7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 
      
    		                  
      cash flows from operating activities:
    		                  
      net income
    		642,000,000 154,000,000 461,000,000 1,368,000,000 555,000,000 264,000,000 -349,000,000 4,374,000,000 650,000,000 117,000,000 318,663,000 1,214,288,000 378,841,000 -18,792,000 54,501,000 833,893,000 -68,217,000 -1,172,211,000 
      adjustments to reconcile net income to cash from operating activities:
    		                  
      stock-based compensation expense
    		424,000,000 358,000,000 368,000,000 362,000,000 382,000,000 295,000,000 290,000,000 286,000,000 304,000,000 240,000,000 253,608,000 234,364,000 247,105,000 194,923,000 225,704,000 210,789,000 232,863,000 229,474,000 
      deferred income taxes
    		  129,000,000 239,000,000   -116,000,000            
      other
    		74,000,000 71,000,000 -18,000,000 -11,000,000 57,000,000 4,000,000 43,000,000 11,000,000 0 29,000,000 -3,043,000 1,139,000 -4,575,000 14,479,000 5,846,000 1,944,000 -2,561,000 6,978,000 
      changes in operating assets and liabilities:
    		                  
      prepaids and other assets
    		-196,000,000 -79,000,000 -141,000,000 83,000,000 -118,000,000 13,000,000 -46,000,000 27,000,000 -52,000,000 -31,000,000 -41,015,000 1,733,000 -168,000,000 -18,718,000 2,817,000 -10,791,000 -47,049,000 672,000 
      accrued expenses and other liabilities
    		-145,000,000 155,000,000 -322,000,000 -12,000,000 -95,000,000 325,000,000 259,000,000 188,000,000 -93,000,000 226,000,000 11,944,000 189,819,000 -50,685,000 121,922,000 -12,412,000 12,067,000 125,626,000 39,849,000 
      unearned fees
    		131,000,000 1,105,000,000 -33,000,000 -966,000,000 191,000,000 1,008,000,000 -42,000,000 -879,000,000 174,000,000 989,000,000 -38,618,000 -759,703,000 234,302,000 844,019,000 11,319,000 -591,496,000 537,661,000 538,332,000 
      net cash from operating activities
    		975,000,000 1,789,000,000 466,000,000 1,078,000,000 1,051,000,000 1,923,000,000 63,000,000 1,325,000,000 909,000,000 1,587,000,000 462,698,000 965,563,000 799,747,000 1,201,992,000 380,849,000 523,178,000 791,299,000 494,368,000 
      capex
    		0 0 0 0 0 0 0 -15,000,000 -9,000,000 -6,000,000 -8,394,000 -5,599,000 -5,048,000 -5,959,000 -4,458,000 -5,506,000 -7,652,000 -7,706,000 
      free cash flows
    		975,000,000 1,789,000,000 466,000,000 1,078,000,000 1,051,000,000 1,923,000,000 63,000,000 1,310,000,000 900,000,000 1,581,000,000 454,304,000 959,964,000 794,699,000 1,196,033,000 376,391,000 517,672,000 783,647,000 486,662,000 
      cash flows from investing activities:
    		                  
      purchases of short-term investments
    		-877,000,000 -766,000,000 -697,000,000 -929,000,000 -694,000,000 -826,000,000 -943,000,000 -674,000,000 -597,000,000 -1,094,000,000         
      sales and maturities of short-term investments
    		809,000,000 623,000,000 526,000,000 731,000,000 592,000,000 756,000,000 552,000,000 325,000,000 586,000,000 917,000,000         
      other investing activities
    		-23,000,000 -8,000,000 -49,000,000 -4,000,000 -8,000,000 -14,000,000     227,000 620,000 0 -2,847,000     
      net cash from investing activities
    		-91,000,000 -151,000,000 -220,000,000 -202,000,000 -110,000,000 -84,000,000 -475,000,000 -364,000,000 -20,000,000 -183,000,000 -143,271,000 -55,760,000 368,001,000 -196,970,000 -329,436,000 -175,749,000 325,516,000 -1,172,286,000 
      cash flows from financing activities:
    		                  
      change in funds payable and amounts payable to customers
    		1,436,000,000 3,074,000,000 -345,000,000 -3,989,000,000 1,661,000,000 2,993,000,000 -260,000,000 -3,075,000,000 1,358,000,000 2,913,000,000 -197,344,000 -2,429,898,000 1,560,607,000 2,396,635,000 -183,387,000 -2,334,237,000 2,279,750,000 1,863,712,000 
      repurchases of common stock
    		-1,010,000,000 -807,000,000  -1,093,000,000 -749,000,000 -750,000,000  -500,000,000 -507,000,000 -493,000,000 -500,000,000        
      taxes paid related to net share settlement of equity awards
    		-143,000,000 -152,000,000  -113,000,000 -154,000,000 -155,000,000 -201,000,000 -151,000,000 -721,000,000 -151,000,000 -115,634,000 -146,807,000 -139,791,000 -204,768,000    -15,054,000 
      proceeds from exercise of equity awards and employee stock purchase plan
    		  61,000,000 8,000,000               
      net cash from financing activities
    		328,000,000 2,145,000,000 -1,330,000,000 -5,187,000,000 811,000,000 2,134,000,000 -1,171,000,000 -3,712,000,000 167,000,000 2,286,000,000 -764,430,000 -3,574,056,000 1,445,967,000 2,203,519,000 -146,487,000 -2,323,426,000 2,333,538,000 1,567,534,000 
      effect of exchange rate changes on cash, cash equivalents, and restricted cash
    		482,000,000 207,000,000 -354,000,000 319,000,000 -91,000,000 -111,000,000 162,000,000 -142,000,000 53,000,000 79,000,000 288,910,000 -318,025,000 -311,283,000 3,398,000 -50,855,000 -103,252,000 16,533,000 -72,287,000 
      net increase in cash, cash equivalents, and restricted cash
    		1,694,000,000 3,990,000,000 -1,438,000,000 -3,992,000,000 1,661,000,000 3,862,000,000 -1,421,000,000 -2,893,000,000 1,109,000,000 3,769,000,000 -156,093,000 -2,982,278,000 2,302,432,000 3,211,939,000 -145,929,000 -2,079,249,000 3,466,886,000 817,329,000 
      cash, cash equivalents, and restricted cash, beginning of period
    		0 12,760,000,000  0 0 12,667,000,000  0 0 12,103,000,000  0 0 9,727,289,000  0 0 7,668,252,000 
      cash, cash equivalents, and restricted cash, end of period
    		1,694,000,000 16,750,000,000  -3,992,000,000 1,661,000,000 16,529,000,000  -2,893,000,000 1,109,000,000 15,872,000,000  -2,982,278,000 2,302,432,000 12,939,228,000  -2,079,249,000 3,466,886,000 8,485,581,000 
      depreciation and amortization
    		 25,000,000 22,000,000 15,000,000 14,000,000 14,000,000 16,000,000 8,000,000 9,000,000 11,000,000 12,948,000 12,815,000 26,005,000 29,232,000 30,844,000 33,687,000 35,536,000 38,252,000 
      proceeds from exercise of equity awards
    		 30,000,000    46,000,000             
      impairment of long-lived assets
    		          2,150,000 101,000   0 0 0 112,545,000 
      changes in operating assets and liabilities, net of acquisitions:
    		                  
      taxes paid related to tax on equity awards
    		                  
      share repurchases
    		                  
      cash, cash equivalents, and restricted cash, beginning of year
    		                  
      cash, cash equivalents, and restricted cash, end of year
    		                  
      supplemental disclosures of cash flow information:
    		                  
      cash paid for income taxes, net of refunds
    		     29,000,000  19,000,000 39,000,000 11,000,000 16,205,000 24,272,000 12,817,000 14,706,000 2,992,000 2,555,000 5,437,000 6,307,000 
      loss on warrants
    		                  
      income from extinguishment of debt
    		              0 0 0 377,248,000 
      principal repayment of long-term debt
    		              0 0 0 -1,995,000,000 
      prepayment penalty on long-term debt
    		              0 0 0 -212,883,000 
      proceeds from issuance of convertible senior notes, net of issuance costs
    		              0 0 0 1,979,166,000 
      purchases of capped calls related to convertible senior notes
    		              0 0 0 -100,200,000 
      repurchase of common stock
    		                  
      foreign exchange (gain) loss
    		       -3,000,000 -29,000,000 -17,000,000   23,387,000 14,854,000 17,026,000    
      operating lease right-of-use assets
    		       7,000,000 8,000,000 -1,000,000 13,776,000 9,170,000 8,975,000 9,079,000 -3,346,000 8,794,000 12,246,000 7,462,000 
      accounts payable
    		       65,000,000 -62,000,000 24,000,000 -19,219,000 15,953,000 12,996,000 10,270,000 21,912,000 -75,000 -19,217,000 37,326,000 
      purchases of property and equipment
    		       -15,000,000 -9,000,000 -6,000,000 -8,394,000 -5,599,000 -5,048,000 -5,959,000 -4,458,000 -5,506,000 -7,652,000 -7,706,000 
      proceeds from exercise of stock options
    		       14,000,000 6,000,000 17,000,000 20,878,000 2,649,000 4,821,000 11,652,000 32,984,000 20,733,000 36,062,000 47,793,000 
      proceeds from the issuance of common stock under employee stock purchase plan
    		       0   27,670,000 0   25,157,000 0   
      cash paid for interest
    		       1,000,000 0 1,000,000 376,000 1,445,000 3,579,000 2,600,000 2,175,000 2,670,000 2,097,000 42,950,000 
      non-cash financing activities:
    		                  
      net settlement of cashless stock options exercised
    		                  
      net settlement of cashless warrants exercised
    		                  
      non-cash financing activities
    		                  
      net settlement of cashless stock option exercises
    		                  
      bad debt expense
    		          16,353,000 12,377,000 10,971,000 9,299,000 10,326,000 7,337,000 2,317,000 7,305,000 
      impairment of investments
    		                  
      (gain) loss on investments
    		          -6,232,000 1,380,000 1,592,000 1,260,000 1,328,000 1,266,000 1,324,000 -12,171,000 
      change in fair value of warrant liability
    		              0 0 0 291,987,000 
      operating lease liabilities
    		          -24,916,000 -17,273,000 -13,829,000 -12,982,000 591,000 -12,188,000 -15,527,000 -6,650,000 
      purchases of marketable securities
    		          -1,056,994,000 -936,209,000 -1,150,823,000 -927,974,000 -1,309,622,000 -820,737,000 -1,226,404,000 -1,581,425,000 
      sales of marketable securities
    		          199,537,000 128,027,000 435,398,000 146,038,000 350,492,000 60,743,000 924,768,000 248,185,000 
      maturities of marketable securities
    		          722,353,000 757,401,000 1,088,474,000 593,772,000 633,652,000 589,751,000 634,804,000 168,660,000 
      proceeds from issuance of common stock upon initial public offering, net of underwriting discounts and offering costs
    		                  
      proceeds from issuance of long-term debt and warrants, net of issuance costs
    		                  
      other financing activities
    		               -9,922,000   
      amortization of debt discount and debt issuance costs
    		           1,041,000 1,040,000 1,041,000 1,042,000 1,040,000 957,000 5,405,000 
      noncash interest expense
    		           3,220,000 2,873,000 2,106,000 -665,000 2,592,000   
      foreign exchange loss
    		                  
      payments for equity investments in privately-held companies
    		                  
      acquisitions, net of cash acquired
    		                  
      noncash investing and financing activities:
    		                  
      common stock and stock awards issued for acquisitions
    		                  
      foreign exchange gain
    		                -7,823,000 -9,151,000 
      noncash interest income
    		                 1,716,000 
      impairment of operating lease right-of-use assets
    		                  
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.