v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,702 $ 3,726
Marketable securities 2,480 2,558
Accounts receivable, net 1,713 2,627
Current portion of deferred commissions 591 590
Prepaid expenses and other current assets 949 970
Total current assets 8,435 10,471
Deferred commissions, less current portion 1,129 1,114
Long-term marketable securities 2,724 3,771
Strategic investments 1,743 1,542
Property and equipment, net 2,250 2,289
Operating lease right-of-use assets 831 806
Intangible assets, net 1,479 1,121
Goodwill 4,541 3,578
Deferred tax assets 914 1,056
Other assets 335 290
Total assets 24,381 26,038
Current liabilities:    
Accounts payable 427 204
Accrued expenses and other current liabilities 1,408 1,813
Current portion of deferred revenue 8,030 8,314
Current portion of operating lease liabilities 118 112
Total current liabilities 9,983 10,443
Deferred revenue, less current portion 99 120
Operating lease liabilities, less current portion 822 800
Long-term debt, net 1,491 1,491
Other long-term liabilities 258 220
Total liabilities 12,653 13,074
Commitments and contingencies (Note 17)
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: 1,069,934 and 1,065,776; shares outstanding: 1,031,308 and 1,047,278 1 1
Treasury stock, at cost (shares held: 38,626 and $18,498) (5,375) (3,045)
Additional paid-in capital 11,384 10,747
Accumulated other comprehensive income 7 19
Retained earnings 5,711 5,242
Total stockholders’ equity 11,728 12,964
Total liabilities and stockholders’ equity $ 24,381 $ 26,038