ABNB · Airbnb, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.68B | - | $4.09B | $3.10B | $2.27B | - | $3.73B | $2.75B | $2.14B | - |
| Cost of Revenue | $581.00M | - | $549.00M | $544.00M | $506.00M | - | $465.00M | $506.00M | $480.00M | - |
| Gross Profit | $2.10B | - | $3.55B | $2.55B | $1.77B | - | $3.27B | $2.24B | $1.66B | - |
| R&D | $638.00M | - | $587.00M | $610.00M | $568.00M | - | $524.00M | $519.00M | $475.00M | - |
| SG&A | $296.00M | - | $330.00M | $307.00M | $294.00M | - | $335.00M | $315.00M | $287.00M | - |
| Total Operating Expenses | $2.59B | - | $2.47B | $2.48B | $2.23B | - | $2.21B | $2.25B | $2.04B | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $86.00M | - | $1.63B | $612.00M | $38.00M | - | $1.52B | $497.00M | $101.00M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $121.00M | - | $418.00M | $137.00M | $19.00M | - | $367.00M | $126.00M | $29.00M | - |
| Net Income | $160.00M | - | $1.37B | $642.00M | $154.00M | - | $1.37B | $555.00M | $264.00M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.04B | $6.56B | $7.53B | $7.40B | $7.60B | $6.86B | $7.67B | $7.88B | $7.83B | $6.87B |
| Accounts Receivable | $186.00M | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $180.00M | $232.00M | $181.00M | $221.00M | $186.00M | $142.00M | $181.00M | $163.00M | $184.00M | $141.00M |
| Current Assets | $23.60B | $18.80B | $19.54B | $23.18B | $21.30B | $17.18B | $18.32B | $22.25B | $20.39B | $16.51B |
| Total Assets | $26.83B | $22.21B | $23.06B | $26.99B | $25.06B | $20.96B | $22.17B | $26.32B | $24.54B | $20.64B |
| Current Liabilities | $16.36B | $13.65B | $14.04B | $18.82B | $16.73B | $10.16B | $11.34B | $15.83B | $14.14B | $9.95B |
| Long-term Debt | $2.48B | $0 | $0 | $0 | $0 | $2.00B | $1.99B | $1.99B | $1.99B | $1.99B |
| Total Liabilities | $19.19B | $14.01B | $14.45B | $19.21B | $17.12B | $12.55B | $13.68B | $18.32B | $16.64B | $12.48B |
| Stockholders' Equity | $7.64B | $8.20B | $8.61B | $7.78B | $7.94B | $8.41B | $8.49B | $8.00B | $7.90B | $8.16B |
| Retained Earnings | ($6.40B) | ($5.50B) | ($4.75B) | ($5.26B) | ($4.88B) | ($4.22B) | ($3.84B) | ($4.11B) | ($3.91B) | ($3.42B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.71B | - | - | - | $1.79B | - | - | - | $1.92B | - |
| Investing Cash Flow | ($461.00M) | - | - | - | ($151.00M) | - | - | - | ($84.00M) | - |
| Financing Cash Flow | $2.97B | - | - | - | $2.15B | - | - | - | $2.13B | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 78.3% | - | 86.6% | 82.4% | 77.7% | - | 87.5% | 81.6% | 77.6% | - |
| Operating margin | 3.2% | - | 39.7% | 19.8% | 1.7% | - | 40.9% | 18.1% | 4.7% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 6.0% | - | 33.6% | 20.7% | 6.8% | - | 36.7% | 20.2% | 12.3% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 23.8% | - | 14.3% | 19.7% | 25.0% | - | 14.0% | 18.9% | 22.2% | - |
| SG&A / Revenue | 11.1% | - | 8.1% | 9.9% | 12.9% | - | 9.0% | 11.5% | 13.4% | - |
| Effective tax rate | 43.1% | - | 23.3% | 17.6% | 11.0% | - | 21.2% | 18.5% | 9.9% | - |
| Return on assets | 0.6% | - | 6.0% | 2.4% | 0.6% | - | 6.2% | 2.1% | 1.1% | - |
| Return on equity | 2.1% | - | 16.0% | 8.2% | 1.9% | - | 16.1% | 6.9% | 3.3% | - |
| Return on invested capital | 0.5% | - | 14.5% | 6.5% | 0.4% | - | 11.5% | 4.1% | 0.9% | - |
| Liquidity | ||||||||||
| Current ratio | 1.44 | 1.38 | 1.39 | 1.23 | 1.27 | 1.69 | 1.62 | 1.41 | 1.44 | 1.66 |
| Quick ratio | 1.44 | 1.38 | 1.39 | 1.23 | 1.27 | 1.69 | 1.62 | 1.41 | 1.44 | 1.66 |
| Cash ratio | 0.43 | 0.48 | 0.54 | 0.39 | 0.45 | 0.68 | 0.68 | 0.50 | 0.55 | 0.69 |
| Leverage | ||||||||||
| Debt / Equity | 0.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.23 | 0.25 | 0.25 | 0.24 |
| Debt / Assets | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.09 | 0.08 | 0.08 | 0.10 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 3.51 | 2.71 | 2.68 | 3.47 | 3.16 | 2.49 | 2.61 | 3.29 | 3.11 | 2.53 |
| Liabilities / Assets | 0.72 | 0.63 | 0.63 | 0.71 | 0.68 | 0.60 | 0.62 | 0.70 | 0.68 | 0.60 |
| Efficiency | ||||||||||
| Asset turnover | 0.10 | - | 0.18 | 0.11 | 0.09 | - | 0.17 | 0.10 | 0.09 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 25d | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 113d | - | 120d | 148d | 134d | - | 142d | 118d | 140d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 10.1x | - | 8.8x | 10.6x | 9.5x | - | 9.6x | 12.3x | 13.7x | - |
| P / S | 28.7x | - | 18.4x | 26.8x | 33.2x | - | 21.8x | 35.8x | 50.4x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 17.9% | - | 9.7% | 12.7% | 6.1% | - | 9.9% | 10.6% | 17.8% | - |
| Revenue CAGR (3y) | 13.8% | - | 12.4% | 13.7% | 14.6% | - | 40.6% | 101.7% | 36.5% | - |
| Revenue CAGR (5y) | 26.0% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 18.7% | - | 8.5% | 13.8% | 6.3% | - | 11.2% | 9.3% | 19.6% | - |
| Operating income growth (YoY) | 126.3% | - | 6.6% | 23.1% | -62.4% | - | 1.9% | -5.0% | - | - |
| Net income growth (YoY) | 3.9% | - | 0.4% | 15.7% | -41.7% | - | -68.7% | -14.6% | 125.6% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -3.8% | -2.5% | 1.4% | -2.7% | 0.5% | 3.0% | -7.0% | 58.2% | 49.2% | 46.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$12.24B totalReportable Segment$12.24B · 100.0%
Geographic
$24.48B totalNon Us$7.43B · 30.3%
North America$5.20B · 21.2%
US$4.81B · 19.7%
EMEA$4.73B · 19.3%
Latin America$1.16B · 4.7%
Asia Pacific$1.16B · 4.7%
Peer comparison
Same SIC group: Services-To Dwellings & Other Buildings
Comparing Airbnb against the 5 most active filers in the same SIC group.