Airbnb (ABNB, Financial) has announced its financial results for the fourth quarter and full year of 2024. The company reported a revenue of $2.5 billion for Q4, marking a 12% increase compared to the previous year. Net profit for the quarter reached $461 million, achieving a net profit margin of 19%.
In terms of operational performance, Airbnb's adjusted EBITDA for the fourth quarter was $765 million, reflecting a 4% growth year-over-year. The company also generated free cash flow of $458 million during this period, with a free cash flow margin of 18% over the past 12 months.
Additionally, Airbnb executed a stock repurchase program amounting to $838 million in the fourth quarter, demonstrating confidence in its financial health and future prospects.
