Airbnb, Inc. (ABNB) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.71B | 526M | 1.36B | 975M | 1.79B | 466M | 1.08B | 1.05B | 1.92B | 63M | 1.32B | 909M | 1.59B | 462.7M | 965.56M | 801M | 1.2B | 380.85M | 523.18M | 791.3M |
| Operating CF Margin % | 63.78% | 18.93% | 33.11% | 31.49% | 78.74% | 18.79% | 28.89% | 38.25% | 89.78% | 2.84% | 39.01% | 36.59% | 87.29% | 24.33% | 33.48% | 38.07% | 79.65% | 24.86% | 23.38% | 59.26% |
| Operating CF Growth % | -4.53% | 12.88% | 25.79% | -7.23% | -6.97% | 639.68% | -18.64% | 15.62% | 21.17% | -86.38% | 37.23% | 13.48% | 32.03% | 21.49% | 84.56% | 1.23% | 98.23% | 373.78% | 55.86% | - |
| Net Income | 160M | 341M | 1.37B | 642M | 154M | 461M | 1.37B | 555M | 264M | -349M | 4.37B | 650M | 117M | 318.66M | 1.21B | 379M | -18.79M | 54.5M | 833.89M | -68.22M |
| Depreciation & Amortization | 0 | 0 | 22M | 21M | 25M | 22M | 15M | 14M | 14M | 16M | 8M | 9M | 11M | 13M | 12.81M | 26M | 29.23M | 30.84M | 33.69M | 35.54M |
| Stock-Based Compensation | 410M | 411M | 399M | 424M | 358M | 368M | 362M | 382M | 295M | 290M | 286M | 304M | 240M | 253.61M | 234M | 247M | 194.92M | 225.7M | 210.79M | 232.86M |
| Deferred Taxes | 147M | 40M | 266M | 70M | 0 | 129M | 239M | 0 | 0 | -116M | -2.76B | 0 | 0 | -1M | 0 | 0 | 0 | -19.6M | 32.92M | -4.18M |
| Other Non-Cash Items | 34M | 63M | 43M | 28M | 71M | -18M | -11M | 122M | 4M | 92M | 11M | -29M | 12M | -23.47M | 64.4M | 126M | 43.04M | 68.52M | 5.58M | 1.56M |
| Working Capital Changes | 957M | -329M | -748M | -210M | 1.18B | -496M | -895M | -22M | 1.35B | 130M | -592M | -25M | 1.21B | -98.05M | -560.3M | 23M | 953.59M | 20.88M | -593.69M | 593.74M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65M | -62M | 24M | -19.22M | 15.95M | 13M | 10.27M | 21.91M | -75K | -19.22M |
| Cash from Investing | -461M | -300M | -206M | -91M | -151M | -220M | -202M | -110M | -84M | -475M | -364M | -20M | -183M | -143.27M | -55.76M | 368M | -196.97M | -329.44M | -175.75M | 325.52M |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15M | -9M | -6M | -8.39M | -5.6M | -5M | -5.96M | -4.46M | -5.51M | -7.65M |
| CapEx % of Revenue | - | 0.25% | - | 0.74% | - | - | - | - | - | 1.35% | 0.44% | 0.36% | 0.33% | 0.44% | 0.19% | 0.24% | 0.39% | 0.29% | 0.25% | 0.57% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 349M | 11M | 177M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 65M | -6M | -9M | -23M | -8M | -49M | -4M | -8M | -14M | -84M | -349M | -11M | -177M | 227K | 620K | 0 | -2.85M | 500K | 0 | 0 |
| Cash from Financing | 2.97B | -1.45B | -4.85B | 328M | 2.15B | -1.33B | -5.19B | 811M | 2.13B | -1.17B | -3.71B | 167M | 2.29B | -764.43M | -3.57B | 1.45B | 2.2B | -146.49M | -2.32B | 2.33B |
| Debt Issued (Net) | 483M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -166K | 0 | 0 |
| Equity Issued (Net) | -1.08B | -1.05B | -1.01B | -965M | -807M | -838M | -1.09B | -749M | -750M | -752M | -486M | -1.23B | -644M | -616M | -997.35M | 0 | 0 | -22.37M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -1.09B | -1.09B | -1.01B | -1.01B | -807M | -838M | -1.09B | -749M | -750M | -752M | -500M | -507M | -493M | -500M | -1B | 0 | 0 | -22.37M | 0 | 0 |
| Other Financing | 3.57B | -399M | -3.84B | 1.29B | 2.95B | -492M | -4.09B | 1.56B | 2.88B | -419M | -3.23B | 1.4B | 2.93B | -148.43M | -2.58B | 1.45B | 2.2B | -123.95M | -2.32B | 2.33B |
| Net Change in Cash | 4.1B | -1.23B | -3.73B | -213M | 3.99B | -1.44B | -3.99B | 1.66B | 3.86B | -1.42B | -2.89B | 1.11B | 3.77B | -156.38M | -2.98B | 2.3B | 3.21B | -145.93M | -2.08B | 3.47B |
| Free Cash Flow | 1.71B | 533M | 1.36B | 952M | 1.79B | 466M | 1.08B | 1.05B | 1.92B | 93M | 1.31B | 900M | 1.58B | 454.3M | 959.96M | 796M | 1.2B | 376.39M | 517.67M | 783.65M |
| FCF Margin % | 63.78% | 19.19% | 33.11% | 30.75% | 78.74% | 18.79% | 28.89% | 38.25% | 89.78% | 4.19% | 38.56% | 36.23% | 86.96% | 23.89% | 33.29% | 37.83% | 79.26% | 24.57% | 23.14% | 58.69% |
| FCF Growth % | -4.53% | 14.38% | 25.79% | -9.42% | -6.97% | 401.08% | -17.71% | 16.78% | 21.63% | -79.53% | 36.46% | 13.07% | 32.19% | 20.7% | 85.44% | 1.58% | 99.78% | 356.06% | 57.81% | - |
| FCF per Share | 2.81 | 0.86 | 2.18 | 1.52 | 2.83 | 0.75 | 1.68 | 1.62 | 2.94 | 0.15 | 1.98 | 1.35 | 2.36 | 0.68 | 1.41 | 1.16 | 1.88 | 0.55 | 0.76 | 1.28 |
| FCF Conversion (FCF/Net Income) | 10.68x | 1.54x | 0.99x | 1.52x | 11.62x | 1.01x | 0.79x | 1.89x | 7.28x | -0.18x | 0.30x | 1.40x | 13.56x | 1.45x | 0.80x | 2.11x | -63.26x | 6.99x | 0.63x | -11.60x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53M | 1M | 0 | 1M | 376K | 2M | 3M | 3M | 2.17M | 2.67M | 2.1M |
| Taxes Paid | 0 | 52M | 12M | 155M | 13M | 48M | 175M | 98M | 29M | 63M | 19M | 39M | 11M | 16.2M | 24M | 13M | 15M | 2.99M | 2.56M | 5.44M |