7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 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
    		243,000,000 284,000,000 192,000,000 139,000,000 161,000,000 -158,000,000 -25,000,000 -156,000,000 -75,000,000 -172,000,000 -162,000,000 -642,000,000 -296,000,000 -263,000,000 -167,000,000 -155,000,000 -101,000,000 -102,000,000 -110,000,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                   
      depreciation and amortization
    		169,000,000 159,000,000 152,000,000 141,000,000 138,000,000 140,000,000 142,000,000 130,000,000 128,000,000 128,000,000 123,000,000 111,000,000 118,000,000 81,000,000 59,000,000 49,000,000 41,000,000 37,000,000 29,000,000 
      stock-based compensation
    		258,000,000 282,000,000 235,000,000 271,000,000 274,000,000 302,000,000 252,000,000 269,000,000 278,000,000 311,000,000 230,000,000 280,000,000 249,000,000 231,000,000 129,000,000 129,000,000 122,000,000 138,000,000 97,000,000 
      reduction of operating lease right-of-use assets and accretion of operating lease liabilities
    		30,000,000 27,000,000 26,000,000 26,000,000 25,000,000 26,000,000 26,000,000 24,000,000 24,000,000 28,000,000 32,000,000 23,000,000 23,000,000 19,000,000 16,000,000 15,000,000 14,000,000 12,000,000 11,000,000 
      amortization of deferred contract costs
    		                   
      office lease impairment expenses
    		0 0 7,000,000 0 0               
      change in fair value of deal-contingent forward contract
    		81,000,000                   
      other
    		-16,000,000 43,000,000 18,000,000 3,000,000 -15,000,000 27,000,000 14,000,000 -8,000,000 4,000,000 15,000,000 4,000,000 -3,000,000 9,000,000 13,000,000 1,000,000 11,000,000 6,000,000 5,000,000 6,000,000 
      changes in operating assets and liabilities, net of assets acquired and liabilities assumed from acquisitions:
    		                   
      funds held at payment processors
    		-54,000,000 9,000,000 119,000,000 -111,000,000 67,000,000 -2,000,000 -41,000,000 34,000,000 -90,000,000 -9,000,000 151,000,000 -189,000,000 -6,000,000 79,000,000 30,000,000 -201,000,000 1,000,000 7,000,000 19,000,000 
      accounts receivable
    		-72,000,000 -37,000,000 -53,000,000 -120,000,000 -39,000,000 -45,000,000 -18,000,000 -115,000,000 -38,000,000 -5,000,000 17,000,000 -74,000,000 21,000,000 -5,000,000 25,000,000 -68,000,000 -40,000,000 21,000,000 -7,000,000 
      prepaid expenses and other current assets
    		-148,000,000 -12,000,000 -35,000,000 63,000,000 -174,000,000 -13,000,000 -22,000,000 -21,000,000 -57,000,000 48,000,000 -75,000,000 -56,000,000 -58,000,000 17,000,000 -68,000,000 -1,000,000 9,000,000 -2,000,000 79,000,000 
      other assets
    		-51,000,000 -27,000,000 -115,000,000 -368,000,000 170,000,000 -32,000,000 -49,000,000 -51,000,000 -22,000,000 -15,000,000 -8,000,000 -24,000,000 -22,000,000 -21,000,000 -23,000,000 -19,000,000 -15,000,000 -13,000,000 -4,000,000 
      accounts payable
    		-85,000,000 11,000,000 14,000,000 113,000,000 21,000,000 -40,000,000 -12,000,000 64,000,000 -14,000,000 -41,000,000 61,000,000 -81,000,000 28,000,000 4,000,000 34,000,000 71,000,000 -9,000,000   
      accrued expenses and other current liabilities
    		486,000,000 -84,000,000 94,000,000 449,000,000 -77,000,000 265,000,000 306,000,000 233,000,000 288,000,000 130,000,000 51,000,000 410,000,000 162,000,000 38,000,000 -44,000,000 354,000,000 88,000,000 126,000,000 27,000,000 
      payments for operating lease liabilities
    		-29,000,000 -30,000,000 -28,000,000 -33,000,000 -29,000,000 -27,000,000 -27,000,000 -25,000,000 -29,000,000 -27,000,000 -32,000,000 -22,000,000 -21,000,000 -18,000,000 -14,000,000 -15,000,000 -11,000,000 -10,000,000 -8,000,000 
      other liabilities
    		4,000,000 -52,000,000 9,000,000 -59,000,000 9,000,000 4,000,000 7,000,000 6,000,000 1,000,000 2,000,000 5,000,000 -12,000,000 -9,000,000   -7,000,000 1,000,000   
      net cash from operating activities
    		871,000,000 504,000,000 635,000,000 518,000,000 531,000,000 530,000,000 553,000,000 485,000,000 398,000,000 393,000,000 397,000,000 23,000,000 199,000,000 165,000,000 -20,000,000 167,000,000 107,000,000 252,000,000 166,000,000 
      capex
    		-143,000,000 -159,000,000 -90,000,000 -79,000,000 -76,000,000 -77,000,000 -50,000,000 -92,000,000 -76,000,000 -89,000,000 -54,000,000 -104,000,000 -97,000,000 -73,000,000 -38,000,000 -71,000,000 -56,000,000 -44,000,000 -43,000,000 
      free cash flows
    		728,000,000 345,000,000 545,000,000 439,000,000 455,000,000 453,000,000 503,000,000 393,000,000 322,000,000 304,000,000 343,000,000 -81,000,000 102,000,000 92,000,000 -58,000,000 96,000,000 51,000,000 208,000,000 123,000,000 
      cash flows from investing activities
    		                   
      purchases of property and equipment
    		-63,000,000 -66,000,000 -74,000,000 -32,000,000 -32,000,000 -23,000,000 -17,000,000 -29,000,000 -28,000,000 -27,000,000 -39,000,000 -45,000,000 -54,000,000 -45,000,000 -32,000,000 -35,000,000 -31,000,000 -31,000,000 -32,000,000 
      capitalized software and website development costs
    		-85,000,000 -83,000,000 -67,000,000 -66,000,000 -55,000,000 -56,000,000 -49,000,000 -58,000,000 -46,000,000 -55,000,000 -42,000,000 -51,000,000 -46,000,000 -34,000,000 -39,000,000 -35,000,000 -28,000,000 -23,000,000 -22,000,000 
      purchases of marketable securities
    		-383,000,000 -300,000,000 -425,000,000 -424,000,000 -558,000,000 -440,000,000 -529,000,000 -391,000,000 -625,000,000 -496,000,000 -434,000,000 -367,000,000 -503,000,000 -422,000,000 -656,000,000 -376,000,000 -856,000,000 -1,013,000,000 -99,000,000 
      maturities of marketable securities
    		245,000,000 368,000,000 433,000,000 293,000,000 582,000,000 371,000,000 528,000,000 359,000,000 619,000,000 458,000,000 504,000,000 222,000,000 338,000,000 791,000,000 201,000,000 218,000,000 210,000,000 146,000,000 146,000,000 
      sales of marketable securities
    		143,000,000   66,000,000 0 0 4,000,000 1,000,000 3,000,000 1,000,000 2,000,000 76,000,000 66,000,000 -106,000,000 351,000,000 103,000,000    
      purchases of non-marketable equity securities
    		       -1,000,000 0           
      acquisitions, net of cash acquired
    		-25,000,000                   
      other investing activities
    		   0 1,000,000 1,000,000 -9,000,000 0 -1,000,000 0 -1,000,000     7,000,000 0   
      net cash from investing activities
    		-173,000,000 -941,000,000 -160,000,000 -163,000,000 -62,000,000 -147,000,000 -72,000,000 -119,000,000 -78,000,000 -135,000,000 -10,000,000 -181,000,000 -199,000,000 326,000,000 -246,000,000 -527,000,000 -584,000,000 -929,000,000 -7,000,000 
      cash flows from financing activities
    		                   
      proceeds from issuance of convertible notes, net of issuance costs
    		-2,000,000                   
      proceeds from issuance of warrants
    		0                   
      purchase of convertible note hedges
    		0                   
      proceeds from exercise of stock options
    		3,000,000 2,000,000 3,000,000 7,000,000 4,000,000 2,000,000 1,000,000 1,000,000 2,000,000 1,000,000 2,000,000 1,000,000 2,000,000 3,000,000 5,000,000 4,000,000 5,000,000 10,000,000 13,000,000 
      repurchase of common stock
    		   0 -217,000,000   -51,000,000 -6,000,000 -301,000,000 -392,000,000 0        
      other financing activities
    		0   0 0 0 6,000,000 0 0   0        
      net cash from financing activities
    		1,000,000 2,375,000,000 3,000,000 7,000,000 -213,000,000 -5,000,000 7,000,000 -50,000,000 -4,000,000 -308,000,000 -390,000,000 1,000,000 -384,000,000 3,000,000 5,000,000 4,000,000 5,000,000 4,000,000 -496,000,000 
      foreign currency effect on cash, cash equivalents, and restricted cash
    		0 48,000,000 15,000,000 -39,000,000 22,000,000 -5,000,000 -13,000,000 21,000,000 -14,000,000 -3,000,000 1,000,000 18,000,000 -20,000,000 -9,000,000 1,000,000 0    
      net increase in cash, cash equivalents, and restricted cash
    		699,000,000 1,986,000,000 493,000,000 323,000,000 278,000,000 373,000,000 475,000,000 337,000,000 302,000,000       -356,000,000 -473,000,000 -673,000,000 -337,000,000 
      cash, cash equivalents, and restricted cash
    		                   
      cash, cash equivalents, and restricted cash, beginning of period
    		0 0 4,221,000,000 0 0 0 2,772,000,000 0 0 0 2,188,000,000 0 0 0 2,506,000,000 0 0 0 4,345,000,000 
      cash, cash equivalents, and restricted cash, end of period
    		699,000,000 1,986,000,000 4,714,000,000 323,000,000 278,000,000 373,000,000 3,247,000,000 337,000,000 302,000,000 -53,000,000 2,186,000,000 -139,000,000 -404,000,000 485,000,000 2,246,000,000 -356,000,000 -473,000,000 -673,000,000 4,008,000,000 
      reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets
    		                   
      cash and cash equivalents
    		-632,000,000 -589,000,000 4,500,000,000 355,000,000 234,000,000 306,000,000 3,124,000,000 312,000,000 440,000,000 71,000,000 1,833,000,000 -343,000,000 -407,000,000 484,000,000 2,243,000,000 -357,000,000 -473,000,000 -673,000,000 4,007,000,000 
      restricted cash
    		1,330,000,000 2,548,000,000 202,000,000         204,000,000 3,000,000 1,000,000 3,000,000 1,000,000 0 0 1,000,000 
      long-term restricted cash included in other assets
    		1,000,000 27,000,000 12,000,000                 
      total cash, cash equivalents, and restricted cash
    		699,000,000 1,986,000,000 4,714,000,000 323,000,000 278,000,000 373,000,000 3,247,000,000 337,000,000 302,000,000 -53,000,000 2,186,000,000 -139,000,000 -404,000,000 485,000,000 2,246,000,000 -356,000,000 -473,000,000 -673,000,000 4,008,000,000 
      non-cash investing and financing activities
    		                   
      purchases of property and equipment not yet settled
    		5,000,000 -10,000,000 51,000,000 19,000,000 11,000,000 2,000,000 16,000,000 -5,000,000 -2,000,000 -7,000,000 27,000,000 -8,000,000 3,000,000 6,000,000 33,000,000 -1,000,000 3,000,000 10,000,000 11,000,000 
      stock-based compensation included in capitalized software and website development costs
    		49,000,000 50,000,000 41,000,000 44,000,000 42,000,000 42,000,000 37,000,000 42,000,000 39,000,000 45,000,000 35,000,000 33,000,000 33,000,000 38,000,000 28,000,000 27,000,000 21,000,000 24,000,000 21,000,000 
      deferred cash consideration for acquisitions
    		-25,000,000                   
      changes in operating assets and liabilities, net of assets acquired and liabilities assumed from acquisition:
    		                   
      acquisition, net of cash acquired
    		  -27,000,000            -71,000,000     
      adjustments to non-marketable equity securities, including impairment
    		                   
      changes in assets and liabilities, net of assets acquired and liabilities assumed from acquisitions:
    		                   
      net cash acquired in acquisitions
    		            0       
      reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets
    		                   
      changes in operating assets and liabilities:
    		                   
      restricted cash included in prepaid expenses and other current assets
    		    43,000,000 67,000,000 111,000,000 25,000,000 -5,000,000 10,000,000 75,000,000         
      long-term restricted cash
    		    1,000,000 0 12,000,000 0 -133,000,000 -134,000,000 278,000,000         
      changes in assets and liabilities:
    		                   
      deferred offering costs paid
    		               0 0 0 -10,000,000 
      repayment of convertible notes
    		               0 0 0 -333,000,000 
      taxes paid related to net share settlement of equity awards
    		               0 0 -6,000,000 -166,000,000 
      supplemental disclosure of cash flow information
    		                   
      cash paid for interest
    		               0 0 0 42,000,000 
      net cash from acquisitions
    		                   
      net decrease in cash, cash equivalents, and restricted cash
    		          -2,000,000    -260,000,000     
      bad debt expense
    		              2,000,000 5,000,000 0 15,000,000 16,000,000 
      non-cash interest expense
    		               0 0 0 11,000,000 
      net cash acquired (used) in acquisitions
    		                   
      proceeds from issuance of common stock upon initial public offering, net of underwriter discounts
    		                   
      proceeds from issuance of preferred stock, net of issuance costs
    		                   
      conversion of redeemable convertible preferred stock to common stock upon initial public offering
    		                   
      unrealized loss on marketable securities
    		                   
      holdback consideration for acquisitions
    		                   
      holdback consideration for acquisition
    		            0 0 9,000,000     
      change in fair value of forward contract liability
    		                   
      cash paid for income taxes
    		               0 0   
      redeemable convertible preferred stock issued in connection with an acquisition
    		                   
      leasehold improvements acquired through tenant improvement allowance
    		               0 1,000,000   
      deferred offering costs not yet paid
    		                   
      impairment of operating lease right-of-use assets
    		                   
      unrealized gain on marketable securities
    		                   
      conversion of convertible promissory notes to preferred stock
    		                   
    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.