v3.24.4
Net Income Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income Per Share
The following table presents the calculation of basic and diluted net income per share attributable to common stockholders (in millions, except for number of shares reflected in thousands and per share data):
 Year Ended December 31,
 202420232022
Numerator:
Net income$1,425 $1,731 $325 
Denominator:
Weighted-average shares outstanding - basic
205,834 204,137 201,430 
Weighted-average effect of potentially dilutive securities:
Common stock options, RSUs and ESPP obligations
2,589 1,454 1,672 
2022 Notes settlements— — 280 
Settlement of 2022 Warrants— — 153 
Weighted-average shares outstanding - diluted208,423 205,591 203,535 
Net income per share - basic$6.92 $8.48 $1.61 
Net income per share - diluted$6.84 $8.42 $1.60 
Common stock options, RSUs and ESPP obligations excluded from diluted net income per share because their effect would have been anti-dilutive
711 3,191 4,658 
Summary of Potentially Dilutive Securities
The following table presents the calculation of basic and diluted net income per share attributable to common stockholders (in millions, except for number of shares reflected in thousands and per share data):
 Year Ended December 31,
 202420232022
Numerator:
Net income$1,425 $1,731 $325 
Denominator:
Weighted-average shares outstanding - basic
205,834 204,137 201,430 
Weighted-average effect of potentially dilutive securities:
Common stock options, RSUs and ESPP obligations
2,589 1,454 1,672 
2022 Notes settlements— — 280 
Settlement of 2022 Warrants— — 153 
Weighted-average shares outstanding - diluted208,423 205,591 203,535 
Net income per share - basic$6.92 $8.48 $1.61 
Net income per share - diluted$6.84 $8.42 $1.60 
Common stock options, RSUs and ESPP obligations excluded from diluted net income per share because their effect would have been anti-dilutive
711 3,191 4,658