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OTHER CONSOLIDATED BALANCE SHEET COMPONENTS (CURRENT) (Tables) | 6 Months Ended
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Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Other Current Assets | The following table presents the detail of other current assets (in thousands):
| June 30, 2025 |  | December 31, 2024
Restricted cash (i) | $ | 745,519 |  |  | $ | 902,478 |
Processing costs receivable | 423,945 |  |  | 478,767 |
Investments in short-term debt securities | 313,411 |  |  | 403,426 |
Prepaid expenses | 255,652 |  |  | 129,343 |
Accounts receivable, net | 158,976 |  |  | 148,898 |
Inventory, net | 138,141 |  |  | 104,990 |
Short-term deposits | 83,940 |  |  | 87,968 |
Other | 376,926 |  |  | 324,198 |
Total | $ | 2,496,510 |  |  | $ | 2,580,068 |
(i) Includes a portion invested in money market funds. Refer to Note 5, Fair Value Measurements for further details.
Schedule of Accrued Expenses and Other Current Liabilities | The following table presents the detail of accrued expenses and other current liabilities (in thousands):
| June 30, 2025 |  | December 31, 2024
Accrued expenses | $ | 554,066 |  |  | $ | 725,339 |
Customer deposits | 296,676 |  |  | 241,884 |
Accounts payable | 118,816 |  |  | 117,963 |
Accrued royalties | 64,823 |  |  | 57,605 |
Accrued transaction losses (i) | 54,382 |  |  | 58,580 |
Operating lease liabilities, current | 51,982 |  |  | 52,880 |
Other | 282,486 |  |  | 270,898 |
Total | $ | 1,423,231 |  |  | $ | 1,525,149 |
(i) The Company is exposed to potential credit losses related to transactions processed by sellers that are subsequently subject to chargebacks when the Company is unable to collect from the sellers primarily due to insolvency. Generally, the Company estimates the potential loss rates based on historical experience that is continuously adjusted for new information and incorporates, where applicable, reasonable and supportable forecasts about future expectations.
Schedule of Reserve for Transaction Losses | The following table summarizes the activities of the Company’s reserve for transaction losses (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30, |  |
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |  |  |
Accrued transaction losses, beginning of the period | $ | 57,137 |  |  | $ | 60,016 |  |  | $ | 58,580 |  |  | $ | 54,042 |  |  |  |  |
Provision for transaction losses | 32,071 |  |  | 49,731 |  |  | 61,479 |  |  | 80,550 |  |  |  |  |
Charge-offs to accrued transaction losses | (34,826) |  |  | (28,438) |  |  | (65,677) |  |  | (53,283) |  |  |  |  |
Accrued transaction losses, end of the period | $ | 54,382 |  |  | $ | 81,309 |  |  | $ | 54,382 |  |  | $ | 81,309 |  |  |  |  |

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- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
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