF Margin history runs 7 years deep, the most recent figure standing at 63.78% for Q1 2026.
- In Q1 2026, FCF Margin fell 1496.0% year-over-year to 63.78%; the TTM figure through Mar 2026 stood at 36.1% (down 294.0% YoY), while the FY2025 annual figure was 37.95%, down 274.0% from the prior year.
- FCF Margin for Q1 2026 stood at 63.78%, up from 18.93% 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.
- The 5-year median for FCF Margin is 36.23% (2023), against an average of 43.56%.
- The sharpest annual moves came in 2023 and 2024: FCF Margin plunged 2108 bps in 2023, then jumped 1595 bps in 2024.
- Airbnb's FCF Margin stood at 23.92% in 2022, then tumbled by 88 bps to 2.84% in 2023, then surged by 562 bps to 18.79% in 2024, then gained by 1 bps to 18.93% in 2025, then soared by 237 bps to 63.78% in 2026.
- Business Quant data shows ABNB's FCF Margin at 63.78% in Q1 2026, 18.93% in Q4 2025, and 33.11% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.69 Bn | 140.47 Bn | 4.98 Bn | 49.55% |
| 2 | Airbnb | 106.27 Bn | 94.20 Bn | 2.98 Bn | 35.20% |
| 3 | Royal Caribbean Cruises | 80.62 Bn | 79.70 Bn | 2.29 Bn | -18.15% |
| 4 | Viking Holdings | 44.61 Bn | 40.81 Bn | 713.43 Mn | 57.75% |
| 5 | Expedia | 38.52 Bn | 31.39 Bn | 3.91 Bn | 29.64% |
| 6 | Carnival | 38.14 Bn | 35.89 Bn | - | 26.34% |
| 7 | Trip.com | 29.07 Bn | 17.37 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.38 Bn | 8.16 Bn | 1.05 Bn | 5.49% |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | 9.35% |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 11.84% |
Historic Data
Download 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% |