ABNB

Company financials

Airbnb

Consumer Discretionary Hotels, Resorts & Cruise Lines San Francisco, California Last filing Feb 12, 2026 · FY2025

                    Revenue
                    FY2025
                
$12.2B
                    3y CAGR +13.4%
                    
                    P84
                    
                    +10.3%
                    
                    Net income
                    FY2025
                
$2.5B
                    Net margin +20.5%
                    
                    P96
                    
                    -5.2%
                    
                    Total assets
                    FY2025
                
$22.2B
                    ROA +11.3%
                    
                    P66
                    
                    +6.0%
                    
                    Operating cash flow
                    FY2025
                
$4.6B
                    
                    +2.8%

7 yrs · FY2019–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y

Dollars % of revenue % of assets YoY % CAGR

Year-over-year change per cell; first column has no prior.

Balance Sheet

Assets, liabilities, and equity

22 accounts · 5 years

Total assets $22.2B

Total liabilities $14.0B

Shareholders equity $8.2B

Account	2025	2024	2023	2022	2021
Assets
Cash and Cash Equivalents	-4.4%	-0.1%	-6.8%	+21.6%	—
Short Term Investments	+18.9%	+17.2%	+42.5%	-0.5%	—
Prepaid Expenses	+29.2%	+12.1%	+24.8%	+30.7%	—
Other Current Assets	+17.3%	+1.1%	+22.7%	+28.7%	—
Total Current Assets	+9.4%	+4.1%	+11.1%	+20.0%	—
Intangible Assets	-0.9%	-1.9%	+15.8%	+1215.4%	—
Deferred Tax Assets	-13.8%	-15.3%	+17906.2%	—	—
Other Noncurrent Assets	-4.3%	+21.6%	-2.9%	+153.7%	—
Total Assets	+6.0%	+1.5%	+28.7%	+17.0%	—
Liabilities
Accounts Payable	+12.8%	-1.5%	+31.8%	+1605.9%	—
Deferred Revenue	+15.3%	+3.4%	+22.3%	+29.1%	—
Current Portion of Long Term Debt	—	—	—	—	—
Total Current Liabilities	+34.3%	+2.1%	+24.7%	+25.5%	—
Long Term Debt	-100.0%	+0.2%	+0.2%	+0.2%	—
Other Noncurrent Liabilities	-7.9%	-27.5%	—	—	—
Total Liabilities	+11.7%	+0.5%	+19.1%	+17.3%	—
Equity
Common Stock	—	—	—	—	—
Additional Paid In Capital	+9.2%	+8.3%	+0.7%	+3.7%	—
Retained Earnings	-30.2%	-23.4%	+42.6%	+6.2%	—
Accumulated Other Comprehensive Income	-277.1%	+171.4%	-53.1%	-357.1%	—
Total Stockholders Equity	-2.5%	+3.0%	+46.9%	+16.4%	—
Total Liabilitiesand Equity	+6.0%	+1.5%	+28.7%	+17.0%	—

Income Statement

Revenue, expense, and profitability

13 accounts · 5 years

Revenue $12.2B

Operating income $2.5B

Net income $2.5B

Account	2025	2024	2023	2022	2021
IncomeStatement
Revenues Total Revenue	+10.3%	+11.9%	+18.1%	+40.2%	—
Expenses Cost of Revenue	+11.1%	+10.3%	+13.6%	+29.7%	—
Expenses Research and Development	+14.5%	+19.4%	+14.6%	+5.4%	—
Expenses Selling,General and Administrative	+17.9%	-12.0%	+53.6%	+22.0%	—
Expenses Other Operating Expenses	+3.5%	+8.1%	+13.9%	+22.9%	—
Other Income Expense Operating Income	-0.4%	+68.2%	-15.8%	+320.0%	—
Other Income Expense Interest Income	-13.8%	+13.5%	+287.6%	+1330.8%	—
Other Income Expense Other Income/expense	-180.0%	+70.8%	-13800.0%	+100.3%	—
Other Income Expense Income Before Tax	-5.8%	+58.5%	+5.7%	+763.0%	—
Income Tax Income Tax Expense	-8.3%	+125.4%	-2902.1%	+84.6%	—
net Income net Income	-5.2%	-44.7%	+153.1%	+637.8%	—
net Income Comprehensive Income	-11.6%	-42.8%	+155.6%	+616.6%	—
Earnings Per Share Weighted Average Shares Diluted	-3.4%	-2.6%	-2.6%	+10.4%	—

Cash Flow Statement

Operating, investing, and financing flows

17 accounts · 5 years

Operating cash flow $4.6B

Investing cash flow $-748.0M

Financing cash flow $-3.8B

Account	2025	2024	2023	2022	2021
CashFlow
Operating Activities net Income	-5.2%	-44.7%	+153.1%	+637.8%	—
Operating Activities Stock Based Compensation	+13.1%	+25.6%	+20.4%	+3.4%	—
Operating Activities Deferred Income Taxes	-13.2%	+115.1%	-287400.0%	-109.1%	—
Operating Activities Changes In Operating Assets and Liabilities	-58.2%	-109.3%	+125.7%	-58.1%	—
Operating Activities Other Non Cash Items	+181.4%	-23.6%	-38.9%	-75.7%	—
Operating Activities net Cash From Operating Activities	+2.8%	+16.3%	+13.2%	+48.3%	—
Investing Activities Purchases of Investments	-9.3%	+4.9%	+18.8%	+17.5%	—
Investing Activities Proceeds From Sale of Investments	+5.0%	+9.5%	-41.5%	+12.7%	—
Investing Activities Other Investing Activities	+38.7%	+34.2%	-322.2%	-8.0%	—
Investing Activities net Cash From Investing Activities	-21.4%	+40.9%	-3621.4%	+97.9%	—
Financing Activities Repurchase of Common Stock	-10.5%	-52.3%	-50.1%	—	—
Financing Activities Proceeds From Stock Issuance	-27.4%	+52.7%	+25.0%	-53.4%	—
Financing Activities Tax Withholding On Stock Based Compensation	+11.0%	+48.5%	-101.6%	-242.9%	—
Financing Activities Other Financing Activities	+25.3%	-65.8%	-29.6%	-12.8%	—
Financing Activities net Cash From Financing Activities	-7.1%	-47.0%	-252.7%	-152.7%	—
Cash Reconciliation Effect of Exchange Rate On Cash	+376.4%	-255.9%	+145.1%	-60.5%	—
Cash Reconciliation net Change In Cash	+680.6%	-83.5%	-76.3%	+15.4%	—

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 5 years

Ratio	2025	2024	2023	2022	2021
Profitability
Gross margin	+83.0%	+83.1%	+82.8%	+82.2%	+80.7%
Operating margin	+20.8%	+23.0%	+15.3%	+21.5%	+7.2%
Net margin	+20.5%	+23.9%	+48.3%	+22.5%	-5.9%
FCF margin	—	—	—	—	—
Growth
Revenue CAGR (3y)	+13.4%	+22.8%	+43.2%	+20.5%	—
Returns
ROE	+30.6%	+31.5%	+58.7%	+34.0%	-7.4%
ROA	+11.3%	+12.6%	+23.2%	+11.8%	-2.6%
ROIC	+56.0%	+57.3%	+46.3%	+1014.8%	+62.1%
Liquidity
Current ratio	1.38x	1.69x	1.66x	1.86x	1.95x
Quick ratio	—	—	—	—	—
Leverage
D/E	1.71x	1.49x	1.53x	1.88x	1.87x
Interest coverage	—	—	—	—	0.98x
Efficiency
Asset turnover	0.55x	0.53x	0.48x	0.52x	0.44x
Cash conversion cycle	—	—	—	—	—

Valuation

Price against fundamentals

ABNB $121 · 2025-09-30 · 396d old · FY2025

Market cap $75.6B

P/E 30.13x

P/S 6.18x

P/B 9.23x

EV $71.1B

EV/EBITDA —

FCF yield —

Dividend yield —

Notes

Your annotations

Not watched

Airbnb

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history