01—Abstract
Summary
Summary of the 8-K filed August 12, 2021. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing from Airbnb, Inc. (ABNB), dated August 12, 2021, primarily serves to announce the company's financial results for the second quarter ended June 30, 2021.
The core of the announcement is a Shareholder Letter, which provides details on the company's performance during the quarter and includes a conference call for further discussion. Investors should note that Airbnb is utilizing non-GAAP financial measures in its reporting, and a reconciliation to GAAP equivalents is provided within the furnished Shareholder Letter. This filing indicates that the detailed financial performance and operational insights are contained within the accompanying Shareholder Letter (Exhibit 99.1), which is the primary document for analyzing the Q2 2021 results.
02—Key points
Key Highlights
- Airbnb announced its financial results for the second quarter ended June 30, 2021, via a Shareholder Letter.
- A conference call was scheduled for August 12, 2021, at 2:00 p.m. PST to discuss Q2 2021 financial results.
- The Shareholder Letter (Exhibit 99.1) is the primary document containing detailed Q2 2021 financial information.
- Airbnb is referencing non-GAAP financial measures in its earnings report.
- A reconciliation of non-GAAP financial measures to their nearest GAAP equivalents is provided in the Shareholder Letter.
- The information furnished in this 8-K is not deemed "filed" under Section 18 of the Exchange Act, which limits its liability implications.
03—Questions
Frequently Asked Questions
Where can I find the detailed Q2 2021 financial results for Airbnb?
The detailed financial results for the second quarter ended June 30, 2021, are provided in the Shareholder Letter, furnished as Exhibit 99.1 to this 8-K filing.
Does Airbnb use GAAP or non-GAAP financial measures?
Airbnb is referencing non-GAAP financial measures in its Q2 2021 results. A reconciliation of these non-GAAP measures to their nearest GAAP equivalents is available in the Shareholder Letter (Exhibit 99.1).
What is the significance of the information being "furnished" rather than "filed"?
When information is "furnished" under Item 2.02, it means the company is providing the information but is not subject to the same liabilities under Section 18 of the Securities Exchange Act of 1934 as if it were "filed". This is a common practice for earnings releases attached to 8-Ks.
04—Continue