Filing Flows › Airbnb (ABNB) › Q3 2025
Airbnb (ABNB) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Airbnb (ABNB) reported revenue of $4.1B for the third quarter 2025 (Q3 2025), +10% from a year earlier and +32% from the quarter before. Operating margin was 39.7%, net earnings $1.4B (33.6% of revenue).
Airbnb, Q3 2025: revenue $4.1B (+10% year over year), operating margin 39.7%, net earnings $1.4B, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1B | +32% | +10% |
| Operating profit | $1.6B | +166% | +7% |
| Net earnings | $1.4B | +114% | +0.4% |
| Operating cash flow | $1.4B | +39% | +26% |
What changed
Revenue was $4.1B in Q3 2025, up 10% year over year and up 32% from the previous quarter.
Operating profit was $1.6B, a 39.7% margin (down 1.2 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, below the 41% margin then. Total costs grew 12% against revenue growth of 10%. The fastest-growing cost line was Sales & marketing (+24%). Net earnings were $1.4B, roughly flat year over year. The effective tax rate was 23.3%.
Operating cash flow was $1.4B (up 26% year over year), 99% of net earnings. Non-cash charges added back $0.40B of share-based compensation. Working capital and other items used $0.42B.
Questions
What was Airbnb's revenue in the third quarter 2025?
Airbnb (ABNB) reported revenue of $4.1B for the third quarter 2025 (Q3 2025), +10% from a year earlier and +32% from the quarter before.
Was Airbnb profitable in the third quarter 2025?
Operating profit was $1.6B (39.7% of revenue) and net earnings $1.4B.
Source: Airbnb 10-Q on SEC EDGAR.