Airbnb (ABNB) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter decreased compared to the immediately preceding quarter. However, it increased compared to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter decreased compared to the immediately preceding quarter. However, it increased compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
-34.7%
Change from the immediately preceding quarter.
Year-over-year
+16.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $1.8B | +20.5% |
| Jun 30, 2023 | $2.5B | +18.1% |
| Sep 30, 2023 | $3.4B | +17.8% |
| Dec 31, 2023 | $2.2B | +16.6% |
Revenue performance
The reported revenue declined from the prior quarter but rose relative to the same period a year ago. This reflects a mixed sequential and annual performance.
Quarterly comparison
Compared with the preceding quarter, revenue was lower. Versus the same quarter a year earlier, revenue was higher, consistent with the annual trend shown in the data.
What to watch
The filing highlights the company's substantial cash, cash equivalents, and short-term investments as a key liquidity resource.