Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands |
Total |
Treasury stock |
Additional paid-in capital |
Accumulated deficit |
Accumulated other comprehensive income (loss) |
Class A |
Class A
Common stock
|
Class A
Common stock
Class A Non-Voting Common Stock Conversion From Class B Voting Common Stock
|
Class B |
Class B
Common stock
|
Class B
Common stock
Class A Non-Voting Common Stock Conversion From Class B Voting Common Stock
|
Class C |
Class C
Common stock
|
| Common stock, beginning of period (in shares) at Dec. 31, 2021 |
|
|
0
|
0
|
0
|
|
1,364,887,000
|
|
|
22,769,000
|
|
|
231,627,000
|
| Treasury stock, beginning of period (in shares) at Dec. 31, 2021 |
|
0
|
|
|
|
|
|
|
|
|
|
|
|
| Balance, beginning of period at Dec. 31, 2021 |
|
$ 0
|
$ 12,069,097
|
$ (8,284,466)
|
$ 5,521
|
|
$ 14
|
|
|
$ 0
|
|
|
$ 2
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued in connection with exercise of stock options under stock-based compensation plans (in shares) |
|
|
|
|
|
|
334,000
|
|
|
58,000
|
|
|
|
| Issuance of Class A non-voting common stock in connection with acquisitions (in shares) |
|
|
|
|
|
|
1,277,000
|
|
|
|
|
|
|
| Issuance of Class A non-voting common stock for vesting of restricted stock units and restricted stock awards, net (in shares) |
|
|
|
|
|
|
58,342,000
|
|
|
|
|
|
|
| Issuance of Class A non-voting common stock for vesting of restricted stock units and restricted stock awards, net |
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
| Conversion of common stock to common stock (in shares) |
|
|
|
|
|
|
|
298,000
|
|
|
(298,000)
|
|
|
| Repurchases of Class A non-voting common stock (in shares) |
|
|
|
|
|
|
(105,208,000)
|
|
|
|
|
|
|
| Repurchases of Class A non-voting common stock |
|
|
|
|
|
|
$ (1)
|
|
|
|
|
|
|
| Repurchases of Class A non-voting common stock (in shares) |
|
105,208,000
|
|
|
|
|
|
|
|
|
|
|
|
| Repurchases of Class A non-voting common stock |
|
$ (1,001,052)
|
|
|
|
|
|
|
|
|
|
|
|
| Retirement of Class A non-voting common stock (in shares) |
|
(53,896,000)
|
|
|
|
|
|
|
|
|
|
|
|
| Retirement of Class A non-voting common stock |
|
$ 500,538
|
|
(500,538)
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation expense |
|
|
1,369,407
|
|
|
|
|
|
|
|
|
|
|
| Shares issued in connection with exercise of stock options under stock-based compensation plans |
|
|
4,285
|
|
|
|
|
|
|
|
|
|
|
| Issuance of Class A non-voting common stock in connection with acquisitions and divestitures |
|
|
44,039
|
|
|
|
|
|
|
|
|
|
|
| Purchase of capped calls |
|
|
$ (177,000)
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
$ (1,429,653)
|
|
|
$ (1,429,653)
|
|
$ (1,203,614)
|
|
|
$ (20,141)
|
|
|
$ (205,898)
|
|
| Other comprehensive income (loss), net of tax |
$ (19,495)
|
|
|
|
$ (19,495)
|
|
|
|
|
|
|
|
|
| Common stock, end of period (in shares) at Dec. 31, 2022 |
1,625,398,000
|
|
0
|
0
|
0
|
|
1,319,930,000
|
|
|
22,529,000
|
|
|
231,627,000
|
| Treasury stock, end of period (in shares) at Dec. 31, 2022 |
|
51,312,000
|
|
|
|
|
|
|
|
|
|
|
|
| Balance, end of period at Dec. 31, 2022 |
$ 2,580,698
|
$ (500,514)
|
$ 13,309,828
|
$ (10,214,657)
|
$ (13,974)
|
|
$ 13
|
|
|
$ 0
|
|
|
$ 2
|
| Treasury stock, beginning of period (in shares) at Sep. 30, 2022 |
|
|
|
|
|
51,300,000
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Retirement of Class A non-voting common stock (in shares) |
|
|
|
|
|
(53,900,000)
|
|
|
|
|
|
|
|
| Retirement of Class A non-voting common stock |
|
|
|
|
|
$ (500,500)
|
|
|
|
|
|
|
|
| Common stock, end of period (in shares) at Dec. 31, 2022 |
1,625,398,000
|
|
0
|
0
|
0
|
|
1,319,930,000
|
|
|
22,529,000
|
|
|
231,627,000
|
| Treasury stock, end of period (in shares) at Dec. 31, 2022 |
|
51,312,000
|
|
|
|
|
|
|
|
|
|
|
|
| Balance, end of period at Dec. 31, 2022 |
$ 2,580,698
|
$ (500,514)
|
$ 13,309,828
|
$ (10,214,657)
|
$ (13,974)
|
|
$ 13
|
|
|
$ 0
|
|
|
$ 2
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued in connection with exercise of stock options under stock-based compensation plans (in shares) |
|
|
|
|
|
|
599,000
|
|
|
565,000
|
|
|
|
| Issuance of Class A non-voting common stock in connection with acquisitions (in shares) |
|
|
|
|
|
|
0
|
|
|
|
|
|
|
| Issuance of Class A non-voting common stock for vesting of restricted stock units and restricted stock awards, net (in shares) |
|
|
|
|
|
|
86,557,000
|
|
|
|
|
|
|
| Issuance of Class A non-voting common stock for vesting of restricted stock units and restricted stock awards, net |
|
|
|
|
|
|
$ 1
|
|
|
|
|
|
|
| Conversion of common stock to common stock (in shares) |
|
|
|
|
|
|
|
566,000
|
|
|
(566,000)
|
|
|
| Repurchases of Class A non-voting common stock (in shares) |
|
|
|
|
|
|
(18,423,000)
|
|
|
|
|
|
|
| Repurchases of Class A non-voting common stock |
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
| Repurchases of Class A non-voting common stock (in shares) |
|
18,423,000
|
|
|
|
|
|
|
|
|
|
|
|
| Repurchases of Class A non-voting common stock |
|
$ (189,394)
|
|
|
|
|
|
|
|
|
|
|
|
| Retirement of Class A non-voting common stock (in shares) |
|
(18,423,000)
|
|
|
|
|
|
|
|
|
|
|
|
| Retirement of Class A non-voting common stock |
|
$ 189,394
|
|
(189,394)
|
|
|
|
|
|
|
|
|
|
| Reissuances of Class A non-voting common stock for vesting of restricted stock units (in shares) |
|
(2,112,000)
|
|
|
|
|
2,112,000
|
|
|
|
|
|
|
| Reissuances of Class A non-voting common stock for vesting of restricted stock units |
|
$ 20,611
|
(20,611)
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation expense |
|
|
1,323,149
|
|
|
|
|
|
|
|
|
|
|
| Shares issued in connection with exercise of stock options under stock-based compensation plans |
|
|
1,038
|
|
|
|
|
|
|
|
|
|
|
| Issuance of Class A non-voting common stock in connection with acquisitions and divestitures |
|
|
0
|
|
|
|
|
|
|
|
|
|
|
| Purchase of capped calls |
|
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
(1,322,485)
|
|
|
$ (1,322,485)
|
|
$ (1,114,039)
|
|
|
$ (18,479)
|
|
|
$ (189,967)
|
|
| Other comprehensive income (loss), net of tax |
$ 21,105
|
|
|
|
$ 21,105
|
|
|
|
|
|
|
|
|
| Common stock, end of period (in shares) at Dec. 31, 2023 |
1,694,696,000
|
|
0
|
0
|
0
|
1,391,341,000
|
1,391,341,000
|
|
22,528,000
|
22,528,000
|
|
231,627,000
|
231,627,000
|
| Treasury stock, end of period (in shares) at Dec. 31, 2023 |
|
49,200,000
|
|
|
|
49,200,000
|
|
|
|
|
|
|
|
| Balance, end of period at Dec. 31, 2023 |
$ 2,414,112
|
$ (479,903)
|
$ 14,613,404
|
$ (11,726,536)
|
$ 7,131
|
|
$ 14
|
|
|
$ 0
|
|
|
$ 2
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued in connection with exercise of stock options under stock-based compensation plans (in shares) |
|
|
|
|
|
|
884,000
|
|
|
5,000
|
|
|
|
| Issuance of Class A non-voting common stock for vesting of restricted stock units and restricted stock awards, net (in shares) |
|
|
|
|
|
|
70,167,000
|
|
|
|
|
|
|
| Issuance of Class A non-voting common stock for vesting of restricted stock units and restricted stock awards, net |
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
| Conversion of common stock to common stock (in shares) |
|
|
|
|
|
|
|
10,000
|
|
|
(10,000)
|
|
|
| Repurchases of Class A non-voting common stock (in shares) |
|
|
|
|
|
|
(27,885,000)
|
|
|
|
|
|
|
| Repurchases of Class A non-voting common stock (in shares) |
|
27,885,000
|
|
|
|
|
|
|
|
|
|
|
|
| Repurchases of Class A non-voting common stock |
|
$ (311,069)
|
|
|
|
|
|
|
|
|
|
|
|
| Retirement of Class A non-voting common stock (in shares) |
|
(27,885,000)
|
|
|
|
|
|
|
|
|
|
|
|
| Retirement of Class A non-voting common stock |
|
$ 311,069
|
|
(311,069)
|
|
|
|
|
|
|
|
|
|
| Reissuances of Class A non-voting common stock for vesting of restricted stock units (in shares) |
|
(1,978,000)
|
|
|
|
|
1,978,000
|
|
|
|
|
|
|
| Reissuances of Class A non-voting common stock for vesting of restricted stock units |
|
$ 19,283
|
(19,283)
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation expense |
|
|
1,041,023
|
|
|
|
|
|
|
|
|
|
|
| Shares issued in connection with exercise of stock options under stock-based compensation plans |
|
|
12,798
|
|
|
|
|
|
|
|
|
|
|
| Purchase of capped calls |
|
|
(68,850)
|
|
|
|
|
|
|
|
|
|
|
| Termination of capped calls |
|
|
$ 62,683
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
(697,856)
|
|
|
$ (697,856)
|
|
$ (590,956)
|
|
|
$ (9,475)
|
|
|
$ (97,425)
|
|
| Other comprehensive income (loss), net of tax |
$ (4,437)
|
|
|
|
$ (4,437)
|
|
|
|
|
|
|
|
|
| Common stock, end of period (in shares) at Dec. 31, 2024 |
1,737,867,000
|
|
0
|
0
|
0
|
1,436,495,296
|
1,436,495,000
|
|
22,523,290
|
22,523,000
|
|
231,626,943
|
231,627,000
|
| Treasury stock, end of period (in shares) at Dec. 31, 2024 |
|
47,222,000
|
|
|
|
47,222,000
|
|
|
|
|
|
|
|
| Balance, end of period at Dec. 31, 2024 |
$ 2,450,761
|
$ (460,620)
|
$ 15,644,132
|
$ (12,735,461)
|
$ 2,694
|
|
$ 14
|
|
|
$ 0
|
|
|
$ 2
|