Supplemental Financial Statement Information (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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| Schedule of Cash and Cash Equivalents |
The following table reconciles cash, cash equivalents, and restricted cash reported on the Company’s unaudited condensed consolidated balance sheets to the total amount presented in the unaudited condensed consolidated statements of cash flows (in millions):
| | | | | | | | | | December 31,
2025 | June 30,
2026 | | Cash and cash equivalents | $ | 6,560 | | $ | 6,821 | | | Cash and cash equivalents included in funds receivable and amounts held on behalf of customers | 6,891 | | 12,161 | | Restricted cash included in prepaids and other current assets | 35 | | 67 | | Total cash, cash equivalents, and restricted cash | $ | 13,486 | | $ | 19,049 | |
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| Schedule of Restricted Cash |
The following table reconciles cash, cash equivalents, and restricted cash reported on the Company’s unaudited condensed consolidated balance sheets to the total amount presented in the unaudited condensed consolidated statements of cash flows (in millions):
| | | | | | | | | | December 31,
2025 | June 30,
2026 | | Cash and cash equivalents | $ | 6,560 | | $ | 6,821 | | | Cash and cash equivalents included in funds receivable and amounts held on behalf of customers | 6,891 | | 12,161 | | Restricted cash included in prepaids and other current assets | 35 | | 67 | | Total cash, cash equivalents, and restricted cash | $ | 13,486 | | $ | 19,049 | |
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| Schedule of Supplemental Disclosures of Cash Flow Information |
Cash flow information consisted of the following (in millions):
| | | | | | | | | | Six Months Ended
June 30, | | 2025 | 2026 | Cash paid for income taxes, net of refunds | $ | 168 | | $ | 158 | | | Cash paid for interest | $ | 2 | | $ | 3 | | | | | | | | | | |
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| Schedule of Accounts, Notes, Loans and Financing Receivable |
Customer receivables, net recorded in prepaids and other current assets on the condensed consolidated balance sheets consisted of the following (in millions):
| | | | | | | | | | December 31,
2025 | June 30,
2026 | | Customer receivables | $ | 225 | | $ | 245 | | | Customer receivables reserve | (39) | | (36) | | Customer receivable, net | $ | 186 | | $ | 209 | |
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| Schedule of Supplemental Balance Sheet Information |
Accrued expenses, accounts payable, and other current liabilities consisted of the following (in millions):
| | | | | | | | | | December 31,
2025 | June 30,
2026 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Lodging taxes and indirect tax obligations | $ | 1,132 | | $ | 1,357 | | | Compensation and employee benefits | 593 | | 495 | | | Accounts payable | 232 | | 144 | | | | | | | | | | | | | | | | | | | | | | | | | | | Operating lease liabilities, current | 68 | | 20 | | Other | 923 | | 1,021 | | | Accrued expenses, accounts payable, and other current liabilities | $ | 2,948 | | $ | 3,037 | |
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| Schedule of Revenue Disaggregated by Listing Location |
The following table presents revenue disaggregated by listing location (in millions):
| | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2025 | 2026 | | 2025 | 2026 | | North America | $ | 1,377 | | $ | 1,594 | | | $ | 2,431 | | $ | 2,732 | | Europe, the Middle East, and Africa | 1,233 | | 1,425 | | | 1,830 | | 2,172 | | | Latin America | 231 | | 291 | | | 574 | | 742 | | | Asia Pacific | 255 | | 298 | | | 533 | | 640 | | | Total revenue disaggregated by geographic region | $ | 3,096 | | $ | 3,608 | | | $ | 5,368 | | $ | 6,286 | |
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