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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Revenue $ 5,957,128 $ 4,990,131
Cost of revenue:    
Amortization of acquired technology assets 18,027 18,508
Total cost of revenue 3,862,655 3,275,547
Gross profit 2,094,473 1,714,584 Close
Operating expenses:    
Product development 720,574 626,937
Sales and marketing 443,885 496,011
General and administrative 471,260 432,825
Transaction, loan, and consumer receivable losses 165,729 127,896
Amortization of customer and other acquired intangible assets 43,282 37,087
Total operating expenses 1,844,730 1,720,756 Close
Operating income (loss) 249,743 (6,172) Close
Interest income, net (18,745) (3,161) Close
Other income, net (237,824) (77,717) CloseClose
Total Other Income Expenses -256569.0 -80878.0 0.0 0 0 Close
Income before income tax 506,312 74,706 CloseClose
Provision (benefit) for income taxes 35,492 (21,122) Close
Net income 470,820 95,828 Close
Less: Net loss attributable to noncontrolling interests (1,185) (2,488)
Net income attributable to common stockholders $ 472,005 $ 98,316
Net income per share attributable to common stockholders:    
Basic (in USD per share) $ 0.77 $ 0.16
Diluted (in USD per share) $ 0.74 $ 0.16
Weighted-average shares used to compute net income per share attributable to common stockholders:    
Basic (in shares) 616,401 602,234
Diluted (in shares) 637,360 623,579
Transaction-based    
Revenue:    
Revenue $ 1,511,209 $ 1,422,705
Cost of revenue:    
Cost of revenue 873,165 820,787
Subscription and services based    
Revenue:    
Revenue 1,682,294 1,366,224
Cost of revenue:    
Cost of revenue 269,668 264,092
Hardware    
Revenue:    
Revenue 32,501 37,451
Cost of revenue:    
Cost of revenue 50,785 58,785
Bitcoin    
Revenue:    
Revenue 2,731,124 2,163,751
Cost of revenue:    
Cost of revenue $ 2,651,010 $ 2,113,375