Airbnb (ABNB) Gross Margin (2020 - 2026)
Airbnb (ABNB) posted Gross Margin of 82.46% for Q2 2026, up 5.3% on a QoQ basis from 78.3% in Q1 2026, and up 3.0% year-over-year from 80.05% in Q2 2025.
Analysis
Airbnb (ABNB) Gross Margin (2020 - 2026) Analysis & Trends
Airbnb has reported Gross Margin for 7 years, with the latest figure at 82.46% in Q2 2026.
- On a quarterly basis, Gross Margin rose 3.0% year-over-year to 82.46% in Q2 2026; TTM through Jun 2026 was 82.9%, a 33.0% decrease from a year earlier, with the FY2025 full-year figure at 82.96%, down 13.0% from the prior year.
- Gross Margin was 82.46% for Q2 2026 at Airbnb, up from 78.3% in the prior quarter.
- The five-year high for Gross Margin was 87.54% in Q3 2024, with the low at 75.94% in Q1 2022.
- Average Gross Margin over 5 years is 81.84%, with a median of 82.44% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Gross Margin soared 464 bps in 2022, then sank 102 bps in 2024.
- Over 5 years, Gross Margin stood at 81.86% in 2022, then grew by 1 bps to 82.69% in 2023, then climbed by 0 bps to 82.78% in 2024, then fell by 0 bps to 82.47% in 2025, then dropped by 0 bps to 82.46% in 2026.
- The last three Gross Margin figures came in at 82.46% (Q2 2026), 78.3% (Q1 2026), and 82.47% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn | 38.11% |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn | 67.75% |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn | 57.06% |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn | 82.46% |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn | 40.90% |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn | 73.45% |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn | 90.66% |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn | 72.00% |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - | - |
| 10 | Etsy | 7.07 Bn | 5.94 Bn | 484.05 Mn | 72.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.46% |
| Mar 31, 2026 | 78.30% |
| Dec 31, 2025 | 82.47% |
| Sep 30, 2025 | 86.59% |
| Jun 30, 2025 | 82.43% |
| Mar 31, 2025 | 77.73% |
| Dec 31, 2024 | 82.78% |
| Sep 30, 2024 | 87.54% |
| Jun 30, 2024 | 81.59% |
| Mar 31, 2024 | 77.59% |
| Dec 31, 2023 | 82.69% |
| Sep 30, 2023 | 86.49% |
| Jun 30, 2023 | 82.61% |
| Mar 31, 2023 | 76.46% |
| Dec 31, 2022 | 81.86% |
| Sep 30, 2022 | 86.10% |
| Jun 30, 2022 | 81.46% |
| Mar 31, 2022 | 75.94% |
| Dec 31, 2021 | 80.72% |
| Sep 30, 2021 | 86.07% |