ABNB · 8-K · 20260806PR337928
Free Cash Flow
Airbnb, Inc. · 2026-08-06 · Importance 57 · Surprise 38 · From source text
Second-quarter 2026 net cash provided by operating activities was $1,270 million, up 30% year over year from $975 million in the second quarter of 2025. Free cash flow was $1,253 million, also up 30% year over year from $962 million, while free cash flow margin increased to 35% from 31%. Sequentially, operating cash flow declined from $1,708 million in the first quarter of 2026 to $1,270 million, and free cash flow declined from $1,704 million to $1,253 million. Purchases of property and equipment increased to $17 million from $13 million year over year, while trailing-twelve-month free cash flow reached $4,827 million with a 37% margin.
Key facts
- TTM Net cash provided by operating activities as of Jun 30, 2024: $4,362 million. source
- TTM Net cash provided by operating activities as of Sept 30, 2024: $4,115 million. source
- TTM Net cash provided by operating activities as of Dec 31, 2024: $4,518 million. source
- TTM Net cash provided by operating activities as of Mar 31, 2025: $4,384 million. source
- TTM Net cash provided by operating activities as of Jun 30, 2025: $4,308 million. source
- TTM Net cash provided by operating activities as of Sept 30, 2025: $4,586 million. source
- TTM Net cash provided by operating activities as of Dec 31, 2025: $4,646 million. source
- TTM Net cash provided by operating activities as of Mar 31, 2026: $4,565 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | — | TTM Net cash provided by operating activities as of Sept 30, 2025: $4,586 million. |
| cash | positive | realized | — | TTM Net cash provided by operating activities as of Dec 31, 2025: $4,646 million. |
| cash | negative | realized | — | TTM Net cash provided by operating activities as of Mar 31, 2026: $4,565 million. |
| cash | positive | realized | — | TTM Net cash provided by operating activities as of Jun 30, 2026: $4,860 million. |
| cash | positive | realized | — | TTM Free Cash Flow as of Jun 30, 2024: $4,308 million. |
| cash | negative | realized | — | TTM Free Cash Flow as of Sept 30, 2024: $4,072 million. |
| cash | positive | realized | — | TTM Free Cash Flow as of Dec 31, 2024: $4,484 million. |
| cash | negative | realized | — | TTM Free Cash Flow as of Mar 31, 2025: $4,356 million. |
| cash | positive | realized | — | TTM Free Cash Flow as of Sept 30, 2025: $4,550 million. |
| cash | positive | realized | — | TTM Free Cash Flow as of Dec 31, 2025: $4,613 million. |
| cash | negative | realized | — | TTM Free Cash Flow as of Mar 31, 2026: $4,536 million. |
| cash | positive | realized | — | Net cash provided by operating activities for the three months ended Jun 30, 2024: $1,051 million. |