Filing Flows › Airbnb (ABNB) › Q1 2026
Airbnb (ABNB) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Airbnb (ABNB) reported revenue of $2.7B for the first quarter 2026 (Q1 2026), +18% from a year earlier and -4% from the quarter before. Operating margin was 3.2%, net earnings $160M (6.0% of revenue).
Airbnb, Q1 2026: revenue $2.7B (+18% year over year), operating margin 3.2%, net earnings $160M, operating cash flow $1.7B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | -4% | +18% |
| Operating profit | $86.0M | -68% | +126% |
| Net earnings | $160M | -53% | +4% |
| Operating cash flow | $1.7B | +225% | -5% |
What changed
Revenue was $2.7B in Q1 2026, up 18% year over year and down 4% from the previous quarter.
Operating profit was $0.09B, a 3.2% margin (up 1.5 points year over year). Of the extra revenue versus Q1 2025, 12% reached operating profit, above the 2% margin then. Total costs grew 16% against revenue growth of 18%. The fastest-growing cost line was Sales & marketing (+33%). Net earnings were $0.16B, up 4% year over year. The effective tax rate was 43.1%. Non-operating items added $0.20B, 69% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.7B (down 5% year over year), 1068% of net earnings. Non-cash charges added back $0.41B of share-based compensation. Working capital and other items added $1.1B.
Questions
What was Airbnb's revenue in the first quarter 2026?
Airbnb (ABNB) reported revenue of $2.7B for the first quarter 2026 (Q1 2026), +18% from a year earlier and -4% from the quarter before.
Was Airbnb profitable in the first quarter 2026?
Operating profit was $86.0M (3.2% of revenue) and net earnings $160M.
Source: Airbnb 10-Q on SEC EDGAR.