Airbnb Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,241	11,102	9,917	8,399	5,992
Revenue Growth (YoY)	10.26%	11.95%	18.07%	40.17%	77.38%
Cost of Revenue	2,086	1,878	1,703	1,499	1,156
Gross Profit	10,155	9,224	8,214	6,900	4,836
Selling, General & Admin	4,952	4,378	4,080	3,392	2,869
Research & Development	2,354	2,056	1,722	1,502	1,425
Other Operating Expenses	305	237	894	113	-
Operating Expenses	7,611	6,671	6,696	5,007	4,294
Operating Income	2,544	2,553	1,518	1,893	542
Interest Expense	-	-	-	-	-438
Interest & Investment Income	705	818	721	186	13
Currency Exchange Gain (Loss)	-35	29	-48	29	-5
Other Non Operating Income (Expenses)	-47	-24	-89	-28	-282
EBT Excluding Unusual Items	3,167	3,376	2,102	2,080	-170
Merger & Restructuring Charges	-	-	-	-89	-113
Gain (Loss) on Sale of Investments	-30	-45	-	-	-17
Asset Writedown	-	-	-	-2	-
Pretax Income	3,137	3,331	2,102	1,989	-300
Income Tax Expense	626	683	-2,690	96	52
Net Income	2,511	2,648	4,792	1,893	-352
Net Income to Common	2,511	2,648	4,792	1,893	-352
Net Income Growth	-5.17%	-44.74%	153.14%	-	-
Shares Outstanding (Basic)	613	632	637	637	616
Shares Outstanding (Diluted)	623	645	662	680	616
Shares Change (YoY)	-3.41%	-2.57%	-2.65%	10.39%	116.90%
EPS (Basic)	4.10	4.19	7.52	2.97	-0.57
EPS (Diluted)	4.04	4.11	7.24	2.79	-0.57
EPS Growth	-1.86%	-43.23%	159.64%	-	-
Free Cash Flow	4,646	4,518	3,884	3,430	2,313
Free Cash Flow Per Share	7.46	7.00	5.87	5.04	3.75
Gross Margin	82.96%	83.08%	82.83%	82.15%	80.71%
Operating Margin	20.78%	23.00%	15.31%	22.54%	9.04%
Profit Margin	20.51%	23.85%	48.32%	22.54%	-5.87%
Free Cash Flow Margin	37.95%	40.70%	39.16%	40.84%	38.60%
EBITDA	2,574	2,584	1,536	1,946	614
EBITDA Margin	21.03%	23.28%	15.49%	23.17%	10.25%
D&A For EBITDA	30	31	18	53	72
EBIT	2,544	2,553	1,518	1,893	542
EBIT Margin	20.78%	23.00%	15.31%	22.54%	9.04%
Effective Tax Rate	19.96%	20.50%	-	4.83%	-
Advertising Expenses	843	1,100	953	786	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.