How does Airbnb (ABNB) make money?

Airbnb (ABNB) generates revenue primarily from Reportable Segment, which accounted for 100% of total revenue in TTM through Q1 2026. The company reported $12.65B in revenue and converted 19.9% of it into net profit, equivalent to roughly $2.52B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Airbnb (ABNB)?

Airbnb (ABNB) reported a gross profit margin of 82.9% in TTM through Q1 2026, equivalent to $10.49B in gross profit on $12.65B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Airbnb (ABNB)?

Airbnb (ABNB) reported an operating profit margin of 20.5% in TTM through Q1 2026, equivalent to $2.59B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Airbnb (ABNB)?

Airbnb (ABNB) reported a net profit margin of 19.9% in TTM through Q1 2026, equivalent to $2.52B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Airbnb (ABNB) profitable?

Yes. Airbnb (ABNB) reported $2.52B in net income for TTM through Q1 2026, with a net profit margin of 19.9%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Airbnb (ABNB) invest in research and development?

Airbnb (ABNB) invested $2.42B in research and development during TTM through Q1 2026, roughly 19.2% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Airbnb (ABNB) spend on capital expenditures?

Airbnb (ABNB) spent $16.00M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 0.1% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Airbnb (ABNB) generate?

Airbnb (ABNB) generated $4.55B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 36.0%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Airbnb (ABNB)?

Airbnb (ABNB) had an effective tax rate of 22.4% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

Where does Airbnb (ABNB) generate most of its revenue?

North America is the largest geographic market for Airbnb (ABNB), accounting for 41.7% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Airbnb Makes Money: 2026 Visual Revenue Map

Airbnb (ABNB) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 7, 2026).

Airbnb (ABNB) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Airbnb (ABNB), TTM through Q1 2026
Region	Revenue (USD)	% of total
North America	$5.28B	41.7%
EMEA	$4.88B	38.6%
Latin America	$1.27B	10%
Asia Pacific	$1.22B	9.6%
Total	$12.65B	100%

North America
EMEA
Latin America
Asia Pacific
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Airbnb (ABNB) generated 41.7% of revenue from North America, followed by EMEA (38.6%) and Latin America (10%).

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