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ABNB Financials Airbnb

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 29.4% per year over the past 5 years.
  • Operating margin has expanded, at 20.8% in the latest year.
  • Free cash flow has grown 227.1% per year over the past 5 years.

Financial health

  • The company holds more cash ($6.6B) than total debt ($2.0B).
  • Total debt has grown slower than revenue (1.8% vs 29.4% per year).
  • Total debt is 0.8× EBITDA.
Revenue & net income
-$5B $4B $12B $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-136% -26% 83% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$777M $1B $3B $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $4B $7B 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$4B $410M $5B $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $12.2B $2.5B 83.0% 20.8% $2.0B $6.6B
2024 $11.1B $2.6B 83.1% 23.0% $2.0B $6.9B
2023 $9.9B $4.8B 82.8% 15.3% $2.0B $6.9B
2022 $8.4B $1.9B 82.2% 21.5% $3.4B $2.0B $7.4B
2021 $6.0B -$352M 80.7% 7.2% $2.3B $2.0B $6.1B
2020 $3.4B -$4.6B 74.1% -106.3% -$777M $1.8B $5.5B
2019 $4.8B -$674M 75.1% -10.4% $97M $2.0B

Valuation over time

How the market has priced ABNB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 24.0 48.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 5.4 10.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is ABNB growing its revenue and profit?

Over the past 5 years, Airbnb's revenue has grown 29.4% per year. These are computed facts, not advice.

How much debt does ABNB have?

As of FY2025, Airbnb reported $2.0B of total debt against $6.6B of cash.

What is ABNB's profit margin?

In FY2025, gross margin was 83.0%, operating margin 20.8%, and net margin 20.5%.

What is ABNB's P/E ratio?

As of Jun '26, Airbnb traded at a price-to-earnings ratio of about 33.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.