Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Airbnb Inc., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash and cash equivalents	6,560)	6,864)	6,874)	7,378)	6,067)
Short-term investments	4,454)	3,747)	3,197)	2,244)	2,255)
Funds receivable and amounts held on behalf of customers	6,959)	5,931)	5,869)	4,783)	3,715)
Customer receivables, net of reserve	186)	147)	205)	161)	112)
Web hosting prepayments, payment processor receivables, and other	638)	491)	364)	295)	237)
Prepaids and other current assets	824)	638)	569)	456)	348)
Current assets	18,797)	17,180)	16,509)	14,861)	12,386)
Deferred income tax assets	2,102)	2,439)	2,881)	16)	15)
Goodwill and intangible assets, net	770)	777)	792)	684)	705)
Property and equipment, net	107)	147)	160)	121)	157)
Operating lease right-of-use assets	150)	144)	119)	138)	272)
Web hosting prepayments and other	282)	272)	184)	218)	174)
Other assets, noncurrent	539)	563)	463)	477)	603)
Noncurrent assets	3,411)	3,779)	4,136)	1,177)	1,322)
Total assets	22,208)	20,959)	20,645)	16,038)	13,708)

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).

Total assets experienced consistent growth over the five-year period, increasing from US$13,708 million in 2021 to US$22,208 million in 2025. This growth was not linear, with a more substantial increase between 2022 and 2023. The composition of assets shifted notably during this period, with changes observed in both current and noncurrent asset categories.

Current Assets: Current assets demonstrated a steady upward trend, rising from US$12,386 million in 2021 to US$18,797 million in 2025. The most significant component of current assets, Funds receivable and amounts held on behalf of customers, exhibited substantial growth, nearly doubling from US$3,715 million to US$6,959 million. Short-term investments also increased, though at a slower pace, from US$2,255 million to US$4,454 million. Customer receivables and Web hosting prepayments, payment processor receivables, and other also showed incremental increases. Prepaids and other current assets also increased consistently throughout the period.
Noncurrent Assets: Noncurrent assets experienced a more volatile trajectory. Initially declining from US$1,322 million in 2021 to US$1,177 million in 2022, they increased significantly to US$4,136 million in 2023 before decreasing to US$3,411 million in 2025. This fluctuation was largely driven by Deferred income tax assets, which increased dramatically in 2023 to US$2,881 million, then decreased in subsequent years. Goodwill and intangible assets remained relatively stable, fluctuating between US$684 million and US$792 million. Property and equipment, net, showed a general downward trend, decreasing from US$157 million to US$107 million. Operating lease right-of-use assets experienced a slight decrease initially, followed by a modest increase.
Cash Position: Cash and cash equivalents remained relatively stable, fluctuating between US$6,067 million and US$7,378 million. A slight downward trend is observed in the later years of the period, decreasing from US$6,874 million in 2023 to US$6,560 million in 2025.

The substantial growth in Funds receivable and amounts held on behalf of customers suggests an expansion in the company’s platform activity and potentially a larger volume of transactions being processed. The significant change in Deferred income tax assets warrants further investigation to understand the underlying factors contributing to this volatility. Overall, the asset base expanded considerably, indicating growth in the business, although the composition of those assets shifted, particularly with respect to noncurrent assets.

Airbnb Inc. (NASDAQ:ABNB)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items