Zillow Group, Inc(NASDAQ:Z)
Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and websites in the United States. It operates through three segments: Homes; Internet, Media & Technology; and Mortgages. The company's mobile applications and websites offers various real estate t...
Website: http://www.zillow.com
Founded: 2004
Full Time Employees: 5,409
CEO / Co-Founder: Richard Barton
Sector: Communication Services
Industry: Internet Content & Information
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 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 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 |
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revenue: | |||||||||||||||||||||||||||||||||||||||||||||
for sale revenue: | |||||||||||||||||||||||||||||||||||||||||||||
residential | 450,000,000 | 418,000,000 | 435,000,000 | 434,000,000 | 417,000,000 | ||||||||||||||||||||||||||||||||||||||||
mortgages | 64,000,000 | 57,000,000 | 53,000,000 | 48,000,000 | 41,000,000 | 29,000,000 | 46,000,000 | 50,821,000 | 70,290,000 | 56,745,000 | 67,960,000 | 60,969,000 | 54,198,000 | 33,761,000 | 25,282,000 | 21,054,000 | 25,292,000 | 26,985,000 | 27,360,000 | ||||||||||||||||||||||||||
total for sale revenue | 514,000,000 | 475,000,000 | 488,000,000 | 482,000,000 | 458,000,000 | ||||||||||||||||||||||||||||||||||||||||
rentals | 183,000,000 | 168,000,000 | 174,000,000 | 159,000,000 | 129,000,000 | ||||||||||||||||||||||||||||||||||||||||
other | 11,000,000 | 11,000,000 | 14,000,000 | 14,000,000 | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||
revenue | 708,000,000 | 654,000,000 | 676,000,000 | 655,000,000 | 598,000,000 | 554,000,000 | 581,000,000 | 572,000,000 | 529,000,000 | 474,000,000 | 496,000,000 | 506,000,000 | 469,000,000 | 435,000,000 | 483,000,000 | 1,009,000,000 | 4,257,000,000 | 3,882,313,000 | 1,736,643,000 | 1,309,980,000 | 1,218,440,000 | 788,952,000 | 656,692,000 | 768,352,000 | 1,125,821,000 | 943,947,000 | 745,208,000 | 599,578,000 | 454,104,000 | 365,335,000 | 343,094,000 | 325,246,000 | 299,879,000 | 282,330,000 | 281,839,000 | 266,850,000 | 245,775,000 | 227,612,000 | 224,592,000 | 208,403,000 | 185,982,000 | 169,370,000 | 176,765,000 | 171,269,000 | 127,273,000 |
yoy | 18.39% | 18.05% | 16.35% | 14.51% | 13.04% | 16.88% | 17.14% | 13.04% | 12.79% | 8.97% | 2.69% | -49.85% | -88.98% | -88.80% | -72.19% | -22.98% | 249.38% | 392.08% | 164.45% | 70.49% | 8.23% | -16.42% | -11.88% | 28.15% | 147.92% | 158.38% | 117.20% | 84.35% | 51.43% | 29.40% | 21.73% | 21.88% | 22.01% | 24.04% | 25.49% | 28.05% | 32.15% | 34.39% | 27.06% | 21.68% | 46.13% | ||||
qoq | 8.26% | -3.25% | 3.21% | 9.53% | 7.94% | -4.65% | 1.57% | 8.13% | 11.60% | -4.44% | -1.98% | 7.89% | 7.82% | -9.94% | -52.13% | -76.30% | 9.65% | 123.55% | 32.57% | 7.51% | 54.44% | 20.14% | -14.53% | -31.75% | 19.27% | 26.67% | 24.29% | 32.04% | 24.30% | 6.48% | 5.49% | 8.46% | 6.22% | 0.17% | 5.62% | 8.57% | 7.98% | 1.34% | 7.77% | 12.06% | 9.81% | -4.18% | 3.21% | 34.57% | |
cost of revenue | 189,000,000 | 178,000,000 | 185,000,000 | 166,000,000 | 139,000,000 | 134,000,000 | 140,000,000 | 130,000,000 | 123,000,000 | 115,000,000 | 110,000,000 | 104,000,000 | 92,000,000 | 89,000,000 | 89,000,000 | 23,919,000 | 22,559,000 | 22,152,000 | 20,260,000 | 20,232,000 | 19,665,000 | 18,254,000 | 17,220,000 | 16,452,000 | 15,105,000 | 16,453,000 | 17,037,000 | 13,019,000 | |||||||||||||||||
gross profit | 519,000,000 | 476,000,000 | 491,000,000 | 489,000,000 | 459,000,000 | 420,000,000 | 441,000,000 | 442,000,000 | 406,000,000 | 359,000,000 | 386,000,000 | 402,000,000 | 377,000,000 | 346,000,000 | 394,000,000 | 443,000,000 | 635,000,000 | 467,101,000 | 240,583,000 | 538,395,000 | |||||||||||||||||||||||||
yoy | 13.07% | 13.33% | 11.34% | 10.63% | 13.05% | 16.99% | 14.25% | 9.95% | 7.69% | 3.76% | -2.03% | -9.26% | -40.63% | -25.93% | 63.77% | -17.72% | |||||||||||||||||||||||||||||
qoq | 9.03% | -3.05% | 0.41% | 6.54% | 9.29% | -4.76% | -0.23% | 8.87% | 13.09% | -6.99% | -3.98% | 6.63% | 8.96% | -12.18% | -11.06% | -30.24% | 35.94% | 94.15% | -55.31% | ||||||||||||||||||||||||||
gross margin % | 73.31% | 72.78% | 72.63% | 74.66% | 76.76% | 75.81% | 75.90% | 77.27% | 76.75% | 75.74% | 77.82% | 79.45% | 80.38% | 79.54% | 81.57% | 43.90% | 14.92% | 12.03% | 13.85% | 41.10% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||
sales and marketing | 210,000,000 | 205,000,000 | 214,000,000 | 226,000,000 | 198,000,000 | 202,000,000 | 217,000,000 | 205,000,000 | 166,000,000 | 165,000,000 | 164,000,000 | 173,000,000 | 156,000,000 | 162,000,000 | 165,000,000 | 182,000,000 | 307,000,000 | 354,492,000 | 294,354,000 | 229,434,000 | 193,593,000 | 161,744,000 | 150,826,000 | 155,598,000 | 204,648,000 | 183,761,000 | 181,347,000 | 187,433,000 | 161,587,000 | 138,869,000 | 128,734,000 | 147,727,000 | 137,291,000 | 103,935,000 | 107,108,000 | 131,218,000 | 105,940,000 | 90,109,000 | 92,794,000 | 99,256,000 | 98,760,000 | 77,817,000 | 82,044,000 | 87,942,000 | 59,286,000 |
technology and development | 150,000,000 | 154,000,000 | 151,000,000 | 153,000,000 | 149,000,000 | 149,000,000 | 145,000,000 | 144,000,000 | 147,000,000 | 141,000,000 | 142,000,000 | 140,000,000 | 137,000,000 | 129,000,000 | 142,000,000 | 119,000,000 | 114,000,000 | 114,141,000 | 111,491,000 | 128,463,000 | 148,856,000 | 126,997,000 | 127,300,000 | 128,857,000 | 134,918,000 | 125,273,000 | 123,974,000 | 120,330,000 | 107,770,000 | 111,195,000 | 105,314,000 | 100,376,000 | 93,933,000 | 85,187,000 | 83,389,000 | 78,541,000 | 72,868,000 | 72,057,000 | 69,171,000 | 67,421,000 | 64,417,000 | 55,782,000 | 53,718,000 | 51,740,000 | 37,325,000 |
general and administrative | 123,000,000 | 128,000,000 | 127,000,000 | 121,000,000 | 121,000,000 | 138,000,000 | 123,000,000 | 131,000,000 | 132,000,000 | 146,000,000 | 131,000,000 | 153,000,000 | 123,000,000 | 128,000,000 | 138,000,000 | 123,000,000 | 119,000,000 | 120,087,000 | 113,130,000 | 115,102,000 | 100,551,000 | 93,431,000 | 85,895,000 | 85,511,000 | 92,285,000 | 99,070,000 | 88,493,000 | 82,839,000 | 95,774,000 | 74,758,000 | 70,743,000 | 60,579,000 | 56,073,000 | 57,778,000 | 54,226,000 | 53,346,000 | 45,466,000 | 42,536,000 | 37,690,000 | 179,632,000 | 53,837,000 | 45,939,000 | 42,672,000 | 43,810,000 | 38,024,000 |
total operating expenses | 483,000,000 | 487,000,000 | 494,000,000 | 500,000,000 | 468,000,000 | 489,000,000 | 486,000,000 | 480,000,000 | 451,000,000 | 464,000,000 | 439,000,000 | 469,000,000 | 422,000,000 | 429,000,000 | 445,000,000 | 425,000,000 | 578,000,000 | 662,465,000 | 522,210,000 | 476,670,000 | |||||||||||||||||||||||||
income from operations | 36,000,000 | -11,000,000 | -3,000,000 | -11,000,000 | -9,000,000 | -32,000,000 | -45,000,000 | -38,000,000 | -45,000,000 | -67,000,000 | -45,000,000 | -83,000,000 | -51,000,000 | 18,000,000 | 57,000,000 | -195,364,000 | -281,627,000 | 61,725,000 | 87,593,000 | 89,352,000 | 76,447,000 | -62,685,000 | -144,502,000 | -73,774,000 | -48,446,000 | -62,538,000 | -62,727,000 | -97,719,000 | -10,297,000 | -9,595,000 | -11,364,000 | -161,226,000 | 14,746,000 | -16,558,000 | 1,164,000 | 2,712,000 | 7,841,000 | -155,330,000 | -48,077,000 | -26,339,000 | -27,678,000 | -37,591,000 | -57,923,000 | ||
yoy | -500.00% | -65.63% | -93.33% | -71.05% | -80.00% | -43.28% | 0.00% | -472.22% | -178.95% | -57.52% | -81.89% | -70.84% | -34.93% | -318.65% | -468.40% | -198.47% | -160.62% | -221.12% | -257.80% | 0.24% | 130.37% | -24.50% | 370.49% | 551.78% | 451.98% | -39.39% | -169.83% | -42.05% | -1076.29% | -6044.91% | 88.06% | -89.34% | -102.42% | -110.30% | -128.33% | 313.21% | -17.00% | ||||||||
qoq | -427.27% | 266.67% | -72.73% | 22.22% | -71.88% | -28.89% | 18.42% | -15.56% | 48.89% | -45.78% | 62.75% | -383.33% | -68.42% | -129.18% | -30.63% | -556.26% | -29.53% | -1.97% | 16.88% | -221.95% | -56.62% | 95.87% | 52.28% | -22.53% | -0.30% | -35.81% | 849.00% | 7.32% | -15.57% | -92.95% | -1193.35% | -189.06% | -1522.51% | -57.08% | -65.41% | -105.05% | 223.09% | 82.53% | -4.84% | -26.37% | -35.10% | ||||
operating margin % | 5.08% | -1.68% | -0.44% | -1.68% | -1.51% | -5.78% | -7.75% | -6.64% | -8.51% | 0% | 0% | -13.24% | -9.59% | -19.08% | -10.56% | 1.78% | 1.34% | -5.03% | -16.22% | 4.71% | 7.19% | 11.33% | 11.64% | -8.16% | -12.84% | -7.82% | -6.50% | -10.43% | -13.81% | -26.75% | -3.00% | -2.95% | -3.79% | -57.11% | 5.23% | -6.20% | 0.47% | 1.19% | 3.49% | -74.53% | -25.85% | -15.55% | -15.66% | -21.95% | -45.51% |
other income | 16,000,000 | 19,000,000 | 18,000,000 | 18,000,000 | 22,000,000 | 26,000,000 | 34,000,000 | 34,000,000 | 33,000,000 | 43,000,000 | 34,000,000 | 42,000,000 | 32,000,000 | 24,000,000 | 12,000,000 | 12,000,000 | 8,000,000 | 4,198,000 | 1,964,000 | 1,587,000 | 2,439,000 | 2,803,000 | 3,018,000 | 10,115,000 | 9,593,000 | 12,033,000 | 8,999,000 | 9,458,000 | 9,168,000 | 5,962,000 | 7,773,000 | 3,089,000 | 2,446,000 | 1,415,000 | 1,407,000 | 1,610,000 | 953,000 | 716,000 | 561,000 | 753,000 | 681,000 | 416,000 | 366,000 | 450,000 | 269,000 |
interest expense | -4,000,000 | -5,000,000 | -3,000,000 | -5,000,000 | -5,000,000 | -8,000,000 | -9,000,000 | -10,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -44,000,000 | -68,188,000 | -44,737,000 | -39,430,000 | -39,555,000 | -40,575,000 | -39,470,000 | -37,590,000 | -37,592,000 | -39,927,000 | -26,502,000 | -18,897,000 | -16,466,000 | -14,327,000 | -12,668,000 | -7,187,000 | -7,073,000 | -6,991,000 | -6,906,000 | -6,897,000 | -6,723,000 | -2,668,000 | -1,595,000 | -1,572,000 | -1,573,000 | -1,589,000 | -1,590,000 | -1,580,000 | -730,000 |
income before income taxes | 48,000,000 | 3,000,000 | 12,000,000 | 2,000,000 | 8,000,000 | -14,000,000 | -20,000,000 | -15,000,000 | -21,000,000 | 14,000,000 | 7,000,000 | -259,354,000 | -339,185,000 | 22,951,000 | 49,074,000 | 46,637,000 | 39,995,000 | -83,769,000 | -172,501,000 | -101,668,000 | -65,949,000 | -71,977,000 | -70,025,000 | -106,084,000 | -15,192,000 | -13,693,000 | -15,991,000 | -166,802,000 | 9,247,000 | -21,845,000 | -4,606,000 | -21,997,000 | 6,807,000 | -156,149,000 | -48,969,000 | -27,512,000 | -28,902,000 | ||||||||
income tax expense | -2,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -2,000,000 | -2,600,000 | |||||||||||||||||||||||||||||||||||||||
net income | 46,000,000 | 3,000,000 | 10,000,000 | 2,000,000 | 8,000,000 | -52,000,000 | -20,000,000 | -17,000,000 | -23,000,000 | -73,000,000 | -28,000,000 | -35,000,000 | -22,000,000 | -72,000,000 | -53,000,000 | 8,000,000 | 16,000,000 | -261,208,000 | -328,174,000 | 9,641,000 | 51,964,000 | 46,036,000 | 39,570,000 | -84,448,000 | -163,273,000 | -101,210,000 | -64,649,000 | -71,977,000 | -67,525,000 | -97,682,000 | -492,000 | -3,093,000 | -18,591,000 | -77,175,000 | 9,206,000 | -21,845,000 | -4,606,000 | -23,491,000 | 6,807,000 | -156,149,000 | -47,605,000 | -25,720,000 | -26,049,000 | -38,721,000 | -58,384,000 |
yoy | 475.00% | -105.77% | -150.00% | -111.76% | -134.78% | -28.77% | -28.57% | -51.43% | 4.55% | 1.39% | -47.17% | -537.50% | -237.50% | -72.44% | -83.85% | -17.02% | -69.21% | -667.40% | -929.35% | -111.42% | -131.83% | -145.49% | -161.21% | 17.33% | 141.80% | 3.61% | 13040.04% | 2227.09% | 263.21% | 26.57% | -105.34% | -85.84% | 303.63% | 228.53% | 35.24% | -86.01% | -90.32% | -8.67% | -126.13% | 303.27% | -18.46% | ||||
qoq | 1433.33% | -70.00% | 400.00% | -75.00% | -115.38% | 160.00% | 17.65% | -26.09% | -68.49% | 160.71% | -20.00% | 59.09% | -69.44% | 35.85% | -762.50% | -50.00% | -106.13% | -20.41% | -3503.94% | -81.45% | 12.88% | 16.34% | -146.86% | -48.28% | 61.32% | 56.55% | -10.18% | 6.59% | -30.87% | 19754.07% | -84.09% | -83.36% | -75.91% | -938.31% | -142.14% | 374.27% | -80.39% | -445.10% | -104.36% | 228.01% | 85.09% | -1.26% | -32.73% | -33.68% | |
net income margin % | 6.50% | 0.46% | 1.48% | 0.31% | 1.34% | -9.39% | -3.44% | -2.97% | -4.35% | -15.40% | -5.65% | -6.92% | -4.69% | -16.55% | -10.97% | 0.79% | 0.38% | -6.73% | -18.90% | 0.74% | 4.26% | 5.84% | 6.03% | -10.99% | -14.50% | -10.72% | -8.68% | -12.00% | -14.87% | -26.74% | -0.14% | -0.95% | -6.20% | -27.34% | 3.27% | -8.19% | -1.87% | -10.32% | 3.03% | -74.93% | -25.60% | -15.19% | -14.74% | -22.61% | -45.87% |
net income per share | -0.22 | -0.08 | -0.07 | -0.1 | -0.09 | -0.12 | -0.38 | -0.78 | -0.49 | -0.31 | -0.35 | -0.33 | -0.5 | -0.02 | -0.1 | -0.42 | 0.05 | -0.12 | -0.03 | -0.12 | 0.04 | -0.87 | -0.27 | -0.14 | -0.15 | -0.66 | -1.19 | ||||||||||||||||||
basic | 0.19 | 0.01 | 0.04 | 0.01 | 0.03 | -0.15 | -0.09 | -0.3 | -0.22 | 0.03 | 0.06 | -0.268 | -1.29 | 0.04 | 0.21 | -0.238 | 0.17 | ||||||||||||||||||||||||||||
diluted | 0.19 | 0.01 | 0.04 | 0.01 | 0.03 | -0.15 | -0.09 | -0.3 | -0.22 | 0.03 | 0.06 | -0.268 | -1.29 | 0.04 | 0.2 | -0.238 | 0.16 | ||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||
basic | 235,682 | 241,930 | 242,326 | 241,083 | 242,256 | 233,575 | 233,629 | 234,425 | 242,163 | 240,080 | 243,942 | 248,542 | 254,074 | 248,152 | 243,234 | 229,719 | |||||||||||||||||||||||||||||
diluted | 239,644 | 254,117 | 256,243 | 251,665 | 256,192 | 233,575 | 233,629 | 234,425 | 242,163 | 240,080 | 245,163 | 251,963 | 254,074 | 261,496 | 259,346 | 242,632 | |||||||||||||||||||||||||||||
impairment costs | 500,000 | 2,000,000 | 6,000,000 | 76,800,000 | 69,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||||||||||
acquisition-related costs | 1,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 892,000 | 3,235,000 | 3,671,000 | 817,000 | 268,000 | 1,405,000 | 632,000 | 27,000 | 97,000 | 218,000 | 43,000 | 105,000 | 533,000 | 93,000 | 204,000 | 593,000 | 432,000 | 1,988,000 | 1,679,000 | 12,477,000 | |||||||||||||||||||||
loss on extinguishment of debt | -250,000 | -1,000,000 | -7,000,000 | -14,000,000 | -1,403,000 | ||||||||||||||||||||||||||||||||||||||||
impairment and restructuring costs | 10,000,000 | 1,000,000 | 2,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||
net income per share | -0.22 | -0.08 | -0.07 | -0.1 | -0.09 | -0.12 | -0.38 | -0.78 | -0.49 | -0.31 | -0.35 | -0.33 | -0.5 | -0.02 | -0.1 | -0.42 | 0.05 | -0.12 | -0.03 | -0.12 | 0.04 | -0.87 | -0.27 | -0.14 | -0.15 | -0.66 | -1.19 | ||||||||||||||||||
weighted-average shares outstanding - basic and diluted | 234,077 | 232,521 | 233,453 | 234,695 | 233,295 | ||||||||||||||||||||||||||||||||||||||||
loss from continuing operations | -41,250,000 | -53,000,000 | |||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations before income taxes | -21,000,000 | -28,000,000 | |||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -3,000,000 | -1,000,000 | -4,000,000 | -3,000,000 | -6,000,000 | 9,000,000 | -1,854,000 | 11,011,000 | -13,310,000 | 2,890,000 | -601,000 | -425,000 | -679,000 | 9,228,000 | 458,000 | 1,300,000 | 2,500,000 | 8,402,000 | 14,700,000 | 10,600,000 | 89,627,000 | -41,000 | -1,494,000 | 1,364,000 | 1,792,000 | 2,853,000 | |||||||||||||||||||
net income from continuing operations | -73,000,000 | -28,000,000 | -35,000,000 | -22,000,000 | -72,000,000 | -51,000,000 | |||||||||||||||||||||||||||||||||||||||
net loss from discontinued operations, net of income taxes | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net loss from continuing operations per share - basic and diluted | -0.09 | -0.12 | |||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | -34,000,000 | -22,000,000 | -68,000,000 | -48,000,000 | |||||||||||||||||||||||||||||||||||||||||
net income from continuing operations per share: | |||||||||||||||||||||||||||||||||||||||||||||
basic | -0.15 | -0.09 | -0.29 | -0.21 | |||||||||||||||||||||||||||||||||||||||||
diluted | -0.15 | -0.09 | -0.29 | -0.21 | |||||||||||||||||||||||||||||||||||||||||
restructuring costs | 3,500,000 | 1,000,000 | 38,000,000 | 409,000 | 3,425,000 | 6,652,000 | 25,065,000 | ||||||||||||||||||||||||||||||||||||||
homes | 505,000,000 | 3,721,000,000 | 3,348,323,000 | 1,186,158,000 | 777,145,000 | 704,152,000 | 304,145,000 | 187,105,000 | 454,252,000 | 769,873,000 | 603,228,000 | 384,626,000 | 248,924,000 | 128,472,000 | 41,347,000 | 11,018,000 | |||||||||||||||||||||||||||||
imt | 475,000,000 | 490,000,000 | 483,169,000 | 480,195,000 | 476,090,000 | 446,328,000 | 423,838,000 | 415,389,000 | 280,339,000 | 330,666,000 | 319,665,000 | 335,290,000 | 323,669,000 | 298,272,000 | 323,988,000 | 332,076,000 | 325,246,000 | ||||||||||||||||||||||||||||
cost of revenue: | |||||||||||||||||||||||||||||||||||||||||||||
total cost of revenue | 566,000,000 | 3,622,000,000 | 3,415,212,000 | 1,496,060,000 | 771,585,000 | 687,030,000 | 317,428,000 | 216,224,000 | 461,071,000 | 761,672,000 | 609,617,000 | 399,835,000 | 271,221,000 | 151,348,000 | 67,472,000 | 36,672,000 | 25,527,000 | ||||||||||||||||||||||||||||
gain on extinguishment of debt | -14,785,000 | -931,000 | |||||||||||||||||||||||||||||||||||||||||||
cost of revenue (exclusive of amortization) : | |||||||||||||||||||||||||||||||||||||||||||||
total costs and expenses | 1,130,847,000 | 699,600,000 | 580,245,000 | 831,037,000 | 1,270,323,000 | 1,017,721,000 | 793,654,000 | 662,116,000 | 516,831,000 | 463,054,000 | 353,391,000 | 334,841,000 | 311,243,000 | 443,556,000 | 267,093,000 | 283,408,000 | 244,611,000 | 224,900,000 | 216,751,000 | 363,733,000 | 234,059,000 | 195,709,000 | 204,443,000 | 208,860,000 | 185,196,000 | ||||||||||||||||||||
____________________ amortization of website development costs and intangible assets included in technology and development | 20,838 | 19,977 | 19,245 | 18,857 | 17,184 | 17,046 | 15,835 | 14,656 | 14,400 | 15,433.75 | 18,165 | 21,020 | 22,549 | ||||||||||||||||||||||||||||||||
integration costs | 5,000 | 293,000 | 352,000 | 1,492,000 | 523,000 | ||||||||||||||||||||||||||||||||||||||||
gain on partial extinguishment of 2021 notes | 1,597,750 | 6,391,000 | |||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding — basic and diluted | 249,937 | 223,848 | 219,467 | 210,674 | 206,380 | 207,002 | 205,754 | 204,514 | 197,944 | 194,155 | 191,464 | 185,439 | 183,158 | 179,451 | 178,686 | 177,098 | 58,714 | 49,130 | |||||||||||||||||||||||||||
weighted-average shares outstanding — basic | 202,416 | 187,692 | 180,583 | ||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding — diluted | 202,416 | 196,425 | 189,661 | ||||||||||||||||||||||||||||||||||||||||||
costs and expenses: | |||||||||||||||||||||||||||||||||||||||||||||
gain on divestiture of business | |||||||||||||||||||||||||||||||||||||||||||||
amortization of website development costs and intangible assets included in technology and development | 34,487 | 13,442 | 23,159 | 23,261 | 22,130 | 21,917 | 20,845 | 20,059 | 17,885 | 16,405 | 17,117 | 11,782 | |||||||||||||||||||||||||||||||||
loss on divestiture of businesses | -1,251,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss on divestiture of business | 225,000 | 4,143,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 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 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 678,000,000 | 768,000,000 | 874,000,000 | 587,000,000 | 914,000,000 | 1,082,000,000 | 1,072,000,000 | 1,181,000,000 | 1,439,000,000 | 1,492,000,000 | 1,846,000,000 | 1,566,000,000 | 1,394,000,000 | 1,466,000,000 | 1,973,000,000 | 2,181,000,000 | 2,594,000,000 | 2,611,499,000 | 2,195,366,000 | 3,713,156,000 | 3,401,762,000 | 1,703,130,000 | 1,904,785,000 | 2,045,474,000 | 1,567,710,000 | 1,141,263,000 | 1,791,918,000 | 766,698,000 | 736,507,000 | 651,058,000 | 643,792,000 | 431,045,000 | 397,393,000 | 352,095,000 | 319,942,000 | 276,465,000 | 261,524,000 | 243,592,000 | 190,760,000 | 155,210,000 | 232,443,000 | 229,138,000 | 233,539,000 | 302,272,000 | 307,852,000 |
short-term investments | 105,000,000 | 527,000,000 | 515,000,000 | 571,000,000 | 689,000,000 | 776,000,000 | 1,101,000,000 | 1,447,000,000 | 1,478,000,000 | 1,318,000,000 | 1,421,000,000 | 1,745,000,000 | 1,975,000,000 | 1,896,000,000 | 1,516,000,000 | 1,362,000,000 | 1,032,000,000 | 513,922,000 | 1,020,083,000 | 880,875,000 | 1,294,051,000 | 2,218,108,000 | 1,885,385,000 | 1,491,167,000 | 993,258,000 | 1,280,989,000 | 531,679,000 | 673,029,000 | 780,963,000 | 903,867,000 | 999,241,000 | 468,541,000 | 425,593,000 | 410,444,000 | 361,038,000 | 322,463,000 | 297,520,000 | 262,870,000 | 253,845,000 | 264,933,000 | 281,218,000 | 291,151,000 | 303,220,000 | 322,695,000 | 320,581,000 |
accounts receivable | 153,000,000 | 149,000,000 | 157,000,000 | 151,000,000 | 115,000,000 | 104,000,000 | 117,000,000 | 115,000,000 | 100,000,000 | 96,000,000 | 97,000,000 | 90,000,000 | 75,000,000 | 72,000,000 | 78,000,000 | 74,000,000 | 99,000,000 | 154,937,000 | 161,080,000 | 101,927,000 | 82,461,000 | 69,940,000 | 79,642,000 | 66,878,000 | 71,782,000 | 67,005,000 | 77,674,000 | 82,261,000 | 70,605,000 | 66,083,000 | 66,337,000 | 64,083,000 | 54,558,000 | 54,396,000 | 53,951,000 | 47,716,000 | 41,868,000 | 40,527,000 | 39,939,000 | 35,494,000 | 32,270,000 | 29,789,000 | 33,568,000 | 35,198,000 | 31,267,000 |
mortgage loans held for sale | 361,000,000 | 386,000,000 | 291,000,000 | 250,000,000 | 185,000,000 | 159,000,000 | 164,000,000 | 195,000,000 | 132,000,000 | 100,000,000 | 96,000,000 | 73,000,000 | 48,000,000 | 41,000,000 | 49,000,000 | 61,000,000 | 93,000,000 | 106,753,000 | 221,390,000 | 171,450,000 | 274,319,000 | 330,758,000 | 125,324,000 | 75,021,000 | 36,848,000 | 36,507,000 | 36,762,000 | 38,653,000 | 29,469,000 | 35,409,000 | |||||||||||||||
prepaid expenses and other current assets | 357,000,000 | 287,000,000 | 277,000,000 | 257,000,000 | 247,000,000 | 210,000,000 | 212,000,000 | 189,000,000 | 170,000,000 | 140,000,000 | 149,000,000 | 155,000,000 | 152,000,000 | 126,000,000 | 153,000,000 | 141,000,000 | 386,000,000 | 153,555,000 | 143,756,000 | 107,687,000 | 107,877,000 | 75,846,000 | 73,604,000 | 56,373,000 | 57,635,000 | 58,117,000 | 66,413,000 | 62,062,000 | 69,292,000 | 61,067,000 | 38,904,000 | 38,169,000 | 44,703,000 | 24,590,000 | 30,014,000 | 39,979,000 | 29,559,000 | 34,817,000 | 17,238,000 | 15,728,000 | 21,006,000 | 24,016,000 | 25,205,000 | 21,888,000 | 25,035,000 |
restricted cash | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 92,000,000 | 226,651,000 | 331,019,000 | 141,024,000 | 120,713,000 | 75,805,000 | 44,103,000 | 33,620,000 | 56,428,000 | 89,646,000 | 75,004,000 | 43,882,000 | 27,595,000 | 12,385,000 | 3,203,000 | 1,053,000 | 1,053,000 | 1,053,000 | 1,053,000 | 1,053,000 | 1,053,000 | 1,053,000 | 3,015,000 | 6,739,000 | 6,635,000 | 6,800,000 | |||
total current assets | 1,659,000,000 | 2,122,000,000 | 2,119,000,000 | 1,821,000,000 | 2,154,000,000 | 2,334,000,000 | 2,669,000,000 | 3,129,000,000 | 3,322,000,000 | 3,149,000,000 | 3,612,000,000 | 3,631,000,000 | 3,646,000,000 | 3,603,000,000 | 3,771,000,000 | 3,844,000,000 | 4,790,000,000 | 7,679,979,000 | 7,830,901,000 | 6,285,720,000 | 5,753,580,000 | 4,964,880,000 | 4,306,126,000 | 3,903,934,000 | 3,317,650,000 | 3,510,154,000 | 3,458,803,000 | 2,219,408,000 | 2,039,585,000 | 1,892,698,000 | 1,794,734,000 | 1,007,504,000 | 922,247,000 | 841,525,000 | 764,945,000 | 686,623,000 | 630,471,000 | 581,806,000 | 501,782,000 | 471,365,000 | 566,937,000 | 574,094,000 | 595,532,000 | 682,053,000 | 684,735,000 |
contract cost assets | 27,000,000 | 27,000,000 | 27,000,000 | 28,000,000 | 27,000,000 | 25,000,000 | 24,000,000 | 23,000,000 | 23,000,000 | 23,000,000 | 23,000,000 | 23,000,000 | 23,000,000 | 23,000,000 | 25,000,000 | 27,000,000 | 31,000,000 | 35,465,000 | 41,225,000 | 47,938,000 | 50,182,000 | 50,719,000 | 50,488,000 | 47,747,000 | 46,565,000 | 45,209,000 | 46,047,000 | 46,271,000 | 46,176,000 | 45,819,000 | 45,238,000 | 43,384,000 | 42,465,000 | ||||||||||||
property and equipment | 352,000,000 | 350,000,000 | 371,000,000 | 373,000,000 | 364,000,000 | 360,000,000 | 356,000,000 | 356,000,000 | 343,000,000 | 328,000,000 | 324,000,000 | 309,000,000 | 290,000,000 | 271,000,000 | 261,000,000 | 246,000,000 | 234,000,000 | 214,555,000 | 202,450,000 | 189,950,000 | 190,234,000 | 196,152,000 | 198,243,000 | 195,747,000 | 188,032,000 | 170,489,000 | 154,251,000 | 145,932,000 | 142,146,000 | 135,172,000 | 124,281,000 | 118,242,000 | 114,828,000 | 112,271,000 | 110,741,000 | 103,004,000 | 94,945,000 | 98,288,000 | 94,045,000 | 98,799,000 | 92,839,000 | 89,639,000 | 85,745,000 | 81,416,000 | 72,936,000 |
right of use assets | 59,000,000 | 56,000,000 | 58,000,000 | 62,000,000 | 57,000,000 | 59,000,000 | 61,000,000 | 63,000,000 | 66,000,000 | 73,000,000 | 103,000,000 | 108,000,000 | 114,000,000 | 126,000,000 | 127,000,000 | 133,000,000 | 140,000,000 | 129,932,000 | 158,841,000 | 175,058,000 | 180,610,000 | 187,960,000 | 193,789,000 | 199,422,000 | 205,688,000 | 212,153,000 | 218,564,000 | 210,080,000 | 102,056,000 | ||||||||||||||||
goodwill | 2,823,000,000 | 2,823,000,000 | 2,823,000,000 | 2,823,000,000 | 2,823,000,000 | 2,823,000,000 | 2,818,000,000 | 2,818,000,000 | 2,817,000,000 | 2,817,000,000 | 2,416,000,000 | 2,374,000,000 | 2,374,000,000 | 2,374,000,000 | 2,374,000,000 | 2,374,000,000 | 2,374,000,000 | 2,373,792,000 | 2,374,801,000 | 1,984,907,000 | 1,984,907,000 | 1,984,907,000 | 1,984,907,000 | 1,984,907,000 | 1,984,907,000 | 1,984,907,000 | 1,984,907,000 | 1,984,907,000 | 1,984,907,000 | 1,984,907,000 | 1,931,076,000 | 1,931,076,000 | 1,931,076,000 | 1,931,076,000 | 1,931,260,000 | 1,927,450,000 | 1,927,450,000 | 1,923,480,000 | 1,923,480,000 | 1,919,777,000 | 1,919,777,000 | 1,909,167,000 | 1,909,820,000 | 1,832,961,000 | 1,833,427,000 |
intangible assets | 272,000,000 | 279,000,000 | 273,000,000 | 285,000,000 | 297,000,000 | 207,000,000 | 211,000,000 | 222,000,000 | 232,000,000 | 241,000,000 | 162,000,000 | 153,000,000 | 154,000,000 | 154,000,000 | 149,000,000 | 153,000,000 | 165,000,000 | 180,072,000 | 195,038,000 | 81,362,000 | 87,711,000 | 94,767,000 | 100,649,000 | 106,990,000 | 112,274,000 | 190,567,000 | 197,527,000 | 202,824,000 | 207,933,000 | 215,904,000 | 290,887,000 | 299,228,000 | 307,919,000 | 319,711,000 | 505,696,000 | 514,513,000 | 525,771,000 | 527,464,000 | 537,177,000 | 539,965,000 | 549,267,000 | 554,765,000 | 563,540,000 | 565,345,000 | 569,125,000 |
other assets | 34,000,000 | 28,000,000 | 27,000,000 | 24,000,000 | 24,000,000 | 21,000,000 | 20,000,000 | 17,000,000 | 20,000,000 | 21,000,000 | 16,000,000 | 20,000,000 | 13,000,000 | 12,000,000 | 11,000,000 | 6,000,000 | 86,000,000 | 6,556,000 | 9,481,000 | 10,486,000 | 8,678,000 | 7,175,000 | 9,373,000 | 11,041,000 | 16,624,000 | 18,494,000 | 15,889,000 | 16,498,000 | 16,763,000 | 16,616,000 | 16,241,000 | 26,739,000 | 25,602,000 | 25,934,000 | 27,006,000 | 27,442,000 | 17,404,000 | 17,586,000 | 6,967,000 | 6,142,000 | 5,380,000 | 5,020,000 | 1,073,000 | 1,452,000 | 1,171,000 |
total assets | 5,226,000,000 | 5,685,000,000 | 5,698,000,000 | 5,416,000,000 | 5,746,000,000 | 5,829,000,000 | 6,159,000,000 | 6,628,000,000 | 6,823,000,000 | 6,652,000,000 | 6,656,000,000 | 6,618,000,000 | 6,614,000,000 | 6,563,000,000 | 6,718,000,000 | 6,783,000,000 | 7,820,000,000 | 10,695,454,000 | 10,837,639,000 | 8,775,421,000 | 8,255,902,000 | 7,486,560,000 | 6,843,575,000 | 6,449,788,000 | 5,871,740,000 | 6,131,973,000 | 6,075,988,000 | 4,825,920,000 | 4,539,566,000 | 4,291,116,000 | 4,202,457,000 | 3,426,173,000 | 3,344,137,000 | 3,230,517,000 | 3,340,701,000 | 3,260,085,000 | 3,197,094,000 | 3,149,677,000 | 3,064,504,000 | 3,037,101,000 | 3,135,253,000 | 3,135,700,000 | 3,162,449,000 | 3,169,862,000 | 3,168,194,000 |
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 68,000,000 | 36,000,000 | 38,000,000 | 56,000,000 | 35,000,000 | 30,000,000 | 53,000,000 | 39,000,000 | 34,000,000 | 28,000,000 | 28,000,000 | 21,000,000 | 21,000,000 | 20,000,000 | 19,000,000 | 16,000,000 | 24,000,000 | 17,230,000 | 30,891,000 | 15,640,000 | 17,044,000 | 18,974,000 | 19,352,000 | 14,307,000 | 17,819,000 | 8,343,000 | 9,717,000 | 8,028,000 | 7,708,000 | 7,471,000 | 5,846,000 | 5,928,000 | 5,194,000 | 3,587,000 | 4,915,000 | 2,037,000 | 4,157,000 | 4,257,000 | 6,697,000 | 17,144,000 | 4,995,000 | 3,361,000 | 6,124,000 | 11,908,000 | 13,661,000 |
accrued expenses and other current liabilities | 163,000,000 | 134,000,000 | 133,000,000 | 121,000,000 | 111,000,000 | 105,000,000 | 114,000,000 | 111,000,000 | 104,000,000 | 107,000,000 | 87,000,000 | 118,000,000 | 101,000,000 | 90,000,000 | 112,000,000 | 92,000,000 | 119,000,000 | 161,459,000 | 261,547,000 | 175,876,000 | 121,692,000 | 94,487,000 | 93,901,000 | 74,646,000 | 88,897,000 | 85,442,000 | 76,061,000 | 68,520,000 | 63,212,000 | 63,101,000 | 58,533,000 | 55,360,000 | 55,034,000 | 61,373,000 | 55,598,000 | 43,273,000 | 43,742,000 | 38,427,000 | 34,745,000 | 48,475,000 | 46,434,000 | 43,047,000 | 67,449,000 | 60,134,000 | 52,468,000 |
accrued compensation and benefits | 70,000,000 | 62,000,000 | 59,000,000 | 57,000,000 | 52,000,000 | 57,000,000 | 49,000,000 | 46,000,000 | 47,000,000 | 47,000,000 | 52,000,000 | 50,000,000 | 45,000,000 | 48,000,000 | 56,000,000 | 61,000,000 | 102,000,000 | 108,464,000 | 59,858,000 | 55,564,000 | 49,844,000 | 47,666,000 | 35,474,000 | 34,520,000 | 32,838,000 | 37,805,000 | 33,540,000 | 32,001,000 | 30,300,000 | 31,388,000 | 25,612,000 | 23,418,000 | 22,746,000 | 19,109,000 | 25,252,000 | 24,560,000 | 26,596,000 | 24,057,000 | 24,611,000 | 24,303,000 | 20,185,000 | 11,392,000 | 12,430,000 | 11,800,000 | 16,786,000 |
borrowings under master repurchase agreements | 335,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 74,000,000 | 69,000,000 | 69,000,000 | 70,000,000 | 70,000,000 | 62,000,000 | 57,000,000 | 59,000,000 | 58,000,000 | 52,000,000 | 48,000,000 | 49,000,000 | 49,000,000 | 44,000,000 | 50,000,000 | 52,000,000 | 56,000,000 | 51,484,000 | 54,200,000 | 53,547,000 | 54,192,000 | 48,995,000 | 49,153,000 | 44,514,000 | 35,347,000 | 39,747,000 | 41,955,000 | 37,080,000 | 36,105,000 | 34,080,000 | 35,959,000 | 35,920,000 | 35,297,000 | 31,918,000 | 31,060,000 | 30,912,000 | 30,875,000 | 29,154,000 | 27,005,000 | 25,651,000 | 24,749,000 | 21,450,000 | 19,820,000 | 23,199,000 | 23,768,000 |
lease liabilities, current portion | 14,000,000 | 14,000,000 | 13,000,000 | 12,000,000 | 15,000,000 | 14,000,000 | 15,000,000 | 16,000,000 | 27,000,000 | 37,000,000 | 28,000,000 | 29,000,000 | 29,000,000 | 31,000,000 | 30,000,000 | 28,000,000 | 23,000,000 | 23,503,000 | 29,437,000 | 27,963,000 | 28,465,000 | 28,310,000 | 28,307,000 | 22,789,000 | 20,290,000 | 17,592,000 | 17,937,000 | 18,794,000 | 19,561,000 | ||||||||||||||||
total current liabilities | 724,000,000 | 679,000,000 | 584,000,000 | 546,000,000 | 875,000,000 | 831,000,000 | 854,000,000 | 1,478,000,000 | 1,001,000,000 | 971,000,000 | 941,000,000 | 333,000,000 | 287,000,000 | 270,000,000 | 312,000,000 | 304,000,000 | 1,202,000,000 | 3,882,449,000 | 3,110,268,000 | 1,646,517,000 | 933,412,000 | 908,641,000 | 466,168,000 | 387,445,000 | 671,475,000 | 920,517,000 | 907,606,000 | 604,279,000 | 430,905,000 | 287,498,000 | 153,190,000 | 123,248,000 | 120,697,000 | 118,387,000 | 118,755,000 | 102,530,000 | 106,821,000 | 97,242,000 | 94,294,000 | 116,788,000 | 97,566,000 | 80,422,000 | 106,983,000 | 112,375,000 | 115,020,000 |
lease liabilities, net of current portion | 80,000,000 | 79,000,000 | 82,000,000 | 86,000,000 | 80,000,000 | 83,000,000 | 86,000,000 | 89,000,000 | 92,000,000 | 95,000,000 | 119,000,000 | 126,000,000 | 133,000,000 | 139,000,000 | 141,000,000 | 150,000,000 | 156,000,000 | 147,967,000 | 174,433,000 | 193,891,000 | 200,762,000 | 207,723,000 | 214,503,000 | 214,752,000 | 216,122,000 | 220,445,000 | 223,989,000 | 211,593,000 | 102,405,000 | ||||||||||||||||
other long-term liabilities | 14,000,000 | 43,000,000 | 40,000,000 | 38,000,000 | 37,000,000 | 67,000,000 | 66,000,000 | 63,000,000 | 64,000,000 | 60,000,000 | 10,000,000 | 10,000,000 | 13,000,000 | 12,000,000 | 11,000,000 | 5,000,000 | 4,000,000 | 4,503,000 | 15,714,000 | 14,411,000 | 14,485,000 | ||||||||||||||||||||||||
total liabilities | 818,000,000 | 801,000,000 | 706,000,000 | 670,000,000 | 992,000,000 | 981,000,000 | 1,503,000,000 | 2,127,000,000 | 2,158,000,000 | 2,126,000,000 | 2,127,000,000 | 2,132,000,000 | 2,094,000,000 | 2,081,000,000 | 2,123,000,000 | 2,116,000,000 | 3,018,000,000 | 5,354,143,000 | 5,066,653,000 | 3,131,306,000 | 2,745,864,000 | 2,744,744,000 | 2,540,220,000 | 2,426,730,000 | 2,455,979,000 | 2,696,552,000 | 2,624,110,000 | 1,547,814,000 | 1,256,434,000 | 1,023,937,000 | 883,438,000 | 572,492,000 | 575,696,000 | 569,694,000 | 651,709,000 | 629,582,000 | 628,108,000 | 616,090,000 | 472,798,000 | 494,329,000 | 473,798,000 | 456,647,000 | 489,008,000 | 499,420,000 | |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value... | |||||||||||||||||||||||||||||||||||||||||||||
class a common stock, 0.0001 par value... | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |||||||||||||||||
class b common stock, 0.0001 par value... | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||||||||||||||
class c capital stock, 0.0001 par value... | 18,000 | 19,000 | 18,000 | 18,000 | 17,000 | 17,000 | 16,000 | 15,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | |||||||||||||||||||
additional paid-in capital | 6,221,000,000 | 6,741,000,000 | 6,852,000,000 | 6,617,000,000 | 6,628,000,000 | 6,733,000,000 | 6,482,000,000 | 6,322,000,000 | 6,469,000,000 | 6,301,000,000 | 6,247,000,000 | 6,174,000,000 | 6,157,000,000 | 6,109,000,000 | 6,154,000,000 | 6,167,000,000 | 6,298,000,000 | 7,001,084,000 | 7,176,633,000 | 6,721,435,000 | 6,596,850,000 | 5,880,883,000 | 5,488,161,000 | 5,246,371,000 | 4,551,866,000 | 4,412,200,000 | 4,327,003,000 | 4,088,470,000 | 4,022,218,000 | 3,939,842,000 | 3,894,757,000 | 3,428,541,000 | 3,340,387,000 | 3,254,146,000 | 3,204,383,000 | 3,155,202,000 | 3,071,664,000 | 3,030,854,000 | 3,065,042,000 | 3,022,736,000 | 2,985,478,000 | 2,956,111,000 | 2,924,038,000 | 2,895,155,000 | 2,853,941,000 |
accumulated other comprehensive income | 2,000,000 | 2,000,000 | 1,000,000 | 4,000,000 | -15,000,000 | -19,000,000 | -13,000,000 | -1,000,000 | 7,234,000 | 151,000 | 305,000 | 454,000 | 164,000 | 461,000 | 1,525,000 | 4,286,000 | 340,000 | 784,000 | 896,000 | 197,000 | 198,000 | 377,000 | 169,000 | 270,000 | 117,000 | 138,000 | |||||||||||||||||||
accumulated deficit | -1,813,000,000 | -1,859,000,000 | -1,862,000,000 | -1,872,000,000 | -1,874,000,000 | -1,882,000,000 | -1,830,000,000 | -1,810,000,000 | -1,793,000,000 | -1,770,000,000 | -1,697,000,000 | -1,669,000,000 | -1,634,000,000 | -1,612,000,000 | -1,540,000,000 | -1,487,000,000 | -1,495,000,000 | -1,667,032,000 | -1,405,824,000 | -1,077,650,000 | -1,087,291,000 | -1,139,255,000 | -1,185,291,000 | -1,224,861,000 | -1,140,413,000 | -977,140,000 | -875,930,000 | -811,281,000 | -739,304,000 | -671,779,000 | -574,097,000 | -573,605,000 | -570,512,000 | -592,243,000 | -515,066,000 | -524,274,000 | -502,429,000 | -497,043,000 | -473,552,000 | -480,359,000 | -324,210,000 | -276,605,000 | -250,885,000 | -224,836,000 | -186,115,000 |
total shareholders’ equity | 4,408,000,000 | 4,884,000,000 | 4,992,000,000 | 4,746,000,000 | 4,754,000,000 | 4,848,000,000 | 4,656,000,000 | 4,501,000,000 | 4,665,000,000 | 4,526,000,000 | 4,529,000,000 | 4,486,000,000 | 4,520,000,000 | 4,482,000,000 | 4,595,000,000 | 4,667,000,000 | 4,802,000,000 | 5,341,311,000 | 5,770,986,000 | 5,644,115,000 | 5,510,038,000 | 4,741,816,000 | 4,303,355,000 | 4,023,058,000 | 3,415,761,000 | 3,435,421,000 | 3,451,878,000 | 3,278,106,000 | 3,283,132,000 | 3,267,179,000 | 3,319,019,000 | 2,853,681,000 | 2,768,441,000 | 2,660,823,000 | 2,688,992,000 | 2,630,503,000 | 2,568,986,000 | 2,533,587,000 | 2,591,706,000 | 2,542,772,000 | 2,661,455,000 | 2,679,053,000 | 2,673,441,000 | 2,670,442,000 | 2,667,970,000 |
total liabilities and shareholders’ equity | 5,226,000,000 | 5,685,000,000 | 5,698,000,000 | 5,416,000,000 | 5,746,000,000 | 5,829,000,000 | 6,159,000,000 | 6,628,000,000 | 6,823,000,000 | 6,652,000,000 | 6,656,000,000 | 6,618,000,000 | 6,614,000,000 | 6,563,000,000 | 6,718,000,000 | 6,783,000,000 | 7,820,000,000 | 10,695,454,000 | 10,837,639,000 | 8,775,421,000 | 8,255,902,000 | 7,486,560,000 | 6,843,575,000 | 6,449,788,000 | 5,871,740,000 | 6,131,973,000 | 6,075,988,000 | 4,825,920,000 | 4,539,566,000 | 4,291,116,000 | 4,202,457,000 | 3,426,173,000 | 3,344,137,000 | 3,230,517,000 | 3,340,701,000 | 3,260,085,000 | 3,197,094,000 | 3,149,677,000 | 3,064,504,000 | 3,037,101,000 | 3,135,253,000 | 3,135,700,000 | 3,162,449,000 | 3,169,862,000 | 3,168,194,000 |
borrowings under credit facilities | 364,000,000 | 272,000,000 | 230,000,000 | 173,000,000 | 145,000,000 | 148,000,000 | 182,000,000 | 123,000,000 | 93,000,000 | 91,000,000 | 66,000,000 | 42,000,000 | 37,000,000 | 45,000,000 | 55,000,000 | 88,000,000 | 2,311,556,000 | 2,674,335,000 | 987,832,000 | 662,175,000 | 670,209,000 | 232,397,000 | 187,032,000 | 466,647,000 | 721,951,000 | ||||||||||||||||||||
convertible senior notes | 419,000,000 | 1,663,000,000 | 1,661,000,000 | 1,660,000,000 | 1,659,000,000 | 1,657,000,000 | 1,656,000,000 | 1,319,224,000 | 1,597,205,000 | ||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -3,000,000 | -11,000,000 | -11,000,000 | -5,000,000 | -21,000,000 | -19,000,000 | -3,000,000 | -905,000 | -1,661,000 | -1,275,000 | -1,454,000 | -1,100,000 | -345,000 | -444,000 | -267,000 | -242,000 | -471,000 | ||||||||||||||||||||||||||||
convertible senior notes, current portion | 418,000,000 | 418,000,000 | 1,025,000,000 | 608,000,000 | 607,000,000 | 607,000,000 | 330,095,000 | 7,584,000 | 9,637,000 | 9,637,000 | 9,637,000 | ||||||||||||||||||||||||||||||||||
convertible senior notes, net of current portion | 497,000,000 | 497,000,000 | 1,001,000,000 | 1,000,000,000 | 1,057,000,000 | 1,276,487,000 | 1,613,523,000 | 1,838,010,000 | 1,810,341,000 | ||||||||||||||||||||||||||||||||||||
current assets of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||
noncurrent assets of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||
current liabilities of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||
inventory | 23,000,000 | 494,000,000 | 3,912,662,000 | 3,758,207,000 | 1,169,601,000 | 472,397,000 | 491,293,000 | 193,283,000 | 135,401,000 | 533,989,000 | 836,627,000 | 879,353,000 | 552,823,000 | 325,154,000 | 162,829,000 | 43,257,000 | 5,666,000 | ||||||||||||||||||||||||||||
securitization term loans | 790,000,000 | 1,208,753,000 | |||||||||||||||||||||||||||||||||||||||||||
beneficial interests in securitizations | 75,103,000 | ||||||||||||||||||||||||||||||||||||||||||||
beneficial interest in securitization | 24,902,000 | ||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 1,766,238,000 | 1,565,949,000 | 1,543,402,000 | 1,478,719,000 | 716,819,000 | 707,860,000 | 699,020,000 | 690,338,000 | 394,420,000 | 389,624,000 | 385,416,000 | 380,795,000 | 376,259,000 | 371,757,000 | 367,404,000 | 230,000,000 | 230,000,000 | 230,000,000 | 230,000,000 | 230,000,000 | 230,000,000 | 230,000,000 | |||||||||||||||||||||||
deferred tax liabilities and other long-term liabilities | 14,857,000 | 21,539,000 | 14,192,000 | 2,433,000 | 12,188,000 | 13,796,000 | 15,123,000 | 15,264,000 | 17,474,000 | 21,861,000 | 36,561,000 | 47,161,000 | 44,561,000 | 134,372,000 | 134,146,000 | 134,146,000 | 136,146,000 | 134,513,000 | 132,521,000 | 132,528,000 | 132,482,000 | 138,189,000 | 143,521,000 | 143,430,000 | |||||||||||||||||||||
deferred rent, current portion | 1,740,000 | 2,566,000 | 2,622,000 | 2,426,000 | 2,400,000 | 1,930,000 | 1,748,000 | 1,451,000 | 1,347,000 | 1,236,000 | 1,215,000 | 1,203,000 | 1,172,000 | 1,160,000 | 1,148,000 | 968,000 | |||||||||||||||||||||||||||||
deferred rent, net of current portion | 19,945,000 | 18,049,000 | 18,263,000 | 18,214,000 | 21,330,000 | 17,787,000 | 16,647,000 | 15,384,000 | 15,298,000 | 13,991,000 | 15,020,000 | 13,704,000 | 13,743,000 | 13,836,000 | 13,524,000 | 11,774,000 | |||||||||||||||||||||||||||||
revolving credit facilities | 698,280,000 | 409,799,000 | 246,028,000 | ||||||||||||||||||||||||||||||||||||||||||
warehouse lines of credit | 30,116,000 | 30,057,000 | 27,991,000 | 33,018,000 | |||||||||||||||||||||||||||||||||||||||||
revolving credit facility | 116,700,000 | 24,674,000 | |||||||||||||||||||||||||||||||||||||||||||
long-term investments | |||||||||||||||||||||||||||||||||||||||||||||
accrued restructuring costs | 4,186,000 | 7,369,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 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 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||||||||||||||||
net income | 46,000,000 | 3,000,000 | 10,000,000 | 2,000,000 | 8,000,000 | -35,000,000 | -22,000,000 | 8,000,000 | 16,000,000 | 9,641,000 | 51,964,000 | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 65,000,000 | 65,000,000 | 67,000,000 | 67,000,000 | 65,000,000 | 62,000,000 | 63,000,000 | 59,000,000 | 56,000,000 | 53,000,000 | 49,000,000 | 45,000,000 | 40,000,000 | 36,000,000 | 34,000,000 | 44,000,000 | 43,000,000 | 41,652,000 | 30,246,000 | 28,983,000 | 28,899,000 | 28,054,000 | 26,778,000 | 26,173,000 | 29,026,000 | 23,579,000 | 22,160,000 | 21,203,000 | 20,525,000 | 23,090,000 | 23,375,000 | 26,020,000 | 26,906,000 | 28,579,000 | 27,419,000 | 27,022,000 | 27,135,000 | 25,738,000 | 25,495,000 | 25,550,000 | 23,807,000 | 21,355,000 | 19,584,000 | 20,419,000 | 14,028,000 |
share-based compensation | 81,000,000 | 95,000,000 | 99,000,000 | 99,000,000 | 97,000,000 | 119,000,000 | 108,000,000 | 113,000,000 | 108,000,000 | 109,000,000 | 109,000,000 | 130,000,000 | 103,000,000 | 110,000,000 | 148,000,000 | 102,000,000 | 91,000,000 | 80,213,000 | 79,405,000 | ||||||||||||||||||||||||||
amortization of right of use assets | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 17,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 5,095,000 | 4,708,000 | 5,552,000 | 7,350,000 | 5,974,000 | 5,633,000 | 6,266,000 | 6,465,000 | 6,432,000 | 6,138,000 | 6,132,000 | 4,440,000 | ||||||||||||||||
amortization of contract cost assets | 6,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 7,000,000 | 7,000,000 | 8,000,000 | 8,000,000 | 9,703,000 | 11,686,000 | 10,058,000 | 10,130,000 | 9,940,000 | 9,484,000 | 8,655,000 | 8,415,000 | 8,601,000 | 8,842,000 | 9,134,000 | 8,746,000 | 8,786,000 | 8,918,000 | 9,013,000 | 9,296,000 | ||||||||||||
other adjustments to reconcile net income to net cash from operating activities | -16,000,000 | 12,000,000 | -1,000,000 | -2,000,000 | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -4,000,000 | 8,000,000 | -6,000,000 | -36,000,000 | -11,000,000 | 13,000,000 | -2,000,000 | -15,000,000 | -4,000,000 | 2,000,000 | -7,000,000 | -16,000,000 | -3,000,000 | 6,000,000 | -5,000,000 | 25,000,000 | 56,000,000 | 6,306,000 | -55,807,000 | -20,162,000 | -12,649,000 | 8,898,000 | -12,996,000 | 3,848,000 | -5,335,000 | 9,791,000 | 3,399,000 | -12,234,000 | -4,650,000 | 438,000 | -3,659,000 | -9,440,000 | 105,000 | -1,931,000 | -8,123,000 | -9,090,000 | -2,059,000 | -1,554,000 | -5,162,000 | -3,838,000 | -2,770,000 | 2,958,000 | 1,017,000 | -4,730,000 | -296,000 |
mortgage loans held for sale | 25,000,000 | -95,000,000 | -41,000,000 | -65,000,000 | -26,000,000 | 5,000,000 | 31,000,000 | -63,000,000 | -32,000,000 | -4,000,000 | -23,000,000 | -25,000,000 | -7,000,000 | 8,000,000 | 12,000,000 | 32,000,000 | 14,000,000 | 114,622,000 | -49,940,000 | 102,869,000 | 56,439,000 | -205,434,000 | -50,303,000 | -38,173,000 | -341,000 | 255,000 | 1,891,000 | -9,184,000 | 5,940,000 | ||||||||||||||||
prepaid expenses and other assets | -64,000,000 | -15,000,000 | -21,000,000 | -8,000,000 | -38,000,000 | -1,000,000 | -24,000,000 | -19,000,000 | -30,000,000 | 5,000,000 | 8,000,000 | -3,000,000 | -27,000,000 | 19,000,000 | -17,000,000 | 251,000,000 | -247,000,000 | -11,360,000 | -34,466,000 | -7,145,000 | -28,643,000 | 428,000 | -15,614,000 | 2,145,000 | -2,916,000 | 4,870,000 | -3,833,000 | 6,522,000 | -8,537,000 | -19,056,000 | -315,000 | 5,226,000 | -19,923,000 | 6,373,000 | 10,279,000 | -10,582,000 | 4,737,000 | -18,457,000 | -1,925,000 | 4,414,000 | 2,708,000 | -8,610,000 | -645,000 | 3,017,000 | 5,477,000 |
contract cost assets | -6,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -7,000,000 | -6,000,000 | -6,000,000 | -4,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -5,000,000 | -5,000,000 | -4,000,000 | -4,000,000 | -3,943,000 | -4,973,000 | -7,814,000 | -9,593,000 | -10,171,000 | -12,225,000 | -9,837,000 | -9,771,000 | -7,763,000 | -8,618,000 | -9,229,000 | -9,103,000 | -9,367,000 | -10,772,000 | -9,931,000 | -11,440,000 | ||||||||||||
lease liabilities | -4,000,000 | -2,000,000 | -3,000,000 | -4,000,000 | -2,000,000 | -4,000,000 | -4,000,000 | -14,000,000 | -13,000,000 | -6,000,000 | -9,000,000 | -7,000,000 | -8,000,000 | -6,000,000 | -7,000,000 | 1,000,000 | -9,000,000 | -8,601,000 | -6,496,000 | -7,373,000 | -6,806,000 | -6,922,000 | 5,268,000 | 1,130,000 | -1,625,000 | -3,911,000 | -3,083,000 | -4,936,000 | -7,010,000 | ||||||||||||||||
accounts payable | 32,000,000 | -2,000,000 | -18,000,000 | 21,000,000 | 5,000,000 | -23,000,000 | 14,000,000 | 5,000,000 | 6,000,000 | -1,000,000 | 2,000,000 | 2,000,000 | -7,000,000 | 6,000,000 | -13,192,000 | 15,215,000 | 4,911,000 | -2,235,000 | 733,000 | 4,735,000 | -169,000 | 7,673,000 | -3,495,000 | 1,743,000 | 1,389,000 | -133,000 | -943,000 | 399,000 | 183,000 | 1,672,000 | -597,000 | 1,938,000 | -1,767,000 | 53,000 | -2,440,000 | -10,447,000 | 12,149,000 | 1,594,000 | -2,764,000 | -5,878,000 | -1,753,000 | -763,000 | |||
accrued expenses and other current liabilities | 23,000,000 | -1,000,000 | 14,000,000 | 9,000,000 | 9,000,000 | 2,000,000 | -15,000,000 | -30,000,000 | 17,000,000 | 10,000,000 | -22,000,000 | 20,000,000 | -26,000,000 | -43,000,000 | -101,522,000 | 82,165,000 | 55,930,000 | 24,889,000 | 822,000 | 23,240,000 | -13,329,000 | 4,588,000 | 7,332,000 | 5,289,000 | 6,624,000 | 328,000 | 5,671,000 | 1,438,000 | 1,558,000 | -6,747,000 | 5,826,000 | 11,971,000 | -3,480,000 | 4,683,000 | 3,681,000 | -13,751,000 | 2,212,000 | 2,793,000 | -24,516,000 | 6,119,000 | 7,665,000 | -7,652,000 | |||
accrued compensation and benefits | 8,000,000 | 3,000,000 | -5,000,000 | 8,000,000 | 3,000,000 | -5,000,000 | 2,000,000 | 5,000,000 | -3,000,000 | -8,000,000 | -5,000,000 | -41,000,000 | -6,000,000 | 2,226,000 | 3,079,000 | 5,720,000 | 2,178,000 | 12,192,000 | 954,000 | 1,682,000 | -4,967,000 | 4,265,000 | 1,539,000 | 1,701,000 | -1,088,000 | 4,788,000 | 2,194,000 | 672,000 | 3,637,000 | -6,142,000 | 691,000 | -2,036,000 | 2,539,000 | -553,000 | 139,000 | 4,118,000 | 8,759,000 | -1,038,000 | 277,000 | -4,986,000 | 1,727,000 | ||||
deferred revenue | 5,000,000 | 0 | -1,000,000 | 0 | 8,000,000 | 3,000,000 | -2,000,000 | 1,000,000 | 6,000,000 | -3,000,000 | -1,000,000 | 0 | 5,000,000 | -6,000,000 | -2,000,000 | -4,000,000 | 5,000,000 | -2,716,000 | -1,047,000 | -645,000 | 5,197,000 | -158,000 | 4,639,000 | 9,167,000 | -4,400,000 | -2,208,000 | 4,875,000 | 975,000 | 2,025,000 | -1,879,000 | 39,000 | 623,000 | 3,379,000 | 858,000 | 140,000 | 37,000 | 1,598,000 | 2,149,000 | 1,455,000 | 896,000 | 3,294,000 | 1,630,000 | -3,698,000 | -478,000 | 112,000 |
other long-term liabilities | 1,000,000 | 0 | -1,000,000 | 2,000,000 | 2,000,000 | -2,000,000 | 1,000,000 | 7,000,000 | -4,000,000 | 3,000,000 | -11,516,000 | 584,000 | -74,000 | -372,000 | -7,154,000 | 7,280,000 | 10,576,000 | -527,000 | -1,150,000 | -27,000 | -141,000 | 290,000 | 1,633,000 | 2,728,000 | 0 | -2,749,000 | -5,053,000 | 1,090,000 | 2,623,000 | 375,000 | |||||||||||||||
net cash from operating activities | 200,000,000 | 72,000,000 | 105,000,000 | 87,000,000 | 104,000,000 | 122,000,000 | 171,000,000 | 55,000,000 | 80,000,000 | 86,000,000 | 75,000,000 | 100,000,000 | 93,000,000 | 84,000,000 | 165,000,000 | 863,000,000 | 3,392,000,000 | -215,373,000 | -2,803,819,000 | -399,160,000 | 241,658,000 | -325,961,000 | 57,538,000 | 390,630,000 | 301,990,000 | 58,108,000 | -296,459,000 | -228,309,000 | -145,514,000 | -98,693,000 | 29,491,000 | 48,400,000 | 24,652,000 | 81,268,000 | 92,031,000 | 17,934,000 | 66,958,000 | 39,081,000 | 30,093,000 | -79,447,000 | 18,918,000 | -15,929,000 | 22,442,000 | 14,691,000 | 1,455,000 |
capital expenditures | -34,000,000 | -28,000,000 | -32,000,000 | -37,000,000 | -36,000,000 | -34,000,000 | -33,000,000 | -37,000,000 | -39,000,000 | -34,000,000 | -35,000,000 | -35,000,000 | -31,000,000 | -28,000,000 | -27,000,000 | -27,000,000 | -33,000,000 | -27,864,000 | -21,304,000 | -12,652,000 | -11,485,000 | -12,520,000 | -17,767,000 | -21,687,000 | -32,966,000 | -21,904,000 | -15,468,000 | -15,470,000 | -14,202,000 | -21,572,000 | -13,270,000 | -15,421,000 | -15,791,000 | -15,148,000 | -19,972,000 | -17,445,000 | -14,163,000 | -16,328,000 | -12,339,000 | -18,181,000 | -15,212,000 | -12,590,000 | -16,845,000 | -15,225,000 | -10,321,000 |
free cash flows | 166,000,000 | 44,000,000 | 73,000,000 | 50,000,000 | 68,000,000 | 88,000,000 | 138,000,000 | 18,000,000 | 41,000,000 | 52,000,000 | 40,000,000 | 65,000,000 | 62,000,000 | 56,000,000 | 138,000,000 | 836,000,000 | 3,359,000,000 | -243,237,000 | -2,825,123,000 | -411,812,000 | 230,173,000 | -338,481,000 | 39,771,000 | 368,943,000 | 269,024,000 | 36,204,000 | -311,927,000 | -243,779,000 | -159,716,000 | -120,265,000 | 16,221,000 | 32,979,000 | 8,861,000 | 66,120,000 | 72,059,000 | 489,000 | 52,795,000 | 22,753,000 | 17,754,000 | -97,628,000 | 3,706,000 | -28,519,000 | 5,597,000 | -534,000 | -8,866,000 |
investing activities | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities of investments | 93,000,000 | 73,000,000 | 66,000,000 | 122,000,000 | 150,000,000 | 136,000,000 | 432,000,000 | 335,000,000 | 139,000,000 | 151,000,000 | 330,000,000 | 373,000,000 | 433,000,000 | 347,000,000 | 295,000,000 | 510,267,000 | 366,525,000 | 409,248,000 | 920,304,000 | 1,070,434,000 | 459,005,000 | 404,994,000 | 296,272,000 | 266,916,000 | 319,830,000 | 237,125,000 | 302,187,000 | 137,553,000 | 89,102,000 | 111,187,000 | 61,386,000 | 54,707,000 | 71,088,000 | 84,325,000 | 49,107,000 | 38,579,000 | 53,388,000 | 61,332,000 | 44,108,000 | 91,364,000 | 78,356,000 | 101,943,000 | 63,780,000 | ||
proceeds from sales of investments | 391,000,000 | 0 | 11,000,000 | 48,000,000 | 2,000,000 | 224,000,000 | 0 | 0 | 62,397,000 | 53,997,000 | 0 | 168,000 | 0 | 4,795,000 | 0 | 3,281,000 | 0 | 4,979,000 | |||||||||||||||||||||||||||
purchases of investments | -64,000,000 | -84,000,000 | -18,000,000 | -49,000,000 | -60,000,000 | -38,000,000 | -77,000,000 | -294,000,000 | -297,000,000 | -26,000,000 | 0 | -148,000,000 | -490,000,000 | -717,000,000 | -451,000,000 | -498,000,000 | -525,000,000 | -7,324,000 | -1,406,069,000 | -854,769,000 | -967,774,000 | -58,459,000 | -1,015,514,000 | -177,072,000 | -126,479,000 | -176,412,000 | -52,923,000 | -618,562,000 | -153,547,000 | -76,729,000 | -103,791,000 | -109,637,000 | -109,596,000 | -84,008,000 | -48,224,000 | -43,010,000 | -45,216,000 | -38,760,000 | -80,435,000 | -62,505,000 | -104,822,000 | -59,896,000 | |||
purchases of property and equipment | -34,000,000 | -28,000,000 | -32,000,000 | -37,000,000 | -36,000,000 | -34,000,000 | -33,000,000 | -37,000,000 | -39,000,000 | -34,000,000 | -35,000,000 | -35,000,000 | -31,000,000 | -28,000,000 | -27,000,000 | -27,000,000 | -33,000,000 | -27,864,000 | -21,304,000 | -12,652,000 | -11,485,000 | -12,520,000 | -17,767,000 | -21,687,000 | -32,966,000 | -21,904,000 | -15,468,000 | -15,470,000 | -14,202,000 | -21,572,000 | -13,270,000 | -15,421,000 | -15,791,000 | -15,148,000 | -19,972,000 | -17,445,000 | -14,163,000 | -16,328,000 | -12,339,000 | -18,181,000 | -15,212,000 | -12,590,000 | -16,845,000 | -15,225,000 | -10,321,000 |
purchases of intangible assets | -10,000,000 | -11,000,000 | -8,000,000 | -7,000,000 | -108,000,000 | -7,000,000 | -7,000,000 | -7,000,000 | -7,000,000 | -6,000,000 | -6,000,000 | -9,000,000 | -9,000,000 | -8,000,000 | -6,000,000 | -6,000,000 | -5,000,000 | -6,785,000 | -13,902,000 | -5,922,000 | -4,485,000 | -6,351,000 | -5,818,000 | -6,905,000 | -4,503,000 | -4,468,000 | -6,196,000 | -5,658,000 | -3,269,000 | -4,302,000 | -3,402,000 | -3,679,000 | -1,098,000 | -2,530,000 | -2,593,000 | -1,476,000 | -5,308,000 | -1,835,000 | -4,506,000 | -1,607,000 | -1,714,000 | -2,013,000 | -3,108,000 | -7,722,000 | -284,000 |
net cash from investing activities | 376,000,000 | -50,000,000 | 19,000,000 | 77,000,000 | -52,000,000 | 274,000,000 | 328,000,000 | -3,000,000 | -204,000,000 | -314,000,000 | 255,000,000 | 181,000,000 | -97,000,000 | -410,000,000 | -189,000,000 | -371,000,000 | -563,000,000 | 467,715,000 | -674,444,000 | 390,674,000 | 904,334,000 | -354,506,000 | -419,349,000 | -518,975,000 | 254,341,000 | -774,970,000 | 121,094,000 | 89,518,000 | 108,304,000 | 19,185,000 | -548,132,000 | -61,460,000 | -32,232,000 | -67,148,000 | -66,259,000 | -54,192,000 | -59,795,000 | -37,808,000 | -7,061,000 | -3,672,000 | -17,178,000 | 5,809,000 | -87,518,000 | -25,661,000 | 171,811,000 |
financing activities | |||||||||||||||||||||||||||||||||||||||||||||
net borrowings (repayments) on master repurchase agreements | -29,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
repurchases of class a common stock and class c capital stock | -626,000,000 | -232,000,000 | -38,000,000 | -150,000,000 | -250,000,000 | 0 | 0 | -292,000,000 | -9,000,000 | -88,000,000 | -100,000,000 | -150,000,000 | -86,000,000 | -174,000,000 | -176,000,000 | -249,000,000 | -348,000,000 | ||||||||||||||||||||||||||||
payments for debt issuance costs | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 18,000,000 | 12,000,000 | 121,000,000 | 22,000,000 | 33,000,000 | 116,000,000 | 35,000,000 | 11,000,000 | 50,000,000 | 16,000,000 | 26,000,000 | 17,000,000 | 13,000,000 | 2,000,000 | 2,000,000 | 6,000,000 | 36,000,000 | 29,672,000 | 21,865,000 | 14,536,000 | 61,149,000 | 72,802,000 | 186,242,000 | 92,782,000 | 92,202,000 | 24,451,000 | 8,017,000 | 19,433,000 | 13,564,000 | 5,451,000 | 14,967,000 | 46,750,000 | 52,906,000 | 18,061,000 | 17,747,000 | 51,257,000 | 11,006,000 | 10,750,000 | 12,724,000 | 6,055,000 | 1,682,000 | 5,924,000 | |||
payment of contingent consideration for acquisition | -27,000,000 | 0 | 0 | 0 | -30,000,000 | ||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -666,000,000 | -128,000,000 | 163,000,000 | -490,000,000 | -219,000,000 | -386,000,000 | -607,000,000 | -311,000,000 | 71,000,000 | -126,000,000 | -49,000,000 | -109,000,000 | -68,000,000 | -181,000,000 | -184,000,000 | -995,000,000 | -2,981,000,000 | 59,423,000 | 2,150,468,000 | 340,191,000 | 597,548,000 | 510,514,000 | 231,605,000 | 583,301,000 | -163,102,000 | 80,849,000 | 1,231,707,000 | 185,269,000 | 137,869,000 | 95,956,000 | 734,591,000 | 46,712,000 | 52,878,000 | 18,033,000 | 17,705,000 | 51,199,000 | 10,769,000 | 51,559,000 | 12,518,000 | 5,886,000 | 1,565,000 | 5,719,000 | -3,657,000 | 5,390,000 | 8,821,000 |
net decrease in cash, cash equivalents and restricted cash during period | -90,000,000 | 287,000,000 | -326,000,000 | -167,000,000 | -53,000,000 | -72,000,000 | |||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 773,000,000 | 0 | 0 | 0 | 1,085,000,000 | 0 | 0 | 0 | 1,495,000,000 | 0 | 0 | 0 | 1,468,000,000 | 0 | 0 | 0 | 2,838,000,000 | 0 | 0 | 0 | 1,778,935,000 | 0 | 0 | 0 | 1,230,909,000 | 0 | 0 | 0 | 663,443,000 | 0 | |||||||||||||||
cash, cash equivalents and restricted cash at end of period | 683,000,000 | -106,000,000 | 287,000,000 | -326,000,000 | 918,000,000 | 10,000,000 | -108,000,000 | -259,000,000 | 1,442,000,000 | -354,000,000 | 281,000,000 | 172,000,000 | 1,396,000,000 | -507,000,000 | -208,000,000 | -503,000,000 | 2,686,000,000 | 311,765,000 | -1,327,795,000 | 331,705,000 | 3,522,475,000 | -169,953,000 | -130,206,000 | 454,956,000 | 1,624,138,000 | -636,013,000 | 1,056,342,000 | 46,478,000 | 764,102,000 | 16,448,000 | |||||||||||||||
supplemental disclosures of cash flow information | |||||||||||||||||||||||||||||||||||||||||||||
noncash transactions: | |||||||||||||||||||||||||||||||||||||||||||||
write-off of fully depreciated property and equipment | 57,000,000 | 29,000,000 | 34,000,000 | 36,000,000 | 46,000,000 | 22,000,000 | 43,000,000 | 11,000,000 | 9,000,000 | 34,000,000 | 13,000,000 | 9,000,000 | 7,000,000 | 5,000,000 | 15,000,000 | 15,000,000 | 18,000,000 | 11,020,000 | 13,261,000 | 12,742,000 | 11,603,000 | 101,986,000 | 6,158,000 | 2,799,000 | 4,143,000 | 7,208,000 | 19,084,000 | 3,598,000 | 6,269,000 | 3,677,000 | 5,394,000 | 5,914,000 | 7,379,000 | 2,319,000 | 5,133,000 | 4,106,000 | 3,446,000 | 2,979,000 | 1,599,000 | 3,152,000 | 6,834,000 | 1,343,000 | 11,898,000 | 1,242,000 | 11,759,000 |
capitalized share-based compensation | 14,000,000 | 14,000,000 | 15,000,000 | 18,000,000 | 15,000,000 | 16,000,000 | 16,000,000 | 21,000,000 | 19,000,000 | 17,000,000 | 18,000,000 | 20,000,000 | 18,000,000 | 18,000,000 | 13,000,000 | 10,000,000 | 10,000,000 | 11,366,000 | 10,341,000 | 4,952,000 | 3,713,000 | 3,537,000 | 4,530,000 | 4,820,000 | 3,670,000 | 3,005,000 | 3,064,000 | 3,188,000 | 2,690,000 | 1,916,000 | 2,051,000 | 2,503,000 | 2,120,000 | 2,321,000 | 3,626,000 | 2,421,000 | 2,868,000 | 2,252,000 | 2,505,000 | 3,054,000 | 2,250,000 | 2,248,000 | 3,288,000 | 2,359,000 | 2,424,000 |
impairment costs | 0 | 0 | 0 | 6,000,000 | 0 | 0 | 0 | 76,800,000 | 69,000,000 | ||||||||||||||||||||||||||||||||||||
accretion of bond discount | -2,000,000 | -2,000,000 | -2,000,000 | -3,000,000 | -4,000,000 | -6,000,000 | -9,000,000 | -8,000,000 | -9,000,000 | 65,000 | 170,000 | -473,000 | -1,546,000 | -1,962,000 | -1,733,000 | ||||||||||||||||||||||||||||||
cash paid for acquisitions | -399,000,000 | -386,000 | -5,145,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||
net borrowings on warehouse line of credit and repurchase agreements | -34,000,000 | 59,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||
settlement of convertible senior notes | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from settlement of capped call transactions | 0 | ||||||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash during period | 10,000,000 | -108,000,000 | -354,000,000 | 281,000,000 | -507,000,000 | -208,000,000 | -503,000,000 | -152,000,000 | 311,765,000 | -1,327,795,000 | 331,705,000 | 1,743,540,000 | -169,953,000 | -130,206,000 | 454,956,000 | 393,229,000 | -636,013,000 | 1,056,342,000 | 46,478,000 | 100,659,000 | 16,448,000 | ||||||||||||||||||||||||
cash paid for interest | 8,000,000 | 7,000,000 | 10,000,000 | 25,000,000 | 50,738,000 | 30,417,000 | 13,582,000 | 14,191,000 | 13,968,000 | 7,586,000 | 12,163,000 | 17,038,000 | 16,319,000 | 9,221,000 | 11,660,000 | 4,956,000 | 10,673,000 | 67,000 | 4,740,000 | 0 | 3,162,000 | 0 | 3,162,000 | 0 | |||||||||||||||||||||
cash paid for taxes | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||
write-off of fully amortized intangible assets | 6,000,000 | 3,000,000 | 1,000,000 | 2,000,000 | 0 | 2,000,000 | 3,000,000 | 4,000,000 | 28,000,000 | 168,000,000 | 2,896,000 | 51,317,000 | 2,482,000 | 1,300,000 | 40,000 | 6,648,000 | 111,000 | 3,200,000 | 2,202,000 | 0 | 110,000 | 10,687,000 | 19,000 | 152,000 | 22,000 | 5,280,000 | |||||||||||||||||||
initial fair value of contingent consideration recognized in connection with an acquisition | |||||||||||||||||||||||||||||||||||||||||||||
value of class c capital stock issued in connection with an acquisition | 0 | ||||||||||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 0 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||||
net borrowings on repurchase agreements | 42,000,000 | 57,000,000 | 28,000,000 | ||||||||||||||||||||||||||||||||||||||||||
net loss | -52,000,000 | -20,000,000 | -17,000,000 | -23,000,000 | -73,000,000 | -72,000,000 | -261,208,000 | 46,036,000 | 39,570,000 | -84,448,000 | -163,273,000 | -101,210,000 | -64,649,000 | -71,977,000 | -67,525,000 | -97,682,000 | -492,000 | -3,093,000 | -18,591,000 | -77,175,000 | 9,206,000 | -21,845,000 | -4,606,000 | -23,491,000 | 6,807,000 | -156,149,000 | -47,605,000 | -25,720,000 | -26,049,000 | -38,721,000 | -58,384,000 | ||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||
amortization of debt discount and debt issuance costs | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 0 | 1,000,000 | 23,000,000 | 32,222,000 | 21,843,000 | 25,101,000 | 25,271,000 | |||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | 7,000,000 | 14,000,000 | 0 | 14,785,000 | 931,000 | 1,403,000 | |||||||||||||||||||||||||||||||||||||
impairment and restructuring costs | |||||||||||||||||||||||||||||||||||||||||||||
other adjustments to reconcile net loss to net cash from operating activities | 0 | 6,000,000 | 7,000,000 | 1,000,000 | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||
inventory | 0 | 23,000,000 | 467,000,000 | 3,414,000,000 | -256,634,000 | -2,892,333,000 | -696,639,000 | 18,893,000 | -297,988,000 | -57,880,000 | 398,552,000 | 302,593,000 | 42,726,000 | -326,530,000 | -227,669,000 | -162,325,000 | -119,572,000 | -37,591,000 | |||||||||||||||||||||||||||
repayments of borrowings on credit facilities | -1,000,000 | 0 | 0 | -2,205,000,000 | -1,245,244,000 | -387,786,000 | -58,499,000 | -88,340,000 | -4,384,000 | -57,152,000 | -323,356,000 | -294,150,000 | |||||||||||||||||||||||||||||||||
net borrowings (repayments) on warehouse line of credit and repurchase agreements | 2,000,000 | 25,000,000 | 24,000,000 | 5,000,000 | 44,939,000 | -99,952,000 | -45,704,000 | ||||||||||||||||||||||||||||||||||||||
settlement of long-term debt | -499,000,000 | -608,000,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
settlement of beneficial interests in securitizations | |||||||||||||||||||||||||||||||||||||||||||||
amortization of bond premium | 4,014,000 | -2,141,000 | -1,668,000 | -367,000 | -137,000 | -20,000 | 75,000 | 153,000 | 223,000 | 318,000 | 363,000 | 378,000 | 430,000 | 397,000 | 497,000 | 744,000 | 849,000 | ||||||||||||||||||||||||||||
inventory valuation adjustment | 0 | 0 | 4,000,000 | 5,000,000 | 103,562,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of class c capital stock, net of issuance costs | 0 | 0 | 0 | 544,557,000 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of term loan, net of issuance costs | 694,828,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings on credit facilities | 978,831,000 | 2,029,350,000 | 484,108,000 | 126,010,000 | 251,247,000 | 54,237,000 | 8,740,000 | 34,460,000 | |||||||||||||||||||||||||||||||||||||
issuance (settlement) of beneficial interests in securitizations | 0 | ||||||||||||||||||||||||||||||||||||||||||||
recognition of operating right of use assets and lease liabilities | -2,000,000 | 16,000,000 | |||||||||||||||||||||||||||||||||||||||||||
other adjustments to reconcile net income to cash from operating activities | -2,000,000 | -6,000,000 | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity investment | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of issuance costs | |||||||||||||||||||||||||||||||||||||||||||||
other adjustments to reconcile net loss to cash from operating activities | 2,436,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition | -579,000 | -53,138,000 | -6,002,000 | 0 | -12,357,000 | ||||||||||||||||||||||||||||||||||||||||
net repayments on warehouse line of credit and repurchase agreements | -10,000,000 | -33,000,000 | -25,000,000 | ||||||||||||||||||||||||||||||||||||||||||
recognition (derecognition) of operating right of use assets and lease liabilities | |||||||||||||||||||||||||||||||||||||||||||||
property and equipment purchased on account | 0 | 1,000,000 | 1,000,000 | -915,000 | 920,000 | 447,000 | 905,000 | -1,310,000 | -3,660,000 | -4,140,000 | 9,445,000 | ||||||||||||||||||||||||||||||||||
deferred income taxes | 454,000 | -2,890,000 | 601,000 | 425,000 | 679,000 | -9,228,000 | -458,000 | -1,300,000 | 0 | -2,500,000 | -8,402,000 | -14,700,000 | -10,600,000 | 2,600,000 | |||||||||||||||||||||||||||||||
settlement of long term debt | -439,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
premiums paid for capped call confirmations | -9,147,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||
net borrowings (repayments) on warehouse lines of credit and repurchase agreements | |||||||||||||||||||||||||||||||||||||||||||||
repurchases of class c capital stock | |||||||||||||||||||||||||||||||||||||||||||||
value of equity awards withheld for tax liability | -1,000 | -2,000 | -2,000 | -124,000 | -2,000 | 0 | -6,000 | 1,000 | 2,000 | -3,000 | -1,000 | -38,000 | -28,000 | -28,000 | -42,000 | -58,000 | -237,000 | -124,000 | -206,000 | -169,000 | -117,000 | -205,000 | -7,434,000 | -208,000 | -303,000 | ||||||||||||||||||||
beneficial interests in securitizations | |||||||||||||||||||||||||||||||||||||||||||||
beneficial interest in securitization | |||||||||||||||||||||||||||||||||||||||||||||
derecognition of operating right of use assets and lease liabilities | |||||||||||||||||||||||||||||||||||||||||||||
repurchase of convertible senior notes | |||||||||||||||||||||||||||||||||||||||||||||
share-based compensation expense | 63,673,000 | 52,445,000 | 48,959,000 | 52,351,000 | 43,795,000 | 47,018,000 | 42,128,000 | 43,632,000 | 66,124,000 | 37,718,000 | 41,682,000 | 38,943,000 | 30,741,000 | 29,409,000 | 28,574,000 | 29,193,000 | 26,395,000 | 25,766,000 | 27,285,000 | 28,316,000 | 25,551,000 | 24,312,000 | 28,015,000 | 29,880,000 | 23,007,000 | ||||||||||||||||||||
loss on disposal of property and equipment and other assets | 4,418,000 | 630,000 | 1,626,000 | -4,610,000 | 1,952,000 | ||||||||||||||||||||||||||||||||||||||||
credit loss expense | 128,000 | 804,000 | 232,000 | 1,056,000 | 558,000 | ||||||||||||||||||||||||||||||||||||||||
net loss on investment securities | 0 | 0 | -62,000 | 434,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of discount and issuance costs on 2021 notes, 2023 notes, 2024 notes, 2025 notes, and 2026 notes | |||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of 2021 notes | |||||||||||||||||||||||||||||||||||||||||||||
deferred rent | 1,071,000 | -271,000 | 245,000 | -3,090,000 | 4,013,000 | 1,322,000 | 1,560,000 | 190,000 | 1,418,000 | -1,009,000 | 1,328,000 | -7,000 | -82,000 | 325,000 | 1,929,000 | 381,000 | |||||||||||||||||||||||||||||
proceeds from issuance of convertible notes, net of issuance costs | 0 | 71,989,000 | |||||||||||||||||||||||||||||||||||||||||||
extinguishment of 2021 notes | |||||||||||||||||||||||||||||||||||||||||||||
contingent merger consideration | |||||||||||||||||||||||||||||||||||||||||||||
amortization of discount and issuance costs on convertible senior notes maturing in 2021, 2023, 2024, 2025 and 2026 | 27,668,000 | ||||||||||||||||||||||||||||||||||||||||||||
gain on partial extinguishment of 2021 notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||
partial extinguishment of 2021 notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||
net borrowings (repayments) on warehouse lines of credit and repurchase agreement | 48,280,000 | 35,001,000 | 4,386,000 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 2025 notes, net of issuance costs | |||||||||||||||||||||||||||||||||||||||||||||
amortization of discount and issuance costs on convertible senior notes maturing in 2021, 2023, 2024 and 2026 | 22,547,000 | ||||||||||||||||||||||||||||||||||||||||||||
amortization of discount and issuance costs on 2021 notes, 2023 notes, 2024 notes and 2026 notes | |||||||||||||||||||||||||||||||||||||||||||||
bad debt expense | 878,000 | 1,188,000 | 578,000 | 128,000 | -184,000 | 1,405,000 | -85,000 | -267,000 | 1,488,000 | 1,901,000 | 3,242,000 | 718,000 | 966,000 | 788,000 | 614,000 | 313,000 | 821,000 | 809,000 | 800,000 | 805,000 | |||||||||||||||||||||||||
purchases of equity investments | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from divestiture of business | 579,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | 1,866,000 | 2,174,000 | 1,704,000 | 488,000 | 1,023,000 | 303,000 | 1,803,000 | 1,593,000 | 2,061,000 | 1,025,000 | 999,000 | 273,000 | 1,246,000 | 734,000 | 1,436,000 | 377,000 | 508,000 | 412,000 | 87,000 | ||||||||||||||||||||||||||
proceeds from borrowing on revolving credit facilities | 288,481,000 | 163,771,000 | 129,328,000 | ||||||||||||||||||||||||||||||||||||||||||
net repayments on warehouse lines of credit | 59,000 | 2,064,000 | -5,025,000 | ||||||||||||||||||||||||||||||||||||||||||
amortization of discount and issuance costs on convertible notes maturing in 2023 and 2021 | 8,959,000 | 8,840,000 | |||||||||||||||||||||||||||||||||||||||||||
loss on debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||
amortization of discount and issuance costs on 2023 and 2021 notes | |||||||||||||||||||||||||||||||||||||||||||||
gain on divestiture of business | |||||||||||||||||||||||||||||||||||||||||||||
purchase of equity investment | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 2023 and 2021 notes, net of issuance costs | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowing on revolving credit facility | 92,026,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowing on warehouse lines of credit | |||||||||||||||||||||||||||||||||||||||||||||
partial repurchase of 2020 notes | |||||||||||||||||||||||||||||||||||||||||||||
amortization of discount and issuance costs on 2021 and 2023 notes | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from divestiture of a business | 0 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 2023 notes, net of issuance costs | |||||||||||||||||||||||||||||||||||||||||||||
amortization of discount and issuance costs on 2021 notes | 4,796,000 | 4,708,000 | 4,621,000 | 4,536,000 | 4,502,000 | 4,353,000 | |||||||||||||||||||||||||||||||||||||||
purchase of equity method investment | |||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents during period | 33,652,000 | 45,298,000 | 32,153,000 | 43,477,000 | 14,941,000 | 17,932,000 | 52,832,000 | 35,550,000 | -77,233,000 | 3,305,000 | -4,401,000 | -68,733,000 | -5,580,000 | 182,087,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 352,095,000 | 0 | 0 | 0 | 243,592,000 | 0 | 0 | 0 | 229,138,000 | 0 | 0 | 0 | 125,765,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 33,652,000 | 397,393,000 | 32,153,000 | 43,477,000 | 14,941,000 | 261,524,000 | 52,832,000 | 35,550,000 | -77,233,000 | 232,443,000 | -4,401,000 | -68,733,000 | -5,580,000 | 307,852,000 | |||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities, net of amounts assumed in connection with acquisitions: | |||||||||||||||||||||||||||||||||||||||||||||
impairment costs and restructuring costs | |||||||||||||||||||||||||||||||||||||||||||||
loss on divestiture of businesses | 0 | 209,000 | |||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash, net of amounts assumed in connection with an acquisition | 0 | 0 | 0 | 1,962,000 | |||||||||||||||||||||||||||||||||||||||||
purchases of cost method investments | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from divestiture of businesses | 0 | 5,759,000 | |||||||||||||||||||||||||||||||||||||||||||
cash acquired in acquisition | 0 | 0 | 0 | 173,406,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 2021 notes, net of issuance costs | |||||||||||||||||||||||||||||||||||||||||||||
value of class a common stock issued in connection with an acquisition | 0 | 0 | 0 | 1,883,728,000 | |||||||||||||||||||||||||||||||||||||||||
release of valuation allowance on certain deferred tax assets | -6,000 | -2,728,000 | 0 | 1,364,000 | 0 | ||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash | -105,000 | ||||||||||||||||||||||||||||||||||||||||||||
purchase of cost method investment | 0 | ||||||||||||||||||||||||||||||||||||||||||||
restructuring costs | -205,000 | 1,059,000 | -3,555,000 | 21,702,000 | |||||||||||||||||||||||||||||||||||||||||
impairment of certain acquired intangible assets | |||||||||||||||||||||||||||||||||||||||||||||
accrued restructuring costs | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from public offering, net of offering costs | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of class a common stock options | 5,598,000 | 9,124,000 | |||||||||||||||||||||||||||||||||||||||||||
increase in restricted cash | 147,000 |

