v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net Revenue $ 9,277 $ 8,133 $ 17,675 $ 15,383
Operating Expenses:        
General and administrative 3,082 2,766 6,121 5,289
Advertising and marketing 217 213 370 365
Depreciation and amortization 309 281 608 556
Provision for litigation 82 96 82 247
Total operating expenses 3,690 3,356 7,181 6,457
Operating income 5,587 4,777 10,494 8,926
Other Income (Expense):        
Investment income 88 70 169 158
Gains (losses) on equity investments, net (2) 4 (68) (25)
Interest expense (218) (195) (403) (377)
Other income (expense), net 31 16 106 21
Total other income (expense) (101) (105) (196) (223)
Income before income taxes 5,486 4,672 10,298 8,703
Income tax expense 1,098 971 2,028 1,722
Net Income $ 4,388 $ 3,701 $ 8,270 $ 6,981
Basic Earnings per Share (in dollars per share) $ 4.98 $ 4.08 $ 9.33 $ 7.67
Basic weighted-average shares outstanding (in shares) 882 908 887 910
Diluted Earnings per Share (in dollars per share) $ 4.97 $ 4.07 $ 9.32 $ 7.66
Diluted weighted-average shares outstanding (in shares) 883 909 888 911