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COMMON STOCK AND STOCKHOLDERS' EQUITY (Tables)
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule Of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2025 is as follows:
Number of SharesWeighted-Average Exercise PriceWeighted- Average Remaining Life
Total Intrinsic Value
(in millions)
Balance at December 31, 20247,843,554$4.49 2.8$257 
Granted during the period— — 
Exercised during the period(4,206,007)3.71 
Expired during the period(538,191)0.18 
Forfeited during the period(65,377)14.15 
Balance at December 31, 20253,033,979 $6.12 2.29$325 
Options vested and expected to vest at December 31, 20253,033,979$6.12 2.29$325 
Options exercisable at December 31, 20252,945,987$5.88 2.27$316 
Schedule Of Activity Related To Time-Based and Market-Based RSUs The following table summarizes the activity related to our Time-Based RSUs for the year ended December 31, 2025:
Number of RSUsWeighted- average grant date fair value
Unvested at December 31, 202418,233,088 $15.20 
Granted6,192,563 50.86 
Vested(14,548,770)21.28 
Forfeited(2,230,494)24.12 
Unvested at December 31, 20257,646,387 $29.92 
Schedule of Nonvested Restricted Stock Units Activity The following table summarizes the activity for the year ended December 31, 2025:
Number of RSUsWeighted- average grant date fair value
Unvested at December 31, 2024— $— 
Issued2,049,711 48.85 
Vested— — 
Forfeited— — 
Unvested at December 31, 20252,049,711 $48.85 
Schedule Of Share-Based Compensation The following table presents SBC in our consolidated statements of operations for the periods indicated:
Year Ended December 31,
(in millions)202320242025
Brokerage and transaction$7 $9 $10 
Technology and development 211 192 159 
Operations 8 7 6 
Marketing5 8 8 
General and administrative640 88 122 
Total$871 $304 $305 
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(1) For the year ended December 31, 2023 and 2024, SBC expense primarily consisted of $292 million and $300 million related to Time-Based RSUs. For the same periods, SBC expense also consisted of $567 million and negative $8 million related to Market-Based RSUs as a result of a reversal of $11 million of previously recognized expense related to unvested awards that were forfeited upon the resignation of our co-founder and former Chief Creative Officer during the first quarter of 2024. For the year ended 2025, SBC expense primarily consisted of $293 million related to Time-Based RSUs.