Filing Flows › Comparisons › ABNB vs APG
Airbnb vs APi Group: ABNB and APG compared
Airbnb is the larger company: $4.9B of revenue in its latest quarter (Q3 2026) against $2.6B for APi Group (Q3 2026). APi Group is growing faster (+22% against +19% a year earlier). Airbnb is more profitable, with an operating margin of 41.5% against 7.9%.
Where the money goes: ABNB and APG
Airbnb (ABNB) · Q3 2026
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.
APi Group (APG) · Q3 2026
APi Group, Q3 2026: revenue $2.6B (+22% year over year), operating margin 7.9%, net earnings $114M, operating cash flow $225M. The chart follows the revenue to costs, profit and cash.
| Airbnb (ABNB) | APi Group (APG) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $4.9B | $2.6B |
| Revenue growth, Y/Y | +19% | +22% |
| Gross margin | — | 30.1% |
| Operating margin | 41.5% | 7.9% |
| Net earnings | $1.9B | $114M |
| Net margin | 38.8% | 4.5% |
| Operating cash flow | $1.5B | $225M |
| Free cash flow | — | $198M |
| Market value | $101.6B | $17.6B |
| P/E | 31.7× | — |
| Analysts’ mean target | $200.41 | $55.18 |
Where the revenue comes from
APi Group
- Life Safety: $1.7B (65%)
- Specialty Contracting: $421M (16%)
- Infrastructure and Utility: $349M (14%)
- Fabrication and Distribution: $123M (5%)
Questions
Which is bigger, Airbnb or APi Group?
Airbnb is the larger company: $4.9B of revenue in its latest quarter (Q3 2026) against $2.6B for APi Group (Q3 2026).
Is Airbnb or APi Group growing faster?
APi Group is growing faster (+22% against +19% a year earlier).
Which is more profitable, Airbnb or APi Group?
Airbnb is more profitable, with an operating margin of 41.5% against 7.9%.
More: Airbnb earnings · how Airbnb makes money · APi Group earnings · how APi Group makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.