Airbnb, Inc. · NASDAQ:ABNB
Airbnb — Q2 2022 Earnings Presentation
9 slides from Airbnb's earnings presentation, Aug 2, 2022
Slide 1: Nights and Experiences Booked
Q2 2022 Nights and Experiences Booked In Q2 2022, Nights and Experiences Booked remained strong, showing strong growth over pre-pandemic levels, driven by North America, EMEA and Latin America. 103.7M 25% Y/Y 24% Y/3Y Gross Booking Value (GBV) Strong growth in Nights and Experiences Booked combined
Slide 2: Airbnb Categories and AirCover for Hosts
Airbnb Categories introduced a new way to search, enabling guests to discover new and unique homes they might otherwise miss. AirCover Last year, we introduced AirCover for Hosts. Since then, we have received overwhelmingly positive feedback. For Hosts with an AirCover reimbursement request, the net
Slide 3: AirCover is free, comprehensive protection for guests
AirCover is free, comprehensive protection that gives guests the confidence of knowing that if something goes wrong, we have their backs.
Slide 4: Ricardo's double decker Camper Bus in Leiria, Portugal
Hosting since 2019 Ricardo happily welcomes guests to his double decker Camper Bus in Leiria, Portugal—just one of the many OMG! Listings on Airbnb. After finding a rusty bus abandoned on a road, Ricardo and his family transformed it into a one-of-a-kind Airbnb that garners rave reviews. Everything
Slide 5: Net Income (Loss) ($M)
Quarterly Net Income (Loss) ($M) Most profitable Q2 ever with $379 million of net income.
Slide 6: Adjusted EBITDA ($M)
Quarterly Adjusted EBITDA ($M) Q2 2022 Adjusted EBITDA of $711 million demonstrated the strength of the business and cost discipline.
Slide 7: Net Cash Provided by (Used in) Operating Activities ($M)
Quarterly Net Cash Provided by (Used in) Operating Activities ($M) Q2 cash provided by operating activities was $800 million.
Slide 8: Free Cash Flow ($M)
Quarterly Free Cash Flow ($M) We generated $795 million of Free Cash Flow and $2.9 billion of TTM Free Cash Flow.
Slide 9: Balance Sheet and Cash Flows
Balance Sheet and Cash Flows For the three months ended June 30, 2022, we reported $800 million of net cash provided by operating activities and $795 million of FCF. 5 The year-over-year increase in FCF was driven by revenue growth and margin expansion, as well as bookings growth driving increased u