Airbnb, Inc.

ABNB 10-Q · Q2 2025

ABNB Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 3,096 2,748 +12.7%
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Reportable Segment 3,096 2,748 +12.7%
Show Geography breakouts
Asia Pacific 255 207 +23.2%
EMEA 1,233 1,048 +17.7%
Latin America 231 185 +24.9%
North America 1,377 1,308 +5.3%
Cost of Revenue 544 506 +7.5%
Operations And Support Expense 332 338 -1.8%
Research & Development 610 519 +17.5%
Sales & Marketing 691 573 +20.6%
General & Administrative 307 315 -2.5%
Total Costs & Expenses 2,484 2,251 +10.4%
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Reportable Segment 2,484 2,251 +10.4%
Operating Income 612 497 +23.1%
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Reportable Segment 612 497 +23.1%
Investment Income Nonoperating 190 226 -15.9%
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Reportable Segment 190 226 -15.9%
Other Non-Operating Income (Expense) -23 -42 +45.2%
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Reportable Segment -23 -42 +45.2%
Income Before Taxes 779 681 +14.4%
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Reportable Segment 779 681 +14.4%
Income Tax Expense (Benefit) 137 126 +8.7%
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Reportable Segment 137 126 +8.7%
Net Income 642 555 +15.7%
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Reportable Segment 642 555 +15.7%
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Retained Earnings 642 555 +15.7%
Income Loss From Continuing Operations Per Basic Share 1.04 0.87 +19.5%
Income Loss From Continuing Operations Per Diluted Share 1.03 0.86 +19.8%
Wtd Avg Shares (Basic) 615 635 -3.1%
Wtd Avg Shares (Diluted) 626 649 -3.5%
Comprehensive Income 535 559 -4.3%
Other Comprehensive Income -107 4 -2775.0%
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Accumulated Other Comprehensive Income -107 4 -2775.0%
Net Income Loss Available To Common Stockholders Basic 642 555 +15.7%
Labor And Related Expense (Q)
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Reportable Segment 482 405 +19.0%
Professional And Contract Services Expense (Q)
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Reportable Segment 320 283 +13.1%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 7,402 7,882 -6.1%
Short-Term Investments 3,954 3,369 +17.4%
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Short Term Investments 3,954 3,369 +17.4%
Funds Held For Clients 11,067 10,342 +7.0%
Prepaid Expenses & Other Current Assets 757
Total Current Assets 23,180 22,252 +4.2%
Non-Current Assets
Deferred Tax Assets 2,428 2,825 -14.1%
Other Non-Current Assets 608 460 +32.2%
Total Assets 26,992 26,320 +2.6%
Property, Plant & Equipment 132 170 -22.4%
Operating Lease Right-of-Use Assets 144 103 +39.8%
Other Assets
Intangible Assets Net Including Goodwill 776 783 -0.9%
Current Liabilities
Accounts Payable And Accrued Liabilities Current 2,895 2,865 +1.0%
Contract With Customer Liability 11,067 10,342 +7.0%
Current Portion of Long-Term Debt 1,997
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Senior Notes Due 2026 · Convertible Debt 2
Deferred Revenue 2,857 2,621 +9.0%
Total Current Liabilities 18,816 15,828 +18.9%
Accounts Payable 221 163 +35.6%
Non-Current Liabilities
Other Non-Current Liabilities 394 497 -20.7%
Total Liabilities 19,210 18,318 +4.9%
Operating Lease Liabilities 218 222 -1.8%
Stockholders' Equity
Additional Paid-In Capital 13,168 12,116 +8.7%
Accumulated Other Comprehensive Income -128 -5 -2460.0%
Retained Earnings -5,258 -4,109 -28.0%
Total Stockholders' Equity 7,782 8,002 -2.7%
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Accumulated Other Comprehensive Income -128 -5 -2460.0%
Additional Paid In Capital 13,168 12,116 +8.7%
Retained Earnings -5,258 -4,109 -28.0%
Total Liabilities & Equity 26,992 26,320 +2.6%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Stock-Based Compensation 782 677 +15.5%
Deferred Income Taxes And Tax Credits 70 65 +7.7%
Other Operating Activities Cash Flow Statement 145 89 +62.9%
Change in Prepaid & Other Assets -275 -105 -161.9%
Increase Decrease In Accrued Liabilities 10 230 -95.7%
Increase Decrease In Deferred Revenue 1,236 1,199 +3.1%
Net Cash from Operations 2,764 2,974 -7.1%
Investing Activities
Payments To Acquire Short Term Investments -1,643 -1,520 -8.1%
Proceeds From Sale And Maturity Of Marketable Securities 1,432 1,348 +6.2%
Other Investing Activities -31 -22 -40.9%
Net Cash from Investing -242 -194 -24.7%
Financing Activities
Change In Funds Payable And Amounts Payable To Customers 4,510 4,654 -3.1%
Share Repurchases -1,817 -1,499 -21.2%
Tax Withholding for Share Compensation -295 -309 +4.5%
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options 75 99 -24.2%
Net Cash from Financing 2,473 2,945 -16.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 689 -202 +441.1%
Net Change in Cash 5,684 5,523 +2.9%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 18,444 18,190 +1.4%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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