AirbnbABNBRevenue: is the business selling more than it used to?
$12.2B+10% YoYFY 2025
◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year
→Revenue reached $12.2B in 2025, compounding +13% a year since 2022 though the pace has cooled. The trailing twelve months are already running at $13.2B, ahead of the last full year.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBNet income: how much of that revenue becomes profit?
$2.5B−5% YoYFY 2025
◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year
→Net income was $2.5B in 2025, compounding +10% a year over three years. Trailing twelve-month profit stands at $2.7B.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBHow fast is it growing, year by year?
+10.3%revenue growth, FY 2025
→Revenue grew +10% in 2025 against a five-year average of +32%. Earnings went the other way (-5%) even as sales grew, so margins compressed: costs rose faster than revenue.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBRevenue per share: is your slice growing as fast as the company?
$19.65revenue per share, FY 2025
◌ 2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year
→Revenue per share reached $19.65 in 2025, compounding +17% a year against +13% for ABNB as a whole. Buybacks added roughly 3.4 points to your per-share result. Free cash flow per share stands at $7.46.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBFree cash flow: what is left in real cash after everything?
$4.6B+3% YoYFY 2025
◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year
→Free cash flow was $4.6B in 2025, compounding +11% a year since 2022. That is the most cash the business has ever thrown off in a year. The trailing twelve months stand at $4.8B.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBHow much of every sales dollar ends up as free cash?
◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year
→38 cents of every sales dollar became free cash in 2025, down 3 points since 2022.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBWhat does staying competitive cost, per dollar of sales?
◌ 2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year
→The biggest claim on each sales dollar is research and development, at 19% of revenue (stock compensation 13%, capital spending 0%).
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBWhen sales grow, do profits grow faster?
→Operating profit outgrew revenue in only 2 of the last 4 years. Costs are growing roughly in step with the business, so scale isn't yet paying for itself.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBMargins: of every $1 of sales, how much survives each cost layer?
→Operating margin has held near 21% since 2022. After everything, 21 cents of each sales dollar reaches net profit. ABNB doesn't tag a gross-profit line in its filings, so the chart starts at operating margin.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBWhat does it earn on the money it uses?
◌ 2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year
→ROE of 35% and ROCE of 30% sit close together, so the returns come from the business itself rather than from borrowing.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBWhat has the market paid for ABNB over time?
42.1xP/E today
◌ 2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages
→At 42.1x earnings, the market is paying +22% more than ABNB's own 4-year median of 34.6x. Expectations are elevated, so more has to go right to justify the price.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBWhat cash return does the business throw off per dollar of market value?
4.5%FCF yield today
◌ 2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages
→Every dollar of market value currently buys 4.5% of annual free cash flow, right at ABNB's 5-year median of 4.7%.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBCould it handle its debt if things went wrong?
→The company holds $6.8B in cash against $2.5B of debt - a net-cash balance sheet, which means a bad year is an inconvenience rather than a threat.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBIs the company's own capital growing?
→The company's own capital shrank from $8.2B in 2023 to $7.8B (-4%). Buybacks or losses are drawing the buffer down - the distinction matters.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBHow much goes back, and how much leaks out as stock comp?
→Shareholders received $3.8B in buybacks in 2025. Stock compensation issued $1.6B of new shares in the same year, offsetting 42% of that.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBHow fast is your ownership being diluted - or concentrated?
→The share count shrank 3.4% in 2025, averaging 2.9% a year over three years. Buybacks are concentrating your ownership: the same business, split fewer ways.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBDoes ABNB earn more on its capital than that capital costs?
→ABNB earns 29.7% on the capital it employs, well above the 10% most investors treat as the cost of capital. It was 22.4% in 2022, so the trend is up. That is the highest in ABNB's filed history.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBABNB has issued or retired shares - did shareholders end up better off?
→ABNB's share count rose +139% from 2019 to 2025 while revenue per share grew +7%. Holders are further ahead than before, though the gain per share is smaller than the growth in the business.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
AirbnbABNBAre the people running it buying or selling?
→Insiders sold $788M on the open market and bought nothing. Many sales are pre-scheduled diversification rather than a view on the price. A further 27 filings were grants, option exercises or tax withholding, which say nothing either way.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30