Airbnb Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $12.24B | $11.10B | $9.92B | $8.40B | $5.99B | $3.38B | $4.81B |
| United States | $4.81B | $4.64B | $4.29B | $3.89B | $3.00B | $1.65B | — |
| International | $7.43B | $6.46B | $5.63B | $4.51B | $3.00B | $1.73B | — |
| Cost of Revenue | $2.09B | $1.88B | $1.70B | $1.50B | $1.16B | $876.0M | $1.20B |
| Gross Profit | $10.16B | $9.22B | $8.21B | $6.90B | $4.84B | $2.50B | $3.61B |
| Gross Margin | 83.0% | 83.1% | 82.8% | 82.2% | 80.7% | 74.1% | 75.1% |
| Operating Expenses | |||||||
| Research & Development | $2.35B | $2.06B | $1.72B | $1.50B | $1.43B | $2.75B | $976.7M |
| SG&A Expense | $1.34B | $1.19B | $2.03B | $950.0M | $836.0M | $1.14B | $697.2M |
| Operating Income | $2.54B | $2.55B | $1.52B | $1.80B | $429.0M | $-3.59B | $-501.5M |
| Operating Margin | 20.8% | 23.0% | 15.3% | 21.5% | 7.2% | -106.3% | -10.4% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $3.14B | $3.33B | $2.10B | $1.99B | $-300.0M | $-4.68B | $-411.7M |
| Income Tax Expense | $626.0M | $683.0M | $-2.69B | $96.0M | $52.0M | $-97.0M | $262.6M |
| Net Income | $2.51B | $2.65B | $4.79B | $1.89B | $-352.0M | $-4.59B | $-674.3M |
| Net Margin | 20.5% | 23.9% | 48.3% | 22.5% | -5.9% | -135.7% | -14.0% |
| EPS (Basic) | $4.10 | $4.19 | $7.52 | $2.97 | $-0.57 | $-8.06 | — |
| EPS (Diluted) | $4.03 | $4.11 | $7.24 | $2.79 | $-0.57 | $-8.06 | — |
| Shares Outstanding (Basic) | 613.0M | 632.0M | 637.0M | 637.0M | 616.0M | 568.0M | 521.1M |
| Shares Outstanding (Diluted) | 623.0M | 645.0M | 662.0M | 680.0M | 616.0M | 568.0M | 521.1M |
| Dividends Per Share | — | — | — | — | — | — | — |