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Filing Flows › Airbnb (ABNB) › Q2 2026 › vs Q1 2026

Airbnb (ABNB) Q2 2026 vs Q1 2026 (quarter over quarter)

Airbnb's revenue rose $930M (+35%) from $2.7B in Q1 2026 to $3.6B in Q2 2026. Operating margin 21.0% against 3.2% (+17.8 pts).

Airbnb, Q2 2026: revenue $3.6B (+16% year over year), operating margin 21.0%, net earnings $816M, operating cash flow $1.3B. The chart draws each line against Q1 2026, the increases inside each band.

Airbnb: what changed, Q2 2026 vs Q1 2026Airbnb: what changed, Q2 2026 vs Q1 2026Working capital & other$1.2BOperating profit$672MNet earnings$656MPre-tax earnings$616MOperating cash flow−$438MCosts & expenses$258MSales & marketing$124MShare-based compensation$77.0MOther income, net−$56.0MCost of revenue$52.0M

Margins

Q2 2026Q1 2026Change
Operating margin21.0%3.2%+17.8 pts
Net margin22.6%6.0%+16.6 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$3.6B$2.7B$930M+35%
Other income, net$139M$195M−$56.0M-29%
Operating profit$758M$86.0M$672M+781%
Costs & expenses$2.9B$2.6B$258M+10%
Pre-tax earnings$897M$281M$616M+219%
Cost of revenue$633M$581M$52.0M+9%
Research & development$672M$638M$34.0M+5%
Sales & marketing$875M$751M$124M+17%
General & admin$309M$296M$13.0M+4%
Other operating costs$361M$326M$35.0M+11%
Net earnings$816M$160M$656M+410%
Income tax$81.0M$121M−$40.0M-33%
Share-based compensation$487M$410M$77.0M+19%
Working capital & other$33.0M−$1.1B$1.2B—
Operating cash flow$1.3B$1.7B−$438M-26%

Questions

How much did Airbnb's revenue grow quarter over quarter in Q2 2026?

Airbnb's revenue rose $930M (+35%) from $2.7B in Q1 2026 to $3.6B in Q2 2026. Operating margin 21.0% against 3.2% (+17.8 pts).

Q2 2026 results → · Compare in the interactive Sankey →