Airbnb Inc (ABNB)
Net profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,792,000 | 5,460,000 | 2,300,000 | 2,029,000 | 1,893,000 | 1,628,535 | 1,248,428 | 801,211 | -351,999 |
| Revenue (ttm) | US$ in thousands | 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 |
| Net profit margin | 48.48% | 56.65% | 25.20% | 23.20% | 22.52% | 20.36% | 16.98% | 12.17% | -6.29% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,792,000K ÷ $9,885,000K
= 48.48%
The net profit margin of Airbnb Inc has shown fluctuations over the past eight quarters, ranging from a low of 12.12% in Q1 2022 to a high of 56.87% in Q3 2023. Generally, there has been an upward trend in the net profit margin, indicating improved profitability. The company experienced a significant increase in profitability from Q1 2023 to Q3 2023, with the net profit margin jumping from 23.30% to 56.87%. This suggests improved efficiency in managing costs and generating profits during this period. It is important to continue monitoring the net profit margin to assess the company's financial health and performance over time.
Peer comparison
Dec 31, 2023