ABNB

Airbnb, Inc.

Ticker: ABNBTechnologyBusiness Services & SoftwareS&P 500
HQ SAN FRANCISCO, CACIK 1559720FY end 12-31Book / share $12.96Shares 602M
Revenue (FY)
$12.24B+10.26%
TTM $13.16B
Op. margin
20.78%-2.21%
TTM 20.81%
Net income
$2.51B-5.17%
TTM $2.69B
Operating cash
$4.65B+2.83%
TTM $4.86B
Free cash flow
$4.65B+2.83%
TTM $4.86B
Return on equity
30.63%-0.85%
TTM 34.50%
Debt / equity
0.24+0.01%
TTM 0.32
Shares outstanding
623.0M-3.41%
TTM 602.0M

The business

Airbnb, Inc. (NASDAQ: ABNB) operates a global marketplace connecting guests with stays, experiences, and services across more than 220 countries and regions through its website at www.airbnb.com. Founded in 2007, the company has grown to facilitate connections between over 5 million hosts and more than 2.5 billion guest arrivals since inception.

The platform serves as a two-sided marketplace where hosts list residential properties, experiences, and services while guests discover and book accommodations and activities. Airbnb's core offerings include short-term rental accommodations, curated experiences, and services launched in May 2025. The company generates revenue primarily through service fees charged to guests and hosts for transactions completed on its platform. International operations represent a significant portion of the business, with 61 percent of revenue generated from listings outside the United States.

Airbnb operates with approximately 8,200 employees as of December 31, 2025, supplemented by a global network of approximately 13,000 third-party workers who support community support functions. The company maintains a "Live and Work Anywhere" policy enabling most employees to work remotely, supporting talent acquisition across diverse geographies.

The company's technology platform powers the marketplace through a microservices architecture incorporating artificial intelligence and machine learning capabilities for fraud detection, personalized listing matching, and customer support. Key platform features include secure global payments supporting approximately 20 local payment methods, multilingual community support, and advanced business intelligence tools for hosts.

Airbnb's trust and safety system includes host and guest reviews, account protection, background checks in certain jurisdictions, fraud prevention, insurance protections through AirCover for Hosts and AirCover for Guests, and a 24/7 neighborhood support line. The company competes with online travel agencies, hotel chains, property management companies, and experience platforms. Its intellectual property portfolio includes patents, trademarks for AIRBNB and the Bélo logo, and domain names across multiple jurisdictions. The business experiences seasonal fluctuations reflecting global travel patterns, with peak demand in the first, second, and third quarters.

Sector
Technology
Industry
Business Services & Software
HQ
SAN FRANCISCO, CA
FY end
12-31
CIK
1559720
SIC
7340
Financial performance · annual
20212025
$-1.70B$2.35B$6.40B$10.46B$14.51B20212022202320242025TTMTTMTTM

Ownership

Who holds Airbnb, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

872
funds hold it
4 of 35
superinvestors hold it
$19.69B
fund-held value
33.3%
of shares held by funds
3
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.08%$1.80B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.09%$1.55B
Invesco QQQ Trust, Series 1
QQQ
0.26%$1.27B
iShares Core S&P 500 ETF
IVV · iShares Trust
0.09%$822.66M
State Street(R) SPDR(R) S&P 500(R) ETF Trust
SPY
0.09%$724.78M

Superinvestors in Airbnb, Inc.

Bill NygrenDECREASED -1.6%
Harris Associates (Oakmark)
3.6%
Polen CapitalDECREASED -27.4%
Polen Capital Management
2.0%
Chuck AkreDECREASED -41.8%
Akre Capital Management
3.3%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 3 issues of Airbnb, Inc.'s debt, $797.97M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 4.81%, maturing 20292036.

IssueCouponMaturesFundsFund-held
Airbnb, Inc.5.250%2036-03-16128$325.90M
Airbnb Inc4.400%2029-03-16109$261.56M
AIRBNB INC4.650%2031-03-16136$210.51M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of Airbnb, Inc.'s financials

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