Airbnb (ABNB) Operating Margin (2020 - 2026)
Airbnb (ABNB) posted Operating Margin of 21.01% for Q2 2026, up 554.21% on a QoQ basis from 3.21% in Q1 2026, and up 124.0% year-over-year from 9.38% in Q2 2025.
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Analysis
Airbnb (ABNB) Operating Margin (2020 - 2026) Analysis & Trends
Airbnb has reported Operating Margin for 7 years, with the latest figure at 21.01% in Q2 2026.
- On a quarterly basis, Operating Margin rose 124.0% year-over-year to 21.01% in Q2 2026; TTM through Jun 2026 was 20.81%, a 169.0% decrease from a year earlier, with the FY2025 full-year figure at 20.78%, down 221.0% from the prior year.
- Operating Margin was 21.01% for Q2 2026 at Airbnb, up from 3.21% in the prior quarter.
- The five-year high for Operating Margin was 44.04% in Q3 2023, with the low at 22.36% in Q4 2023.
- Average Operating Margin over 5 years is 16.1%, with a median of 17.44% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Margin jumped 5006 bps in 2022, then slumped 3472 bps in 2023.
- Over 5 years, Operating Margin stood at 12.36% in 2022, then slumped by 281 bps to 22.36% in 2023, then surged by 178 bps to 17.34% in 2024, then tumbled by 44 bps to 9.68% in 2025, then surged by 117 bps to 21.01% in 2026.
- The last three Operating Margin figures came in at 21.01% (Q2 2026), 3.21% (Q1 2026), and 9.68% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - | 34.00% |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn | 24.71% |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn | 13.71% |
| 10 | Airbnb | 92.91 Bn | 46.14 Bn | 2.98 Bn | 21.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.01% |
| Mar 31, 2026 | 3.21% |
| Dec 31, 2025 | 9.68% |
| Sep 30, 2025 | 39.68% |
| Jun 30, 2025 | 19.77% |
| Mar 31, 2025 | 1.67% |
| Dec 31, 2024 | 17.34% |
| Sep 30, 2024 | 40.86% |
| Jun 30, 2024 | 18.09% |
| Mar 31, 2024 | 4.72% |
| Dec 31, 2023 | -22.36% |
| Sep 30, 2023 | 44.04% |
| Jun 30, 2023 | 21.05% |
| Mar 31, 2023 | -0.28% |
| Dec 31, 2022 | 12.36% |
| Sep 30, 2022 | 41.71% |
| Jun 30, 2022 | 17.54% |
| Mar 31, 2022 | -0.33% |
| Dec 31, 2021 | 4.91% |
| Sep 30, 2021 | 38.08% |
API Access
Airbnb Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=ABNB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "ABNB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=ABNB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();