Stock Analysis on Net

Airbnb Inc. (NASDAQ:ABNB)

Income Statement

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

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue 9,917 8,399 5,992 3,378
Cost of revenue (1,703) (1,499) (1,156) (876)
Gross profit 8,214 6,900 4,836 2,502
Operations and support (1,186) (1,041) (847) (878)
Product development (1,722) (1,502) (1,425) (2,753)
Sales and marketing (1,763) (1,516) (1,186) (1,175)
General and administrative (2,025) (950) (835) (1,135)
Restructuring charges (89) (113) (151)
Income (loss) from operations 1,518 1,802 429 (3,590)
Interest income 721 186 13 27
Interest expense (83) (24) (438) (172)
Other income (expense), net (54) 25 (305) (947)
Income (loss) before income taxes 2,102 1,989 (300) (4,682)
(Provision for) benefit from income taxes 2,690 (96) (52) 97
Net income (loss) 4,792 1,893 (352) (4,585)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

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 2021 to 2022 and from 2022 to 2023.
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 2021 to 2022 but then slightly decreased from 2022 to 2023.
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 2021 to 2022 and from 2022 to 2023.
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 2021 to 2022 and from 2022 to 2023.