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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Net revenue $ 9,510 $ 8,634
Operating Expenses    
Personnel 1,813 1,479
Marketing 306 293
Network and processing 207 181
Professional fees 143 131
Depreciation and amortization 282 247
General and administrative 481 340
Litigation provision 44 9
Total operating expenses 3,276 2,680
Operating income 6,234 5,954
Non-operating Income (Expense)    
Interest expense (182) (187)
Investment income (expense) and other 148 275
Total non-operating income (expense) (34) 88
Income before income taxes 6,200 6,042
Income tax provision 1,081 1,152
Net income $ 5,119 $ 4,890
Class A common stock    
Earnings Per Share    
Basic Earnings Per Share (in dollars per share) $ 2.58 $ 2.39
Basic Weighted-average Shares Outstanding (in shares) 1,729 1,584
Diluted Earnings Per Share (in dollars per share) $ 2.58 $ 2.39
Diluted Weighted-average Shares Outstanding (in shares) 1,985 2,045
Class B-1 common stock    
Earnings Per Share    
Basic Earnings Per Share (in dollars per share) $ 4.04 $ 3.80
Basic Weighted-average Shares Outstanding (in shares) 5 245
Diluted Earnings Per Share (in dollars per share) $ 4.04 $ 3.80
Diluted Weighted-average Shares Outstanding (in shares) 5 245
Class B-2 common stock    
Earnings Per Share    
Basic Earnings Per Share (in dollars per share) [1] $ 3.99 $ 0
Basic Weighted-average Shares Outstanding (in shares) [1] 120 0
Diluted Earnings Per Share (in dollars per share) [1] $ 3.98 $ 0
Diluted Weighted-average Shares Outstanding (in shares) [1] 120 0
Class C common stock    
Earnings Per Share    
Basic Earnings Per Share (in dollars per share) $ 10.33 $ 9.58
Basic Weighted-average Shares Outstanding (in shares) 10 9
Diluted Earnings Per Share (in dollars per share) $ 10.32 $ 9.57
Diluted Weighted-average Shares Outstanding (in shares) 10 9
[1] No shares of class B-2 common stock were outstanding prior to the class B-1 common stock exchange offer in May 2024. See Note 9—Stockholders’ Equity for further details.