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Interim Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Net revenues and financial income $ 5,312     $ 4,409 $ 3,927 [1] $ 3,585 $ 3,186 $ 6,771 $ 14,718 $ 10,698 [1] $ 15,107
Cost of net revenues and financial expenses (2,873)     (2,359) (1,832) [1] (1,754) (1,572) (3,326) (7,890) (5,158) [1] (7,517)
Gross profit 2,439     2,050 2,095 [1] 1,831 1,614 3,445 6,828 5,540 [1] 7,590
Operating expenses:                      
Product and technology development (504)     (686) (396) [1] (368) (381) (749) (1,422) (1,145) [1] (1,831)
Sales and marketing (566)     (529) (441) [1] (383) (383) (766) (1,555) (1,207) [1] (1,736)
Provision for doubtful accounts (507)     (299) (277) [1] (222) (252) (474) (1,331) (751) [1] (1,050)
General and administrative (305)     (201) (196) [1] (189) (180) (369) (709) (565) [1] (766)
Total operating expenses (1,882)     (1,715) (1,310) [1] (1,162) (1,196) (2,358) (5,017) (3,668) [1] (5,383)
Income from operations 557     335 785 [1] 669 418 1,087 1,811 1,872 [1] 2,207
Other income (expenses):                      
Interest income and other financial gains 43     40 38 [1] 34 23 57 107 95 [1] 135
Interest expense and other financial losses (40)     (38) (53) [1] (49) (34) (83) (117) (136) [1] (174)
Foreign currency losses, net (40)     (107) (239) [1] (182) (87) (269) (132) (508) [1] (615)
Net income before income tax expense and equity in earnings of unconsolidated entity 520     230 531 [1] 472 320 792 1,669 1,323 [1] 1,553
Income tax expense (123)     (65) (172) [1] (210) (122) (332) (397) (504) [1] (569)
Equity in earnings of unconsolidated entity 0     0 0 [1] 0 3 3 0 3 [1] 3
Net income $ 397 $ 531 $ 344 165 $ 359 [1] 262 201 463 $ 1,272 $ 822 [1] 987
Basic earning per share                      
Basic net income available to shareholders per common share (in dollars per share) $ 7.83       $ 7.18       $ 25.09 $ 16.40  
Weighted average of outstanding common shares (in shares) 50,697,438       50,008,320       50,697,442 50,137,826  
Diluted earning per share                      
Diluted net income available to shareholders per common share (in dollars per share) $ 7.83       $ 7.16       $ 25.09 $ 16.36  
Weighted average of outstanding common shares (in shares) 50,697,438       50,209,439       50,697,442 50,338,945  
Service                      
Net revenues and financial income $ 4,760     3,898 $ 3,586 [1] 3,221 2,912 6,133 $ 13,307 $ 9,719 [1] 13,617
Product                      
Net revenues and financial income $ 552     $ 511 $ 341 [1] $ 364 $ 274 $ 638 $ 1,411 $ 979 [1] $ 1,490
[1] Recast for consistency with the current presentation due to the change in the presentation of certain financial results. Please refer to Note 2 – Summary of significant accounting policies - Change in the presentation of certain financial results and reclassification of prior year results.