Balance Sheet: Assets
Quarterly Data

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 (quarterly data)

US$ in millions

	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	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
Cash and cash equivalents	7,037)	6,560)	7,528)	7,402)	7,600)	6,864)	7,670)	7,882)	7,829)	6,874)	8,175)	7,905)	8,166)	7,378)	7,524)	7,838)	6,887)	6,067)	5,995)	5,673)	4,483)
Short-term investments	4,968)	4,454)	4,156)	3,954)	3,892)	3,747)	3,583)	3,369)	3,264)	3,197)	2,787)	2,435)	2,428)	2,244)	2,104)	2,057)	2,436)	2,255)	1,926)	1,755)	2,087)
Customer receivables	191)	186)	180)	186)	174)	147)	175)	175)	175)	205)	206)	218)	185)	161)	151)	170)	123)	112)	114)	106)	96)
Funds receivable and amounts held on behalf of customers	10,550)	6,959)	7,209)	11,067)	9,175)	5,931)	6,573)	10,342)	8,737)	5,869)	5,986)	9,144)	7,760)	4,783)	4,805)	7,466)	6,105)	3,715)	3,940)	6,302)	4,015)
Prepaids and other current assets	855)	638)	465)	571)	454)	491)	318)	484)	388)	364)	369)	350)	330)	295)	283)	294)	211)	237)	246)	260)	247)
Current assets	23,601)	18,797)	19,538)	23,180)	21,295)	17,180)	18,319)	22,252)	20,393)	16,509)	17,523)	20,052)	18,869)	14,861)	14,867)	17,826)	15,761)	12,386)	12,221)	14,096)	10,927)
Deferred income tax assets	1,941)	2,102)	2,146)	2,428)	2,459)	2,439)	2,601)	2,825)	2,886)	2,881)	2,775)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Goodwill and intangible assets, net	767)	770)	773)	776)	775)	777)	783)	783)	786)	792)	676)	679)	682)	684)	685)	692)	699)	705)	712)	718)	723)
Property and equipment, net	—)	107)	122)	132)	138)	147)	166)	170)	171)	160)	147)	132)	122)	121)	118)	118)	143)	157)	174)	193)	211)
Operating lease right-of-use assets	—)	150)	150)	144)	139)	144)	96)	103)	111)	119)	123)	131)	138)	138)	154)	165)	263)	272)	280)	289)	301)
Other assets, noncurrent	519)	282)	335)	332)	250)	272)	207)	187)	190)	184)	195)	194)	207)	234)	253)	259)	203)	189)	196)	188)	177)
Noncurrent assets	3,227)	3,411)	3,526)	3,812)	3,761)	3,779)	3,853)	4,068)	4,144)	4,136)	3,916)	1,136)	1,149)	1,177)	1,210)	1,233)	1,307)	1,322)	1,361)	1,389)	1,412)
Total assets	26,828)	22,208)	23,064)	26,992)	25,056)	20,959)	22,172)	26,320)	24,537)	20,645)	21,439)	21,188)	20,018)	16,038)	16,077)	19,059)	17,068)	13,708)	13,582)	15,485)	12,339)

The asset structure of the organization reflects a high degree of liquidity and a lean operational model, characterized by a dominant concentration of current assets relative to noncurrent assets. Total assets have grown from 12.34 billion USD in March 2021 to 26.83 billion USD by March 2026, indicating substantial balance sheet expansion over the analyzed period.

Liquidity and Cash Management: A robust liquidity position is maintained through cash and short-term investments. While cash and cash equivalents have fluctuated between 4.48 billion USD and 8.17 billion USD, there is a consistent upward trajectory in short-term investments, which grew from 2.09 billion USD in March 2021 to 4.97 billion USD by March 2026. This shift suggests a strategic reallocation of excess cash into interest-bearing instruments to optimize returns on idle capital.
Operational Seasonality: Significant cyclicality is observed in the "Funds receivable and amounts held on behalf of customers" account. This item exhibits sharp peaks typically occurring in the first and second quarters of each year, with a notable peak of 11.07 billion USD in June 2025, followed by contractions in the third and fourth quarters. This pattern is consistent with the seasonal nature of travel and hospitality bookings, where customer prepayments increase ahead of peak travel seasons.
Asset-Light Strategy: The organization maintains a minimal footprint in physical infrastructure. Net property and equipment have steadily declined from 211 million USD in March 2021 to 107 million USD by December 2025. Similarly, operating lease right-of-use assets have trended downward. This reinforces an asset-light business model where growth is not dependent on the acquisition of heavy fixed assets.
Noncurrent Asset Volatility: Noncurrent assets remained relatively stable until September 2023, at which point a significant increase occurred due to the introduction of deferred income tax assets valued at 2.78 billion USD. These tax assets have since experienced a gradual decline, reaching 1.94 billion USD by March 2026, which serves as the primary driver for the overall fluctuations in total noncurrent assets during the latter half of the period.
Working Capital Components: Customer receivables have shown a gradual increase over the long term, growing from 96 million USD to 191 million USD, though they remain a marginal component of the total asset base. Prepaids and other current assets have also trended upward, reaching 855 million USD by March 2026, reflecting an increase in operational scale.

Airbnb Inc. (NASDAQ:ABNB)

Balance Sheet: Assets
Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Airbnb Inc. (NASDAQ:ABNB)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data