v3.26.1
CONDENSED 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
Revenue:        
Total revenue $ 1,908 $ 1,550 $ 3,538 $ 2,887
Costs of revenue:        
Amortization of acquired intangible assets 1 1 2 2
Total costs of revenue 1,392 1,158 2,575 2,149
Gross profit 516 392 963 738
Operating expenses:        
Sales and marketing 166 141 322 274
Research and development 109 91 206 175
General and administrative 89 79 173 158
Restructuring expenses 0 1 0 8
Total operating expenses 364 312 701 615
Operating income 152 80 262 123
Other income:        
Interest income, net 11 11 24 23
Change in fair value of warrant liability (1) (8) 7 (5)
Income before taxes 162 83 293 141
Income tax expense (8) (3) (13) (5)
Net income $ 154 $ 80 $ 280 $ 136
Earnings per share:        
Basic (in dollars per share) $ 0.27 $ 0.14 $ 0.48 $ 0.24
Diluted (in dollars per share) $ 0.26 $ 0.13 $ 0.46 $ 0.23
Weighted-average shares used in computing earnings per share:        
Basic (in shares) 578 580 583 577
Diluted (in shares) 590 605 596 604
Subscription services        
Revenue:        
Total revenue $ 290 $ 227 $ 558 $ 436
Costs of revenue:        
Cost of revenue 64 64 124 130
Financial technology solutions        
Revenue:        
Total revenue 1,570 1,276 2,893 2,358
Costs of revenue:        
Cost of revenue 1,211 992 2,222 1,823
Hardware and professional services        
Revenue:        
Total revenue 48 47 87 93
Costs of revenue:        
Cost of revenue $ 116 $ 101 $ 227 $ 194