v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Revenue $ 738,426 $ 715,183 $ 2,210,713 $ 2,104,458
Cost of revenue, excluding technology costs 316,389 313,074 961,834 914,899
Technology costs 176,272 168,009 522,752 515,810
Selling, general and administrative 136,409 140,475 408,071 399,595
Operating income 109,356 93,625 318,056 274,154
Other expense:        
Interest expense, net (123,393) (111,312) (370,124) (332,346)
Loss on extinguishment of debt 0 0 (2,958) (85,182)
Equity method income 593 377 1,739 1,780
Other, net (15,860) 6,929 (2,698) 6,432
Total other expense, net (138,660) (104,006) (374,041) (409,316)
Loss from continuing operations before income taxes (29,304) (10,381) (55,985) (135,162)
(Benefit) provision for income taxes (3,273) (58,546) (2,975) 21,068
(Loss) income from continuing operations (26,031) 48,165 (53,010) (156,230)
Income (loss) from discontinued operations, net of tax 483 800,313 (685) 783,725
Net (loss) income (25,548) 848,478 (53,695) 627,495
Net (loss) attributable to noncontrolling interests (386) (266) (498) (221)
(Loss) income attributable to common stockholders $ (25,162) $ 848,744 $ (53,197) $ 627,716
Basic net loss per share attributable to common stockholders:        
(Loss) income from continuing operations (in dollars per share) $ (0.06) $ 0.12 $ (0.13) $ (0.40)
Income from discontinued operations (in dollars per share) 0 2.03 0 2.01
Net (loss) income per common share (in dollars per share) (0.06) 2.15 (0.13) 1.61
Diluted net loss per share attributable to common stockholders:        
(Loss) income from continuing operations (in dollars per share) (0.06) 0.12 (0.13) (0.40)
Income from discontinued operations (in dollars per share) 0 1.86 0 2.01
Net (loss) income per common share (in dollars per share) $ (0.06) $ 1.98 $ (0.13) $ 1.61
Weighted-average common shares outstanding:        
Basic (in shares) 403,618 394,580 399,406 390,616
Diluted (in shares) 403,618 429,253 399,406 390,616