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Side-by-side financial comparison of Airbnb (ABNB) and BeOne Medicines Ltd. (ONC). Click either name above to swap in a different company.

Airbnb is the larger business by last-quarter revenue ($2.8B vs $1.5B, roughly 1.9× BeOne Medicines Ltd.). Airbnb runs the higher net margin — 12.3% vs 4.4%, a 7.8% gap on every dollar of revenue. On growth, BeOne Medicines Ltd. posted the faster year-over-year revenue change (32.8% vs 12.0%). Over the past eight quarters, BeOne Medicines Ltd.'s revenue compounded faster (41.2% CAGR vs 13.9%).

Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, or vacation homes. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered ...

BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.

ABNB vs ONC — Head-to-Head

Bigger by revenue
ABNB
ABNB
1.9× larger
ABNB
$2.8B
$1.5B
ONC
Growing faster (revenue YoY)
ONC
ONC
+20.8% gap
ONC
32.8%
12.0%
ABNB
Higher net margin
ABNB
ABNB
7.8% more per $
ABNB
12.3%
4.4%
ONC
Faster 2-yr revenue CAGR
ONC
ONC
Annualised
ONC
41.2%
13.9%
ABNB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABNB
ABNB
ONC
ONC
Revenue
$2.8B
$1.5B
Net Profit
$341.0M
$66.5M
Gross Margin
82.5%
90.5%
Operating Margin
9.7%
12.4%
Net Margin
12.3%
4.4%
Revenue YoY
12.0%
32.8%
Net Profit YoY
-26.0%
143.8%
EPS (diluted)
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABNB
ABNB
ONC
ONC
Q4 25
$2.8B
$1.5B
Q3 25
$4.1B
$1.4B
Q2 25
$3.1B
$1.3B
Q1 25
$2.3B
$1.1B
Q4 24
$2.5B
$1.1B
Q3 24
$3.7B
$1.0B
Q2 24
$2.7B
$929.2M
Q1 24
$2.1B
$751.7M
Net Profit
ABNB
ABNB
ONC
ONC
Q4 25
$341.0M
$66.5M
Q3 25
$1.4B
$124.8M
Q2 25
$642.0M
$94.3M
Q1 25
$154.0M
$1.3M
Q4 24
$461.0M
$-151.9M
Q3 24
$1.4B
$-121.3M
Q2 24
$555.0M
$-120.4M
Q1 24
$264.0M
$-251.2M
Gross Margin
ABNB
ABNB
ONC
ONC
Q4 25
82.5%
90.5%
Q3 25
86.6%
86.1%
Q2 25
82.4%
87.5%
Q1 25
77.7%
85.2%
Q4 24
82.8%
85.8%
Q3 24
87.5%
83.0%
Q2 24
81.6%
85.1%
Q1 24
77.6%
83.4%
Operating Margin
ABNB
ABNB
ONC
ONC
Q4 25
9.7%
12.4%
Q3 25
39.7%
11.5%
Q2 25
19.8%
6.7%
Q1 25
1.7%
1.0%
Q4 24
17.3%
-7.0%
Q3 24
40.9%
-12.0%
Q2 24
18.1%
-11.5%
Q1 24
4.7%
-34.8%
Net Margin
ABNB
ABNB
ONC
ONC
Q4 25
12.3%
4.4%
Q3 25
33.6%
8.8%
Q2 25
20.7%
7.2%
Q1 25
6.8%
0.1%
Q4 24
18.6%
-13.5%
Q3 24
36.7%
-12.1%
Q2 24
20.2%
-13.0%
Q1 24
12.3%
-33.4%
EPS (diluted)
ABNB
ABNB
ONC
ONC
Q4 25
$0.05
Q3 25
$0.08
Q2 25
$0.06
Q1 25
$0.00
Q4 24
$-0.10
Q3 24
$-0.09
Q2 24
$-0.09
Q1 24
$-0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABNB
ABNB
ONC
ONC
Cash + ST InvestmentsLiquidity on hand
$11.0B
$4.5B
Total DebtLower is stronger
$836.4M
Stockholders' EquityBook value
$8.2B
$4.4B
Total Assets
$22.2B
$8.2B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABNB
ABNB
ONC
ONC
Q4 25
$11.0B
$4.5B
Q3 25
$11.7B
$4.0B
Q2 25
$11.4B
$2.8B
Q1 25
$11.5B
$2.5B
Q4 24
$10.6B
$2.6B
Q3 24
$11.3B
$2.7B
Q2 24
$11.3B
$2.6B
Q1 24
$11.1B
$2.8B
Total Debt
ABNB
ABNB
ONC
ONC
Q4 25
$836.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ABNB
ABNB
ONC
ONC
Q4 25
$8.2B
$4.4B
Q3 25
$8.6B
$4.1B
Q2 25
$7.8B
$3.8B
Q1 25
$7.9B
$3.5B
Q4 24
$8.4B
$3.3B
Q3 24
$8.5B
$3.4B
Q2 24
$8.0B
$3.4B
Q1 24
$7.9B
$3.4B
Total Assets
ABNB
ABNB
ONC
ONC
Q4 25
$22.2B
$8.2B
Q3 25
$23.1B
$7.6B
Q2 25
$27.0B
$6.3B
Q1 25
$25.1B
$5.8B
Q4 24
$21.0B
$5.9B
Q3 24
$22.2B
$5.8B
Q2 24
$26.3B
$5.7B
Q1 24
$24.5B
$5.7B
Debt / Equity
ABNB
ABNB
ONC
ONC
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABNB
ABNB
ONC
ONC
Operating Cash FlowLast quarter
$526.0M
$417.3M
Free Cash FlowOCF − Capex
$379.8M
FCF MarginFCF / Revenue
25.4%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
1.54×
6.28×
TTM Free Cash FlowTrailing 4 quarters
$941.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABNB
ABNB
ONC
ONC
Q4 25
$526.0M
$417.3M
Q3 25
$1.4B
$402.6M
Q2 25
$975.0M
$263.6M
Q1 25
$1.8B
$44.1M
Q4 24
$466.0M
$75.2M
Q3 24
$1.1B
$188.4M
Q2 24
$1.1B
$-95.6M
Q1 24
$1.9B
$-308.6M
Free Cash Flow
ABNB
ABNB
ONC
ONC
Q4 25
$379.8M
Q3 25
$354.5M
Q2 25
$219.8M
Q1 25
$-12.3M
Q4 24
$-17.3M
Q3 24
$54.7M
Q2 24
$-205.5M
Q1 24
$-465.1M
FCF Margin
ABNB
ABNB
ONC
ONC
Q4 25
25.4%
Q3 25
25.1%
Q2 25
16.7%
Q1 25
-1.1%
Q4 24
-1.5%
Q3 24
5.5%
Q2 24
-22.1%
Q1 24
-61.9%
Capex Intensity
ABNB
ABNB
ONC
ONC
Q4 25
2.5%
Q3 25
3.4%
Q2 25
3.3%
Q1 25
5.0%
Q4 24
8.2%
Q3 24
13.3%
Q2 24
11.8%
Q1 24
20.8%
Cash Conversion
ABNB
ABNB
ONC
ONC
Q4 25
1.54×
6.28×
Q3 25
0.99×
3.22×
Q2 25
1.52×
2.79×
Q1 25
11.62×
34.71×
Q4 24
1.01×
Q3 24
0.79×
Q2 24
1.89×
Q1 24
7.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABNB
ABNB

North America$1.1B41%
EMEA$930.0M33%
Latin America$351.0M13%
Other$351.0M13%

ONC
ONC

Segment breakdown not available.

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