Airbnb, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $12.2B | $11.1B | $9.9B | $8.4B | $6.0B |
| Cost of revenue | $2.1B | $1.9B | $1.7B | $1.5B | $1.2B |
| Research and development | $2.4B | $2.1B | $1.7B | $1.5B | $1.4B |
| Operating income | $2.5B | $2.6B | $1.5B | $1.8B | $429.0M |
| Pretax income | $3.1B | $3.3B | $2.1B | $2.0B | -$300.0M |
| Income tax expense | $626.0M | $683.0M | -$2.7B | $96.0M | $52.0M |
| Net income | $2.5B | $2.6B | $4.8B | $1.9B | -$352.0M |
| Balance Sheet | |||||
| Cash and equivalents | $6.6B | $6.9B | $6.9B | $7.4B | $6.1B |
| Current assets | $18.8B | $17.2B | $16.5B | $14.9B | $12.4B |
| Total assets | $22.2B | $21.0B | $20.6B | $16.0B | $13.7B |
| Current liabilities | $13.6B | $10.2B | $9.9B | $8.0B | $6.4B |
| Total liabilities | $14.0B | $12.5B | $12.5B | $10.5B | $8.9B |
| Total debt | — | — | — | — | $2.0B |
| Stockholders' equity | $8.2B | $8.4B | $8.2B | $5.6B | $4.8B |
| Cash Flow Statement | |||||
| Cash from operations | $4.6B | $4.5B | $3.9B | $3.4B | $2.3B |
| Depreciation and amortization | $17.0M | $16.0M | $18.0M | $42.6M | $85.6M |
| Stock-based compensation | $1.6B | $1.4B | $1.1B | $930.0M | $899.0M |
| Capital expenditure | — | — | — | $25.0M | $25.0M |
| Free cash flow | — | — | — | $3.4B | $2.3B |
| Share repurchases | $3.8B | $3.4B | $2.3B | $1.5B | $0 |
| Impairments | $0 | $0 | $0 | $91.0M | $113.0M |
Shares outstanding 602.7M · Free float 40.4%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.