Airbnb Cash Flow 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
Net Income	2,511	2,648	4,792	1,893	-352
Depreciation & Amortization	30	31	18	53	72
Other Amortization	61	34	13	28	66
Asset Writedown & Restructuring Costs	-	-	-	91	113
Stock-Based Compensation	1,592	1,407	1,120	930	899
Other Operating Activities	558	465	-2,779	116	754
Change in Unearned Revenue	122	200	242	280	496
Change in Other Net Operating Assets	-228	-267	478	39	265
Operating Cash Flow	4,646	4,518	3,884	3,430	2,313
Operating Cash Flow Growth	2.83%	16.32%	13.24%	48.29%	-
Investment in Securities	-702	-541	-928	-1	-1,327
Other Investing Activities	-46	-75	-114	-27	-25
Investing Cash Flow	-748	-616	-1,042	-28	-1,352
Long-Term Debt Issued	-	-	-	-	1,979
Long-Term Debt Repaid	-	-	-	-	-1,995
Net Debt Issued (Repaid)	-	-	-	-	-16
Issuance of Common Stock	122	168	110	88	189
Repurchase of Common Stock	-4,350	-4,060	-3,476	-2,107	-177
Other Financing Activities	401	320	936	1,330	1,312
Financing Cash Flow	-3,827	-3,572	-2,430	-689	1,308
Foreign Exchange Rate Adjustments	655	-237	152	-337	-210
Net Cash Flow	726	93	564	2,376	2,059
Free Cash Flow	4,646	4,518	3,884	3,430	2,313
Free Cash Flow Growth	2.83%	16.32%	13.24%	48.29%	-
Free Cash Flow Margin	37.95%	40.70%	39.16%	40.84%	38.60%
Free Cash Flow Per Share	7.46	7.00	5.87	5.04	3.75
Cash Interest Paid	2	2	55	8	50
Cash Income Tax Paid	232	350	132	68	17
Levered Free Cash Flow	3,543	3,146	2,871	2,642	802.69
Unlevered Free Cash Flow	3,543	3,146	2,871	2,642	1,076
Change in Working Capital	-106	-67	720	319	761

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