The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in millions, except per share amounts):


	Three Months Ended March 31,
	2025		2026
Net income	$	154	$	160
Add: convertible notes interest expense, net of tax	1		—
Net income - diluted	$	155	$	160
Weighted-average shares in computing net income per share attributable to Class A and Class B common stockholders:
Basic	621		598
Effect of dilutive securities	11		10
Diluted	632		608
Net income per share attributable to Class A and Class B common stockholders:
Basic	$	0.25	$	0.27
Diluted	$	0.24	$	0.26

As of both March 31, 2025 and 2026, 9.6 million shares of RSUs were excluded from net income per share because they are subject to market conditions that were not achieved as of such date.

Additionally, the following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive (in millions):

In August 2025, the Company announced that its board of directors approved a new share repurchase program with authorization to purchase up to an additional $6.0 billion of the Company's Class A common stock.

Share repurchases under the share repurchase programs may be made through a variety of methods, which may include open market purchases, privately negotiated transactions, block trades, or accelerated share repurchase transactions, or by any combination of such methods. Any such repurchases will be made from time to time subject to market and economic conditions, applicable legal requirements, and other relevant factors. The share repurchase programs do not obligate the Company to repurchase any specific number of shares and may be modified, suspended, or terminated at any time at the Company’s discretion.

During the three months ended March 31, 2026, the Company repurchased and subsequently retired 8.1 million shares of Class A common stock for $1.1 billion. As of March 31, 2026, the Company had $4.5 billion available to repurchase shares of Class A common stock under its share repurchase program.

During the three months ended March 31, 2025, the Company repurchased and subsequently retired 6.1 million shares of Class A common stock for $807 million.