v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 7,037 $ 6,560
Short-term investments 4,968 4,454
Funds receivable and amounts held on behalf of customers 10,550 6,959
Prepaids and other current assets 1,046 824
Total current assets 23,601 18,797
Deferred income tax assets 1,941 2,102
Goodwill and intangible assets, net 767 770
Other assets, noncurrent 519 539
Total assets 26,828 22,208
Current liabilities:    
Accrued expenses, accounts payable, and other current liabilities 3,081 2,948
Funds payable and amounts payable to customers 10,550 6,959
Current portion of long-term debt 0 1,999
Unearned fees 2,733 1,743
Total current liabilities 16,364 13,649
Long-term debt, net 2,475 0
Other liabilities, noncurrent 353 360
Total liabilities 19,192 14,009
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock 0 0
Additional paid-in capital 14,041 13,763
Accumulated other comprehensive loss (2) (62)
Accumulated deficit (6,403) (5,502)
Total stockholders’ equity 7,636 8,199
Total liabilities and stockholders’ equity $ 26,828 $ 22,208