Flagship explainer
How Airbnb, Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $12.2B | 100% |
| |
| Cost of revenue | $2.1B | 17% |
|
| $10.2B | 83% |
| |
| $2.5B | 21% |
| |
| Income before tax | $3.1B | 26% |
|
| Income tax | $626M | 5% |
|
| $2.5B | 21% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001559720-26-000004