ABNB · 8-K · 20260806PR337928

Operating Expense Trends

Airbnb, Inc. · 2026-08-06 · Importance 52 · Surprise 30 · No source text

Q2 2026 cost of revenue increased 16% to $633 million from $544 million, while operations and support expense increased 9% to $361 million. Product development expense rose 10% to $672 million, and sales and marketing expense increased 27% to $875 million. General and administrative expense was broadly stable at $309 million versus $307 million. Stock-based compensation increased to $897 million from $782 million, including $561 million in product development and $151 million in general and administrative expense.

Key facts

• Q2 2026 consolidated statement: Revenue $3,608M, Costs and expenses total $2,850M, Income from operations $758M source
• Q2 2026 stock-based compensation expense for three months ended June 30, 2026: $897 million (total across categories) source
• Q2 2026 product development expense: $672 million for the quarter source
• Q2 2026 customer support related cost per booking declined approximately 16% year-over-year source
• Purchases of property and equipment for the three months ended Jun 30, 2024: $(8) million. source
• Purchases of property and equipment for the three months ended Sept 30, 2024: $(4) million. source
• Purchases of property and equipment for the three months ended Dec 31, 2024: $(8) million. source
• Purchases of property and equipment for the three months ended Mar 31, 2025: $(8) million. source

Impact estimates