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How Airbnb (ABNB) makes money

Airbnb (ABNB) made $4.9B of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Of every dollar of revenue, 42¢ was left as operating profit, 39¢ was left as net earnings.

Drawing the Sankey…

Airbnb revenue by quarterAirbnb revenue by quarter$2.3BQ1 2025$3.1BQ2 2025$4.1BQ3 2025$2.8BQ4 2025$2.7BQ1 2026$3.6BQ2 2026$4.9BQ3 2026
Airbnb: where each dollar of revenue goesAirbnb: where each dollar of revenue goesOperating profit42¢Income tax6¢Net earnings39¢Operating cash flow31¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$4.9B100.0%
Operating profit$2.0B41.5%
Income tax$283M5.8%
Net earnings$1.9B38.8%
Operating cash flow$1.5B31.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$4.9B+19%
Q2 2026$3.6B+16%
Q1 2026$2.7B+18%
Q4 2025$2.8B+12%
Q3 2025$4.1B+10%
Q2 2025$3.1B+13%
Q1 2025$2.3B+6%

From Airbnb's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Airbnb make money?

Airbnb (ABNB) made $4.9B of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Of every dollar of revenue, 42¢ was left as operating profit, 39¢ was left as net earnings.

What is Airbnb's profit margin?

Net earnings were $1.9B, 38.8% of revenue, in the third quarter 2026; the operating margin was 41.5%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.