v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 6,560 $ 6,864
Short-term investments 4,454 3,747
Funds receivable and amounts held on behalf of customers 6,959 5,931
Prepaids and other current assets 824 638
Total current assets 18,797 17,180
Deferred income tax assets 2,102 2,439
Goodwill and intangible assets, net 770 777
Other assets, noncurrent 539 563
Total assets 22,208 20,959
Current liabilities:    
Accrued expenses, accounts payable, and other current liabilities 2,948 2,614
Funds payable and amounts payable to customers 6,959 5,931
Current portion of long-term debt 1,999 0
Unearned fees 1,743 1,616
Total current liabilities 13,649 10,161
Long-term debt 0 1,995
Other liabilities, noncurrent 360 391
Total liabilities 14,009 12,547
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock 0 0
Additional paid-in capital 13,763 12,602
Accumulated other comprehensive income (loss) (62) 35
Accumulated deficit (5,502) (4,225)
Total stockholders’ equity 8,199 8,412
Total liabilities and stockholders’ equity $ 22,208 $ 20,959