Stock Analysis on Net

Airbnb Inc. (NASDAQ:ABNB)

Income Statement 
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Airbnb Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Revenue 3,732 2,748 2,142 2,218 3,397 2,484 1,818 1,902 2,884 2,104 1,509 1,532 2,237 1,335 887
Cost of revenue (465) (506) (480) (384) (459) (432) (428) (345) (401) (390) (363) (295) (312) (294) (255)
Gross profit 3,267 2,242 1,662 1,834 2,938 2,052 1,390 1,556 2,483 1,714 1,146 1,237 1,926 1,041 632
Operations and support (369) (338) (285) (271) (316) (317) (282) (260) (290) (258) (233) (225) (228) (208) (185)
Product development (524) (519) (475) (432) (419) (451) (420) (398) (366) (375) (363) (368) (344) (350) (363)
Sales and marketing (514) (573) (514) (424) (403) (486) (450) (408) (383) (380) (345) (351) (291) (315) (229)
General and administrative (335) (315) (287) (1,203) (304) (275) (243) (256) (240) (243) (211) (217) (211) (218) (190)
Restructuring charges (89) (1) (1) (112)
Income (loss) from operations 1,525 497 101 (496) 1,496 523 (5) 235 1,203 369 (5) 76 852 (51) (447)
Interest income 207 226 202 192 192 191 146 103 58 20 5 4 3 3 3
Interest expense (71) (6) (2) (4) (5) (6) (7) (6) (3) (7) (7) (422)
Other income (expense), net 3 (42) (10) (8) (3) (36) (7) 12 14 2 (2) (5) 2 (2) (300)
Income (loss) before income taxes 1,735 681 293 (383) 1,679 676 130 344 1,270 383 (8) 72 850 (57) (1,166)
(Provision for) benefit from income taxes (367) (126) (29) 34 2,695 (26) (13) (25) (56) (4) (11) (18) (17) (11) (6)
Net income (loss) 1,368 555 264 (349) 4,374 650 117 319 1,214 379 (19) 55 834 (68) (1,172)

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).

Income statement item Description The company
Revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Airbnb Inc. revenue increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. Airbnb Inc. income (loss) from operations increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Airbnb Inc. income (loss) before income taxes increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Airbnb Inc. net income (loss) increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.