Airbnb, Inc.

ABNB 10-K · Q4 2025

ABNB Q4 2025 request

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Income Statement

Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 2,778 2,480 +12.0%
Show Business Segments breakouts
Reportable Segment 2,778 2,480 +12.0%
Show Geography breakouts
Asia Pacific 351 297 +18.2%
EMEA 930 794 +17.1%
Latin America 351 278 +26.3%
North America 1,146 1,111 +3.2%
Cost of Revenue 487 427 +14.1%
Operations And Support Expense 327 290 +12.8%
Research & Development 589 538 +9.5%
Sales & Marketing 695 547 +27.1%
General & Administrative 411 248 +65.7%
Total Costs & Expenses 2,509 2,050 +22.4%
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Reportable Segment 2,509 2,050 +22.4%
Operating Income 269 430 -37.4%
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Reportable Segment 269 430 -37.4%
Investment Income Nonoperating 162 183 -11.5%
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Reportable Segment 162 183 -11.5%
Other Non-Operating Income (Expense) -38 9 -522.2%
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Reportable Segment -38 9 -522.2%
Income Before Taxes 393 622 -36.8%
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Reportable Segment 393 622 -36.8%
Income Tax Expense (Benefit) 52 161 -67.7%
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Reportable Segment 52 161 -67.7%
Net Income 341 461 -26.0%
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Reportable Segment 341 461 -26.0%
Income Loss From Continuing Operations Per Basic Share 0.57 0.74 -23.0%
Income Loss From Continuing Operations Per Diluted Share 0.56 0.73 -23.3%
Wtd Avg Shares (Basic) -3 -2 -50.0%
Wtd Avg Shares (Diluted) -3 -3 0.0%
Comprehensive Income 358 543 -34.1%
Other Comprehensive Income 17 82 -79.3%
Net Income Loss Available To Common Stockholders Basic 341 461 -26.0%
Labor And Related Expense (Q)
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Reportable Segment 516 418 +23.4%
Professional And Contract Services Expense (Q)
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Reportable Segment 308 260 +18.5%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 2024 YoY
Current Assets
Cash & Cash Equivalents 6,560 6,864 -4.4%
Short-Term Investments 4,454 3,747 +18.9%
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Short Term Investments 4,454 3,747 +18.9%
Funds Held For Clients 6,959 5,931 +17.3%
Prepaid Expenses & Other Current Assets 824 638 +29.2%
Total Current Assets 18,797 17,180 +9.4%
Non-Current Assets
Deferred Tax Assets 2,102 2,439 -13.8%
Other Non-Current Assets 539 563 -4.3%
Total Assets 22,208 20,959 +6.0%
Property, Plant & Equipment 107 147 -27.2%
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Software And Software Development Costs 33 69 -52.2%
Operating Lease Right-of-Use Assets 150 144 +4.2%
Goodwill 754 750 +0.5%
Intangible Assets 16 27 -40.7%
Other Assets
Intangible Assets Net Including Goodwill 770 777 -0.9%
Current Liabilities
Accounts Payable And Accrued Liabilities Current 2,948 2,614 +12.8%
Contract With Customer Liability 6,959 5,931 +17.3%
Current Portion of Long-Term Debt 1,999
Deferred Revenue 1,743 1,616 +7.9%
Total Current Liabilities 13,649 10,161 +34.3%
Accounts Payable 232 142 +63.4%
Non-Current Liabilities
Long-Term Debt (Q)
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Senior Notes Due 2026 · Convertible Debt 2 2 0.0%
Other Non-Current Liabilities 360 391 -7.9%
Total Liabilities 14,009 12,547 +11.7%
Operating Lease Liabilities 204 236 -13.6%
Stockholders' Equity
Additional Paid-In Capital 13,763 12,602 +9.2%
Accumulated Other Comprehensive Income -62 35 -277.1%
Retained Earnings -5,502 -4,225 -30.2%
Total Stockholders' Equity 8,199 8,412 -2.5%
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Accumulated Other Comprehensive Income -62 35 -277.1%
Additional Paid In Capital 13,763 12,602 +9.2%
Retained Earnings -5,502 -4,225 -30.2%
Total Liabilities & Equity 22,208 20,959 +6.0%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Stock-Based Compensation 411 368 +11.7%
Deferred Income Taxes And Tax Credits 40 129 -69.0%
Other Operating Activities Cash Flow Statement 63 4 +1475.0%
Change in Prepaid & Other Assets -142 -141 -0.7%
Increase Decrease In Accrued Liabilities -111 -322 +65.5%
Increase Decrease In Deferred Revenue -76 -33 -130.3%
Net Cash from Operations 526 466 +12.9%
Investing Activities
Payments To Acquire Short Term Investments -778 -697 -11.6%
Proceeds From Sale And Maturity Of Marketable Securities 484 526 -8.0%
Other Investing Activities -6 -49 +87.8%
Net Cash from Investing -300 -220 -36.4%
Financing Activities
Share Repurchases -1,095 -838 -30.7%
Tax Withholding for Share Compensation -130 -208 +37.5%
Change In Funds Payable And Amounts Payable To Customers -269 -345 +22.0%
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options 44 61 -27.9%
Net Cash from Financing -1,450 -1,330 -9.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -3 -354 +99.2%
Net Change in Cash -1,227 -1,438 +14.7%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 13,486 12,760 +5.7%

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

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