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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 1,188,654 $ 941,828
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 273,464 287,249
Amortization of discounts and premiums and other non-cash adjustments (834,950) (824,219)
Non-cash lease expense 42,545 55,480
Share-based compensation 921,957 955,845
Loss (gain) on revaluation of equity investments (172,582) 470
Remeasurement gain on bitcoin investment (178,402) (168,576)
Transaction, loan, and consumer receivable losses 827,234 549,603
Change in deferred income taxes 182,756 5,368
Purchases and originations of loans originally classified as held for sale (12,394,452) (10,887,619)
Proceeds from repayments of loans originally classified as held for sale 12,457,575 10,419,823
Changes in operating assets and liabilities:    
Settlements receivable (291,388) 1,577,463
Customers payable 313,061 (1,319,654)
Other assets and liabilities (376,758) 100,489
Net cash provided by operating activities 1,958,714 1,693,550
Cash flows from investing activities:    
Purchases of marketable debt securities (481,088) (1,035,477)
Proceeds from maturities of marketable debt securities 423,312 790,748
Proceeds from sale of marketable debt securities 392,218 436,912
Payments for originations of consumer receivables (22,553,302) (20,197,450)
Proceeds from principal repayments and sales of consumer receivables 23,721,275 21,142,547
Purchases and originations of loans originally classified as held for investment (7,643,830) 0
Proceeds from repayments of loans originally classified as held for investment 5,629,369 0
Purchases of property and equipment (113,838) (126,954)
Purchases of other investments (45,930) (37,218)
Net cash provided by (used in) investing activities (671,814) 973,108
Cash flows from financing activities:    
Proceeds from issuance of senior notes 2,200,000 2,000,000
Payments of debt issuance costs from issuance of senior notes (28,346) (26,619)
Payments to redeem convertible notes (1,000,624) 0
Proceeds from warehouse facilities borrowings 448,530 406,359
Repayments of warehouse facilities borrowings (1,456,869) (1,054,091)
Proceeds from the exercise of stock options and purchases under the employee stock purchase plan 58,247 88,053
Net increase in interest-bearing deposits 81,176 73,687
Repurchases of common stock (1,540,529) (987,179)
Other financing activities (35,330) (18,473)
Change in customer funds, restricted from use in the Company's operations 620,844 763,355
Net cash provided by (used in) financing activities (652,901) 1,245,092
Effect of foreign exchange rate on cash and cash equivalents 80,515 13,600
Net increase in cash, cash equivalents, restricted cash, and customer funds 714,514 3,925,350
Cash, cash equivalents, restricted cash, and customer funds, beginning of the period 13,230,512 9,009,087
Cash, cash equivalents, restricted cash, and customer funds, end of the period 13,945,026 12,934,437
Reconciliation of cash, cash equivalents, restricted cash, and customer funds:    
Cash and cash equivalents 8,335,934 8,299,804
Short-term restricted cash 731,590 630,933
Long-term restricted cash 73,786 69,915
Customer funds cash and cash equivalents 4,803,716 3,933,785
Total $ 13,945,026 $ 12,934,437