v3.26.1
FINANCIAL STATEMENT DETAILS (Tables)
 6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the balance sheet to the total amounts shown in the statement of cash flows:
June 30, 2026December 31, 2025June 30, 2025December 31, 2024
(In thousands)
Cash and cash equivalents$1,113,008 $941,311 $1,076,944 $1,363,547 
Restricted cash included in other current assets— — — 7,195 
Restricted cash included in other non-current assets7,718 7,861 7,888 — 
Cash, cash equivalents, and restricted cash included in current assets of discontinued operations— 37,659 18,627 436,402 
Restricted cash included in other non-current assets of discontinued operations— — — 111 
Total cash and cash equivalents and restricted cash as shown on the statement of cash flows$1,120,726 $986,831 $1,103,459 $1,807,255 
The following table presents the cash and cash equivalents by geographic location:
June 30, 2026December 31, 2025June 30, 2025December 31, 2024
(In thousands)
Cash and cash equivalents at People Inc.:
United States$307,772 $261,904 $241,477 $230,436 
All other countries22,496 22,414 21,258 19,491 
Total cash and cash equivalents at People Inc.
330,268 284,318 262,735 249,927 
Cash and cash equivalents at entities excluding People Inc.
United States780,272 653,480 799,224 1,086,888 
All other countries2,468 3,513 14,985 26,732 
Total cash and cash equivalents at entities excluding People Inc.
782,740 656,993 814,209 1,113,620 
Total cash and cash equivalents$1,113,008 $941,311 $1,076,944 $1,363,547 
Schedule of Restricted Cash
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the balance sheet to the total amounts shown in the statement of cash flows:
June 30, 2026December 31, 2025June 30, 2025December 31, 2024
(In thousands)
Cash and cash equivalents$1,113,008 $941,311 $1,076,944 $1,363,547 
Restricted cash included in other current assets— — — 7,195 
Restricted cash included in other non-current assets7,718 7,861 7,888 — 
Cash, cash equivalents, and restricted cash included in current assets of discontinued operations— 37,659 18,627 436,402 
Restricted cash included in other non-current assets of discontinued operations— — — 111 
Total cash and cash equivalents and restricted cash as shown on the statement of cash flows$1,120,726 $986,831 $1,103,459 $1,807,255 
Schedule of Credit Losses
The following table presents the changes in the allowance for credit losses:
Six Months Ended June 30,
20262025
(In thousands)
Balance at January 1$8,706 $6,677 
Current period provision for credit losses 2,695 1,915 
Write-offs charged against the allowance(6,175)(2,981)
Recoveries collected19 53 
Balance at June 30$5,245 $5,664 
Schedule of Accumulated Depreciation and Amortization
The following table provides the accumulated depreciation and amortization within the balance sheet:
Asset CategoryJune 30, 2026December 31, 2025
(In thousands)
Buildings, equipment, leasehold improvements and capitalized software$202,259 $189,604 
Intangible assets$665,478 $636,394 
Schedule of Other Income, Net
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In thousands)
Interest income$9,103 $11,176 $18,632 $25,533 
Gain on sale of an unutilized domain name— — 7,500 — 
Net downward adjustments to the carrying value of equity securities without readily determinable fair values and net gains on sales of investments and businesses— (11,219)(4,574)(18,845)
Other1,449 2,839 3,072 3,740 
Other income, net$10,552 $2,796 $24,630 $10,428