XML 40 R24.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segment and Geographic Information
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Segment and Geographic Information Segment and Geographic Information
Segment Information

Operating segments are defined as components of an entity for which discrete financial information is available and is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in making decisions regarding resource allocation and performance assessment. The Company’s CODM is its Chief Executive Officer. The Company has one operating segment and one reportable segment. The CODM
assesses financial performance and decides how to allocate resources based on consolidated net income. Segment assets are reported on the Company’s consolidated balance sheets.

The following table sets forth the Company’s significant segment expenses (in millions):
Year Ended December 31,
202220232024
Revenue$8,399 $9,917 $11,102 
Less:
Merchant fees and chargebacks
1,195 1,369 1,508 
Stock-based compensation expense
930 1,120 1,407 
Salaries and benefits1,359 1,558 1,686 
Marketing1,001 1,189 1,484 
Professional and third-party services(1)
956 1,078 1,083 
Non-income taxes113 894 237 
Other items(2)
1,043 1,191 1,144 
Total cost and expense6,597 8,399 8,549 
Income from operations1,802 1,518 2,553 
Interest income186 721 818 
Other income (expense), net(137)(40)
Income before income taxes1,989 2,102 3,331 
Provision for (benefit from) income taxes96 (2,690)683 
Net income$1,893 $4,792 $2,648 

(1)Professional and third-party services primarily include expenses related to customer support partners, consultants and third-party service providers, contingent workforce, legal, audit and tax.
(2)Other items primarily include expenses and costs related to data hosting services, insurance, customer relations, and software and equipment.

Geographic Information

The following table sets forth the breakdown of revenue by geography, determined based on the location of the Host’s listing (in millions):

Year Ended December 31,
202220232024
United States
$3,890 $4,290 $4,640 
International1
4,509 5,627 6,462 
Total revenue$8,399 $9,917 $11,102 

(1)No individual international country represented 10% or more of the Company’s total revenue for years ended December 31, 2022, 2023, and 2024.

The following table sets forth the breakdown of long-lived assets based on geography (in millions):

 December 31,
 20232024
United States$229 $245 
Ireland32 30 
Other international18 16 
Total long-lived assets$279 $291 

Long-lived assets as of December 31, 2023 and 2024 consisted of property and equipment and operating lease ROU assets. Long-lived assets attributed to the United States, Ireland, and other international geographies are based upon the country in which the asset is located.