Company / R&D Expense
Airbnb R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.4B
FY2025
5-year range
$1.4B / $2.4B
FY2021-FY2025
Trend
+14.5%
vs FY2024
Sector context
#3 of 52
Consumer Discretionary
What the data says
Among 52 Consumer Discretionary companies, Airbnb is in the top 6% for r&d expense. R&D Expense has increased for 4 consecutive years, from $1.4B in FY2021 to $2.4B in FY2025.
Based on SEC 10-K filings.
$2.4B in FY2025 with a 5-year CAGR of -3.1%. Ranks 3rd among 52 companies in Consumer Discretionary.
Improved from $1.7B to $2.4B over the past 2 years.
Consumer Discretionary sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +16.2%
- 5-Year CAGR
- -3.1%
- 10-Year CAGR
- -
Sector benchmark
Top 6% in Consumer DiscretionaryTop 6% of 52This company $2.4B Sector average $641.6M
▼
+266.9% above sector average
Key checks
Key Insights
- Airbnb's r&d expense has grown for 4 consecutive years.
- 5-year CAGR of -3.1%, indicating a declining trend.
- In FY2025, r&d expense increased 14.5% year-over-year.
- Ranks #3 out of 52 companies in the Consumer Discretionary sector.
Company context
Key Data Points
- Altman Z-Score 1.11 (distress zone, below 1.8 threshold)
- Strong profit margin: 22.0%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 30.6%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.4B | +14.5% |
| FY2024 | $2.1B | +19.4% |
| FY2023 | $1.7B | +14.6% |
| FY2022 | $1.5B | +5.4% |
| FY2021 | $1.4B | -48.2% |
| FY2020 | $2.8B | +181.9% |
| FY2019 | $976.7M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026