As of Q4'25, ABNB reported an Operating Cash Flow of USD 526M and a Free Cash Flow of USD 526M, marking a decrease from the previous quarter. This latest data point reflects a seasonal dip typically seen in year-end quarters. From Q1'23 to Q4'25, both Operating and Free Cash Flow for ABNB exhibit a recurring seasonal pattern, with peaks in the first and third quarters (reaching as high as USD 1.92B in Q1'24) and troughs in the fourth quarter (such as USD 63M in Q4'23). The overall trend remains positive, with cash flows consistently rebounding after each Q4 low, indicating strong underlying cash generation despite periodic fluctuations.