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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net income $ 64,544 $ 42,881
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 75,392 64,202
Stock-based compensation 163,431 175,260
Deferred income tax 21,435 (1,119)
Amortization of premium on marketable securities 337 61
Accretion of discount on marketable securities (26,301) (37,673)
Amortization of debt discount and issuance costs 2,353 1,689
Loss on sale and disposal of assets, net 6,137 2,372
Other (4,376) (6,504)
Changes in operating assets and liabilities, net effects of acquisition    
Prepaid expenses and other assets 30,040 1,289
Operating lease right-of-use assets 15,071 11,253
Accounts payable (8,696) 7,173
Insurance reserves 127,232 246,472
Accrued and other liabilities 207,653 139,165
Lease liabilities (16,648) (15,559)
Net cash provided by operating activities 657,604 630,962
Cash flows from investing activities    
Purchases of marketable securities (1,783,445) (1,594,199)
Proceeds from sales of marketable securities 288,111 209,395
Proceeds from maturities of marketable securities 1,491,114 1,868,470
Proceeds from maturities of term deposits 0 2,194
Purchases of property and equipment and scooter fleet (50,718) (20,786)
Sales of property and equipment 37,596 31,188
Cash paid for acquisitions, net of cash acquired (54,252) 0
Cash received from divestiture of equity method investment 15,499 0
Other investing activities (8,463) 0
Net cash (used in) provided by investing activities (64,558) 496,262
Cash flows from financing activities    
Repayment of loans (44,010) (33,174)
Repurchase of Class A common stock (400,000) (200,000)
Payment for settlement of convertible senior notes due 2025 0 (390,719)
Proceeds from common stock issuances 8,214 7,304
Taxes paid related to net share settlement of equity awards (66,390) (61,495)
Principal payments on finance lease obligations (23,147) (20,933)
Other financing activities (3,322) (255)
Net cash used in financing activities (528,655) (699,272)
Effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents (4,831) 1,120
Net increase in cash, cash equivalents and restricted cash and cash equivalents 59,560 429,072
Beginning of period 1,837,370 946,040
End of period 1,896,930 1,375,112
Reconciliation of cash, cash equivalents and restricted cash and cash equivalents to the condensed consolidated balance sheets    
Cash and cash equivalents 1,137,942 913,845
Restricted cash and cash equivalents 758,988 461,267
Total cash, cash equivalents and restricted cash and cash equivalents 1,896,930 1,375,112
Non-cash investing and financing activities    
Financed vehicles acquired 37,965 21,962
Purchases of property and equipment and scooter fleet not yet settled 14,572 10,178
Right-of-use assets acquired under finance leases 11,385 3,655
Right-of-use assets acquired under operating leases 9,227 2,754
Remeasurement of finance and operating lease right-of-use assets (1,715) (2,593)
Repurchase of Class A common stock, including excise tax, accrued and not yet paid $ 3,094 $ 1,113