Airbnb Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2017 - 2019
Net Income	2,631	2,648	4,792	1,893	-352	-4,585	Upgrade
Depreciation & Amortization	56	31	31	53	72	103.5	Upgrade
Other Amortization	34	34	13	28	66	22.5	Upgrade
Asset Writedown & Restructuring Costs	-	-	-	91	113	36	Upgrade
Loss (Gain) From Sale of Investments	-	-	-	-	-	113	Upgrade
Stock-Based Compensation	1,549	1,407	1,120	930	899	3,003	Upgrade
Provision & Write-off of Bad Debts	-	-	-	-	-	108	Upgrade
Other Operating Activities	589	465	-2,792	116	754	854	Upgrade
Change in Accounts Payable	-	-	-	-	-	-73	Upgrade
Change in Unearned Revenue	165	200	242	280	496	-267	Upgrade
Change in Other Net Operating Assets	-438	-267	478	39	265	-55	Upgrade
Operating Cash Flow	4,586	4,518	3,884	3,430	2,313	-740	Upgrade
Operating Cash Flow Growth	11.45%	16.32%	13.24%	48.29%	-	-	Upgrade
Capital Expenditures	-	-	-	-	-	-37	Upgrade
Investment in Securities	-579	-541	-928	-1	-1,327	125	Upgrade
Other Investing Activities	-89	-75	-114	-27	-25	-8	Upgrade
Investing Cash Flow	-668	-616	-1,042	-28	-1,352	80	Upgrade
Long-Term Debt Issued	-	-	-	-	1,979	1,929	Upgrade
Long-Term Debt Repaid	-	-	-	-	-1,995	-5	Upgrade
Net Debt Issued (Repaid)	-	-	-	-	-16	1,924	Upgrade
Issuance of Common Stock	139	168	110	88	189	3,666	Upgrade
Repurchase of Common Stock	-4,171	-4,060	-3,476	-2,107	-177	-1,527	Upgrade
Other Financing Activities	325	320	936	1,330	1,312	-1,012	Upgrade
Financing Cash Flow	-3,707	-3,572	-2,430	-689	1,308	3,051	Upgrade
Foreign Exchange Rate Adjustments	304	-237	152	-337	-210	134	Upgrade
Net Cash Flow	515	93	564	2,376	2,059	2,525	Upgrade
Free Cash Flow	4,586	4,518	3,884	3,430	2,313	-777	Upgrade
Free Cash Flow Growth	11.45%	16.32%	13.24%	48.29%	-	-	Upgrade
Free Cash Flow Margin	38.40%	40.70%	39.16%	40.84%	38.60%	-23.00%	Upgrade
Free Cash Flow Per Share	7.30	7.00	5.87	5.04	3.75	-2.74	Upgrade
Cash Interest Paid	2	2	55	8	50	130	Upgrade
Cash Income Tax Paid	228	350	132	68	17	15	Upgrade
Levered Free Cash Flow	3,234	3,146	2,884	2,642	802.69	1,658	Upgrade
Unlevered Free Cash Flow	3,234	3,146	2,884	2,642	1,076	1,765	Upgrade
Change in Working Capital	-273	-67	720	319	761	-395	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.