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ABNB
Airbnb Inc.Stock · Consumer DiscretionaryNasdaq-100 0.3% · S&P 500 0.1%
$141.06+$3.49 (+2.54%)as of market close, Jul 24, 2026
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How Airbnb makes money

Period

How does Airbnb make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Airbnb Inc. · FY2025 · year ended 2025-12-31
Revenue$12.2BGross profit$10.2B · 83%Cost of revenue$2.1B · 17%Operating income$2.5B · 21%Operating expenses$7.6B · 62%R&D$2.4B · 19%SG&A$1.3B · 11%Selling & marketing$2.6B · 21%Other opex$1.3B · 11%Pre-tax income$3.1B · 26%Other income$593M · 5%Net income$2.5B · 21%Income tax$626M · 5%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.