v3.25.4
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Loss carryforwards $ 4,432 $ 289
Tax credit carryforwards 10,506 2,771
Share-based compensation 706 520
Accrued expenses and other liabilities 2,741 2,223
Lease liabilities 5,150 3,940
Capitalized research and development 4,138 16,743
Unrealized losses in securities and investments 143 115
Other 274 442
Total deferred tax assets 28,090 27,043
Less: valuation allowance (15,895) (3,506)
Deferred tax assets, net of valuation allowance 12,195 23,537
Deferred tax liabilities:    
Depreciation and amortization (15,901) (10,959)
Right-of-use assets (4,453) (3,000)
Unrealized gains in securities and investments (621) 0
Other (387) 0
Total deferred tax liabilities (21,362) (13,959)
Net deferred tax liabilities $ (9,167)  
Net deferred tax assets   $ 9,578