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Segment Information
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
Significant Segment Expenses
The following table presents our significant expense categories included in our reported measure of segment profitability for the periods presented (in millions):
 Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Revenue$676 $581 $1,929 $1,682 
Less:
Headcount-related expenses, excluding share-based compensation300 281 886 817 
Share-based compensation99 108 295 329 
Depreciation and amortization67 63 199 178 
Marketing and advertising costs47 64 154 152 
Direct product and service costs91 48 214 135 
Third-party professional service fees25 14 61 54 
Facility expenses20 22 
Impairment costs— 
Acquisition-related costs
— — 
Other items (1)42 42 121 116 
Loss from operations(3)(45)(23)(128)
Loss on extinguishment of debt— — — (1)
Other income, net18 34 58 101 
Interest expense(3)(9)(13)(28)
Income tax expense(2)— (2)(4)
Net income (loss)$10 $(20)$20 $(60)
(1) Other items include software and hardware, taxes, insurance, and data acquisition costs.