Supplemental Financial Statement Information (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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| Schedule of Cash and Cash Equivalents |
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 customers | 6,891 | | 10,488 | | Restricted cash included in prepaids and other current assets | 35 | | 60 | | Total cash, cash equivalents, and restricted cash | $ | 13,486 | | $ | 17,585 | |
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| Schedule of 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 customers | 6,891 | | 10,488 | | Restricted cash included in prepaids and other current assets | 35 | | 60 | | Total cash, cash equivalents, and restricted cash | $ | 13,486 | | $ | 17,585 | |
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| Schedule of Supplemental Disclosures of Cash Flow Information |
Cash flow information consisted of the following (in millions): | | | | | | | | | | Three Months Ended
March 31, | | 2025 | 2026 | Cash paid for income taxes, net of refunds | $ | 13 | | $ | 40 | | | | | | | | | | | | | |
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| Schedule of Accounts, Notes, Loans and Financing Receivable |
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 | |
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| Schedule of Supplemental Balance Sheet Information |
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 benefits | 593 | | 446 | | | Accounts payable | 232 | | 180 | | | | | | | | | | | | | | | | | | | | | | | | | | | Operating lease liabilities, current | 68 | | 59 | | Other | 923 | | 895 | | | Accrued expenses, accounts payable, and other current liabilities | $ | 2,948 | | $ | 3,081 | |
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| Schedule of Payments Made to Customers |
The following table summarizes total payments made to customers (in millions): | | | | | | | | | | | | | Three Months Ended
March 31, | | | | 2025 | 2026 | | | | 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 | | | | |
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| Schedule of Revenue Disaggregated by Listing Location |
The following table presents revenue disaggregated by listing location (in millions):
| | | | | | | | | | | | | Three Months Ended
March 31, | | | | 2025 | 2026 | | | | | North America | $ | 1,054 | | $ | 1,138 | | | | | Europe, the Middle East, and Africa | 597 | | 747 | | | | | | Latin America | 343 | | 451 | | | | | | Asia Pacific | 278 | | 342 | | | | | | Total revenue disaggregated by geographic region | $ | 2,272 | | $ | 2,678 | | | | |
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