Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Airbnb Inc., consolidated cash flow statement

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income (loss)	4,792)	1,893)	(352)	(4,585)
Depreciation and amortization	44)	81)	138)	126)
Stock-based compensation expense	1,120)	930)	899)	3,002)
Deferred income taxes	(2,875)	(1)	11)	(20)
Loss on warrants, net	—)	—)	292)	869)
Impairment of long-lived assets	—)	91)	113)	36)
Loss from extinguishment of debt	—)	—)	377)	—)
Other, net	83)	117)	74)	227)
Prepaids and other assets	(102)	(185)	(29)	(49)
Accrued expenses and other liabilities	580)	224)	171)	32)
Unearned fees	242)	280)	496)	(267)
Changes in operating assets and liabilities, net of acquisitions	720)	319)	638)	(285)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities	(908)	1,537)	2,542)	3,955)
Net cash provided by (used in) operating activities	3,884)	3,430)	2,190)	(630)
Purchases of property and equipment	(47)	(25)	(25)	(37)
Purchases of short-term investments	(3,308)	(4,072)	(4,938)	(3,033)
Sales and maturities of short-term investments	2,380)	4,071)	3,611)	3,158)
Other investing activities, net	(67)	(2)	1)	(9)
Net cash (used in) provided by investing activities	(1,042)	(28)	(1,352)	80)
Proceeds from issuance of common stock upon initial public offering, net of underwriting discounts and offering costs	—)	—)	—)	3,651)
Taxes paid related to net share settlement of equity awards	(1,224)	(607)	(54)	(1,650)
Principal repayment of long-term debt	—)	—)	(1,995)	(5)
Prepayment penalty on long-term debt	—)	—)	(213)	—)
Proceeds from issuance of long-term debt and warrants, net of issuance costs	—)	—)	—)	1,929)
Proceeds from issuance of convertible senior notes, net of issuance costs	—)	—)	1,979)	—)
Purchases of capped calls related to convertible senior notes	—)	—)	(100)	—)
Proceeds from exercise of equity awards and employee stock purchase plan	110)	88)	188)	15)
Repurchases of common stock	(2,252)	(1,500)	—)	—)
Change in funds payable and amounts payable to customers	936)	1,330)	1,626)	(1,012)
Other financing activities, net	—)	—)	—)	14)
Net cash provided by (used in) financing activities	(2,430)	(689)	1,431)	2,941)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	152)	(337)	(210)	134)
Net increase (decrease) in cash, cash equivalents, and restricted cash	564)	2,376)	2,059)	2,525)
Cash, cash equivalents, and restricted cash, beginning of year	12,103)	9,727)	7,668)	5,143)
Cash, cash equivalents, and restricted cash, end of year	12,667)	12,103)	9,727)	7,668)

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).

Download chart

Cash flow statement item	Description	The company
Net cash provided by (used in) operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Airbnb Inc. net cash provided by (used in) operating activities increased from 2021 to 2022 and from 2022 to 2023.
Net cash (used in) provided by investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Airbnb Inc. net cash (used in) provided by investing activities increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Net cash provided by (used in) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Airbnb Inc. net cash provided by (used in) financing activities decreased from 2021 to 2022 and from 2022 to 2023.

Airbnb Inc. (NASDAQ:ABNB)

Cash Flow Statement