Reconciliations of net income and weighted-average shares of common stock outstanding for purposes of calculating basic and diluted net income per share follow: | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | | | | March 31, | | | | | | | | 2026 | | 2025 | | | Net income | | | | | $ | 1,387 | | | $ | 793 | | | | Net income attributable to noncontrolling interests | | | | | (506) | | | (441) | | | | | | | | | | | | | Undistributed dividends and earnings allocated to participating securities | | | | | (7) | | | (6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net income attributable to common stockholders | | | | | $ | 874 | | | $ | 346 | | | | | | | | | | | | | | | | | | | | | Basic weighted-average shares of common stock outstanding | | | | | 1,439 | | | 1,438 | | | | Add shares issuable upon exercise or vesting of dilutive stock options and restricted stock units (RSUs) | | | | | 5 | | a | 6 | | | Diluted weighted-average shares of common stock outstanding | | | | | 1,444 | | | 1,444 | | | | | | | | | | | | | Net income per share attributable to common stockholders: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Basic | | | | | $ | 0.61 | | | $ | 0.24 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted | | | | | $ | 0.61 | | | $ | 0.24 | | |
a.Excludes approximately 1 million shares of common stock associated with RSUs that were anti-dilutive.
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