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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 6,384,224 $ 8,075,247
Settlements receivable 1,235,325 1,060,966
Customer funds 4,937,814 4,182,872
Loans held for sale 1,411,653 1,111,107
Loans held for investment, net of allowances 1,039,544 365,062
Other current assets 2,496,510 2,580,068
Total current assets 19,707,662 19,880,201
Goodwill 11,816,794 11,417,422
Acquired intangible assets, net 1,368,735 1,433,067
Deferred tax assets 1,793,827 1,800,994
Other non-current assets 2,171,373 2,245,911
Total assets 36,858,391 36,777,595
Current liabilities:    
Customers payable 6,957,104 5,837,152
Accrued expenses and other current liabilities 1,423,231 1,525,149
Current portion of long-term debt (Note 12) 1,570,979 999,497
Warehouse funding facilities, current 120,000 185,000
Total current liabilities 10,071,314 8,546,798
Warehouse funding facilities, non-current 583,924 1,296,680
Long-term debt (Note 12) 3,539,887 5,105,939
Other non-current liabilities 540,374 593,216
Total liabilities 14,735,499 15,542,633
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.0000001 par value: 100,000 shares authorized at June 30, 2025 and December 31, 2024. None issued and outstanding at June 30, 2025 and December 31, 2024. 0 0
Additional paid-in capital 19,442,101 19,900,379
Accumulated other comprehensive loss (381,913) (1,001,065)
Retained earnings 3,096,948 2,368,618
Total stockholders’ equity attributable to common stockholders 22,157,136 21,267,932
Noncontrolling interests (34,244) (32,970)
Total stockholders’ equity 22,122,892 21,234,962
Total liabilities and stockholders’ equity 36,858,391 36,777,595
Class A    
Stockholders’ equity:    
Common stock 0 0
Class B    
Stockholders’ equity:    
Common stock 0 0
Consumer    
Current assets:    
Consumer receivables, net 2,202,592 2,504,879
Loans held for sale 692,881 $ 652,489
Loans held for investment, net of allowances $ 677,763