| Schedule of Basic and Diluted Net Income (Loss) Per Share Attributable to Common Stockholders |
The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in thousands, except per share data): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | Basic EPS: | | | | | | | | Numerator: | | | | | | | | | Net income from continuing operations | $ | 1,266,538 | | | $ | 771,856 | | | $ | 2,472,151 | | | $ | 1,495,394 | | | Less: income attributable to participating securities | — | | | (194) | | | — | | | (374) | | Net income from continuing operations attributable to common stockholders - Basic | 1,266,538 | | | 771,662 | | | 2,472,151 | | | 1,495,020 | | Income (loss) from discontinued operations, net of income taxes, attributable to common stockholders - Basic | — | | | 47,663 | | | — | | | (99,420) | | | Net income attributable to common stockholders - Basic | $ | 1,266,538 | | | $ | 819,325 | | | $ | 2,472,151 | | | $ | 1,395,600 | | Denominator: | | | | | | | | Weighted-average shares used in computing net income (loss) per share - Basic | 335,800 | | | 338,617 | | | 336,595 | | | 339,224 | | | Net income (loss) per share attributed to Class A and Class B common stockholders - Basic: | | Continuing operations | $ | 3.77 | | | $ | 2.28 | | | $ | 7.34 | | | $ | 4.41 | | | Discontinued operations | — | | | 0.14 | | | — | | | (0.30) | | | Basic net income per share | $ | 3.77 | | | $ | 2.42 | | | $ | 7.34 | | | $ | 4.11 | | | | | | | | | | Diluted EPS: | | | | | | | | Numerator: | | | | | | | | | Net income from continuing operations attributable to common stockholders - Basic | $ | 1,266,538 | | | $ | 771,662 | | | $ | 2,472,151 | | | $ | 1,495,020 | | | Re-allocation of participating securities considered potentially dilutive securities | — | | | 2 | | | — | | | 5 | | | Net income from continuing operations attributable to common stockholders - Diluted | 1,266,538 | | | 771,664 | | | 2,472,151 | | | 1,495,025 | | Income (loss) from discontinued operations, net of income taxes, attributable to common stockholders - Diluted | — | | | 47,663 | | | — | | | (99,420) | | | Net income attributable to common stockholders - Diluted | $ | 1,266,538 | | | $ | 819,327 | | | $ | 2,472,151 | | | $ | 1,395,605 | | Denominator: | | | | | | | | | Weighted-average shares used in computing net income (loss) per share - Basic | 335,800 | | | 338,617 | | | 336,595 | | | 339,224 | | | Weighted-average dilutive stock awards | 1,231 | | | 3,577 | | | 1,280 | | | 4,305 | | | Weighted-average shares used in computing net income (loss) per share - Diluted | 337,031 | | | 342,194 | | | 337,875 | | | 343,529 | | | Net income (loss) per share attributed to Class A and Class B common stockholders - Diluted: | | Continuing operations | $ | 3.76 | | | $ | 2.26 | | | $ | 7.32 | | | $ | 4.35 | | | Discontinued operations | — | | | 0.13 | | | — | | | (0.29) | | | Diluted net income per share | $ | 3.76 | | | $ | 2.39 | | | $ | 7.32 | | | $ | 4.06 | | | | | | | | | | | | | | | As of June 30, | | | | | | 2026 | | 2025 | | Anti-dilutive potential common stock excluded | | | | | 107 | | | 148 | |
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