Airbnb (ABNB) Operating Expenses (2020 - 2026)

Airbnb's (ABNB) quarterly Operating Expenses came in at $2.6 billion in Q1 2026, up 16.03% year-on-year from $2.2 billion in Q1 2025, and up 3.31% quarter-over-quarter from $2.5 billion in Q4 2025.

Airbnb (ABNB) Operating Expenses (2020 - 2026) Analysis & Trends

Airbnb's Operating Expenses history runs 7 years deep, the most recent figure standing at $2.6 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 16.03% year-over-year to $2.6 billion in Q1 2026; TTM through Mar 2026 was $10.1 billion, a 15.02% increase from a year earlier, with the FY2025 full-year figure at $9.7 billion, up 13.43% from the prior year.
  • Operating Expenses improved to $2.6 billion in Q1 2026 per ABNB's latest filing, from $2.5 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.7 billion in Q4 2023 and bottomed at $1.5 billion in Q1 2022.
  • The 5-year median for Operating Expenses is $2.1 billion (2024), against an average of $2.1 billion.
  • Across the five-year window, Operating Expenses soared 62.81% in 2023 and declined 24.47% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $1.7 billion in 2022, then soared by 62.81% to $2.7 billion in 2023, then dropped by 24.47% to $2.1 billion in 2024, then climbed by 22.39% to $2.5 billion in 2025, then increased by 3.31% to $2.6 billion in 2026.
  • Per Business Quant, the three latest ABNB Operating Expenses figures stand at $2.6 billion (Q1 2026), $2.5 billion (Q4 2025), and $2.5 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 4.26 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 582.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 2.59 Bn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 379,000.00
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -352.87 Mn
6 Carnival 34.61 Bn 32.38 Bn - 4.23 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 576.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 720.40 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 105.66 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 837.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.59 Bn
Dec 31, 2025 2.51 Bn
Sep 30, 2025 2.47 Bn
Jun 30, 2025 2.48 Bn
Mar 31, 2025 2.23 Bn
Dec 31, 2024 2.05 Bn
Sep 30, 2024 2.21 Bn
Jun 30, 2024 2.25 Bn
Mar 31, 2024 2.04 Bn
Dec 31, 2023 2.71 Bn
Sep 30, 2023 1.90 Bn
Jun 30, 2023 1.96 Bn
Mar 31, 2023 1.82 Bn
Dec 31, 2022 1.67 Bn
Sep 30, 2022 1.68 Bn
Jun 30, 2022 1.74 Bn
Mar 31, 2022 1.51 Bn
Dec 31, 2021 1.46 Bn
Sep 30, 2021 1.39 Bn
Jun 30, 2021 1.39 Bn