Filing Flows › Airbnb (ABNB) › Operating margin
Airbnb (ABNB) operating margin by quarter
Airbnb's operating margin was 41.5% in Q3 2026 (third quarter 2026), +20.5 pts from Q2 2026. Over the last 7 quarters it ranged from 1.7% (Q1 2025) to 41.5% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 41.5% | +20.5 pts | +1.8 pts |
| Q2 2026 | 21.0% | +17.8 pts | +1.2 pts |
| Q1 2026 | 3.2% | -6.5 pts | +1.5 pts |
| Q4 2025 | 9.7% | -30.0 pts | — |
| Q3 2025 | 39.7% | +19.9 pts | — |
| Q2 2025 | 19.8% | +18.1 pts | — |
| Q1 2025 | 1.7% | — | — |
Q3 2026 at a glance
Airbnb, Q3 2026: revenue $4.9B (+19% year over year), operating margin 41.5%, net earnings $1.9B, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
Questions
What is Airbnb's operating margin?
Airbnb's operating margin was 41.5% in Q3 2026 (third quarter 2026), +20.5 pts from Q2 2026.
How has Airbnb's operating margin changed?
Over the last 7 quarters it ranged from 1.7% (Q1 2025) to 41.5% (Q3 2026).