v3.26.1
Segments (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following table presents a disaggregation of the Company’s consolidated net income:
Three Months Ended June 30,Six Months Ended June 30,
(in millions)2026202520262025
Payments-based revenue$1,073 $868 $1,990 $1,624 
TFS revenue117 — 219 — 
Subscription and other revenue105 98 207 190 
Network fees*(671)(553)(1,243)(1,032)
Other costs of sales* (exclusive of depreciation of equipment under lease)(178)(121)(335)(233)
General and administrative expenses:
Employee and other general and administrative expenses*(186)(108)(371)(227)
Equity-based compensation*(31)(15)(48)(42)
Rent, office, occupancy and equipment expenses*(14)(8)(28)(15)
Revaluation of contingent liabilities— 1 — 4 
Depreciation and amortization expense* (a)
(94)(57)(188)(113)
Professional expenses*(15)(15)(36)(34)
Advertising and marketing expenses*(11)(7)(22)(14)
Loss on extinguishment of debt— (3)— (3)
Interest income3 19 8 32 
Other income (expense), net2 (3)— (4)
Gain on investments in securities2 — 2 — 
Change in TRA liability— (1)— 2 
Interest expense*(65)(39)(130)(68)
Income tax benefit (expense)(13)(15)11 (6)
Net income$24 $41 $36 $61 
*    Denotes a significant segment expense reviewed by the CODM.
(a)Depreciation and amortization expense includes depreciation of equipment under lease of $26 million and $48 million for the three and six months ended June 30, 2026, respectively, and $17 million and $33 million for the three and six months ended June 30, 2025, respectively.