v3.25.4
Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 3,726 $ 2,304
Marketable securities 2,558 3,458
Accounts receivable, net 2,627 2,240
Current portion of deferred commissions 590 517
Prepaid expenses and other current assets 970 668
Total current assets 10,471 9,187
Deferred commissions, less current portion 1,114 999
Long-term marketable securities 3,771 4,111
Strategic investments 1,542 472
Property and equipment, net 2,289 1,763
Operating lease right-of-use assets 806 693
Intangible assets, net 1,121 209
Goodwill 3,578 1,273
Deferred tax assets 1,056 1,385
Other assets 290 291
Total assets 26,038 20,383
Current liabilities:    
Accounts payable 204 68
Accrued expenses and other current liabilities 1,813 1,369
Current portion of deferred revenue 8,314 6,819
Current portion of operating lease liabilities 112 102
Total current liabilities 10,443 8,358
Deferred revenue, less current portion 120 95
Operating lease liabilities, less current portion 800 687
Long-term debt, net 1,491 1,489
Other long-term liabilities 220 145
Total liabilities 13,074 10,774
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; shares authorized: 3,000,000; shares issued: 1,065,776 and 1,040,757; shares outstanding: 1,047,278 and 1,032,437 1 1
Treasury stock, at cost (shares held: 18,498 and 8,320) (3,045) (1,219)
Additional paid-in capital 10,747 7,401
Accumulated other comprehensive income (loss) 19 (68)
Retained earnings 5,242 3,494
Total stockholders’ equity 12,964 9,609
Total liabilities and stockholders’ equity $ 26,038 $ 20,383
Preferred stock, shares authorized (in shares) 10,000 10,000