Overview Financials News + Filings Key Docs Charts Transactions Ownership Insiders
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| In millions, except per share items | Jun-30-23 | Dec-31-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 |
| | 10-Q | 8-K | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
| Net revenues | 2,540.0 | 2,510.0 | 2,422.0 | 2,483.0 | 2,613.0 | 2,501.0 | 2,668.0 | 2,638.0 |
| Net revenues growth | 4.9% | -3.9% | -9.2% | -5.9% | 5.4% | 10.8% | 14.2% | 11.1% |
| Cost of net revenues | 718.0 | 694.0 | 663.0 | 689.0 | 694.0 | 678.0 | 672.0 | 606.0 |
| Gross profit | 1,822.0 | 1,829.0 | 1,759.0 | 1,794.0 | 1,919.0 | 1,823.0 | 1,996.0 | 2,032.0 |
| Gross margin | 71.7% | 72.9% | 72.6% | 72.3% | 73.4% | 72.9% | 74.8% | 77.0% |
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| Operating expenses: | | | | | | | | |
| Sales and marketing | 566.0 | 570.0 | 566.0 | 478.0 | 569.0 | 496.0 | 559.0 | 546.0 |
| Product development | 392.0 | 402.0 | 344.0 | 301.0 | 337.0 | 334.0 | 350.0 | 304.0 |
| General and administrative | 251.0 | 325.0 | 237.0 | 226.0 | 206.0 | 219.0 | 250.0 | 246.0 |
| Provision for transaction losses | 90.0 | 81.0 | 86.0 | 96.0 | 119.0 | 112.0 | 103.0 | 88.0 |
| Amortization of acquired intangible assets | 5.0 | | 1.0 | 1.0 | | | 2.0 | 7.0 |
| Total operating expenses | 1,304.0 | 1,298.0 | 1,234.0 | 1,102.0 | 1,231.0 | 1,161.0 | 1,264.0 | 1,191.0 |
| Income from operations | 518.0 | 565.0 | 525.0 | 692.0 | 688.0 | 662.0 | 732.0 | 841.0 |
| Operating margin | 20.4% | 22.5% | 21.7% | 27.9% | 26.3% | 26.5% | 27.4% | 31.9% |
| Gain (loss) on equity investments and warrant, net | -214.0 | | -1,221.0 | | | | | |
| Interest and other, net | -19.0 | -55.0 | -31.0 | -50.0 | 516.0 | -228.0 | -58.0 | -81.0 |
| Income (loss) from continuing operations before income taxes | 285.0 | | -727.0 | -1,649.0 | -1,161.0 | 434.0 | 401.0 | 724.0 |
| Income tax benefit (provision) | -113.0 | -158.0 | 191.0 | 310.0 | 268.0 | -151.0 | -107.0 | -156.0 |
| Income (loss) from continuing operations | 172.0 | 671.0 | -536.0 | -1,339.0 | -893.0 | 283.0 | 294.0 | 568.0 |
| Income (loss) from discontinued operations, net of income taxes | -1.0 | | 5.0 | -2.0 | 2,862.0 | -19.0 | 10,440.0 | 73.0 |
| Net income (loss) | 171.0 | 672.0 | -531.0 | -1,341.0 | 1,969.0 | 264.0 | 10,734.0 | 641.0 |
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| Income (loss) per share - basic: | | | | | | | | |
| Continuing operations (in usd per share) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Discontinued operations (in usd per share) | | | 0.0 | | 0.0 | 0.0 | 0.0 | 0.0 |
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| Net income (loss) per share - basic (in usd per share) | $0.32 | $1.24 | ($0.95) | ($2.28) | $3.43 | $0.41 | $15.92 | $0.94 |
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| Income (loss) per share - diluted: | | | | | | | | |
| Continuing operations (in usd per share) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Discontinued operations (in usd per share) | | | 0.0 | | 0.0 | 0.0 | 0.0 | 0.0 |
| Net income (loss) per share - diluted (in usd per share) | $0.32 | $1.23 | ($0.95) | ($2.28) | $3.38 | $0.40 | $15.68 | $0.92 |
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| Weighted-average shares: | | | | | | | | |
| Basic (in shares) | 534.0 | 541.0 | 556.0 | 587.0 | 652.0 | 647.0 | 674.0 | 681.0 |
| Diluted (in shares) | 537.0 | 544.0 | 556.0 | 587.0 | 663.0 | 658.0 | 685.0 | 693.0 |
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