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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Revenue $ 590,339 $ 1,311,908 $ 2,565,100 $ 5,340,981
Operating expenses:        
Transaction expense 101,876 197,251 546,889 766,743
Technology and development 556,338 356,264 1,736,251 831,950
Sales and marketing 75,888 105,395 416,986 419,117
General and administrative 339,157 242,642 1,222,904 612,068
Restructuring (1,232) 0 41,221 0
Other operating expense, net 74,796 118,548 756,185 556,857
Total operating expenses 1,146,823 1,020,100 4,720,436 3,186,735
Operating (loss) income (556,484) 291,808 (2,155,336) 2,154,246
Interest expense 21,507 6,972 67,301 7,720
Other expense, net 65,699 13,976 271,067 10,119
(Loss) income before income taxes (643,690) 270,860 (2,493,704) 2,136,407
Benefit from income taxes (99,055) (135,240) (425,756) (647,505)
Net (loss) income (544,635) 406,100 (2,067,948) 2,783,912
Net (loss) income attributable to common stockholders:        
Basic (544,635) 402,343 (2,067,948) 2,241,790
Diluted $ (544,635) $ 405,340 $ (2,073,343) $ 2,338,407
Net (loss) income per share attributable to common stockholders:        
Basic (in dollars per share) $ (2.43) $ 1.92 $ (9.37) $ 13.58
Diluted (in dollars per share) $ (2.43) $ 1.62 $ (9.39) $ 11.19
Weighted-average shares of common stock used to compute net (loss) income per share attributable to common stockholders:        
Basic (in shares) 223,916 209,604 220,816 165,045
Diluted (in shares) 223,916 250,536 220,856 209,052
Net revenue        
Revenue:        
Revenue $ 576,375 $ 1,234,736 $ 2,543,869 $ 4,864,727
Other revenue        
Revenue:        
Revenue $ 13,964 $ 77,172 $ 21,231 $ 476,254