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 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 
      
    		                                      
      cash flows from operating activities:
    		                                      
      net income
    		538,334,000 188,722,000 1,924,669,000 281,136,000 189,872,000 470,820,000 157,804,000 -33,760,000 -125,842,000 -19,326,000 -117,621,000 -18,744,000 -209,277,000 -207,363,000 -80,984,000 -2,876,000 203,678,000 39,008,000 293,959,000 36,515,000 -11,478,000 -105,891,000 390,940,000 29,397,000 -6,740,000 -38,151,000 -28,204,000 19,643,000 -5,906,000 -23,986,000 -15,663,000 -16,098,000 -15,962,000 -15,090,000 -15,167,000 -32,323,000 -27,345,000 -96,755,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                      
      depreciation and amortization
    		92,397,000 88,948,000 88,878,000 92,706,000 96,903,000 97,640,000 105,324,000 115,518,000 94,545,000 93,173,000 90,907,000 88,721,000 90,839,000 70,056,000 39,050,000 38,112,000 28,394,000 29,201,000 22,471,000 20,624,000 21,056,000 20,061,000 18,719,000 19,125,000 18,783,000 18,971,000 22,638,000 15,835,000 12,328,000 10,160,000 9,632,000 9,085,000 9,125,000 9,437,000 9,928,000 9,681,000 9,018,000 9,118,000 
      amortization of discounts and premiums and other non-cash adjustments
    		-281,392,000 -265,168,000 -274,805,000 -286,413,000 -270,815,000 -266,991,000 -627,326,000 -135,437,000 -136,365,000 -85,314,000 -221,191,000                            
      non-cash lease expense
    		14,003,000 14,369,000 16,575,000 24,005,000 16,963,000 14,512,000 30,131,000 19,651,000 70,083,000 24,333,000 58,853,000 23,087,000 25,175,000 22,696,000 21,159,000 20,931,000 20,615,000 20,432,000 19,471,000 18,439,000 17,218,000 15,125,000                 
      share-based compensation
    		297,341,000 315,236,000 316,934,000 324,054,000 320,623,000 311,168,000 331,583,000 345,669,000 319,253,000 279,592,000 276,484,000 262,733,000 256,638,000 275,423,000 178,041,000 165,011,000 146,365,000 118,623,000 113,671,000 110,416,000 96,410,000 77,303,000 79,883,000 77,426,000 79,466,000 61,088,000 59,025,000 58,913,000 52,119,000 46,824,000 44,525,000 40,048,000 39,593,000 31,670,000 33,887,000 36,779,000 36,922,000 31,198,000 
      gain on revaluation of equity investments
    		      -315,000 583,000 1,370,000 14,885,000  712,000 5,115,000 -49,741,000                         
      remeasurement gain on bitcoin investment
    		-212,165,000 93,351,000                                     
      transaction, loan, and consumer receivable losses
    		294,090,000 169,689,000 244,618,000 192,062,000 191,812,000 165,729,000 175,658,000 177,338,000 179,771,000 127,896,000 155,250,000 147,586,000 156,697,000 91,150,000                         
      change in deferred income taxes
    		44,420,000 7,599,000 -1,671,180,000 1,840,000 11,512,000 -7,984,000 763,000 -126,561,000 38,566,000 1,353,000 -22,090,000 -26,129,000 -13,721,000 -7,653,000 -5,211,000 -4,751,000 -413,000 -60,000 -4,641,000 -2,351,000 -40,000 -984,000 -322,000 1,175,000 -1,475,000 -754,000 -83,000            
      purchases and originations of loans originally classified as held for sale
    		                                      
      proceeds from repayments of loans originally classified as held for sale
    		                                      
      changes in operating assets and liabilities:
    		                                      
      settlements receivable
    		-170,299,000 -88,267,000 370,386,000 2,406,842,000 -287,309,000 -542,070,000 409,942,000 -1,722,168,000 -249,171,000 452,868,000 -705,597,000 -364,469,000 -208,630,000 -220,361,000 -8,324,000 -116,918,000 -106,517,000 -114,458,000 -189,222,000 17,454,000 -362,351,000 60,248,000 -32,677,000 932,782,000 -120,904,000 -1,027,472,000 825,564,000 -387,782,000 -110,535,000 -81,452,000 -34,596,000 -280,169,000 -45,985,000 54,919,000 -87,015,000 -29,221,000 -15,666,000 -46,503,000 
      customers payable
    		150,728,000 164,904,000 -534,218,000 -2,191,585,000 406,040,000 465,891,000 -134,310,000 1,575,458,000 234,378,000 -418,948,000 460,975,000 267,059,000 196,353,000 136,474,000 -675,351,000 -138,416,000 -33,584,000 1,018,906,000 287,530,000 153,640,000 1,079,039,000 212,929,000 4,672,000 -533,744,000 140,118,000 912,749,000 -565,933,000 313,784,000 119,769,000 147,977,000 6,372,000 261,257,000 59,234,000 -25,085,000 33,341,000 54,279,000 25,960,000 58,866,000 
      settlements payable
    		0 -330,000 0 -5,000 -793,000 -7,341,000 -507,041,000 192,313,000 -74,780,000 -64,528,000 132,709,000 64,860,000 -35,000 10,360,000 4,809,000 -7,206,000 -6,918,000 24,564,000 88,657,000 -28,426,000 89,981,000 -6,684,000 14,237,000 -209,055,000 24,531,000 211,984,000 -149,137,000 62,658,000 23,714,000 2,114,000 33,374,000 39,580,000 6,061,000 -15,378,000     
      other assets and liabilities
    		-231,773,000 -244,809,000 12,820,000 -15,858,000 -81,484,000 205,970,000 -432,690,000 223,551,000 -139,476,000 -30,656,000 -8,979,000 -208,098,000 -164,694,000 12,132,000 -136,821,000 124,111,000 -44,067,000 -5,206,000 -57,664,000 -32,487,000 -69,105,000 -27,563,000 -13,260,000 -37,228,000               
      net cash from operating activities
    		374,322,000 133,336,000 13,800,000 684,763,000 519,392,000 489,395,000 -797,923,000 491,165,000 113,318,000 294,401,000 45,369,000 15,737,000 -114,626,000 229,423,000 175,054,000 374,964,000 395,553,000 -97,741,000 120,726,000 412,710,000 -273,129,000 121,296,000 61,116,000 238,747,000 133,392,000 32,444,000 176,420,000 47,628,000 18,979,000 52,053,000 -2,606,000 39,727,000 46,592,000 43,998,000 -19,104,000 78,006,000 -20,260,000 -15,511,000 
      capex
    		-31,310,000 -31,882,000 -26,993,000 -56,599,000 -38,357,000 -31,998,000 -51,694,000 -37,682,000 -29,522,000 -32,253,000 -49,106,000 -36,289,000 -44,233,000 -41,187,000 -36,292,000 -31,400,000 -32,479,000 -34,149,000 -52,049,000 -29,792,000 -30,424,000 -26,137,000 -16,672,000 -15,664,000 -11,994,000 -18,168,000 -24,030,000 -14,030,000 -15,060,000 -8,083,000 -6,472,000 -5,742,000 -7,375,000 -6,508,000 -5,759,000 -3,834,000 -8,313,000 -7,527,000 
      free cash flows
    		343,012,000 101,454,000 -13,193,000 628,164,000 481,035,000 457,397,000 -849,617,000 453,483,000 83,796,000 262,148,000 -3,737,000 -20,552,000 -158,859,000 188,236,000 138,762,000 343,564,000 363,074,000 -131,890,000 68,677,000 382,918,000 -303,553,000 95,159,000 44,444,000 223,083,000 121,398,000 14,276,000 152,390,000 33,598,000 3,919,000 43,970,000 -9,078,000 33,985,000 39,217,000 37,490,000 -24,863,000 74,172,000 -28,573,000 -23,038,000 
      cash flows from investing activities:
    		                                      
      purchases of marketable debt securities
    		-119,961,000 -162,188,000 -162,327,000 -278,142,000 -573,287,000 -184,048,000 -191,711,000 -511,153,000 -366,990,000 -56,761,000                             
      proceeds from maturities of marketable debt securities
    		131,116,000 147,508,000 214,832,000 332,719,000 253,292,000 204,737,000 393,090,000 338,238,000 382,731,000 273,771,000 230,293,000 228,362,000 278,355,000 262,559,000 221,642,000 313,295,000 156,729,000 139,353,000 202,203,000 137,245,000 169,540,000 98,146,000 105,206,000 105,453,000 108,724,000 111,505,000 68,851,000            
      proceeds from sale of marketable debt securities
    		108,568,000 265,191,000 9,164,000 41,457,000 68,327,000 327,128,000 299,645,000 14,576,000 9,177,000 15,697,000 213,199,000 2,382,000 55,790,000 178,352,000 58,373,000 183,964,000 125,418,000 249,342,000 153,265,000 101,536,000 83,599,000 247,027,000 221,372,000 210,725,000 71,712,000 44,810,000 65,634,000            
      payments for originations of consumer receivables
    		-7,740,021,000 -6,898,769,000 -9,120,940,000 -7,330,546,000 -6,771,800,000 -6,095,104,000                                 
      proceeds from principal repayments and sales of consumer receivables
    		7,892,158,000 7,602,325,000 8,779,824,000 7,414,944,000 6,903,007,000 6,824,596,000 7,427,562,000 5,880,142,000 5,594,147,000 5,339,800,000                             
      purchases and originations of loans originally classified as held for investment
    		                                      
      proceeds from repayments of loans originally classified as held for investment
    		                                      
      purchases of property and equipment
    		-31,310,000 -31,882,000 -26,993,000 -56,599,000 -38,357,000 -31,998,000 -51,694,000 -37,682,000 -29,522,000 -32,253,000 -49,106,000 -36,289,000 -44,233,000 -41,187,000 -36,292,000 -31,400,000 -32,479,000 -34,149,000 -52,049,000 -29,792,000 -30,424,000 -26,137,000 -16,672,000 -15,664,000 -11,994,000 -18,168,000 -24,030,000 -14,030,000 -15,060,000 -8,083,000 -6,472,000 -5,742,000 -7,375,000 -6,508,000 -5,759,000 -3,834,000 -8,313,000 -7,527,000 
      purchases of other investments
    		-19,393,000 -7,477,000 -16,716,000 -18,139,000 -16,155,000 -2,924,000 -26,576,000 -2,880,000 424,000 -4,821,000                             
      net cash from investing activities
    		-485,780,000 914,708,000 -323,156,000 105,694,000 -174,973,000 1,042,387,000 278,233,000 -173,931,000 -45,025,000 623,924,000 -279,554,000 164,967,000 209,670,000 1,130,613,000 -54,260,000 -323,580,000 -775,016,000 -158,023,000  -229,418,000 -187,678,000 -114,617,000  -200,923,000 -25,368,000 -70,387,000  -609,208,000 -150,554,000 -15,493,000  -104,765,000 -85,350,000 -170,394,000  -15,214,000 -23,880,000 -81,326,000 
      cash flows from financing activities:
    		                                      
      proceeds from issuance of senior notes
    		  0 0                                   
      payments of debt issuance costs from issuance of senior notes
    		  0 0                                   
      payments to redeem convertible notes
    		0 -1,000,624,000     0 0   0 0 0 -1,071,788,000                         
      proceeds from warehouse facilities borrowings
    		212,673,000 222,824,000 849,386,000 86,725,000 159,047,000 160,587,000 823,074,000 275,170,000 241,443,000 47,975,000 909,350,000 335,236,000 192,779,000 183,440,000                         
      repayments of warehouse facilities borrowings
    		-151,180,000 -1,091,137,000 -275,638,000 -86,046,000 -177,453,000 -790,592,000 -150,428,000 -173,271,000 -101,828,000 -692,556,000 -80,734,000 -28,179,000 -192,059,000 -90,491,000                         
      proceeds from the exercise of stock options and purchases under the employee stock purchase plan
    		48,799,000 2,283,000 66,726,000 1,852,000 66,258,000 19,943,000 60,017,000 4,454,000 59,137,000 6,825,000 32,535,000 6,116,000 39,024,000 4,093,000 41,853,000 12,711,000 39,264,000 32,891,000 55,385,000 28,515,000       39,070,000 27,581,000   50,615,000 22,026,000       
      net increase in interest-bearing deposits
    		20,329,000 34,463,000 1,169,000 31,718,000 23,319,000 18,650,000 -32,108,000 28,660,000 14,982,000 13,601,000                             
      repurchases of common stock
    		-692,204,000 -445,298,000 -183,160,000 -345,576,000 -389,508,000 -252,095,000                                 
      other financing activities
    		  0 0   0 -15,657,000       -2,836,000    -4,753,000 -682,000 -869,000 -1,055,000 -1,178,000                
      change in customer funds, restricted from use in the company's operations
    		-310,915,000 1,065,857,000 249,087,000 383,072,000 -495,633,000 875,916,000 256,693,000 -438,919,000 -447,817,000 620,149,000 196,667,000 78,281,000 -285,528,000 359,910,000                         
      net cash from financing activities
    		-907,828,000 -1,211,632,000 707,570,000 71,745,000 1,140,938,000 32,409,000 800,436,000 -319,563,000 -711,927,000 -9,083,000 978,988,000 358,791,000 -271,643,000 -968,556,000 653,294,000 -112,607,000 1,930,355,000 180,992,000 983,771,000 -35,388,000 448,692,000 918,120,000 -12,665,000 -43,804,000 -15,553,000 -26,852,000 -174,983,000 -101,073,000 788,773,000 3,038,000 23,812,000 3,342,000 50,196,000 377,583,000 47,967,000 32,808,000 14,816,000 -4,850,000 
      effect of foreign exchange rate on cash and cash equivalents
    		72,683,000 22,249,000 -102,139,000 53,371,000 1,984,000 -41,755,000 57,611,000 -35,410,000 5,922,000 1,033,000 56,609,000 -59,530,000 -34,494,000 -948,000 7,245,000 -7,219,000 1,114,000 -8,206,000 12,223,000 5,954,000 8,406,000 -13,588,000 4,514,000 -3,013,000 1,063,000 1,277,000 -3,067,000 -649,000 -4,902,000 1,397,000         
      net increase in cash, cash equivalents, restricted cash, and customer funds
    		-946,603,000 -141,339,000 296,075,000 915,573,000 1,487,341,000 1,522,436,000 338,357,000 -37,739,000 -637,712,000 910,275,000 801,412,000 479,965,000 -211,093,000 390,532,000                         
      cash, cash equivalents, restricted cash, and customer funds, beginning of the period
    		0 13,230,512,000 0 0 0 9,009,087,000 0 0 0 8,435,906,000 0 0                           
      cash, cash equivalents, restricted cash, and customer funds, end of the period
    		-946,603,000 13,089,173,000 296,075,000 915,573,000 1,487,341,000 10,531,523,000 338,357,000 -37,739,000 -637,712,000 9,346,181,000 801,412,000 479,965,000                           
      reconciliation of cash, cash equivalents, restricted cash, and customer funds:
    		                                      
      cash and cash equivalents
    		-704,607,000 7,088,831,000 -224,557,000 500,711,000 2,045,657,000 5,753,436,000 -115,828,000 366,409,000 -315,207,000 5,061,091,000 212,415,000 311,321,000 26,901,000 3,993,565,000                         
      short-term restricted cash
    		63,745,000 681,774,000 271,545,000 33,078,000 -62,298,000 660,153,000 197,626,000 36,021,000 122,466,000 414,267,000 393,210,000 89,586,000 47,534,000 109,450,000                         
      long-term restricted cash
    		5,175,000 69,838,000 0 -1,288,000 -385,000 71,588,000 -134,000 -1,250,000 2,846,000 70,350,000 -879,000 777,000 0 71,702,000                         
      customer funds cash and cash equivalents
    		-310,916,000 5,248,730,000 249,087,000 383,072,000 -495,633,000 4,046,346,000 256,693,000 -438,919,000 -447,817,000 3,800,473,000 196,666,000 78,281,000 -285,528,000 3,190,905,000                         
      total
    		-946,603,000 13,089,173,000 296,075,000 915,573,000 1,487,341,000 10,531,523,000 338,357,000 -37,739,000 -637,712,000 9,346,181,000 801,412,000 479,965,000 -211,093,000 7,365,622,000                         
      loss on revaluation of equity investments
    		 126,000    1,111,000                                 
      purchases and originations of loans
    		 -5,032,615,000 -4,323,127,000 -3,976,298,000 -3,900,712,000 -3,010,609,000 -2,689,922,000 -2,125,507,000 -1,936,422,000 -1,834,442,000 -1,430,249,000 -2,302,303,000 -1,430,630,000 -951,665,000 -941,866,000 -621,290,000                       
      proceeds from payments and forgiveness of loans
    		 4,721,581,000 3,993,454,000 3,834,612,000 3,760,258,000 2,824,953,000 2,457,247,000 1,984,517,000 1,837,408,000 1,753,515,000 1,396,470,000 2,232,216,000 1,299,417,000 1,112,266,000                         
      bitcoin impairment losses
    		          8,991,000 1,619,000   0 6,000,000 45,266,000 19,860,000                     
      goodwill and intangible asset impairment
    		                                      
      proceeds from maturities of marketable debt securities from customer funds
    		          0 0 0 73,000,000 49,020,000 122,281,000 146,700,000 187,500,000 145,887,000 95,000,000 77,000,000 65,000,000 42,855,000 52,200,000 30,000,000 33,000,000             
      proceeds from sale of marketable debt securities from customer funds
    		          0 0 0 316,576,000 25,071,000    22,973,000 6,000,000 0 22,457,000                 
      business combinations, net of cash acquired
    		          0 -21,000   0 334,000   -50,000,000 -10,867,000 -5,612,000 -12,742,000 0 0 -9,124,000 -11,248,000 0 -571,000           
      repayments of paycheck protection program liquidity facility advances
    		       0                               
      payments for tax withholding related to vesting of restricted stock units
    		          -1,000 -481,000 -1,797,000 -2,456,000 -10,605,000 -20,181,000 -140,212,000 -152,013,000 -131,412,000 -88,953,000 -44,882,000 -48,772,000 -48,220,000 -57,381,000 -55,862,000 -50,801,000 -63,225,000 -57,324,000 -40,924,000 -27,651,000 -26,384,000        
      bitcoin remeasurement
    		   -5,288,000 70,116,000 -233,404,000                                 
      goodwill impairment
    		                                      
      purchases of marketable debt securities from customer funds
    		                                      
      purchases of bitcoin investments
    		                                      
      proceeds from sale of equity investments
    		              0 42,419,000 359,252,000 18,973,000                     
      proceeds from ppp liquidity facility advances
    		              -3,000 0 187,242,000 494,300,000 -9,402,000 25,732,000                   
      repayments of ppp liquidity facility advances
    		         -5,077,000 -14,277,000 -37,300,000 -56,220,000 -372,897,000 -228,122,000 -98,025,000 -127,767,000 -194,186,000                     
      payments from originations of consumer receivables
    		       -5,855,172,000 -5,634,992,000 -4,911,509,000                             
      loss on extinguishment of long-term debt
    		                  4,258,000 1,403,000 0 990,000     3,422,000            
      gains on revaluation of equity investments
    		                                      
      proceeds from issuance of convertible notes
    		                                      
      purchases of senior note hedges
    		                                      
      proceeds from issuance of warrants
    		                  132,595,000 0 0 99,500,000     0 0   0 0 0 57,244,000     
      purchase of marketable debt securities
    		           -138,320,000 -173,391,000 -209,981,000 -371,114,000 -860,960,000 -1,081,325,000 -401,161,000 -356,084,000 -241,416,000 -360,988,000 -363,874,000 -233,614,000 -404,061,000 -161,235,000 -193,673,000 -141,286,000            
      purchase of marketable debt securities from customer funds
    		              0 -101,388,000 -268,052,000 -119,411,000 -89,841,000 -287,124,000 -120,793,000 -144,494,000 -73,859,000 -149,576,000 -53,451,000 -34,613,000             
      originations of consumer receivables
    		           -4,742,095,000 -5,597,528,000 -1,946,468,000                         
      principal repayments of consumer receivables
    		           4,850,579,000 5,744,859,000 1,943,554,000                         
      purchase of bitcoin investments
    		              0 0 0 -170,000,000                     
      purchase of other investments
    		           369,000 -22,953,000 -16,495,000 -960,000 -2,125,000 -16,955,000 -28,470,000                     
      net increase in non-interest bearing deposits
    		           5,118,000 32,158,000 21,633,000                         
      non-cash interest and other
    		            -153,834,000 -64,351,000 10,736,000 9,044,000 6,117,000 5,207,000 23,745,000 19,615,000 20,358,000 12,411,000                 
      net cash acquired through business combination
    		             570,703,000                         
      cash, cash equivalents, restricted cash, and customer funds, beginning of period
    		             6,975,090,000                         
      cash, cash equivalents, restricted cash, and customer funds, end of period
    		             7,365,622,000                         
      gain on sale of asset group
    		                                      
      transaction and loan losses
    		              57,117,000 62,306,000 48,173,000 20,395,000 15,986,000 15,198,000 37,603,000 108,883,000                 
      sales, principal payments, and forgiveness of loans
    		              1,115,202,000 668,065,000                       
      proceeds from sale of asset group
    		                                      
      proceeds from issuance of convertible senior notes
    		                  1,130,303,000 0 0 986,241,000     0 0   0 0 0 428,250,000     
      purchase of convertible senior note hedges
    		                  -188,945,000 0 0 -149,200,000     0 0   0 0 0 -92,136,000     
      proceeds from issuance of senior unsecured notes
    		              0 0                       
      net increase in cash, cash equivalents, restricted cash and customer funds
    		                                      
      cash, cash equivalents, restricted cash and customer funds, beginning of the year
    		                                      
      cash, cash equivalents, restricted cash and customer funds, end of the year
    		                                      
      reconciliation of cash, cash equivalents, restricted cash and customer funds:
    		                                      
      gain on revaluation of equity investment
    		               6,836,000   -274,298,000 0   -4,141,000    16,566,000            
      customer funds
    		               166,005,000 249,157,000 -1,007,144,000 -266,277,000 68,128,000 -743,186,000 -210,201,000 -1,490,000 -77,676,000 -15,603,000 -109,439,000 25,158,000 -50,349,000 -56,194,000 -49,619,000 -17,569,000 -11,877,000 -16,069,000 -13,953,000     
      net increase in cash, cash equivalents, and restricted cash
    		               -68,442,000 1,552,006,000 -82,978,000  153,858,000 -3,709,000 911,211,000                 
      cash, cash equivalents, and restricted cash, beginning of period
    		               0 0 3,201,863,000  0 0 1,098,706,000                 
      cash, cash equivalents, and restricted cash, end of period
    		               -68,442,000 1,552,006,000 3,118,885,000  153,858,000 -3,709,000 2,009,917,000                 
      loss on revaluation of equity investment
    		                 28,900,000       4,842,000 14,087,000             
      purchases and originations of loans held for sale
    		                 -812,492,000                     
      sales and principal payments of loans held for sale
    		                 531,716,000 278,412,000 185,786,000 485,624,000 555,584,000 621,524,000 571,335,000 508,305,000 467,518,000 449,456,000 413,428,000 379,858,000 337,092,000 293,127,000 291,978,000 317,778,000 242,431,000     
      charge-offs to accrued transaction losses
    		                 -15,193,000 -18,252,000 -17,578,000 -20,370,000 -17,413,000 -21,839,000 -20,436,000 -18,607,000 -17,443,000 -17,838,000 -14,324,000 -13,188,000 -12,842,000 -13,067,000 -10,838,000 -11,065,000 -11,178,000     
      replacement stock awards issued in connection with acquisition
    		                          0 142,000           
      purchase of loans held for sale
    		                  -217,080,000 -153,666,000 -892,889,000 -573,502,000 -670,344,000 -560,894,000 -527,745,000 -507,755,000 -470,469,000 -404,891,000 -389,275,000 -344,976,000 -310,132,000 -303,679,000 -318,649,000 -252,170,000 -247,733,000 -208,516,000   
      proceeds from sale of equity investment
    		                                      
      purchase of intangible assets
    		                          0 0 0 -1,584,000         
      net cash from investing activities:
    		                                      
      principal payment on conversion of senior notes
    		                          -149,337,000            
      net increase in cash, cash equivalents and restricted cash
    		                      444,836,000 -8,993,000 93,534,000 -63,518,000 -132,223,000 -663,302,000 652,296,000 40,995,000 41,571,000 -60,191,000 12,711,000 252,245,000     
      cash, cash equivalents and restricted cash, beginning of the year
    		                                      
      cash, cash equivalents and restricted cash, end of the year
    		                                      
      payments for other investments
    		                       0 0 -2,000,000             
      recovery of common stock in connection with indemnification settlement agreement
    		                      -280,000 0 0 -789,000 0 0           
      proceeds from the exercise of stock options
    		                     31,406,000  14,860,000 41,593,000 25,328,000    31,354,000        556,000 
      non-cash interest and other income
    		                      9,061,000 8,684,000 8,578,000 8,224,000 7,703,000 11,699,000 7,008,000 4,847,000 4,452,000 4,289,000 4,146,000 1,534,000     
      payment for termination of starbucks warrant
    		                              0 0 0 -54,808,000     
      amortization of operating lease right-of-use assets and accretion of operating lease liabilities
    		                       7,596,000 7,664,000 6,690,000             
      transaction, loan and advance losses
    		                       32,722,000 34,264,000 27,841,000 24,474,000 23,596,000 21,976,000 18,031,000 16,833,000 19,893,000       
      cash, cash equivalents and restricted cash, beginning of period
    		                       0 0 632,847,000  0 0 735,081,000  0 0 488,745,000     
      cash, cash equivalents and restricted cash, end of period
    		                       -8,993,000 93,534,000 569,329,000  -663,302,000 652,296,000 776,076,000  -60,191,000 12,711,000 740,990,000     
      payment of deferred purchase consideration
    		                        0 -95,000 -208,000            
      principal payments on finance lease obligation
    		                        -1,284,000 -1,284,000             
      other current assets
    		                         -19,327,000 -27,345,000 -16,565,000 -20,051,000 -13,444,000 -19,857,000 -4,061,000 -8,306,000 6,105,000 -11,975,000 4,302,000 6,014,000 -13,327,000 
      other non-current assets
    		                         -2,527,000 2,234,000 821,000 -8,440,000 -1,256,000 -1,575,000        
      accrued expenses
    		                         15,721,000 -23,825,000 24,932,000 3,380,000 2,703,000 -8,121,000 3,328,000 13,070,000 3,930,000 -495,000 13,870,000 -69,594,000 55,810,000 
      other current liabilities
    		                         16,991,000 8,064,000 9,222,000 14,843,000 3,165,000 4,808,000 -5,452,000 4,695,000 -368,000 28,847,000 1,809,000 8,879,000 4,567,000 
      payments for operating lease liabilities
    		                         -9,293,000             
      other non-current liabilities
    		                         3,530,000 8,480,000 -1,222,000 1,301,000 5,379,000 3,077,000        
      proceeds from sale of property and equipment
    		                                      
      purchase of equity investment
    		                                      
      payments of offering costs related to initial public offering
    		                                  0 0 -124,000 -5,406,000 
      principal payments on capital lease obligation
    		                          -1,283,000 -1,283,000 -710,000 -665,000 -419,000 -386,000 -387,000 -247,000     
      accounts payable
    		                           3,246,000 -11,706,000 1,990,000 3,292,000 1,080,000 1,602,000 -1,459,000 -1,280,000 -3,405,000 -38,000 2,576,000 
      deferred benefit for income taxes
    		                            -34,000 -654,000         
      purchase of marketable securities
    		                            -114,803,000 -50,221,000 -59,426,000 -171,429,000 -132,204,000 -181,851,000 -25,663,000 -36,858,000 -29,159,000 -73,086,000 
      proceeds from maturities of marketable securities
    		                            33,823,000 45,450,000 62,145,000 54,015,000 36,495,000 15,569,000  9,500,000   
      proceeds from sale of marketable securities
    		                              23,966,000 43,391,000 17,734,000 3,996,000  15,998,000   
      settlement of deferred purchase consideration
    		                                      
      business acquisitions
    		                             -1,055,000   0 -1,600,000     
      excess tax benefit from share-based payment activity
    		                                      
      payments for investment in privately held entity
    		                                      
      payment for acquisition of intangible assets
    		                                  0 0 0 -400,000 
      business acquisitions, net of cash acquired
    		                              -315,000        
      proceeds from issuance of preferred stock
    		                                      
      proceeds from issuance of common stock upon initial public offering, net of offering costs
    		                                      
      principal payments on debt
    		                                      
      payments of debt issuance costs
    		                                      
      excess tax benefit from share-based payment award
    		                                      
      deferred benefit from income taxes
    		                               34,000 0 99,000 162,000 -167,000 -15,000 78,000 
      payment for investment in privately held entity
    		                                      
      effect of foreign exchange rate changes on cash and cash equivalents
    		                               1,505,000 1,273,000 1,058,000  -136,000 1,114,000 1,558,000 
      other assets
    		                                -251,000 141,000 486,000 522,000 5,924,000 -6,301,000 
      other noncurrent liabilities
    		                                2,794,000 2,902,000  2,807,000 929,000 -1,360,000 
      benefit from transaction losses
    		                                 11,558,000 13,944,000 13,483,000 16,210,000 7,182,000 
      gain on sale of property and equipment
    		                                      
      customer funds obligation
    		                                 13,953,000     
      proceeds from issuances of common stock from the exercise of options
    		                                 39,280,000     
      benefit from uncollectible receivables related to merchant cash advances
    		                                      
      (gain) loss on disposal of property and equipment
    		                                      
      customer funds held
    		                                      
      proceeds from sales and principal payments of loans held for sale
    		                                  234,406,000 209,473,000   
      merchant cash advance receivable
    		                                  3,406,000 12,398,000 27,054,000 -11,756,000 
      charge-offs and recoveries to accrued transaction losses
    		                                  -15,308,000 -8,148,000 -15,536,000 -8,939,000 
      other liabilities
    		                                      
      maturities of marketable securities
    		                                      
      sales of marketable securities
    		                                      
      increases in restricted cash
    		                                      
      proceeds from debt
    		                                      
      proceeds from issuances of common stock from the exercise of options and employee stock purchase plan
    		                                  48,135,000 32,808,000   
      starbucks share-based instruments
    		                                      
      benefit from (reduction in) uncollectible merchant cash advances
    		                                   602,000   
      loss on disposal of property and equipment
    		                                   -219,000   
      change in restricted cash
    		                                   -20,000 -8,140,000 -313,000 
      net decrease in cash and cash equivalents
    		                                   95,464,000 -28,210,000 -100,129,000 
      cash and cash equivalents, beginning of period
    		                                   0 0 470,775,000 
      cash and cash equivalents, end of period
    		                                   95,464,000 -28,210,000 370,646,000 
      benefit from uncollectible merchant cash advances
    		                                     73,000 
      gain on disposal of property and equipment
    		                                     -38,000 
      impairment of intangible assets
    		                                      
      (increases) decreases in restricted cash
    		                                      
      net increase in cash and cash equivalents
    		                                      
      cash and cash equivalents, beginning of the year
    		                                      
      cash and cash equivalents, end of the year
    		                                      
    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.