ABNB - Airbnb, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$153.00
DETAILS
HIGH:
$185.00
LOW:
$107.00
MEDIAN:
$159.50
CONSENSUS:
$153.00
UPSIDE:
15.60%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 12,241 | 11,102 | 9,917 | 8,399 | 5,992 | 3,378.2 | 4,805.2 | 3,652.0 | 2,561.7 |
| Cost of Revenue | 2,086 | 1,878 | 1,703 | 1,499 | 1,156 | 876.0 | 1,196.3 | 864.0 | 647.7 |
| Gross Profit | 10,155 | 9,224 | 8,214 | 6,900 | 4,836 | 2,502.2 | 3,608.9 | 2,788.0 | 1,914.0 |
| Operating Expenses | |||||||||
| R&D Expenses | 2,354 | 2,056 | 1,722 | 1,502 | 1,425 | 2,752.9 | 976.7 | 579.2 | 400.7 |
| SG&A Expenses | 3,930 | 3,333 | 3,788 | 2,466 | 2,022 | 2,310.2 | 2,318.7 | 1,580.8 | 1,198.9 |
| Other Expenses | 1,327 | 1,282 | 1,186 | 1,130 | 960 | 1,029.3 | 815.1 | 609.2 | 395.7 |
| Operating Expenses | 7,611 | 6,671 | 6,696 | 5,098 | 4,407 | 6,092.3 | 4,110.5 | 2,769.2 | 1,995.4 |
| Operating Income | |||||||||
| Operating Income | 2,544 | 2,553 | 1,518 | 1,802 | 429 | (3,590.1) | (501.5) | 18.7 | (81.4) |
| Interest Expense | 0 | 0 | 83 | 24 | 438 | 171.7 | 10.0 | 26.1 | 16.4 |
| Interest Income | 705 | 818 | 721 | 186 | 13 | 27.1 | 85.9 | 66.8 | 32.1 |
| Profitability | |||||||||
| EBITDA | 2,544 | 2,618 | 1,562 | 1,972 | 276 | (4,384.4) | (287.6) | 155.6 | 36.6 |
| EBIT | 2,544 | 2,553 | 1,518 | 1,891 | 138 | (4,510.2) | (401.7) | 73.2 | (42.7) |
| Income Before Tax | 3,137 | 3,331 | 2,102 | 1,989 | (300) | (4,681.9) | (411.7) | 47.0 | (59.1) |
| Income Tax Expense | 626 | 683 | (2,690) | 96 | 52 | (97.2) | 262.6 | 63.9 | 10.9 |
| Net Income | 2,511 | 2,648 | 4,792 | 1,893 | (352) | (4,584.7) | (674.3) | (16.9) | (70.0) |
| Per Share Data | |||||||||
| EPS (Basic) | 4.10 | 4.19 | 7.52 | 2.97 | -0.57 | -7.72 | -1.27 | -0.03 | -0.13 |
| EPS (Diluted) | 4.03 | 4.11 | 7.24 | 2.79 | -0.57 | -7.72 | -1.27 | -0.03 | -0.13 |
| Shares Outstanding | 613 | 632 | 637 | 637 | 616 | 594.1 | 530.9 | 530.9 | 521.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 6,560 | 6,864 | 6,874 | 7,378 | 6,067 | 5,480.6 | 2,013.5 | 2,140.9 |
| Short-Term Investments | 4,454 | 3,747 | 3,197 | 2,244 | 2,255 | 910.7 | 1,060.7 | 1,188.4 |
| Net Receivables | 7,145 | 6,078 | 6,074 | 4,983 | 3,715 | 2,181.3 | 3,145.5 | 2,305.0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 638 | 491 | 364 | 256 | 15.3 | 33.8 | 0.1 | 0 |
| Total Current Assets | 18,797 | 17,180 | 16,509 | 14,861 | 12,386 | 8,916.4 | 6,561.4 | 5,874.5 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 257 | 291 | 279 | 259 | 429 | 654.3 | 686.9 | 309.4 |
| Goodwill | 754 | 750 | 752 | 650 | 653 | 655.8 | 652.1 | 289.9 |
| Intangible Assets | 16 | 27 | 40 | 34 | 52 | 75.9 | 102.9 | 28.8 |
| Long-Term Investments | 58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 224 | 272 | 184 | 218 | 188 | 189.2 | 306.8 | 110.5 |
| Total Non-Current Assets | 3,411 | 3,779 | 4,136 | 1,177 | 1,322 | 1,575.1 | 1,748.7 | 738.6 |
| Total Assets | 22,208 | 20,959 | 20,645 | 16,038 | 13,708 | 10,491.5 | 8,310.1 | 6,613.1 |
| Current Liabilities | ||||||||
| Account Payables | 232 | 142 | 141 | 137 | 118 | 79.9 | 151.4 | 70.6 |
| Short-Term Debt | 1,999 | 0 | 0 | 0 | 0 | 26.8 | 0 | 0 |
| Deferred Revenue | 1,743 | 1,616 | 1,427 | 1,182 | 1,002 | 0 | 0 | 0 |
| Other Current Liabilities | 593 | 498 | 436 | 380 | 599 | 2,283.1 | 1,205.6 | 865.4 |
| Total Current Liabilities | 13,649 | 10,161 | 9,950 | 7,978 | 6,359 | 5,139.8 | 5,233.8 | 3,736.0 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 0 | 1,995 | 1,991 | 1,987 | 1,983 | 1,815.6 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 360 | 155 | 287 | 218 | 219 | 203.5 | 3,502.7 | 3,394.4 |
| Total Non-Current Liabilities | 360 | 2,386 | 2,530 | 2,500 | 2,574 | 2,449.9 | 3,884.0 | 3,394.4 |
| Total Liabilities | 14,009 | 12,547 | 12,480 | 10,478 | 8,933 | 7,589.7 | 9,117.8 | 7,130.4 |
| Stockholders' Equity | ||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.0 | 0.0 |
| Retained Earnings | (5,502) | (4,225) | (3,425) | (5,965) | (6,358) | (6,005.7) | (1,421.0) | (768.9) |
| Accumulated Other Comprehensive Income | (62) | 35 | (49) | (32) | (7) | 2.6 | (4.4) | (7.9) |
| Total Stockholders' Equity | 8,199 | 8,412 | 8,165 | 5,560 | 4,775 | 2,901.8 | (807.7) | (517.3) |
| Total Liabilities & Equity | 22,208 | 20,959 | 20,645 | 16,038 | 13,708 | 10,491.5 | 8,310.1 | 6,613.1 |
| Debt Metrics | ||||||||
| Total Debt | 2,067 | 2,294 | 2,304 | 2,341 | 2,418 | 2,329.8 | 419.4 | 0 |
| Net Debt | (4,493) | (4,570) | (4,570) | (5,037) | (3,649) | (3,150.7) | (1,594.2) | (2,140.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | 2,511 | 2,648 | 4,792 | 1,893 | (352.0) | (4,584.7) | (674.3) | (16.9) | (70.0) |
| Depreciation & Amortization | 0 | 65 | 44 | 89.3 | 175.5 | 125.9 | 114.2 | 82.4 | 79.3 |
| Stock-Based Compensation | 1,592 | 1,407 | 1,120 | 930 | 0 | 3,001.9 | 97.5 | 53.9 | 38.4 |
| Change in Working Capital | (106) | (67) | 720 | 319 | 637.9 | (284.6) | 620.4 | 421.0 | 183.2 |
| Other Non-Cash Items | 273 | 32 | 83 | 208 | 1,840.7 | 1,131.4 | 70.6 | 60.1 | 24.6 |
| Operating Cash Flow | 4,646 | 4,518 | 3,884 | 3,430 | 2,313 | (629.7) | 222.7 | 595.6 | 251.2 |
| Investing Activities | |||||||||
| Capital Expenditure | 0 | 0 | 0 | (25) | 0 | (37.4) | (125.5) | (90.6) | (100.2) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | (400.3) | (60.1) | (176.6) |
| Purchases of Investments | (3,438) | (3,146) | (3,308) | (4,072) | (4,938.2) | (3,032.7) | (1,016.2) | (1,270.6) | (1,040.2) |
| Sales/Maturities of Investments | 2,736 | 2,605 | 2,380 | 4,071 | 3,611.1 | 3,158.2 | 1,161.1 | 756.5 | 528.2 |
| Other Investing Activities | (46) | (75) | (114) | (2) | 0.5 | (8.6) | 33.7 | (3.3) | 0 |
| Investing Cash Flow | (748) | (616) | (1,042) | (28) | (1,352) | 79.6 | (347.2) | (668.2) | (788.9) |
| Financing Activities | |||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | (229) | 1,923.9 | 0 | 0 | 4.8 |
| Stock Repurchased | (3,789) | (3,430) | (2,252) | (1,500) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (160) | (142) | (178) | 723 | 1,537 | (2,633.9) | 854.6 | 140.5 | 618.2 |
| Financing Cash Flow | (3,827) | (3,572) | (2,430) | (689) | 1,308 | 2,940.8 | 854.6 | 140.5 | 673.0 |
| Cash Position | |||||||||
| Net Change in Cash | 726 | 93 | 564 | 2,376 | 2,059 | 2,524.8 | 704.9 | (91.0) | 362.4 |
| Cash at Beginning | 12,760 | 12,667 | 12,103 | 9,727 | 7,668.3 | 5,143.4 | 4,438.6 | 4,529.6 | 4,167.2 |
| Cash at End | 13,486 | 12,760 | 12,667 | 12,103 | 9,727.3 | 7,668.3 | 5,143.4 | 4,438.6 | 4,529.6 |
| Free Cash Flow | 4,646 | 4,518 | 3,884 | 3,405 | 2,313 | (667.1) | 97.3 | 504.9 | 151.0 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 12,241 | 11,102 | 9,917 | 8,399 | 5,992 | 3,378.2 | 4,805.2 | 3,652.0 | 2,561.7 |
| Gross Profit | 10,155 | 9,224 | 8,214 | 6,900 | 4,836 | 2,502.2 | 3,608.9 | 2,788.0 | 1,914.0 |
| Operating Income | 2,544 | 2,553 | 1,518 | 1,802 | 429 | (3,590.1) | (501.5) | 18.7 | (81.4) |
| Net Income | 2,511 | 2,648 | 4,792 | 1,893 | (352) | (4,584.7) | (674.3) | (16.9) | (70.0) |
| EPS (Diluted) | 4.03 | 4.11 | 7.24 | 2.79 | -0.57 | -7.72 | -1.27 | -0.03 | -0.13 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 6,560 | 6,864 | 6,874 | 7,378 | 6,067 | 5,480.6 | 2,013.5 | 2,140.9 | |
| Total Assets | 22,208 | 20,959 | 20,645 | 16,038 | 13,708 | 10,491.5 | 8,310.1 | 6,613.1 | |
| Total Debt | 2,067 | 2,294 | 2,304 | 2,341 | 2,418 | 2,329.8 | 419.4 | 0 | |
| Stockholders' Equity | 8,199 | 8,412 | 8,165 | 5,560 | 4,775 | 2,901.8 | (807.7) | (517.3) | |
| Cash Flow | |||||||||
| Operating Cash Flow | 4,646 | 4,518 | 3,884 | 3,430 | 2,313 | (629.7) | 222.7 | 595.6 | 251.2 |
| Capital Expenditure | 0 | 0 | 0 | (25) | 0 | (37.4) | (125.5) | (90.6) | (100.2) |
| Free Cash Flow | 4,646 | 4,518 | 3,884 | 3,405 | 2,313 | (667.1) | 97.3 | 504.9 | 151.0 |