Airbnb Inc (ABNB)

Operating 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
Operating income (ttm)	US$ in thousands	1,518,000	2,249,000	1,956,000	1,802,000	1,802,000	1,642,250	1,291,223	870,945	429,000
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
Operating profit margin		15.36%	23.33%	21.43%	20.60%	21.44%	20.53%	17.56%	13.23%	7.67%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,518,000K ÷ $9,885,000K
= 15.36%

Based on the provided data, Airbnb Inc's operating profit margin has displayed some fluctuation over the past eight quarters. In Q4 2023, the operating profit margin stood at 15.31%, showing a decrease from the previous quarter's value of 23.42%. Prior to this decline, Q2 2023 and Q1 2023 recorded operating profit margins of 21.53% and 21.71% respectively, indicating a relatively stable performance during that period.

Comparing the recent performance to the same quarter in the previous year, there was a slight decrease in Q4 2023 from 22.51% in Q4 2022. However, the performance in Q4 2023 was still above the levels seen in Q2 2022 and Q1 2022, which reported operating profit margins of 18.70% and 13.19% respectively.

Overall, the operating profit margin of Airbnb Inc has shown variability in recent quarters, with some periods of improvement and others of decline. It would be important to further analyze the factors contributing to these fluctuations to gain a deeper understanding of the company's financial performance.