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| Date | Value |
|---|---|
| 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 |