Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Airbnb.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.10B | $9.92B | $8.40B | $5.99B | $3.38B | $4.81B | $3.65B | $2.56B |
| Cost of Revenue | $1.88B | $1.70B | $1.50B | $1.16B | $876.04M | $1.20B | $864.03M | $647.69M |
| Gross Profit | $9.22B | $8.21B | $6.90B | $4.84B | $2.50B | $3.61B | $2.79B | $1.91B |
| Gross Profit Ratio | 83.08% | 82.80% | 82.15% | 80.70% | 74.07% | 75.10% | 76.34% | 74.72% |
| Research and Development Expenses | $2.06B | $1.72B | $1.50B | $1.43B | $2.75B | $976.70M | $579.19M | $400.75M |
| General and Administrative Expenses | $1.19B | $2.02B | $950.00M | $836.00M | $1.13B | $697.18M | $479.49M | $327.16M |
| Selling and Marketing Expenses | $2.15B | $1.76B | $1.52B | $1.19B | $1.18B | $1.62B | $1.10B | $871.75M |
| Selling General and Administrative Expenses | $3.33B | $3.79B | $2.47B | $2.02B | $2.31B | $2.32B | $1.58B | $1.20B |
| Other Expenses | $1.28B | $1.19B | $25.00M | $-304.00M | $-947.22M | $13.91M | $-12.36M | $6.56M |
| Operating Expenses | $6.67B | $6.70B | $5.01B | $4.29B | $5.94B | $4.11B | $2.77B | $2.00B |
| Cost and Expenses | $8.55B | $8.40B | $6.51B | $5.45B | $6.82B | $5.31B | $3.63B | $2.64B |
| Interest Income | $818.00M | $721.00M | $186.00M | $13.00M | $27.12M | $85.90M | $66.79M | $32.10M |
| Interest Expense | $- | $83.00M | $24.00M | $438.00M | $171.69M | $9.97M | $26.14M | $16.40M |
| Depreciation and Amortization | $- | $44.00M | $89.30M | $175.50M | $125.88M | $114.16M | $82.40M | $79.34M |
| EBITDA | $2.55B | $2.23B | $2.10B | $-64.36M | $-4.38B | $-287.57M | $155.58M | $36.65M |
| EBITDA Ratio | 23.00% | 22.48% | 25.99% | 6.49% | -125.30% | -5.98% | 4.26% | 1.43% |
| Operating Income | $2.55B | $1.52B | $1.80B | $429.00M | $-3.59B | $-501.54M | $18.74M | $-81.36M |
| Operating Income Ratio | 23.00% | 15.31% | 21.45% | 7.16% | -106.27% | -10.44% | 0.51% | -3.18% |
| Total Other Income Expenses Net | $778.00M | $584.00M | $187.00M | $-729.00M | $-1.09B | $89.84M | $28.29M | $22.26M |
| Income Before Tax | $3.33B | $2.10B | $1.99B | $-300.00M | $-4.68B | $-411.70M | $47.03M | $-59.10M |
| Income Before Tax Ratio | 30.00% | 21.20% | 23.68% | -5.01% | -138.59% | -8.57% | 1.29% | -2.31% |
| Income Tax Expense | $683.00M | $-2.69B | $96.00M | $52.00M | $-97.22M | $262.64M | $63.89M | $10.95M |
| Net Income | $2.65B | $4.79B | $1.89B | $-352.00M | $-4.58B | $-674.34M | $-16.86M | $-70.05M |
| Net Income Ratio | 23.85% | 48.32% | 22.54% | -5.87% | -135.71% | -14.03% | -0.46% | -2.73% |
| EPS | $4.19 | $7.52 | $2.97 | $-0.57 | $-16.12 | $-1.27 | $-0.03 | $-0.13 |
| EPS Diluted | $4.11 | $7.24 | $2.79 | $-0.57 | $-16.12 | $-1.27 | $-0.03 | $-0.13 |
| Weighted Average Shares Outstanding | 632.00M | 637.00M | 637.00M | 616.00M | 284.36M | 530.95M | 530.95M | 521.71M |
| Weighted Average Shares Outstanding Diluted | 645.00M | 662.00M | 680.00M | 616.00M | 284.36M | 530.95M | 530.95M | 521.71M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $6.86B | $6.87B | $7.38B | $6.07B | $5.48B | $2.01B | $2.14B |
| Short Term Investments | $3.75B | $3.20B | $2.24B | $2.25B | $910.70M | $1.06B | $1.19B |
| Cash and Short Term Investments | $10.61B | $10.07B | $9.62B | $8.32B | $6.39B | $3.07B | $3.33B |
| Net Receivables | $5.93B | $5.87B | $161.00M | $112.00M | $2.18B | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $638.00M | $5.92B | $720.00M | $3.95B | $343.80M | $3.49B | $240.21M |
| Total Current Assets | $17.18B | $16.51B | $14.86B | $12.39B | $8.92B | $6.56B | $5.87B |
| Property Plant Equipment Net | $- | $279.00M | $259.00M | $429.00M | $654.26M | $686.87M | $309.41M |
| Goodwill | $750.00M | $752.00M | $650.00M | $653.00M | $655.80M | $652.09M | $289.86M |
| Intangible Assets | $27.00M | $40.00M | $34.00M | $52.00M | $75.89M | $102.91M | $28.76M |
| Goodwill and Intangible Assets | $777.00M | $792.00M | $684.00M | $705.00M | $731.69M | $755.00M | $318.62M |
| Long Term Investments | $- | $95.00M | $- | $- | $- | $- | $- |
| Tax Assets | $2.44B | $2.88B | $16.00M | $- | $- | $- | $- |
| Other Non-Current Assets | $563.00M | $184.00M | $218.00M | $188.00M | $189.16M | $306.81M | $110.53M |
| Total Non-Current Assets | $3.78B | $4.14B | $1.18B | $1.32B | $1.58B | $1.75B | $738.56M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $20.96B | $20.64B | $16.04B | $13.71B | $10.49B | $8.31B | $6.61B |
| Account Payables | $142.00M | $141.00M | $137.00M | $118.00M | $79.90M | $151.42M | $70.63M |
| Short Term Debt | $63.00M | $61.00M | $118.00M | $63.00M | $83.34M | $-557.96M | $- |
| Tax Payables | $1.05B | $1.12B | $624.00M | $310.00M | $165.26M | $207.46M | $159.90M |
| Deferred Revenue | $- | $1.43B | $1.18B | $1.00B | $165.26M | $207.46M | $- |
| Other Current Liabilities | $8.90B | $7.20B | $5.92B | $5.87B | $4.81B | $4.16B | $3.51B |
| Total Current Liabilities | $10.16B | $9.95B | $7.98B | $6.36B | $5.14B | $5.23B | $3.74B |
| Long Term Debt | $2.23B | $2.24B | $2.28B | $2.35B | $2.25B | $381.37M | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $155.00M | $287.00M | $218.00M | $219.00M | $203.47M | $3.50B | $3.39B |
| Total Non-Current Liabilities | $2.39B | $2.53B | $2.50B | $2.57B | $2.45B | $3.88B | $3.39B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $12.55B | $12.48B | $10.48B | $8.93B | $7.59B | $9.12B | $7.13B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $- | $- | $63.00K | $60.00K | $26.00K | $26.00K |
| Retained Earnings | $-4.22B | $-3.42B | $-5.96B | $-6.36B | $-6.01B | $-1.42B | $-768.89M |
| Accumulated Other Comprehensive Income Loss | $35.00M | $-49.00M | $-32.00M | $-7.00M | $2.64M | $-4.41M | $-7.91M |
| Other Total Stockholders Equity | $12.60B | $11.64B | $11.56B | $11.14B | $8.90B | $617.69M | $259.47M |
| Total Stockholders Equity | $8.41B | $8.16B | $5.56B | $4.78B | $2.90B | $-807.68M | $-517.31M |
| Total Equity | $8.41B | $8.16B | $5.56B | $4.78B | $2.90B | $-807.68M | $-517.31M |
| Total Liabilities and Stockholders Equity | $20.96B | $20.64B | $16.04B | $13.71B | $10.49B | $8.31B | $6.61B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $20.96B | $20.64B | $16.04B | $13.71B | $10.49B | $8.31B | $6.61B |
| Total Investments | $3.75B | $3.20B | $2.24B | $2.25B | $910.70M | $1.06B | $1.19B |
| Total Debt | $2.29B | $2.30B | $2.34B | $2.42B | $2.33B | $419.40M | $- |
| Net Debt | $-4.57B | $-4.57B | $-5.04B | $-3.65B | $-3.15B | $-1.59B | $-2.14B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $2.65B | $4.79B | $1.89B | $-352.03M | $-4.58B | $-674.34M | $-16.86M | $-70.05M |
| Depreciation and Amortization | $65.00M | $44.00M | $81.00M | $138.32M | $125.88M | $114.16M | $82.40M | $79.34M |
| Deferred Income Tax | $433.00M | $-2.88B | $-1.00M | $10.94M | $-19.60M | $-5.63M | $-5.02M | $-4.18M |
| Stock Based Compensation | $1.41B | $1.12B | $930.00M | $899.00M | $3.00B | $97.55M | $53.89M | $38.36M |
| Change in Working Capital | $-67.00M | $720.00M | $319.00M | $637.92M | $-284.61M | $620.38M | $421.03M | $183.20M |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $20.00M | $39.95M | $-73.11M | $75.72M | $29.84M | $11.76M |
| Other Working Capital | $-67.00M | $720.00M | $299.00M | $597.98M | $-211.50M | $544.67M | $391.19M | $171.44M |
| Other Non Cash Items | $32.00M | $83.00M | $208.00M | $855.72M | $1.13B | $70.60M | $60.11M | $24.55M |
| Net Cash Provided by Operating Activities | $4.52B | $3.88B | $3.43B | $2.19B | $-629.73M | $222.73M | $595.56M | $251.22M |
| Investments in Property Plant and Equipment | $- | $- | $-25.00M | $-25.32M | $-37.37M | $-125.45M | $-90.62M | $-100.20M |
| Acquisitions Net | $- | $- | $- | $- | $- | $-400.30M | $-60.15M | $-176.65M |
| Purchases of Investments | $-3.15B | $-3.31B | $-4.07B | $-4.94B | $-3.03B | $-1.02B | $-1.27B | $-1.04B |
| Sales Maturities of Investments | $2.60B | $2.38B | $4.07B | $3.61B | $3.16B | $1.16B | $756.47M | $528.15M |
| Other Investing Activities | $-75.00M | $-114.00M | $-2.00M | $500.00K | $-8.60M | $33.66M | $-3.29M | $-516.09M |
| Net Cash Used for Investing Activities | $-616.00M | $-1.04B | $-28.00M | $-1.35B | $79.59M | $-347.15M | $-668.17M | $-788.94M |
| Debt Repayment | $- | $- | $- | $-328.92M | $1.92B | $- | $- | $4.84M |
| Common Stock Issued | $- | $- | $- | $- | $3.65B | $5.87M | $16.04M | $50.87M |
| Common Stock Repurchased | $-3.43B | $-2.25B | $-1.50B | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-142.00M | $-178.00M | $811.00M | $1.57B | $-2.63B | $854.58M | $140.52M | $668.11M |
| Net Cash Used Provided by Financing Activities | $-3.57B | $-2.43B | $-689.00M | $1.43B | $2.94B | $854.58M | $140.52M | $672.95M |
| Effect of Forex Changes on Cash | $-237.00M | $152.00M | $-337.00M | $-209.86M | $134.14M | $-25.28M | $-158.92M | $227.17M |
| Net Change in Cash | $93.00M | $564.00M | $2.38B | $2.06B | $2.52B | $704.87M | $-91.02M | $362.41M |
| Cash at End of Period | $12.76B | $12.67B | $12.10B | $9.73B | $7.67B | $5.14B | $4.44B | $4.53B |
| Cash at Beginning of Period | $12.67B | $12.10B | $9.73B | $7.67B | $5.14B | $4.44B | $4.53B | $4.17B |
| Operating Cash Flow | $4.52B | $3.88B | $3.43B | $2.19B | $-629.73M | $222.73M | $595.56M | $251.22M |
| Capital Expenditure | $- | $- | $-25.00M | $-25.32M | $-37.37M | $-125.45M | $-90.62M | $-100.20M |
| Free Cash Flow | $4.52B | $3.88B | $3.40B | $2.16B | $-667.10M | $97.28M | $504.93M | $151.02M |