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
Revenues        
Revenue $ 3,608 $ 3,096 $ 6,286 $ 5,368
Costs and expenses:        
Cost of revenue 633 544 1,214 1,050
Operations and support 361 332 687 635
Product development 672 610 1,310 1,178
Sales and marketing 875 691 1,626 1,254
General and administrative 309 307 605 601
Total costs and expenses 2,850 2,484 5,442 4,718
Income from operations 758 612 844 650
Interest income 183 190 338 363
Interest expense (37) (6) (58) (11)
Other income (expense), net (7) (17) 54 (50)
Income before income taxes 897 779 1,178 952
Provision for income taxes 81 137 202 156
Net income $ 816 $ 642 $ 976 $ 796
Net income per share attributable to Class A and Class B common stockholders:        
Basic (in USD per share) $ 1.38 $ 1.04 $ 1.64 $ 1.29
Diluted (in USD per share) $ 1.37 $ 1.03 $ 1.62 $ 1.27
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders:        
Basic (in shares) 592 615 595 618
Diluted (in shares) 597 626 602 629