Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Airbnb, Inc.

ABNB · Nasdaq · Consumer

Fundamental quality

ATTRACTIVE

89

out of 100

Airbnb, Inc. fits the profile of a quality compounder: it pairs high return on capital (ROE 33%) with wide margins (net margin 19.9%) and a business that keeps growing (28.6% a year). On fundamental quality it scores 89 out of 100, profiling it as a company with solid fundamentals. Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Airbnb invented a category: turning any house in the world into lodging. Today it is a global network of millions of listings whose advantage isn't buildings but the brand — turned verb — and a host community nobody else has.

What will shape its future

  • Urban regulation: every city restricting short-term rentals trims its supply.
  • Expansion beyond lodging (experiences, services), its second-decade bet.
  • The travel cycle and the eternal comparison with hotels on price and reliability.

Breakdown by area

I.Growth
82

EPS growth: 9.2% · Revenue growth: 28.6%

II.Profitability
90

Net margin: 19.9% · ROE: 33% · ROIC: 65.4%

III.Financial health
95

Net debt/EBITDA: -1.75x

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength, and here its pillars hold up evenly.

Versus its sector

Percentile against the other 98 Consumer companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 92%
ROEbeats 76%
Growthbeats 88%
Less debtbeats 95%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Airbnb, Inc. strengths

  • Revenue growing strongly (28.6% annualized).
  • Outstanding return on equity (ROE of 33%): it puts shareholder capital to good use.
  • It has turned profitable after years of losses.
  • High net margin (19.9%), high even for its sector: the business is clearly profitable.

Airbnb, Inc. risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

Airbnb, Inc. historical evolution

YearRevenueNet incomeFree cash flowNet debt
20203,378-4,585-777-3,655
20215,992-3522,288-4,084
20228,3991,8933,405-5,391
20239,9174,792-4,883
202411,1022,648-4,869
202512,2412,511-4,561

Between 2020 and 2025, revenue went from $3,378M to $12,241M (+262%) and net income went from -$4,585M to $2,511M (+155%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+17.9%
  • Net income+3.9%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

This company doesn't pay a dividend: it reinvests all its earnings back into the business.

Advertising

Want to invest in Airbnb, Inc.?

Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.

Interactive BrokersGlobal markets

The serious investor's standard

Open free account →
WebullCommission-free

Popular in the U.S.

Open free account →

Investing carries risk of loss.

Is Airbnb, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Airbnb, Inc. a good company to invest in?

In terms of business quality, Airbnb, Inc. scores 89 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Airbnb, Inc. a profitable company?

Yes. Airbnb, Inc. shows a net margin of 19.9% and an ROE of 33%, a sign of a profitable business.

Does Airbnb, Inc. have a lot of debt?

No. Airbnb, Inc. has a net cash position: more cash than debt.

Is Airbnb, Inc. growing?

Its revenue has grown 28.6% annualized in recent years and its earnings per share 9.2%, and without interruption since 2020.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Was this page helpful?