ABNB

Airbnb
D

ABNB

Arincen82/100B

If you had invested in Airbnb ago, it would be worth $904 today, against $1,726 in SPY and $1,775 in QQQ.

ArincenArincen ScoreBeta

82/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation6.7

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6.7

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Airbnb key facts

Style
Growth stock · 9.3/10Growth 9.3 · Value 2.7
Day range
181.935 – 187.030
52-week range
110.810 – 197.870
Market capitalization
111.44B USD
P/E
34.46
PEG ratio
1.59
EPS
5.42
EPS growth forecast (FY2026)
+37.9%
Volume
245,276
Beta
1.27
ESG score
68.9/100Environment 68 · Social 69 · Governance 70
Sector
Consumer Cyclical
Industry
Travel Services
CEO
Brian Chesky
Employees
8K
Website
airbnb.com
IPO date
10 Dec 2020

Airbnb earnings

Next earnings · Q4 FY2026
EPS estimate
0.81 USD
Revenue estimate
3.26B USD
Last quarter · Q3 FY2026
EPS3.16Beat +10.9%Revenue4.87BBeat +2.6%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20273.45——+9.07%5.44B——+11.78%
Q2 FY20271.52——+11.25%4.07B——+12.94%
Q1 FY20270.42——+59.86%3.05B——+13.89%
Q4 FY20260.81——+45.18%3.26B——+17.29%
Q3 FY20262.853.16+10.88%+42.99%4.75B4.87B+2.57%+18.90%
Q2 FY20261.261.37+8.73%+33.01%3.58B3.61B+0.78%+16.54%
Q1 FY20260.300.26-14.50%+8.33%2.62B2.68B+2.34%+17.87%
Q4 FY20250.670.56-15.92%-23.29%2.71B2.78B+2.32%+12.02%
Q3 FY20252.312.21-4.33%+3.76%4.08B4.10B+0.36%+9.73%
Q2 FY20250.941.03+9.93%+19.77%3.03B3.10B+2.18%+12.66%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Airbnb analyst forecast

12-month price target
192.87 USD
+3.28%

Analysts' 1-year price targets range from 150.00 to 245.00, with an average of 192.87.

Past year
1-year forecast
Strong sellStrong buy
Buy
36 ratings
Buy
23
Hold
11
Sell
2

12-month price target

Highest target245.00
Average target192.87
Lowest target150.00
Current price186.75

Airbnb valuation

Price to earnings ratio (TTM)
34.46
Forward P/E (FY2026)
33.51
Price to sales (TTM)
8.00
Price to book
11.97
EV / EBITDA (TTM)
29.63

Capital structure

Market capitalization
111.44B USD
+
Total debt
2.41B USD
−
Cash and short-term investments
12.59B USD
=
Enterprise value
101.26B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)24.63————
FY2027 (est.)29.3124.63———
FY2026 (est.)33.5129.31———
Now (TTM)34.4629.798.0011.9729.63
FY202533.1024.366.7610.1529.22
FY202431.3631.837.489.8723.11
FY202318.1034.068.7410.6236.86
FY202228.7910.436.489.8025.06
FY2021-292.0964.3117.1221.48358.37

Airbnb against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Royal Caribbean Cruises, Booking Holdings, Carnival Corporation &, and Expedia Group, the US Travel Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median34.5
    13.595.9
  • Gross marginLowest in 5 years72.6%
    72.6%83.1%
    Against its peers: 3 of 5Peers' median 68.5%
  • Operating marginAt its median20.8%
    7.2%23.0%
    Against its peers: 3 of 5Peers' median 22.1%
  • Net marginBelow its median20.5%
    -5.9%48.3%
    Against its peers: 2 of 5Peers' median 15.2%
  • Return on equityBelow its median30.6%
    -7.4%58.7%
    Against its peers: 3 of 4Peers' median 42.6%
  • Free cash flow marginLowest in 5 years38.0%
    38.0%40.7%
    Against its peers: 1 of 5Peers' median 15.5%
  • Revenue growthLowest in 5 years10.3%
    10.3%77.4%
    Against its peers: 2 of 5Peers' median 8.2%
  • EPS growthAt its median-1.9%
    -43.2%159.5%
    Against its peers: 4 of 5Peers' median 24.9%
  • Debt to EBITDABelow its median0.84×
    0.68×8.76×
    Against its peers: 1 of 5Peers' median 3.06×
  • Current ratioLowest in 5 years1.38
    1.381.95
    Against its peers: 1 of 5Peers' median 0.53

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Airbnb growth and profitability

Revenue (TTM)
13.93B USD
Net income (TTM)
3.21B USD
Gross margin
78.60%
Operating margin
22.50%
Net margin
23.02%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202512.24B+10.26%2.51B-5.17%72.64%20.78%20.51%2.70B-20.49%
FY202411.10B+11.95%2.65B-44.74%83.08%23.00%23.85%3.40B+52.36%
FY20239.92B+18.07%4.79B+153.14%82.83%15.31%48.32%2.23B+13.03%
FY20228.40B+40.17%1.89B—82.15%21.45%22.54%1.97B+614.49%
FY20215.99B+77.37%-352.00M—80.71%7.16%-5.87%276.00M—

Airbnb revenue breakdown

By product

FY2025
100.0%Reportable
SegmentRevenueShare of revenueChange on the year
Reportable12.24B100.0%+10.3%

By region

FY2025
North America: 42.4%EMEA: 38.6%Latin America: 9.5%Asia Pacific: 9.4%42.4%North America38.6%EMEA9.5%Latin America9.4%Asia Pacific
RegionRevenueShare of revenueChange on the year
North America5.20B42.4%+3.8%
EMEA4.73B38.6%+14.4%
Latin America1.16B9.5%+19.7%
Asia Pacific1.16B9.4%+16.5%

How Airbnb makes its money

Reportable12.24B 100.0%
Revenue12.24B 100.0%
Cost of revenue3.41B 27.9%
Gross profit8.89B 72.6%
Research and development2.35B 19.2%
Selling and administration3.93B 32.1%
Other operating expenses64.00M 0.5%
Operating income2.54B 20.8%
Tax626.00M 5.1%
Net income2.51B 20.5%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Airbnb financial health

Cash and short-term investments
12.59B USD
Total debt
2.41B USD
Net cash
10.18B USD
Current ratio
1.73
Debt to equity
0.26
Piotroski score
8 / 9
Altman Z-score
5.46

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY202511.01B2.27B4.65B
FY202410.61B2.29B4.52B
FY202310.07B2.30B3.88B
FY20229.62B2.34B3.41B
FY20218.32B2.42B2.29B

Airbnb ownership

Institutions
60.87%
Institutional holders
1,399 (+7)
Free float
96.23%

Who owns the shares

Institutions 60.9% Others 39.1%
As of 30 Jun 2026

Shares free to trade

Free float 574.22M shares ·96.2% Closely held 22.52M shares ·3.8%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 20260186.46M13.05M
Q3 202601057.23M17.23M
Q2 202601104.02M6.09M
Q1 2026036255.54K627.73K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025613.00M623.00M-3.41%
FY2024632.00M645.00M-2.57%
FY2023637.00M662.00M-2.65%
FY2022637.00M680.00M+10.39%
FY2021616.00M616.00M+3.69%

Source: Financial Modeling Prep

Related Instruments

Title: Airbnb

Sector: Consumer Cyclical
Industry: Travel Services
Airbnb is the world's largest online alternative accommodation travel agency; it also offers booking services for boutique hotels, experiences, and hotel-like services. Airbnb's platform offers over 9 million active accommodation listings.Listings from the company's 5 million-plus hosts are in almost every country in the world. In 2025, 42% of revenue was from North America, 39% from Europe, the Middle East, and Africa, 10% from Latin America, and 9% from Asia-Pacific. Transaction fees for online bookings account for all its revenue.

Common questions about Airbnb stock