v3.26.1
SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our chief operating decision maker (“CODM”), our Chief Executive Officer, manages the business and evaluates operating performance based on consolidated net income. Our CODM uses consolidated net income to monitor budget versus actual results. We operate as one segment and have one reportable segment that constitutes consolidated results.

The following table sets forth our segment information for revenue, segment profit (loss), and significant expenses:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In millions)
Net revenues$8,682 $8,288 $17,035 $16,079 
Less (add):
Transaction expense4,385 3,968 8,550 7,672 
Transaction losses323 383 599 661 
Credit losses74 93 176 186 
Customer support and operations(1)
462 413 908 811 
Sales and marketing(1)
546 583 1,064 1,071 
Technology and development(1)
849 767 1,642 1,498 
General and administrative(1)
503 461 994 964 
Restructuring and other113 116 187 182 
Other income (expense), net117 (25)212 (98)
Income tax expense206 268 486 584 
Segment net income (loss)$1,104 $1,261 $2,217 $2,548 
(1) Includes depreciation and amortization expense. For the three and six months ended June 30, 2026, total depreciation and amortization expense was $246 million and $484 million, respectively. For the three and six months ended June 30, 2025, total depreciation and amortization expense was $239 million and $484 million, respectively.

There are no reconciling items or adjustments between segment net revenues, net income, total assets and consolidated net revenues, net income, and total assets. For disclosure of geographical information, please refer to “Note 2—Revenue”.