v3.26.1
Supplemental Financial Statement Information
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental Financial Statement Information Supplemental Financial Statement Information
Cash, Cash Equivalents, and Restricted Cash

The following table reconciles cash, cash equivalents, and restricted cash reported on the Company’s unaudited condensed consolidated balance sheets to the total amount presented in the unaudited condensed consolidated statements of cash flows (in millions):

December 31,
2025		March 31,
2026
Cash and cash equivalents$6,560 $7,037 
Cash and cash equivalents included in funds receivable and amounts held on behalf of customers6,891 10,488 
Restricted cash included in prepaids and other current assets
35 60 
Total cash, cash equivalents, and restricted cash
$13,486 $17,585 

Supplemental Disclosures of Cash Flow Information

Cash flow information consisted of the following (in millions):
Three Months Ended
March 31,
20252026
Cash paid for income taxes, net of refunds
$13 $40 

Customer Receivables

Customer receivables, net recorded in prepaids and other current assets on the condensed consolidated balance sheets consisted of the following (in millions):

December 31,
2025		March 31,
2026
Customer receivables$225 $227 
Customer receivables reserve(39)(36)
Customer receivable, net
$186 $191 

Accrued Expenses, Accounts Payable, and Other Current Liabilities

Accrued expenses, accounts payable, and other current liabilities consisted of the following (in millions):

December 31,
2025		March 31,
2026
Indirect taxes payable and estimated lodging and withholding tax liabilities
$1,132 $1,501 
Compensation and employee benefits593 446 
Accounts payable232 180 
Operating lease liabilities, current68 59 
Other
923 895 
Accrued expenses, accounts payable, and other current liabilities$2,948 $3,081 

Payments to Customers
The following table summarizes total payments made to customers (in millions):
Three Months Ended
March 31,
20252026
Reductions to revenue
$104 $124 
Charges to operations and support
21 26 
Charges to sales and marketing expense
15 20 
Total payments made to customers
$140 $170 

Revenue Disaggregated by Geographic Region

The following table presents revenue disaggregated by listing location (in millions):

Three Months Ended
March 31,
20252026
North America$1,054 $1,138 
Europe, the Middle East, and Africa
597 747 
Latin America343 451 
Asia Pacific278 342 
Total revenue disaggregated by geographic region$2,272 $2,678