Airbnb Q1 FY26: where the revenue came from and where it went
The whole income statement of Airbnb for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 7, 2026
Revenue$2.68B
+18% year over year
Gross profit$2.10B
78% margin
Operating profit$0.09B
3% margin
Net profit$0.16B
6% margin
Net profit is larger than what operations earned, because the statement adds $0.20B below it, under Other income, net.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.68 | 100% | +18% |
| North America | 1.14 | 42% | +8% |
| EMEA | 0.75 | 28% | +25% |
| Latin America | 0.45 | 17% | +31% |
| Asia Pacific | 0.34 | 13% | +23% |
| Cost of revenue | −0.58 | 22% | |
| Gross profit | 2.10 | 78% margin | +1pp |
| R&D | −0.64 | 24% | −1pp |
| Sales & marketing | −0.75 | 28% | +3pp |
| G&A | −0.30 | 11% | −2pp |
| Other | −0.33 | 12% | +0pp |
| Operating profit | 0.09 | 3% margin | +2pp |
| Other income, net | 0.20 | ||
| Tax | −0.12 | ||
| Net profit | 0.16 | 6% margin | −1pp |
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