Is the business good?
How good a business is ABNB?
Airbnb keeps 21% of every revenue dollar as operating profit, against 16% for the median Travel Services name.
21%
Operating margin · Travel Services median 16% · 12 months to Q2 2026
- Share count, year on year
- −4.6%
Share count, year on year · bought back, each share owns more of the company
- R&D as % of revenue
- 19%
R&D as % of revenue
- Gross margin
- 83%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −106% |
| FY2021 | 7.2% |
| FY2022 | 21% |
| FY2023 | 15% |
| FY2024 | 23% |
| FY2025 | 21% |
Details›
- Gross margin12 months to Q2 2026
- 83%
- Operating margin12 months to Q2 2026
- 21%
- Net margin12 months to Q2 2026
- 20%
- R&D as % of revenue
- 19%
- Revenue, trailing twelve months
- $13.2B
- Net income, trailing twelve months
- $2.69B
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Travel Services
Ranks #2 of 11 by Smart Score