Airbnb Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
ABNB$186.90-1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations
(in millions, except per share amounts)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2023 | 2024 | 2023 | 2024 | |
| Revenue | $3,397 | $3,732 | $7,699 | $8,622 |
| Costs and expenses: | ||||
| Cost of revenue | 459 | 465 | 1,319 | 1,451 |
| Operations and support | 316 | 369 | 915 | 992 |
| Product development | 419 | 524 | 1,290 | 1,518 |
| Sales and marketing | 403 | 514 | 1,339 | 1,601 |
| General and administrative | 304 | 335 | 822 | 937 |
| Total costs and expenses | 1,901 | 2,207 | 5,685 | 6,499 |
| Income from operations | 1,496 | 1,525 | 2,014 | 2,123 |
| Interest income | 192 | 207 | 529 | 635 |
| Other income (expense), net | (9) | 3 | (58) | (49) |
| Income before income taxes | 1,679 | 1,735 | 2,485 | 2,709 |
| Provision for (benefit from) income taxes | (2,695) | 367 | (2,656) | 522 |
| Net income | $4,374 | $1,368 | $5,141 | $2,187 |
| Net income per share attributable to Class A and Class B common stockholders: | ||||
| Basic | $6.83 | $2.17 | $8.08 | $3.45 |
| Diluted | $6.63 | $2.13 | $7.74 | $3.38 |
| Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders: | ||||
| Basic | 640 | 631 | 636 | 634 |
| Diluted | 660 | 642 | 665 | 648 |
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