Airbnb Inc (ABNB)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 9,224,000 | 8,956,000 | 8,627,000 | 8,437,000 | 8,182,000 | 7,974,800 | 7,520,060 | 7,182,060 | 6,906,520 | 6,548,880 | 5,992,370 | 5,319,140 | 4,437,704 |
| Revenue (ttm) | US$ in thousands | 11,102,000 | 10,791,000 | 10,456,000 | 10,192,000 | 9,885,000 | 9,638,930 | 9,126,340 | 8,746,450 | 8,405,530 | 7,998,080 | 7,352,000 | 6,583,090 | 5,593,549 |
| Gross profit margin | 83.08% | 83.00% | 82.51% | 82.78% | 82.77% | 82.74% | 82.40% | 82.11% | 82.17% | 81.88% | 81.51% | 80.80% | 79.34% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $9,224,000K ÷ $11,102,000K
= 83.08%
The gross profit margin of Airbnb Inc has shown a steady increasing trend from December 31, 2021, to December 31, 2024. The margin has consistently improved, starting at 79.34% in December 2021 and reaching 83.08% by December 31, 2024. This indicates the company's ability to efficiently generate profits from its core business activities after deducting the cost of goods sold.
Throughout the period, there are fluctuations in the gross profit margin, with some quarters showing small decreases followed by increases. Notably, the highest gross profit margin was recorded on December 31, 2024, at 83.08%. This upward trend signifies that Airbnb Inc has been effectively managing its production costs and increasing revenue streams, leading to improved profitability over time.
Overall, the consistent improvement in the gross profit margin demonstrates Airbnb Inc's focus on operational efficiency and effective cost management, which is crucial for sustainable business growth and financial performance.
Peer comparison
Dec 31, 2024