v3.26.1
SEGMENT AND GEOGRAPHICAL INFORMATION - Schedule of Reconciliation of Total Segment Profit to Income before applicable Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Abstract]            
Total segment gross profit $ 3,133,239   $ 2,527,311   $ 6,022,923 $ 4,805,160
Add: Corporate and other gross profit 32,842   9,219   52,397 20,973
Less: Product development 608,660   725,288   1,647,533 1,485,987
Less: Sales and marketing 664,955   549,731   1,315,463 1,054,191
Less: General and administrative 825,869   449,237   1,683,433 941,034
Less: Transaction, loan, and consumer receivable losses 585,450   294,090   1,085,575 463,779
Less: Amortization of customer and other intangible assets 34,277   33,891   68,436 67,547
Less: Interest expense, net 55,721   23,687   108,916 40,930
Less: Remeasurement loss (gain) on bitcoin investment 88,474 $ 172,818 (212,165) $ 93,351 261,292 (118,814)
Less: Other expense (income), net 1,199   13,389   (4,227) 5,047
Income (loss) before income tax $ 301,476   $ 659,382   $ (91,101) $ 886,432