Airbnb (ABNB) Q2 FY2026 earnings: revenue $3.6 billion, up 16.5% on the year

Airbnb, Inc. (ABNB) reported revenue of $3.6 billion for Q2 FY2026, the quarter ended 30 June 2026, up 16.5% on the same quarter a year earlier. Net income was $816 million, up 27.1% on the year, and diluted earnings per share $1.37. The figures are the company's own, from the 10-Q it filed with the SEC on 6 August 2026.

Revenue

$3.6 billion

+16.5% on the year · +34.7% on the quarter

Q3 FY2024Q2 FY2026

Operating margin

21.0%

19.8% a year earlier

Q3 FY2024Q2 FY2026

Net income

$816 million

+27.1% on the year · +410.0% on the quarter

Q3 FY2024Q2 FY2026

Diluted EPS

$1.37

+33.0% on the year · +426.9% on the quarter

Q3 FY2024Q2 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 raised, 3 new.

Revenue up 17% year-over-year: Revenue was $3.6 billion, up 17% (13% ex-FX), driven mainly by growth in nights stayed and a moderate increase in ADR. Net income was $816 million and Adjusted EBITDA was $1.3 billion.
Nights and seats growth accelerated: Nights and Seats Booked grew 10%, accelerating from Q1 2026, with management citing demand across all regions and product changes. Origin nights accelerated in the U.S., France, the UK and Australia.
North America at multi-year high: North America Nights and Seats Booked grew high-single digits, the highest growth in almost three years, and ADR rose 7%. Short-term stays and entire homes outpaced long-term stays and private rooms.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Revenue	3,608	2,678	3,096	+34.7%	+16.5%
Cost of revenue	633	581	544	+9.0%	+16.4%
Gross profit	2,975	2,097	2,552	+41.9%	+16.6%
Gross margin	82.5%	78.3%	82.4%
Research and development	672	638	610	+5.3%	+10.2%
Operating income	758	86.0	612	+781.4%	+23.9%
Operating margin	21.0%	3.2%	19.8%
Pre-tax income	897	281	779	+219.2%	+15.1%
Income tax	81.0	121	137	-33.1%	-40.9%
Effective tax rate	9.0%	43.1%	17.6%
Net income	816	160	642	+410.0%	+27.1%
Net margin	22.6%	6.0%	20.7%
Diluted EPS	$1.37	$0.26	$1.03	+426.9%	+33.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Operating cash flow	1,270	1,708	975	-25.6%	+30.3%
Cash from investing	-349	-461	-91.0
Cash from financing	571	2,970	328	-80.8%	+74.1%
Share-based compensation	487	410	424	+18.8%	+14.9%
Buybacks	1,051	1,088	1,010	-3.4%	+4.1%
Diluted shares, weighted	597m	608m	626m	-1.8%	-4.6%
Shares outstanding at period end	599m	603m	621m	-0.7%	-3.6%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Shareholders' equity	7,799	7,636	7,782	+2.1%	+0.2%
Debt	2,476	2,475	1,997	+0.0%	+24.0%
Operating lease liabilities	n/a	n/a	218
Other liabilities	18,479	16,717	16,995	+10.5%	+8.7%
Total liabilities and equity	28,754	26,828	26,992	+7.2%	+6.5%
Fixed assets	n/a	n/a	132
Investments	5,248	4,968	3,954	+5.6%	+32.7%
Cash and equivalents	6,821	7,037	7,402	-3.1%	-7.8%
Receivables	209	191	n/a	+9.4%
Other assets	16,476	14,632	15,504	+12.6%	+6.3%
Total assets	28,754	26,828	26,992	+7.2%	+6.5%

Questions

What was Airbnb's revenue in Q2 FY2026?

Airbnb (ABNB) reported revenue of $3.6 billion for Q2 FY2026, the quarter ended 30 June 2026, up 16.5% on the same quarter a year earlier.

How much did Airbnb earn in Q2 FY2026?

Net income for Q2 FY2026 was $816 million, up 27.1% on the year, and diluted earnings per share $1.37.

When did Airbnb report Q2 FY2026 results?

Airbnb filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 6 August 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022 †	Q2 FY2022 †	Q3 FY2022 †	Q4 FY2022 * †	Q1 FY2023 †	Q2 FY2023	Q3 FY2023	Q4 FY2023 * †	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	1,532	1,509	2,104	2,884	1,902	1,818	2,484	3,397	2,218	2,142	2,748	3,732	2,480	2,272	3,096	4,095	2,778	2,678	3,608	4,869
Cost of revenue	295	363	390	401	345	428	432	459	384	480	506	465	427	506	544	549	487	581	633	651
Gross profit	1,237	1,146	1,714	2,483	1,556	1,390	2,052	2,938	1,834	1,662	2,242	3,267	2,053	1,766	2,552	3,546	2,291	2,097	2,975	4,218
Gross margin	81%	76%	81%	86%	82%	76%	83%	86%	83%	78%	82%	88%	83%	78%	82%	87%	82%	78%	82%	87%
R&D	368	363	375	366	398	420	451	419	432	475	519	524	538	568	610	587	589	638	672	664
Operating income	75.6	-5.0	369	1,203	235	-5.0	523	1,496	-496	101	497	1,525	430	38.0	612	1,625	269	86.0	758	2,021
Operating margin	5%	-0%	18%	42%	12%	-0%	21%	44%	-22%	5%	18%	41%	17%	2%	20%	40%	10%	3%	21%	42%
Interest expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	6.0	n/a	n/a	n/a	45.0
Pre-tax income	72.2	-8.0	383	1,270	344	130	676	1,679	-383	293	681	1,735	622	173	779	1,792	393	281	897	2,173
Tax rate	25%	n/a	1%	4%	7%	10%	4%	-161%	n/a	10%	19%	21%	26%	11%	18%	23%	13%	43%	9%	13%
Net income	54.5	-19.0	379	1,214	319	117	650	4,374	-349	264	555	1,368	461	154	642	1,374	341	160	816	1,890
Net margin	4%	-1%	18%	42%	17%	6%	26%	129%	-16%	12%	20%	37%	19%	7%	21%	34%	12%	6%	23%	39%
Diluted EPS	$0.27	-$0.03	$0.56	$1.79	$0.47	$0.18	$0.98	$6.63	-$0.55	$0.41	$0.86	$2.13	$0.71	$0.24	$1.03	$2.21	$0.55	$0.26	$1.37	$3.16
Operating cash flow	381	1,202	800	966	463	1,587	909	1,325	63.0	1,923	1,051	1,078	466	1,789	975	1,356	526	1,708	1,270	1,508
Capital expenditure	4.5	6.0	5.0	5.6	8.4	6.0	9.0	15.0	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Free cash flow	376	1,196	795	960	454	1,581	900	1,310	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Buybacks	n/a	0.0	0.0	1,000	500	493	507	500	752	750	749	1,093	838	807	1,010	877	1,095	1,088	1,051	712
Shares outstanding	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	631m	626m	621m	616m	609m	603m	599m	597m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 June 2026, filed 6 August 2026: the filing.