Airbnb, Inc.
airbnb.comWhat Do They Do?
Connects guests with hosts offering stays, experiences, and services through an online marketplace.
10-K for FY2025, filed Feb 12, 2026Airbnb was founded in 2007 when two hosts welcomed three guests to their San Francisco home, and has since grown into a global community of…View ↗
How Do They Make Money?
Guests pay Airbnb for a booking, and Airbnb passes the booking amount to the host after check-in, less the host’s service fee. Airbnb charges service fees to guests and hosts under the split-fee model, or only to hosts under the single-fee model, and earns those fees when the guest checks in.
10-K for FY2025, filed Feb 12, 2026The Company generates substantially all of its revenue from facilitating guest stays at accommodations offered by hosts on its platform.…View ↗
Historically, the Company operated only under a split-fee structure, charging service fees as a percentage of the booking amount to both…View ↗
The Company presents revenue net, as an agent, because it does not control the right to use the properties either before or after…View ↗
$12.2B
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10-K for FY2025, filed Feb 12, 2026
$12.2B ↗
Who Are Their Customers?
Guests use Airbnb’s website and app to find and book stays, experiences, and services; hosts use its tools to set up and manage listings.
10-K for FY2025, filed Feb 12, 2026
Do Revenues Turn Into Profits?
Yes. It kept 21 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Feb 12, 2026
How Are They Changing?
Growing. Revenue grew 2.0x in 4 years, from $6B in FY2021 to $12.2B in FY2025, about 20% a year.
Expanded offerings
The latest report adds services and redesigned experiences to the platform; the older report described homes and experiences.
10-K for FY2022, filed Feb 17, 2023 10-K for FY2025, filed Feb 12, 2026Our website and mobile apps provide our guests with an engaging way to explore a wide variety of unique homes and experiences and an easy…View ↗
Airbnb was founded in 2007 when two hosts welcomed three guests to their San Francisco home, and has since grown into a global community of…View ↗
Who Do They Compete With?
Competes with Booking Holdings, Expedia Group, Trip.com Group, Google, Marriott, Hilton, Accor, Wyndham, Viator, GetYourGuide, and Klook
10-K for FY2025, filed Feb 12, 2026online travel agencies (“OTAs”), such as Booking Holdings (including the brand Booking.com), Expedia Group (including the brands Expedia…View ↗
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