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Supplemental Financial Statement Information
 6 Months Ended
Jun. 30, 2026
Additional Financial Information Disclosure [Abstract]  
Supplemental Financial Statement Information 8. Supplemental Financial Statement Information
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following as of the dates indicated (in thousands):
June 30,
2026		December 31,
2025
Prepaid insurance
$374,893 $438,448 
Enterprise and trade receivables, net(1)
339,832 383,903 
Other350,173 259,983 
Prepaid expenses and other current assets$1,064,898 $1,082,334 
_______________
(1)The Company’s receivable balance, which consists primarily of amounts due from participants in the Company’s enterprise programs and bikes and scooters partners, was $351.2 million and $394.9 million as of June 30, 2026 and December 31, 2025, respectively while the allowance for credit losses was $11.3 million and $11.0 million as of June 30, 2026 and December 31, 2025, respectively.
Accrued and Other Current Liabilities
Accrued and other current liabilities consisted of the following as of the dates indicated (in thousands):
June 30,
2026		December 31,
2025
Insurance-related accruals$953,015 $892,757 
Legal and tax related accruals
614,958 540,042 
Ride-related accruals223,133 208,317 
Insurance claims payable and related fees65,579 56,307 
Long-term debt, current(1)
53,328 50,607 
Finance lease liabilities, current
33,176 35,750 
Other
485,723 413,083 
Accrued and other current liabilities$2,428,912 $2,196,863 
_______________
(1)Represents current portion of long-term debt primarily related to the Non-revolving Loan (as defined below) and Master Vehicle Loan (as defined below). Refer to Note 11 “Debt” for more information.
Insurance Reserves
Reinsurance of Certain Legacy Auto Liability Insurance
On February 19, 2025, the Company’s wholly-owned subsidiary, Pacific Valley Insurance Company, Inc. (“PVIC”), entered into a Loss Portfolio Transfer Reinsurance Agreement (the “Reinsurance Agreement”) with Riverstone International Insurance, Inc. (“Riverstone”), under which Riverstone reinsured a legacy portfolio of auto insurance policies, based on reserves in place as of January 1, 2025, of certain legacy insurance liabilities for policies underwritten during the period of October 1, 2020 to September 30, 2022, with an aggregate limit of $120.5 million, for a premium of $85.1 million (the “Reinsurance Transaction”). A substantial portion of the premium ceded is on a funds withheld basis, meaning that the premium withheld by PVIC is used to pay future reinsurance claims on Riverstone's behalf. Upon consummation of the Reinsurance Transaction, a reinsurance recoverable was established, and since a contractual right of offset exists, the reinsurance recoverable has been netted against the funds withheld liability balance for an immaterial net reinsurance recoverable balance included in prepaid expenses and other current assets on the condensed consolidated balance sheets as of June 30, 2026 and December 31, 2025. In addition to the premium ceded to the reinsurer, the Company prepaid $8.4 million in interest related to the funds withheld. An immaterial amount of interest expense was recognized on the condensed consolidated statements of operations for the three and six months ended June 30, 2026 and 2025. An immaterial loss was recognized on the condensed consolidated statements of operations for the three months ended March 31, 2025, in cost of revenue upon completion of the Reinsurance Transaction.
The Reinsurance Transaction does not discharge PVIC of its obligations to the policyholder. Management evaluated reinsurance counterparty credit risk and does not consider it to be material since a substantial portion of the premium of $85.1 million was retained by PVIC on a funds withheld basis on behalf of the reinsurer.