CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 602	$ 768
Short-term investments	105	527
Accounts receivable, net	181	149
Mortgage loans held for sale	423	386
Prepaid expenses and other current assets	459	287
Restricted cash	6	5
Total current assets	1,776	2,122
Contract cost assets	26	27
Property and equipment, net	355	350
Right of use assets	56	56
Goodwill	2,823	2,823
Intangible assets, net	254	279
Other assets	37	28
Total assets	5,327	5,685
Current liabilities:
Accounts payable	73	36
Accrued expenses and other current liabilities	393	134
Accrued compensation and benefits	83	62
Borrowings under master repurchase agreements	392	364
Deferred revenue	53	69
Lease liabilities, current portion	16	14
Total current liabilities	1,010	679
Lease liabilities, net of current portion	72	79
Other long-term liabilities	16	43
Total liabilities	1,098	801
Commitments and contingencies (Note 11)
Shareholders’ equity:
Preferred stock, $0.0001 par value; authorized — 30,000,000 shares; no shares issued and outstanding	0	0
Additional paid-in capital	6,206	6,741
Accumulated other comprehensive income (loss)	(2)	2
Accumulated deficit	(1,975)	(1,859)
Total shareholders’ equity	4,229	4,884
Total liabilities and shareholders’ equity	5,327	5,685
Class A common stock
Shareholders’ equity:
Common stock/capital stock	$ 0	$ 0
Common stock, outstanding (in shares)	41,398,278	46,233,920
Common stock, issued (in shares)	41,398,278	46,233,920
Common stock, par value (usd per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	1,245,000,000	1,245,000,000
Class B common Stock
Shareholders’ equity:
Common stock/capital stock	$ 0	$ 0
Common stock, outstanding (in shares)	6,217,447	6,217,447
Common stock, issued (in shares)	6,217,447	6,217,447
Common stock, par value (usd per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	15,000,000	15,000,000
Common Class C [Member]
Shareholders’ equity:
Common stock/capital stock	$ 0	$ 0
Common stock, outstanding (in shares)	177,988,795	187,994,150
Common stock, issued (in shares)	177,988,795	187,994,150
Common stock, par value (usd per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	600,000,000	600,000,000

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current.