Airbnb, Inc., together with its subsidiaries, operates a platform for stays, experiences, and services worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces, experiences, and services. It also offers gift cards. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $12.2B | $2.5B | $2.5B | $4.6B | 30.6% | 10.3% | -5.2% |
| 2024 | $11.1B | $2.6B | $2.6B | $4.5B | 31.5% | 11.9% | -44.7% |
| 2023 | $9.9B | $1.5B | $4.8B | $3.9B | 58.7% | 18.1% | 153.1% |
| 2022 | $8.4B | $2.0B | $1.9B | $3.4B | 34.0% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 8,399 | 9,917 | 11,102 | 12,241 |
| Cost Of Revenue | - | 1,499 | 1,703 | 1,878 | 2,086 |
| Gross Profit | - | 6,900 | 8,214 | 9,224 | 10,155 |
| Operating Expense | - | 5,009 | 6,696 | 6,671 | 7,611 |
| Operating Income | - | 1,891 | 1,518 | 2,553 | 2,544 |
| EBITDA | - | 1,972 | 1,518 | 2,553 | 2,544 |
| EBIT | - | 1,891 | 1,518 | 2,553 | 2,544 |
| Pretax Income | - | 1,989 | 2,102 | 3,331 | 3,137 |
| Tax Provision | - | 96 | -2,690 | 683 | 626 |
| Net Income | - | 1,893 | 4,792 | 2,648 | 2,511 |
| Net Income Common Stockholders | - | 1,893 | 4,792 | 2,648 | 2,511 |
| Total Expenses | - | 6,508 | 8,399 | 8,549 | 9,697 |
| Interest Expense | 438 | 24 | 83 | - | - |
| Interest Income | - | 186 | 721 | 818 | 705 |
| Research And Development | - | 1,502 | 1,722 | 2,056 | 2,354 |
| Selling General And Administration | - | 2,466 | 3,788 | 3,333 | 3,930 |
| Normalized EBITDA | - | 2,061 | 1,518 | 2,553 | 2,544 |
| Normalized Income | - | 1,977.73 | 4,792 | 2,648 | 2,511 |
| Market Cap | 85,622.60 | 85,622.60 | 85,622.60 | 85,622.60 | 85,622.60 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Airbnb, Inc.this co. | ABNB | $87.5B | 34.10 | 10.44 | 30.6% | 31.89 |
| Starbucks Corporation | SBUX | $112.2B | 60.56 | -13.88 | -22.9% | 28.17 |
| Marriott International, Inc. | MAR | $100.2B | 37.40 | -25.80 | -69.0% | 23.74 |
| MercadoLibre, Inc. | MELI | $93.0B | 46.59 | 13.79 | 29.6% | 26.38 |
| O'Reilly Automotive, Inc. | ORLY | $79.3B | 30.77 |
| - |
| - |
| - |
| - |
| -102.30 |
| -332.5% |
| 21.67 |
| Hilton Worldwide Holdings Inc. | HLT | $79.1B | 52.82 | -14.28 | -27.0% | 31.07 |
| Royal Caribbean Cruises Ltd. | RCL | $72.1B | 16.85 | 7.17 | 42.5% | 13.15 |
| NIKE, Inc. | NKE | $66.3B | 20.56 | 5.01 | 24.4% | 15.46 |
| General Motors Company | GM | $63.2B | 26.09 | 1.15 | 4.4% | 9.81 |
| Peer Median | - | 34.08 | -6.37 | -9.3% | 22.71 | |