Meta Platforms(NASDAQ:META) 
Facebook, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide. The company's products include Facebook that enables people to connect, share, discover, and communica...
Website: http://www.facebook.com
Founded: 2004
Full Time Employees: 66,185 (Sep 2023)
Founder: Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz, and Chris Hughes
CEO: Mark Zuckerberg
Sector: Technology
Industry: Internet Content & Information
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At a glance:
- Advertising Remains the Core Earnings Engine: Meta’s financial performance is still driven primarily by advertising across Facebook, Instagram, and Reels, with results sensitive to digital ad demand, pricing, and engagement trends.
- AI Investment Supports Ranking, Reels Monetization, and Ad Efficiency: Ongoing AI spend is aimed at improving content recommendations and ad targeting/measurement, which can lift engagement and monetization, but also influences near-term expense levels.
- Reality Labs Continues to Pressure Consolidated Profitability: Losses in Reality Labs (AR/VR, Quest, and related efforts) remain a material drag on overall margins, with long-dated payoff expectations and higher uncertainty versus the ads business.
- Regulatory and Litigation Overhang Persists: Privacy, competition policy, and content governance scrutiny across the U.S. and EU can affect product design, data usage, and potential fines or remedies, creating recurring headline risk.
- Capital Returns and Balance Sheet Flexibility Are Key Shareholder Levers: Meta has meaningful capacity to return capital via buybacks (and potentially dividends) supported by strong cash generation, while maintaining flexibility to fund infrastructure and AI initiatives.
Bull Thesis:
- Dominant Advertising Platform & AI Enhancement: Meta's core advertising business remains incredibly robust, leveraging its vast user base across Facebook, Instagram, and WhatsApp. Ongoing heavy investment in AI is improving ad targeting, content recommendations, and user engagement, promising to enhance the effectiveness and value proposition for advertisers, even in a post-ATT world.
- Efficiency Drive & Margin Expansion: Following significant layoffs and a declared 'Year of Efficiency,' Meta is demonstrating a strong commitment to cost control and operational streamlining. This focus is expected to lead to improved operating margins and free cash flow generation from its core Family of Apps segment, boosting overall profitability.
- Untapped WhatsApp Monetization Potential: WhatsApp, with its billions of users, represents a largely untapped monetization opportunity. Meta is gradually rolling out features like business messaging, payments, and advertising within the platform, which could unlock substantial new revenue streams in the coming years, particularly in emerging markets.
- Long-Term Metaverse Optionality: Despite current losses, Meta's aggressive investment in the metaverse and virtual/augmented reality hardware (Quest) and software platforms positions it as a potential leader in the next computing paradigm. If the metaverse vision eventually materializes and gains mainstream adoption, Meta stands to capture a significant share of a potentially massive future market.
Bear Thesis:
- Persistent Reality Labs Losses: Meta's Reality Labs division, responsible for its metaverse ambitions, continues to incur multi-billion dollar operating losses each quarter with no clear timeline for profitability. This significant cash burn drains resources from the core business and creates a drag on overall company earnings and investor sentiment.
- Regulatory & Privacy Headwinds: Meta faces ongoing and increasing scrutiny from regulators worldwide regarding antitrust, data privacy, and content moderation. Potential fines, forced divestitures, or stricter operating requirements could significantly impact its business model, data collection practices, and ability to innovate or acquire.
- Intense Competition & User Engagement Shifts: Meta's platforms face fierce competition for user attention, particularly from rivals like TikTok, which continues to attract younger demographics. Shifts in user engagement patterns and preferences could lead to slower user growth, reduced time spent on Meta's apps, and ultimately impact its advertising revenue potential.
- Ad Targeting Challenges & Platform Changes: Apple's App Tracking Transparency (ATT) framework significantly hampered Meta's ability to target ads effectively, leading to billions in lost revenue. Future platform changes from other operating system providers or browsers, coupled with evolving privacy expectations, could further degrade Meta's ad targeting capabilities and increase advertiser acquisition costs.
Main Competitors:
- ByteDance (TikTok), Directly competes for user attention, especially among younger demographics, and advertising revenue through its short-form video platform, challenging Instagram Reels and Facebook's engagement.
- Alphabet Inc. ($GOOGL) (YouTube, Android, Google Ads), Competes for digital advertising spend across its vast ecosystem (YouTube, Search, Display Network). YouTube directly rivals Meta for video content consumption and creator monetization, while Android is a critical platform for Meta's apps.
- Apple Inc. ($AAPL) (iOS ecosystem, App Store, Apple Vision Pro), Competes on multiple fronts: controls the iOS platform impacting Meta's app distribution and advertising capabilities (e.g., App Tracking Transparency), and directly challenges Meta's VR/AR ambitions with its high-end Vision Pro headset.
- Epic Games (Fortnite, Unreal Engine), Competes in the broader 'metaverse' vision by offering immersive virtual worlds (Fortnite), creator tools (Unreal Engine), and digital economies, attracting users and developers who might otherwise engage with Meta's Horizon Worlds or VR platforms.
Moat:
Meta's primary moat lies in its immense network effects across Facebook, Instagram, and WhatsApp, creating powerful user lock-in and a vast advertising audience. Its extensive data assets and sophisticated ad targeting capabilities further strengthen this position. However, Meta faces intense competition across all its segments. In social media, it battles for user attention and ad revenue against platforms like TikTok and YouTube. In the nascent AR/VR and metaverse space, it competes with tech giants like Apple and Epic Games, requiring massive R&D investment without guaranteed returns. Furthermore, Meta is increasingly challenged by platform gatekeepers (Apple, Google) and faces significant regulatory scrutiny over privacy, data usage, and market dominance, which could erode its competitive advantages.
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 51,242,000,000 | 47,516,000,000 | 42,314,000,000 | 48,385,000,000 | 40,589,000,000 | 39,071,000,000 | 36,455,000,000 | 40,111,000,000 | 34,146,000,000 | 31,999,000,000 | 28,645,000,000 | 32,165,000,000 | 27,714,000,000 | 28,822,000,000 | 27,908,000,000 | 33,671,000,000 | 29,010,000,000 | 29,077,000,000 | 26,171,000,000 | 28,072,000,000 | 21,470,000,000 | 18,687,000,000 | 17,737,000,000 | 21,082,000,000 | 17,652,000,000 | 16,886,000,000 | 15,077,000,000 | 16,914,000,000 | 13,727,000,000 | 13,231,000,000 | 11,966,000,000 | 12,972,000,000 | 10,328,000,000 | 9,321,000,000 | 8,032,000,000 | 8,809,000,000 | 7,011,000,000 | 6,436,000,000 | 5,382,000,000 | 5,841,000,000 | 4,501,000,000 | 4,042,000,000 | 3,543,000,000 | 3,851,000,000 | 3,203,000,000 | 2,910,000,000 | 2,502,000,000 | 2,586,000,000 | 2,016,000,000 | 1,813,000,000 | 1,458,000,000 | 1,585,000,000 | 1,262,000,000 | 1,184,000,000 |
yoy | 26.25% | 21.61% | 16.07% | 20.63% | 18.87% | 22.10% | 27.26% | 24.70% | 23.21% | 11.02% | 2.64% | -4.47% | -4.47% | -0.88% | 6.64% | 19.95% | 35.12% | 55.60% | 47.55% | 33.16% | 21.63% | 10.67% | 17.64% | 24.64% | 28.59% | 27.62% | 26.00% | 30.39% | 32.91% | 41.95% | 48.98% | 47.26% | 47.31% | 44.83% | 49.24% | 50.81% | 55.77% | 59.23% | 51.91% | 51.67% | 40.52% | 38.90% | 41.61% | 48.92% | 58.88% | 60.51% | 71.60% | 63.15% | 59.75% | 53.13% | ||||
qoq | 7.84% | 12.29% | -12.55% | 19.21% | 3.89% | 7.18% | -9.11% | 17.47% | 6.71% | 11.71% | -10.94% | 16.06% | -3.84% | 3.28% | -17.12% | 16.07% | -0.23% | 11.10% | -6.77% | 30.75% | 14.89% | 5.36% | -15.87% | 19.43% | 4.54% | 12.00% | -10.86% | 23.22% | 3.75% | 10.57% | -7.76% | 25.60% | 10.80% | 16.05% | -8.82% | 25.65% | 8.93% | 19.58% | -7.86% | 29.77% | 11.36% | 14.08% | -8.00% | 20.23% | 10.07% | 16.31% | -3.25% | 28.27% | 11.20% | 24.35% | -8.01% | 25.59% | 6.59% | |
costs and expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of revenue | 9,206,000,000 | 8,491,000,000 | 7,572,000,000 | 8,839,000,000 | 7,375,000,000 | 7,308,000,000 | 6,640,000,000 | 7,695,000,000 | 6,210,000,000 | 5,945,000,000 | 6,108,000,000 | 8,336,000,000 | 5,716,000,000 | 5,192,000,000 | 6,005,000,000 | 6,348,000,000 | 5,771,000,000 | 5,399,000,000 | 5,131,000,000 | 5,210,000,000 | 4,194,000,000 | 3,829,000,000 | 3,459,000,000 | 3,491,000,000 | 3,155,000,000 | 3,307,000,000 | 2,816,000,000 | 2,796,000,000 | 2,418,000,000 | 2,214,000,000 | 1,927,000,000 | 1,611,000,000 | 1,448,000,000 | 1,237,000,000 | 1,159,000,000 | 1,048,000,000 | 987,000,000 | 916,000,000 | 838,000,000 | 824,000,000 | 720,000,000 | 668,000,000 | 654,000,000 | 652,000,000 | 565,000,000 | 473,000,000 | 462,000,000 | 491,000,000 | 507,000,000 | 465,000,000 | 413,000,000 | 397,000,000 | 322,000,000 | 367,000,000 |
gross profit | 42,036,000,000 | 39,025,000,000 | 34,742,000,000 | 39,546,000,000 | 33,214,000,000 | 31,763,000,000 | 29,815,000,000 | 32,416,000,000 | 27,936,000,000 | 26,054,000,000 | 22,537,000,000 | 23,829,000,000 | 21,998,000,000 | 23,630,000,000 | 21,903,000,000 | 27,323,000,000 | 23,239,000,000 | 23,678,000,000 | 21,040,000,000 | 22,862,000,000 | 17,276,000,000 | 14,858,000,000 | 14,278,000,000 | 17,591,000,000 | 14,497,000,000 | 13,579,000,000 | 12,261,000,000 | 14,118,000,000 | 11,309,000,000 | 11,017,000,000 | 10,039,000,000 | 11,361,000,000 | 8,880,000,000 | 8,084,000,000 | 6,873,000,000 | 7,761,000,000 | 6,024,000,000 | 5,520,000,000 | 4,544,000,000 | 5,017,000,000 | 3,781,000,000 | 3,374,000,000 | 2,889,000,000 | 3,199,000,000 | 2,638,000,000 | 2,437,000,000 | 2,040,000,000 | 2,095,000,000 | 1,509,000,000 | 1,348,000,000 | 1,045,000,000 | 1,188,000,000 | 940,000,000 | 817,000,000 |
yoy | 26.56% | 22.86% | 16.53% | 22.00% | 18.89% | 21.91% | 32.29% | 36.04% | 26.99% | 10.26% | 2.89% | -12.79% | -5.34% | -0.20% | 4.10% | 19.51% | 34.52% | 59.36% | 47.36% | 29.96% | 19.17% | 9.42% | 16.45% | 24.60% | 28.19% | 23.25% | 22.13% | 24.27% | 27.35% | 36.28% | 46.06% | 46.39% | 47.41% | 46.45% | 51.25% | 54.69% | 59.32% | 63.60% | 57.29% | 56.83% | 43.33% | 38.45% | 41.62% | 52.70% | 74.82% | 80.79% | 95.22% | 76.35% | 60.53% | 64.99% | ||||
qoq | 7.72% | 12.33% | -12.15% | 19.06% | 4.57% | 6.53% | -8.02% | 16.04% | 7.22% | 15.61% | -5.42% | 8.32% | -6.91% | 7.88% | -19.84% | 17.57% | -1.85% | 12.54% | -7.97% | 32.33% | 16.27% | 4.06% | -18.83% | 21.34% | 6.76% | 10.75% | -13.15% | 24.84% | 2.65% | 9.74% | -11.64% | 27.94% | 9.85% | 17.62% | -11.44% | 28.83% | 9.13% | 21.48% | -9.43% | 32.69% | 12.06% | 16.79% | -9.69% | 21.27% | 8.25% | 19.46% | -2.63% | 38.83% | 11.94% | 29.00% | -12.04% | 26.38% | 15.06% | |
gross margin % | 82.03% | 82.13% | 82.11% | 81.73% | 81.83% | 81.30% | 81.79% | 80.82% | 81.81% | 81.42% | 78.68% | 74.08% | 79.38% | 81.99% | 78.48% | 81.15% | 80.11% | 81.43% | 80.39% | 81.44% | 80.47% | 79.51% | 80.50% | 83.44% | 82.13% | 80.42% | 81.32% | 83.47% | 82.39% | 83.27% | 83.90% | 87.58% | 85.98% | 86.73% | 85.57% | 88.10% | 85.92% | 85.77% | 84.43% | 85.89% | 84.00% | 83.47% | 81.54% | 83.07% | 82.36% | 83.75% | 81.53% | 81.01% | 74.85% | 74.35% | 71.67% | 74.95% | 74.48% | 69.00% |
research and development | 15,144,000,000 | 12,942,000,000 | 12,150,000,000 | 12,180,000,000 | 11,177,000,000 | 10,537,000,000 | 9,978,000,000 | 10,517,000,000 | 9,241,000,000 | 9,344,000,000 | 9,381,000,000 | 9,771,000,000 | 9,170,000,000 | 8,690,000,000 | 7,707,000,000 | 7,046,000,000 | 6,316,000,000 | 6,096,000,000 | 5,197,000,000 | 5,207,000,000 | 4,763,000,000 | 4,462,000,000 | 4,015,000,000 | 3,878,000,000 | 3,548,000,000 | 3,315,000,000 | 2,860,000,000 | 2,855,000,000 | 2,657,000,000 | 2,523,000,000 | 2,238,000,000 | 1,949,000,000 | 2,052,000,000 | 1,919,000,000 | 1,834,000,000 | 1,574,000,000 | 1,539,000,000 | 1,463,000,000 | 1,343,000,000 | 1,314,000,000 | 1,271,000,000 | 1,170,000,000 | 1,062,000,000 | 1,111,000,000 | 608,000,000 | 492,000,000 | 455,000,000 | 409,000,000 | 369,000,000 | 344,000,000 | 293,000,000 | 297,000,000 | 244,000,000 | 705,000,000 |
marketing and sales | 2,845,000,000 | 2,979,000,000 | 2,757,000,000 | 3,240,000,000 | 2,822,000,000 | 2,721,000,000 | 2,564,000,000 | 3,226,000,000 | 2,877,000,000 | 3,154,000,000 | 3,044,000,000 | 4,574,000,000 | 3,780,000,000 | 3,595,000,000 | 3,312,000,000 | 4,387,000,000 | 3,554,000,000 | 3,259,000,000 | 2,843,000,000 | 3,281,000,000 | 2,683,000,000 | 2,840,000,000 | 2,787,000,000 | 3,026,000,000 | 2,416,000,000 | 2,414,000,000 | 2,020,000,000 | 2,467,000,000 | 1,928,000,000 | 1,855,000,000 | 1,595,000,000 | 1,374,000,000 | 1,170,000,000 | 1,124,000,000 | 1,057,000,000 | 1,121,000,000 | 925,000,000 | 899,000,000 | 826,000,000 | 772,000,000 | 706,000,000 | 626,000,000 | 620,000,000 | 625,000,000 | 374,000,000 | 358,000,000 | 323,000,000 | 293,000,000 | 233,000,000 | 269,000,000 | 203,000,000 | 193,000,000 | 168,000,000 | 392,000,000 |
general and administrative | 3,512,000,000 | 2,663,000,000 | 2,280,000,000 | 762,000,000 | 1,865,000,000 | 3,658,000,000 | 3,455,000,000 | 2,289,000,000 | 2,070,000,000 | 4,164,000,000 | 2,885,000,000 | 3,085,000,000 | 3,384,000,000 | 2,987,000,000 | 2,360,000,000 | 3,305,000,000 | 2,946,000,000 | 1,956,000,000 | 1,622,000,000 | 1,599,000,000 | 1,790,000,000 | 1,593,000,000 | 1,583,000,000 | 1,829,000,000 | 1,348,000,000 | 3,224,000,000 | 4,064,000,000 | 976,000,000 | 943,000,000 | 776,000,000 | 757,000,000 | 686,000,000 | 536,000,000 | 640,000,000 | 655,000,000 | 515,000,000 | 438,000,000 | 412,000,000 | 366,000,000 | 371,000,000 | 345,000,000 | 305,000,000 | 274,000,000 | 330,000,000 | 259,000,000 | 197,000,000 | 187,000,000 | 261,000,000 | 171,000,000 | 173,000,000 | 176,000,000 | 175,000,000 | 151,000,000 | 463,000,000 |
total costs and expenses | 30,707,000,000 | 27,075,000,000 | 24,759,000,000 | 25,021,000,000 | 23,239,000,000 | 24,224,000,000 | 22,637,000,000 | 23,727,000,000 | 20,398,000,000 | 22,607,000,000 | 21,418,000,000 | 25,766,000,000 | 22,050,000,000 | 20,464,000,000 | 19,384,000,000 | 21,086,000,000 | 18,587,000,000 | 16,710,000,000 | 14,793,000,000 | 15,297,000,000 | 13,430,000,000 | 12,724,000,000 | 11,844,000,000 | 12,224,000,000 | 10,467,000,000 | 12,260,000,000 | 11,760,000,000 | 9,094,000,000 | 7,946,000,000 | 7,368,000,000 | 6,517,000,000 | 5,620,000,000 | 5,206,000,000 | 4,920,000,000 | 4,705,000,000 | 4,258,000,000 | 3,889,000,000 | 3,690,000,000 | 3,373,000,000 | 3,281,000,000 | 3,042,000,000 | 2,769,000,000 | 2,610,000,000 | 2,718,000,000 | 1,806,000,000 | 1,520,000,000 | 1,427,000,000 | 1,454,000,000 | 1,280,000,000 | 1,251,000,000 | 1,085,000,000 | 1,062,000,000 | 885,000,000 | 1,927,000,000 |
income from operations | 20,535,000,000 | 20,441,000,000 | 17,555,000,000 | 23,364,000,000 | 17,350,000,000 | 14,847,000,000 | 13,818,000,000 | 16,384,000,000 | 13,748,000,000 | 9,392,000,000 | 7,227,000,000 | 6,399,000,000 | 5,664,000,000 | 8,358,000,000 | 8,524,000,000 | 12,585,000,000 | 10,423,000,000 | 12,367,000,000 | 11,378,000,000 | 12,775,000,000 | 8,040,000,000 | 5,963,000,000 | 5,893,000,000 | 8,858,000,000 | 7,185,000,000 | 4,626,000,000 | 3,317,000,000 | 7,820,000,000 | 5,781,000,000 | 5,863,000,000 | 5,449,000,000 | 7,352,000,000 | 5,122,000,000 | 4,401,000,000 | 3,327,000,000 | 4,551,000,000 | 3,122,000,000 | 2,746,000,000 | 2,009,000,000 | 2,560,000,000 | 1,459,000,000 | 1,273,000,000 | 933,000,000 | 1,133,000,000 | 1,397,000,000 | 1,390,000,000 | 1,075,000,000 | 1,132,000,000 | 736,000,000 | 562,000,000 | 373,000,000 | 523,000,000 | 377,000,000 | -743,000,000 |
yoy | 18.36% | 37.68% | 27.04% | 42.60% | 26.20% | 58.08% | 91.20% | 156.04% | 142.73% | 12.37% | -15.22% | -49.15% | -45.66% | -32.42% | -25.08% | -1.49% | 29.64% | 107.40% | 93.08% | 44.22% | 11.90% | 28.90% | 77.66% | 13.27% | 24.29% | -21.10% | -39.13% | 6.37% | 12.87% | 33.22% | 63.78% | 61.55% | 64.06% | 60.27% | 65.60% | 77.77% | 113.98% | 115.71% | 115.33% | 125.95% | 4.44% | -8.42% | -13.21% | 0.09% | 89.81% | 147.33% | 188.20% | 116.44% | 95.23% | -175.64% | ||||
qoq | 0.46% | 16.44% | -24.86% | 34.66% | 16.86% | 7.45% | -15.66% | 19.17% | 46.38% | 29.96% | 12.94% | 12.98% | -32.23% | -1.95% | -32.27% | 20.74% | -15.72% | 8.69% | -10.94% | 58.89% | 34.83% | 1.19% | -33.47% | 23.28% | 55.32% | 39.46% | -57.58% | 35.27% | -1.40% | 7.60% | -25.88% | 43.54% | 16.38% | 32.28% | -26.90% | 45.77% | 13.69% | 36.68% | -21.52% | 75.46% | 14.61% | 36.44% | -17.65% | -18.90% | 0.50% | 29.30% | -5.04% | 53.80% | 30.96% | 50.67% | -28.68% | 38.73% | -150.74% | |
operating margin % | 40.07% | 43.02% | 41.49% | 48.29% | 42.75% | 38.00% | 37.90% | 40.85% | 40.26% | 29.35% | 25.23% | 19.89% | 20.44% | 29.00% | 30.54% | 37.38% | 35.93% | 42.53% | 43.48% | 45.51% | 37.45% | 31.91% | 33.22% | 42.02% | 40.70% | 27.40% | 22.00% | 46.23% | 42.11% | 44.31% | 45.54% | 56.68% | 49.59% | 47.22% | 41.42% | 51.66% | 44.53% | 42.67% | 37.33% | 43.83% | 32.42% | 31.49% | 26.33% | 29.42% | 43.62% | 47.77% | 42.97% | 43.77% | 36.51% | 31.00% | 25.58% | 33.00% | 29.87% | -62.75% |
interest and other income | 1,128,000,000 | 93,000,000 | 827,000,000 | 188,000,000 | 472,000,000 | 259,000,000 | 365,000,000 | 423,000,000 | 272,000,000 | -99,000,000 | 80,000,000 | -250,000,000 | -88,000,000 | -172,000,000 | 384,000,000 | 118,000,000 | 142,000,000 | 146,000,000 | 125,000,000 | 280,000,000 | 93,000,000 | 168,000,000 | -32,000,000 | 311,000,000 | 144,000,000 | 206,000,000 | 165,000,000 | 151,000,000 | 131,000,000 | 5,000,000 | 161,000,000 | 110,000,000 | 114,000,000 | 87,000,000 | 81,000,000 | -34,000,000 | 47,000,000 | 20,000,000 | 56,000,000 | -3,000,000 | -27,000,000 | -1,000,000 | -19,000,000 | -61,000,000 | -4,000,000 | |||||||||
income before provision for income taxes | 21,663,000,000 | 20,534,000,000 | 18,382,000,000 | 23,552,000,000 | 17,822,000,000 | 15,106,000,000 | 14,183,000,000 | 16,807,000,000 | 14,020,000,000 | 9,293,000,000 | 7,307,000,000 | 6,149,000,000 | 5,576,000,000 | 8,186,000,000 | 8,908,000,000 | 12,703,000,000 | 10,565,000,000 | 12,513,000,000 | 11,503,000,000 | 13,055,000,000 | 8,133,000,000 | 6,131,000,000 | 5,861,000,000 | 9,169,000,000 | 7,329,000,000 | 4,832,000,000 | 3,482,000,000 | 7,971,000,000 | 5,912,000,000 | 5,868,000,000 | 5,610,000,000 | 7,462,000,000 | 5,236,000,000 | 4,488,000,000 | 3,408,000,000 | 4,517,000,000 | 3,169,000,000 | 2,766,000,000 | 2,065,000,000 | 2,557,000,000 | 1,432,000,000 | 1,273,000,000 | 932,000,000 | 1,114,000,000 | 1,336,000,000 | 1,386,000,000 | 1,075,000,000 | 1,130,000,000 | 726,000,000 | 353,000,000 | ||||
provision for income taxes | 18,954,000,000 | 2,197,000,000 | 1,738,000,000 | 2,714,000,000 | 2,134,000,000 | 1,641,000,000 | 1,814,000,000 | 2,790,000,000 | 2,437,000,000 | 1,505,000,000 | 1,598,000,000 | 1,496,000,000 | 1,181,000,000 | 1,499,000,000 | 1,443,000,000 | 2,418,000,000 | 1,371,000,000 | 2,119,000,000 | 2,006,000,000 | 1,836,000,000 | 287,000,000 | 953,000,000 | 959,000,000 | 1,820,000,000 | 1,238,000,000 | 2,216,000,000 | 1,053,000,000 | 1,089,000,000 | 775,000,000 | 762,000,000 | 622,000,000 | 3,193,000,000 | 529,000,000 | 594,000,000 | 344,000,000 | 244,000,000 | 790,000,000 | 711,000,000 | 555,000,000 | 996,000,000 | 536,000,000 | 554,000,000 | 420,000,000 | 413,000,000 | 530,000,000 | 595,000,000 | 433,000,000 | 607,000,000 | 301,000,000 | 134,000,000 | ||||
net income | 2,709,000,000 | 18,337,000,000 | 16,644,000,000 | 20,838,000,000 | 15,688,000,000 | 13,465,000,000 | 12,369,000,000 | 14,017,000,000 | 11,583,000,000 | 7,788,000,000 | 5,709,000,000 | 4,653,000,000 | 4,395,000,000 | 6,687,000,000 | 7,465,000,000 | 10,285,000,000 | 9,194,000,000 | 10,394,000,000 | 9,497,000,000 | 11,219,000,000 | 7,846,000,000 | 5,178,000,000 | 4,902,000,000 | 7,349,000,000 | 6,091,000,000 | 2,616,000,000 | 2,429,000,000 | 6,882,000,000 | 5,137,000,000 | 5,106,000,000 | 4,988,000,000 | 4,269,000,000 | 4,707,000,000 | 3,894,000,000 | 3,064,000,000 | 4,273,000,000 | 2,379,000,000 | 2,055,000,000 | 1,510,000,000 | 1,561,000,000 | 896,000,000 | 719,000,000 | 512,000,000 | 701,000,000 | 806,000,000 | 791,000,000 | 642,000,000 | 523,000,000 | 425,000,000 | 333,000,000 | 219,000,000 | 64,000,000 | -59,000,000 | -157,000,000 |
yoy | -82.73% | 36.18% | 34.56% | 48.66% | 35.44% | 72.89% | 116.66% | 201.25% | 163.55% | 16.46% | -23.52% | -54.76% | -52.20% | -35.66% | -21.40% | -8.33% | 17.18% | 100.73% | 93.74% | 52.66% | 28.81% | 97.94% | 101.81% | 6.79% | 18.57% | -48.77% | -51.30% | 61.21% | 9.14% | 31.12% | 62.79% | -0.09% | 97.86% | 89.49% | 102.91% | 173.73% | 165.51% | 185.81% | 194.92% | 122.68% | 11.17% | -9.10% | -20.25% | 34.03% | 89.65% | 137.54% | 193.15% | 717.19% | -820.34% | -312.10% | ||||
qoq | -85.23% | 10.17% | -20.13% | 32.83% | 16.51% | 8.86% | -11.76% | 21.01% | 48.73% | 36.42% | 22.70% | 5.87% | -34.28% | -10.42% | -27.42% | 11.87% | -11.55% | 9.45% | -15.35% | 42.99% | 51.53% | 5.63% | -33.30% | 20.65% | 132.84% | 7.70% | -64.71% | 33.97% | 0.61% | 2.37% | 16.84% | -9.31% | 20.88% | 27.09% | -28.29% | 79.61% | 15.77% | 36.09% | -3.27% | 74.22% | 24.62% | 40.43% | -26.96% | -13.03% | 1.90% | 23.21% | 22.75% | 23.06% | 27.63% | 52.05% | 242.19% | -208.47% | -62.42% | |
net income margin % | 5.29% | 38.59% | 39.33% | 43.07% | 38.65% | 34.46% | 33.93% | 34.95% | 33.92% | 24.34% | 19.93% | 14.47% | 15.86% | 23.20% | 26.75% | 30.55% | 31.69% | 35.75% | 36.29% | 39.97% | 36.54% | 27.71% | 27.64% | 34.86% | 34.51% | 15.49% | 16.11% | 40.69% | 37.42% | 38.59% | 41.68% | 32.91% | 45.58% | 41.78% | 38.15% | 48.51% | 33.93% | 31.93% | 28.06% | 26.72% | 19.91% | 17.79% | 14.45% | 18.20% | 25.16% | 27.18% | 25.66% | 20.22% | 21.08% | 18.37% | 15.02% | 4.04% | -4.68% | -13.26% |
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.08 | 7.28 | 6.59 | 8.24 | 6.2 | 5.31 | 4.86 | 5.46 | 4.5 | 3.03 | 2.21 | 1.77 | 1.64 | 2.47 | 2.74 | 3.72 | 3.27 | 3.67 | 3.34 | 3.93 | 2.75 | 1.82 | 1.72 | 2.58 | 2.13 | 0.92 | 0.85 | 2.39 | 1.78 | 1.76 | 1.72 | 1.47 | 1.62 | 1.34 | 1.06 | 1.49 | 0.83 | 0.72 | 0.53 | 0.55 | 0.32 | 0.26 | 0.18 | 0.25 | 0.31 | 0.31 | 0.25 | 0.22 | 0.17 | 0.14 | 0.09 | 0.03 | -0.02 | -0.08 |
diluted | 1.05 | 7.14 | 6.43 | 7.98 | 6.03 | 5.16 | 4.71 | 5.31 | 4.39 | 2.98 | 2.2 | 1.77 | 1.64 | 2.46 | 2.72 | 3.66 | 3.22 | 3.61 | 3.3 | 3.87 | 2.71 | 1.8 | 1.71 | 2.56 | 2.12 | 0.91 | 0.85 | 2.37 | 1.76 | 1.74 | 1.69 | 1.44 | 1.59 | 1.32 | 1.04 | 1.44 | 0.82 | 0.71 | 0.52 | 0.54 | 0.31 | 0.25 | 0.18 | 0.24 | 0.3 | 0.3 | 0.25 | 0.21 | 0.17 | 0.13 | 0.09 | 0.02 | -0.02 | -0.08 |
weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 2,517 | 2,518 | 2,527 | 2,534 | 2,529 | 2,534 | 2,545 | 2,574 | 2,576 | 2,568 | 2,587 | 2,687 | 2,682 | 2,704 | 2,725 | 2,815 | 2,814 | 2,834 | 2,847 | 2,851 | 2,850 | 2,850 | 2,851 | 2,854 | 2,854 | 2,855 | 2,856 | 2,890 | 2,885 | 2,895 | 2,906 | 2,901 | 2,904 | 2,900 | 2,891 | 2,863 | 2,871 | 2,856 | 2,843 | 2,803 | 2,808 | 2,796 | 2,784 | 2,614 | 2,587 | 2,560 | 2,545 | 2,420 | 2,430 | 2,407 | 2,386 | 2,006 | 2,420 | 1,879 |
diluted | 2,572 | 2,570 | 2,590 | 2,614 | 2,600 | 2,610 | 2,625 | 2,629 | 2,641 | 2,612 | 2,596 | 2,702 | 2,687 | 2,713 | 2,742 | 2,859 | 2,859 | 2,877 | 2,882 | 2,888 | 2,891 | 2,879 | 2,868 | 2,876 | 2,874 | 2,875 | 2,869 | 2,921 | 2,913 | 2,930 | 2,945 | 2,956 | 2,956 | 2,951 | 2,944 | 2,925 | 2,915 | 2,904 | 2,888 | 2,853 | 2,863 | 2,850 | 2,836 | 2,664 | 2,644 | 2,615 | 2,609 | 2,517 | 2,528 | 2,502 | 2,499 | 2,166 | 2,420 | 1,879 |
share-based compensation expense included in costs and expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total share-based compensation expense | 3,008 | 3,134 | 3,351 | 2,498 | 2,407 | 2,379 | 2,548 | 1,830 | 1,784 | 1,722 | 1,695 | 1,335 | 1,274 | 1,249 | 1,303 | 1,010 | 972 | 1,040 | 1,186 | 955 | 814 | 1,010 | 1,032 | 867 | 847 | 819 | 805 | 747 | 746 | 757 | 763 | 703 | 896 | 353 | 314 | 274 | 273 | 239 | 224 | 170 | 184 | 179 | 1,106 | |||||||||||
less: net income attributable to participating securities | 1,000,000 | 1,000,000 | 3,000,000 | 4,000,000 | 5,000,000 | 11,000,000 | 6,000,000 | 7,000,000 | 5,000,000 | 7,000,000 | 5,000,000 | 4,000,000 | 3,000,000 | 5,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||
net income attributable to class a and class b common stockholders | 7,349,000,000 | 6,091,000,000 | 2,616,000,000 | 2,429,000,000 | 6,882,000,000 | 5,137,000,000 | 5,106,000,000 | 4,987,000,000 | 4,268,000,000 | 4,704,000,000 | 3,890,000,000 | 3,059,000,000 | 4,262,000,000 | 2,373,000,000 | 2,048,000,000 | 1,505,000,000 | 1,554,000,000 | 891,000,000 | 715,000,000 | 509,000,000 | 696,000,000 | 802,000,000 | 788,000,000 | 639,000,000 | 520,000,000 | 422,000,000 | 331,000,000 | 217,000,000 | 43,000,000 | -59,000,000 | -157,000,000 | |||||||||||||||||||||||
interest and other income, net: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -6,000,000 | -21,000,000 | -14,000,000 | -15,000,000 | -16,000,000 | -11,000,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other income | 4,000,000 | 11,000,000 | -3,000,000 | -5,000,000 | -2,000,000 | 6,000,000 | -12,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
income before benefit from income taxes | 545,000,000 | -2,750,000 | 372,000,000 | -765,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | -212,000,000 | 431,000,000 | 608,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 10,187,000,000 | 12,005,000,000 | 28,750,000,000 | 43,889,000,000 | 43,852,000,000 | 32,045,000,000 | 32,307,000,000 | 41,862,000,000 | 36,890,000,000 | 28,785,000,000 | 11,551,000,000 | 14,681,000,000 | 14,308,000,000 | 12,681,000,000 | 14,886,000,000 | 16,601,000,000 | 14,496,000,000 | 16,186,000,000 | 19,513,000,000 | 17,576,000,000 | 11,617,000,000 | 21,045,000,000 | 23,618,000,000 | 19,079,000,000 | 15,979,000,000 | 13,877,000,000 | 11,076,000,000 | 10,019,000,000 | 9,637,000,000 | 11,552,000,000 | 12,082,000,000 | 8,079,000,000 | 7,201,000,000 | 6,252,000,000 | 7,104,000,000 | 8,903,000,000 | 6,038,000,000 | 5,108,000,000 | 6,456,000,000 | 4,907,000,000 | 4,308,000,000 | 5,123,000,000 | 3,419,000,000 | 4,315,000,000 | 8,999,000,000 | 4,384,000,000 | 2,998,000,000 | 3,323,000,000 | 3,100,000,000 | 3,001,000,000 | 2,325,000,000 | 2,384,000,000 | 2,478,000,000 | 2,098,000,000 |
marketable securities | 34,261,000,000 | 35,066,000,000 | 41,480,000,000 | 33,926,000,000 | 27,048,000,000 | 26,035,000,000 | 25,813,000,000 | 23,541,000,000 | 24,233,000,000 | 24,661,000,000 | 25,888,000,000 | 26,057,000,000 | 27,468,000,000 | 27,808,000,000 | 29,004,000,000 | 31,397,000,000 | 43,579,000,000 | 47,894,000,000 | 44,706,000,000 | 44,378,000,000 | 44,003,000,000 | 37,195,000,000 | 36,671,000,000 | 35,776,000,000 | 36,290,000,000 | 34,719,000,000 | 34,167,000,000 | 31,095,000,000 | 31,569,000,000 | 30,757,000,000 | 31,874,000,000 | 33,632,000,000 | 31,088,000,000 | 29,200,000,000 | 25,202,000,000 | 20,546,000,000 | 20,102,000,000 | 18,185,000,000 | 14,165,000,000 | 13,527,000,000 | 11,526,000,000 | 9,002,000,000 | 8,994,000,000 | 6,884,000,000 | 5,251,000,000 | 9,572,000,000 | 9,631,000,000 | 8,126,000,000 | 6,228,000,000 | 7,251,000,000 | 7,147,000,000 | 7,242,000,000 | 7,974,000,000 | 8,090,000,000 |
accounts receivable | 17,297,000,000 | 16,561,000,000 | 14,514,000,000 | 16,994,000,000 | 14,700,000,000 | 14,505,000,000 | 13,430,000,000 | 16,169,000,000 | 12,944,000,000 | 12,511,000,000 | 11,044,000,000 | 13,466,000,000 | 11,227,000,000 | 11,525,000,000 | 11,390,000,000 | 14,039,000,000 | 12,088,000,000 | 11,698,000,000 | 10,276,000,000 | 11,335,000,000 | 8,024,000,000 | 7,483,000,000 | 7,289,000,000 | 9,518,000,000 | 7,673,000,000 | 7,513,000,000 | 6,475,000,000 | 7,587,000,000 | 6,058,000,000 | 5,590,000,000 | 5,115,000,000 | 5,832,000,000 | 4,424,000,000 | 3,897,000,000 | 3,415,000,000 | 3,993,000,000 | 3,070,000,000 | 2,801,000,000 | 2,348,000,000 | 2,559,000,000 | 2,010,000,000 | 1,815,000,000 | 1,508,000,000 | 1,678,000,000 | 1,363,000,000 | 1,190,000,000 | 1,006,000,000 | 1,109,000,000 | 872,000,000 | 775,000,000 | 659,000,000 | 719,000,000 | 635,000,000 | 578,000,000 |
prepaid expenses and other current assets | 11,373,000,000 | 9,981,000,000 | 5,483,000,000 | 5,236,000,000 | 5,467,000,000 | 3,846,000,000 | 3,780,000,000 | 3,793,000,000 | 4,311,000,000 | 3,603,000,000 | 4,000,000,000 | 5,345,000,000 | 5,312,000,000 | 3,973,000,000 | 3,985,000,000 | 4,629,000,000 | 5,258,000,000 | 4,919,000,000 | 2,827,000,000 | 2,381,000,000 | 2,155,000,000 | 2,407,000,000 | 1,771,000,000 | 1,852,000,000 | 2,137,000,000 | 1,852,000,000 | 1,582,000,000 | 1,779,000,000 | 1,883,000,000 | 1,934,000,000 | 1,341,000,000 | 1,020,000,000 | 1,490,000,000 | 1,455,000,000 | 1,209,000,000 | 959,000,000 | 1,118,000,000 | 916,000,000 | 843,000,000 | 659,000,000 | 1,295,000,000 | 1,011,000,000 | 1,083,000,000 | 793,000,000 | 502,000,000 | 411,000,000 | 425,000,000 | 461,000,000 | 342,000,000 | 387,000,000 | 485,000,000 | 471,000,000 | 631,000,000 | 634,000,000 |
total current assets | 73,118,000,000 | 73,613,000,000 | 90,227,000,000 | 100,045,000,000 | 91,067,000,000 | 76,431,000,000 | 75,330,000,000 | 85,365,000,000 | 78,378,000,000 | 69,560,000,000 | 52,483,000,000 | 59,549,000,000 | 58,315,000,000 | 55,987,000,000 | 59,265,000,000 | 66,666,000,000 | 75,421,000,000 | 80,697,000,000 | 77,322,000,000 | 75,670,000,000 | 65,799,000,000 | 68,130,000,000 | 69,349,000,000 | 66,225,000,000 | 62,079,000,000 | 57,961,000,000 | 53,300,000,000 | 50,480,000,000 | 49,147,000,000 | 49,833,000,000 | 50,412,000,000 | 48,563,000,000 | 44,203,000,000 | 40,804,000,000 | 36,930,000,000 | 34,401,000,000 | 30,328,000,000 | 27,010,000,000 | 23,812,000,000 | 21,652,000,000 | 19,139,000,000 | 16,951,000,000 | 15,004,000,000 | 13,670,000,000 | 16,115,000,000 | 15,557,000,000 | 14,060,000,000 | 13,070,000,000 | 10,549,000,000 | 11,421,000,000 | 11,042,000,000 | 11,267,000,000 | 12,285,000,000 | 11,967,000,000 |
non-marketable equity investments | 25,074,000,000 | 21,988,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment | 160,270,000,000 | 147,039,000,000 | 133,567,000,000 | 121,346,000,000 | 112,162,000,000 | 102,959,000,000 | 98,908,000,000 | 96,587,000,000 | 91,772,000,000 | 87,949,000,000 | 84,156,000,000 | 79,518,000,000 | 73,738,000,000 | 67,588,000,000 | 61,582,000,000 | 57,809,000,000 | 53,726,000,000 | 50,909,000,000 | 47,720,000,000 | 45,633,000,000 | 42,291,000,000 | 39,006,000,000 | 37,127,000,000 | 35,323,000,000 | 32,284,000,000 | 29,999,000,000 | 27,345,000,000 | 24,683,000,000 | 21,112,000,000 | 18,357,000,000 | 16,211,000,000 | 13,721,000,000 | 12,158,000,000 | 10,628,000,000 | 9,462,000,000 | 8,591,000,000 | 7,899,000,000 | 7,104,000,000 | 6,467,000,000 | 5,687,000,000 | 5,335,000,000 | 4,955,000,000 | 4,619,000,000 | 3,967,000,000 | 3,703,000,000 | 3,334,000,000 | 3,074,000,000 | 2,882,000,000 | 2,685,000,000 | 2,577,000,000 | 2,533,000,000 | 2,391,000,000 | 2,289,000,000 | 2,105,000,000 |
operating lease right-of-use assets | 17,372,000,000 | 15,662,000,000 | 15,505,000,000 | 14,922,000,000 | 14,812,000,000 | 14,058,000,000 | 13,555,000,000 | 13,294,000,000 | 13,033,000,000 | 12,955,000,000 | 12,899,000,000 | 12,673,000,000 | 13,641,000,000 | 14,130,000,000 | 12,241,000,000 | 12,155,000,000 | 11,063,000,000 | 10,525,000,000 | 10,202,000,000 | 9,348,000,000 | 9,439,000,000 | 9,429,000,000 | 9,359,000,000 | 9,460,000,000 | 8,403,000,000 | 7,272,000,000 | 6,747,000,000 | |||||||||||||||||||||||||||
goodwill | 21,158,000,000 | 20,654,000,000 | 20,654,000,000 | 20,654,000,000 | 20,654,000,000 | 20,654,000,000 | 20,654,000,000 | 20,654,000,000 | 20,668,000,000 | 20,659,000,000 | 20,649,000,000 | 20,306,000,000 | 20,268,000,000 | 20,229,000,000 | 19,923,000,000 | 19,197,000,000 | 19,065,000,000 | 19,219,000,000 | 19,056,000,000 | 19,050,000,000 | 19,031,000,000 | 19,029,000,000 | 18,811,000,000 | 18,715,000,000 | 18,338,000,000 | 18,334,000,000 | 18,333,000,000 | 18,301,000,000 | 18,304,000,000 | 18,263,000,000 | 18,268,000,000 | 18,221,000,000 | 18,213,000,000 | 18,129,000,000 | 18,126,000,000 | 18,122,000,000 | 18,085,000,000 | 18,043,000,000 | 18,029,000,000 | 18,026,000,000 | 18,024,000,000 | 18,025,000,000 | 18,005,000,000 | 17,981,000,000 | 2,612,000,000 | |||||||||
other assets | 6,852,000,000 | 15,788,000,000 | 14,092,000,000 | 13,017,000,000 | 11,642,000,000 | 9,929,000,000 | 8,179,000,000 | 6,794,000,000 | 5,468,000,000 | 8,501,000,000 | 7,188,000,000 | 6,583,000,000 | 5,529,000,000 | 4,344,000,000 | 3,522,000,000 | 2,751,000,000 | 3,187,000,000 | 2,352,000,000 | 2,376,000,000 | 2,758,000,000 | 2,969,000,000 | 3,238,000,000 | 2,887,000,000 | 2,759,000,000 | 2,461,000,000 | 2,446,000,000 | 2,602,000,000 | 2,576,000,000 | 2,438,000,000 | 2,265,000,000 | 2,319,000,000 | 2,135,000,000 | 2,374,000,000 | 2,096,000,000 | 1,836,000,000 | 1,312,000,000 | 660,000,000 | 703,000,000 | 700,000,000 | 796,000,000 | 534,000,000 | 594,000,000 | 605,000,000 | 637,000,000 | 441,000,000 | 206,000,000 | 212,000,000 | 221,000,000 | 90,000,000 | 95,000,000 | 87,000,000 | 57,000,000 | 41,000,000 | 47,000,000 |
total assets | 303,844,000,000 | 294,744,000,000 | 280,213,000,000 | 276,054,000,000 | 256,408,000,000 | 230,238,000,000 | 222,844,000,000 | 229,623,000,000 | 216,274,000,000 | 206,688,000,000 | 184,491,000,000 | 185,727,000,000 | 178,894,000,000 | 169,779,000,000 | 164,218,000,000 | 165,987,000,000 | 169,585,000,000 | 170,609,000,000 | 163,523,000,000 | 159,316,000,000 | 146,437,000,000 | 139,691,000,000 | 138,371,000,000 | 133,376,000,000 | 124,418,000,000 | 117,006,000,000 | 109,477,000,000 | 97,334,000,000 | 92,452,000,000 | 90,291,000,000 | 88,945,000,000 | 84,524,000,000 | 78,998,000,000 | 73,843,000,000 | 68,714,000,000 | 64,961,000,000 | 59,674,000,000 | 55,739,000,000 | 52,075,000,000 | 49,407,000,000 | 46,469,000,000 | 44,130,000,000 | 42,007,000,000 | 40,184,000,000 | 24,188,000,000 | 20,769,000,000 | 19,028,000,000 | 17,895,000,000 | 14,933,000,000 | 15,724,000,000 | 15,163,000,000 | 15,103,000,000 | 16,038,000,000 | 14,928,000,000 |
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 7,798,000,000 | 10,271,000,000 | 8,512,000,000 | 7,687,000,000 | 7,656,000,000 | 3,173,000,000 | 3,785,000,000 | 4,849,000,000 | 4,372,000,000 | 3,093,000,000 | 3,672,000,000 | 4,990,000,000 | 3,871,000,000 | 4,008,000,000 | 3,246,000,000 | 4,083,000,000 | 2,195,000,000 | 973,000,000 | 878,000,000 | 1,331,000,000 | 1,106,000,000 | 920,000,000 | 829,000,000 | 1,363,000,000 | 860,000,000 | 655,000,000 | 604,000,000 | 820,000,000 | 590,000,000 | 419,000,000 | 593,000,000 | 380,000,000 | 383,000,000 | 323,000,000 | 170,000,000 | 302,000,000 | 260,000,000 | 130,000,000 | 149,000,000 | 196,000,000 | 149,000,000 | 139,000,000 | 129,000,000 | 176,000,000 | 120,000,000 | 146,000,000 | 85,000,000 | 87,000,000 | 36,000,000 | 55,000,000 | 75,000,000 | 65,000,000 | 59,000,000 | 43,000,000 |
operating lease liabilities, current | 2,113,000,000 | 1,977,000,000 | 1,976,000,000 | 1,942,000,000 | 2,016,000,000 | 1,917,000,000 | 1,676,000,000 | 1,623,000,000 | 1,460,000,000 | 1,396,000,000 | 1,479,000,000 | 1,367,000,000 | 1,291,000,000 | 1,275,000,000 | 1,159,000,000 | 1,127,000,000 | 1,086,000,000 | 1,051,000,000 | 1,040,000,000 | 1,023,000,000 | 975,000,000 | 899,000,000 | 835,000,000 | 800,000,000 | 776,000,000 | 688,000,000 | 645,000,000 | |||||||||||||||||||||||||||
accrued expenses and other current liabilities | 27,047,000,000 | 25,057,000,000 | 23,402,000,000 | 23,967,000,000 | 23,658,000,000 | 21,914,000,000 | 22,640,000,000 | 24,625,000,000 | 23,929,000,000 | 24,660,000,000 | 19,345,000,000 | 19,552,000,000 | 16,036,000,000 | 15,420,000,000 | 15,226,000,000 | 14,312,000,000 | 13,158,000,000 | 11,510,000,000 | 9,411,000,000 | 11,152,000,000 | 8,684,000,000 | 8,496,000,000 | 12,446,000,000 | 11,735,000,000 | 10,877,000,000 | 10,878,000,000 | 7,980,000,000 | 5,509,000,000 | 4,255,000,000 | 3,720,000,000 | 4,003,000,000 | 2,892,000,000 | 2,503,000,000 | 2,626,000,000 | 2,400,000,000 | 2,203,000,000 | 2,018,000,000 | 1,770,000,000 | 1,389,000,000 | 1,449,000,000 | 1,338,000,000 | 1,472,000,000 | 1,300,000,000 | 866,000,000 | 709,000,000 | 666,000,000 | 525,000,000 | 555,000,000 | 453,000,000 | 505,000,000 | 430,000,000 | 423,000,000 | 409,000,000 | 441,000,000 |
total current liabilities | 36,958,000,000 | 37,305,000,000 | 33,890,000,000 | 33,596,000,000 | 33,330,000,000 | 27,004,000,000 | 28,101,000,000 | 31,960,000,000 | 30,531,000,000 | 29,921,000,000 | 25,381,000,000 | 27,026,000,000 | 22,687,000,000 | 22,217,000,000 | 21,086,000,000 | 21,135,000,000 | 17,812,000,000 | 14,874,000,000 | 12,717,000,000 | 14,981,000,000 | 11,944,000,000 | 11,308,000,000 | 15,069,000,000 | 15,053,000,000 | 13,328,000,000 | 12,979,000,000 | 9,908,000,000 | 7,017,000,000 | 5,462,000,000 | 4,670,000,000 | 5,086,000,000 | 3,760,000,000 | 3,305,000,000 | 3,315,000,000 | 2,928,000,000 | 2,875,000,000 | 2,595,000,000 | 2,211,000,000 | 1,809,000,000 | 1,925,000,000 | 1,792,000,000 | 1,881,000,000 | 1,746,000,000 | 1,424,000,000 | 1,234,000,000 | 1,214,000,000 | 1,037,000,000 | 1,100,000,000 | 984,000,000 | 1,080,000,000 | 1,063,000,000 | 1,052,000,000 | 1,080,000,000 | 1,034,000,000 |
operating lease liabilities, non-current | 20,113,000,000 | 18,751,000,000 | 18,714,000,000 | 18,292,000,000 | 18,208,000,000 | 17,685,000,000 | 17,570,000,000 | 17,226,000,000 | 16,374,000,000 | 16,440,000,000 | 16,171,000,000 | 15,301,000,000 | 14,687,000,000 | 14,792,000,000 | 12,894,000,000 | 12,746,000,000 | 11,554,000,000 | 10,956,000,000 | 10,574,000,000 | 9,631,000,000 | 9,641,000,000 | 9,633,000,000 | 9,509,000,000 | 9,524,000,000 | 8,356,000,000 | 7,122,000,000 | 6,565,000,000 | |||||||||||||||||||||||||||
long-term debt | 28,834,000,000 | 28,832,000,000 | 28,829,000,000 | 28,826,000,000 | 28,823,000,000 | 18,389,000,000 | 18,387,000,000 | 18,385,000,000 | 18,383,000,000 | 18,382,000,000 | 9,925,000,000 | 9,923,000,000 | 9,922,000,000 | 1,500,000,000 | 1,500,000,000 | 1,500,000,000 | ||||||||||||||||||||||||||||||||||||||
long-term income taxes | 11,738,000,000 | 12,046,000,000 | 10,991,000,000 | 9,987,000,000 | 9,171,000,000 | 7,897,000,000 | 7,795,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 12,135,000,000 | 2,740,000,000 | 2,760,000,000 | 2,716,000,000 | 2,347,000,000 | 2,500,000,000 | 1,462,000,000 | 8,884,000,000 | 8,113,000,000 | 7,912,000,000 | 8,219,000,000 | 7,764,000,000 | 7,504,000,000 | 7,003,000,000 | 7,010,000,000 | 7,227,000,000 | 6,859,000,000 | 6,552,000,000 | 6,575,000,000 | 6,414,000,000 | 7,121,000,000 | 8,303,000,000 | 8,489,000,000 | 7,745,000,000 | 8,735,000,000 | 8,143,000,000 | 6,488,000,000 | 6,190,000,000 | 6,648,000,000 | 6,239,000,000 | 6,239,000,000 | 6,417,000,000 | 4,485,000,000 | 4,047,000,000 | 3,598,000,000 | 2,892,000,000 | 2,964,000,000 | 3,145,000,000 | 3,116,000,000 | 3,157,000,000 | 3,148,000,000 | 2,687,000,000 | 2,647,000,000 | 2,545,000,000 | 1,587,000,000 | 1,056,000,000 | 1,063,000,000 | 1,088,000,000 | 614,000,000 | 444,000,000 | 356,000,000 | 305,000,000 | 254,000,000 | 191,000,000 |
total liabilities | 109,778,000,000 | 99,674,000,000 | 95,184,000,000 | 93,417,000,000 | 91,879,000,000 | 73,475,000,000 | 73,315,000,000 | 76,455,000,000 | 73,401,000,000 | 72,655,000,000 | 59,696,000,000 | 60,014,000,000 | 54,800,000,000 | 44,012,000,000 | 40,990,000,000 | 41,108,000,000 | 36,225,000,000 | 32,382,000,000 | 29,866,000,000 | 31,026,000,000 | 28,706,000,000 | 29,244,000,000 | 33,067,000,000 | 32,322,000,000 | 30,419,000,000 | 28,244,000,000 | 22,961,000,000 | 13,207,000,000 | 12,110,000,000 | 10,909,000,000 | 11,325,000,000 | 10,177,000,000 | 7,790,000,000 | 7,362,000,000 | 6,526,000,000 | 5,767,000,000 | 5,559,000,000 | 5,356,000,000 | 4,925,000,000 | 5,189,000,000 | 5,049,000,000 | 4,678,000,000 | 4,506,000,000 | 4,088,000,000 | 2,950,000,000 | 2,423,000,000 | 2,291,000,000 | 2,425,000,000 | 1,885,000,000 | 3,375,000,000 | 3,339,000,000 | 3,348,000,000 | 1,864,000,000 | 1,619,000,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 92,330,000,000 | 88,496,000,000 | 85,568,000,000 | 83,228,000,000 | 80,749,000,000 | 78,270,000,000 | 75,391,000,000 | 73,253,000,000 | 71,224,000,000 | 69,159,000,000 | 66,535,000,000 | 64,444,000,000 | 62,092,000,000 | 59,929,000,000 | 57,512,000,000 | 55,811,000,000 | 54,334,000,000 | 52,845,000,000 | 51,160,000,000 | 50,018,000,000 | 48,910,000,000 | 47,805,000,000 | 46,688,000,000 | 45,851,000,000 | 45,059,000,000 | 44,277,000,000 | 43,533,000,000 | 42,906,000,000 | 42,352,000,000 | 41,832,000,000 | 41,134,000,000 | 40,584,000,000 | 40,199,000,000 | 39,291,000,000 | 38,639,000,000 | 38,227,000,000 | 38,756,000,000 | 37,405,000,000 | 36,129,000,000 | 34,886,000,000 | 33,574,000,000 | 32,479,000,000 | 31,337,000,000 | 30,225,000,000 | 15,949,000,000 | 13,759,000,000 | 12,921,000,000 | 12,297,000,000 | 10,399,000,000 | 10,167,000,000 | 9,961,000,000 | 10,094,000,000 | 12,585,000,000 | 11,684,000,000 |
accumulated other comprehensive income | 159,000,000 | 229,000,000 | -693,000,000 | -207,000,000 | 285,000,000 | 154,000,000 | 927,000,000 | 308,000,000 | -228,000,000 | -109,000,000 | -5,000,000 | 15,000,000 | 14,000,000 | 13,000,000 | -29,000,000 | -15,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||
retained earnings | 101,577,000,000 | 106,345,000,000 | 101,326,000,000 | 102,506,000,000 | 84,972,000,000 | 81,188,000,000 | 76,793,000,000 | 82,070,000,000 | 75,205,000,000 | 67,980,000,000 | 61,241,000,000 | 64,799,000,000 | 67,056,000,000 | 69,249,000,000 | 67,712,000,000 | 69,761,000,000 | 79,233,000,000 | 85,097,000,000 | 82,343,000,000 | 77,345,000,000 | 68,513,000,000 | 62,784,000,000 | 59,160,000,000 | 55,692,000,000 | 49,789,000,000 | 44,968,000,000 | 43,764,000,000 | 41,981,000,000 | 38,767,000,000 | 38,237,000,000 | 36,780,000,000 | 33,990,000,000 | 31,209,000,000 | 27,560,000,000 | 24,175,000,000 | 21,670,000,000 | 15,731,000,000 | 13,352,000,000 | 11,297,000,000 | 9,787,000,000 | 8,226,000,000 | 7,330,000,000 | 6,611,000,000 | 6,099,000,000 | 5,398,000,000 | 4,592,000,000 | 3,801,000,000 | 3,159,000,000 | 2,636,000,000 | 2,211,000,000 | 1,878,000,000 | 1,659,000,000 | 1,595,000,000 | 1,654,000,000 |
total stockholders' equity | 194,066,000,000 | 195,070,000,000 | 185,029,000,000 | 182,637,000,000 | 164,529,000,000 | 156,763,000,000 | 149,529,000,000 | 153,168,000,000 | 142,873,000,000 | 134,033,000,000 | 124,795,000,000 | 125,713,000,000 | 124,094,000,000 | 125,767,000,000 | 123,228,000,000 | 124,879,000,000 | 133,360,000,000 | 138,227,000,000 | 133,657,000,000 | 128,290,000,000 | 117,731,000,000 | 110,447,000,000 | 105,304,000,000 | 101,054,000,000 | 93,999,000,000 | 88,762,000,000 | 86,516,000,000 | 84,127,000,000 | 80,342,000,000 | 79,382,000,000 | 77,620,000,000 | 74,347,000,000 | 71,208,000,000 | 66,481,000,000 | 62,188,000,000 | 59,194,000,000 | 54,115,000,000 | 50,383,000,000 | 47,150,000,000 | 44,218,000,000 | 41,420,000,000 | 39,452,000,000 | 37,501,000,000 | 36,096,000,000 | 21,238,000,000 | 18,346,000,000 | 16,737,000,000 | 15,470,000,000 | 13,048,000,000 | 12,349,000,000 | 11,824,000,000 | 11,755,000,000 | ||
total liabilities and stockholders' equity | 303,844,000,000 | 294,744,000,000 | 280,213,000,000 | 276,054,000,000 | 256,408,000,000 | 230,238,000,000 | 222,844,000,000 | 229,623,000,000 | 216,274,000,000 | 206,688,000,000 | 184,491,000,000 | 185,727,000,000 | 178,894,000,000 | 169,779,000,000 | 164,218,000,000 | 165,987,000,000 | 169,585,000,000 | 170,609,000,000 | 163,523,000,000 | 159,316,000,000 | 146,437,000,000 | 139,691,000,000 | 138,371,000,000 | 133,376,000,000 | 124,418,000,000 | 117,006,000,000 | 109,477,000,000 | 97,334,000,000 | 92,452,000,000 | 90,291,000,000 | 88,945,000,000 | 84,524,000,000 | 78,998,000,000 | 73,843,000,000 | 68,714,000,000 | 64,961,000,000 | 59,674,000,000 | 55,739,000,000 | 52,075,000,000 | 49,407,000,000 | 46,469,000,000 | 44,130,000,000 | 42,007,000,000 | 40,184,000,000 | 24,188,000,000 | 20,769,000,000 | 19,028,000,000 | 17,895,000,000 | 14,933,000,000 | 15,724,000,000 | 15,163,000,000 | 15,103,000,000 | ||
non-marketable equity securities | 6,168,000,000 | 6,070,000,000 | 6,071,000,000 | 6,207,000,000 | 6,218,000,000 | 6,141,000,000 | 6,142,000,000 | 6,208,000,000 | 6,167,000,000 | 6,201,000,000 | 6,528,000,000 | 6,536,000,000 | ||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -1,865,000,000 | -3,097,000,000 | -1,192,000,000 | -2,695,000,000 | -2,655,000,000 | -2,155,000,000 | -3,556,000,000 | -3,106,000,000 | -2,981,000,000 | -3,530,000,000 | -5,054,000,000 | -3,411,000,000 | -1,996,000,000 | -142,000,000 | -544,000,000 | -489,000,000 | -849,000,000 | -483,000,000 | -781,000,000 | -760,000,000 | -777,000,000 | -687,000,000 | -294,000,000 | -227,000,000 | -200,000,000 | -370,000,000 | -626,000,000 | -703,000,000 | -372,000,000 | -374,000,000 | -276,000,000 | -455,000,000 | -380,000,000 | -357,000,000 | -447,000,000 | -6,000,000 | -29,000,000 | |||||||||||||||||
intangible assets | 788,000,000 | 813,000,000 | 856,000,000 | 949,000,000 | 897,000,000 | 875,000,000 | 965,000,000 | 910,000,000 | 634,000,000 | 365,000,000 | 514,000,000 | 505,000,000 | 623,000,000 | 744,000,000 | 859,000,000 | 838,000,000 | 894,000,000 | 853,000,000 | 994,000,000 | 1,150,000,000 | 1,294,000,000 | 1,451,000,000 | 1,573,000,000 | 1,735,000,000 | 1,884,000,000 | 2,050,000,000 | 2,186,000,000 | 2,360,000,000 | 2,535,000,000 | 2,702,000,000 | 2,879,000,000 | 3,067,000,000 | 3,246,000,000 | 3,437,000,000 | 3,605,000,000 | 3,774,000,000 | 3,929,000,000 | 1,317,000,000 | ||||||||||||||||
partners payable | 863,000,000 | 770,000,000 | 772,000,000 | 885,000,000 | 1,117,000,000 | 975,000,000 | 982,000,000 | 935,000,000 | 1,052,000,000 | 909,000,000 | 949,000,000 | 1,006,000,000 | 1,093,000,000 | 800,000,000 | 729,000,000 | 712,000,000 | 886,000,000 | 590,000,000 | 560,000,000 | 537,000,000 | 541,000,000 | 502,000,000 | 440,000,000 | 396,000,000 | 390,000,000 | 314,000,000 | 278,000,000 | 278,000,000 | 280,000,000 | 239,000,000 | 232,000,000 | 216,000,000 | 217,000,000 | 241,000,000 | 182,000,000 | 189,000,000 | 202,000,000 | 208,000,000 | ||||||||||||||||
deferred revenue and deposits | 514,000,000 | 532,000,000 | 520,000,000 | 561,000,000 | 464,000,000 | 391,000,000 | 382,000,000 | 382,000,000 | 379,000,000 | 264,000,000 | 247,000,000 | 269,000,000 | 225,000,000 | 198,000,000 | 142,000,000 | 147,000,000 | 115,000,000 | 91,000,000 | 94,000,000 | 98,000,000 | 105,000,000 | 88,000,000 | 80,000,000 | 90,000,000 | 78,000,000 | 79,000,000 | 55,000,000 | 56,000,000 | 47,000,000 | 49,000,000 | 55,000,000 | 66,000,000 | 48,000,000 | 53,000,000 | 38,000,000 | 38,000,000 | 36,000,000 | 32,000,000 | 30,000,000 | 30,000,000 | 85,000,000 | 85,000,000 | ||||||||||||
equity investments | 6,775,000,000 | 6,775,000,000 | 6,758,000,000 | 6,393,000,000 | 6,342,000,000 | 6,234,000,000 | 6,164,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
current portion of capital lease obligations | 7,000,000 | 17,000,000 | 39,000,000 | 73,000,000 | 114,000,000 | 149,000,000 | 173,000,000 | 201,000,000 | 239,000,000 | 288,000,000 | 316,000,000 | 338,000,000 | 365,000,000 | 372,000,000 | 312,000,000 | |||||||||||||||||||||||||||||||||||||||
capital lease obligations, less current portion | 107,000,000 | 109,000,000 | 110,000,000 | 113,000,000 | 119,000,000 | 129,000,000 | 153,000,000 | 191,000,000 | 237,000,000 | 287,000,000 | 351,000,000 | 420,000,000 | 491,000,000 | 530,000,000 | 394,000,000 | |||||||||||||||||||||||||||||||||||||||
goodwill and intangible assets | 1,672,000,000 | 1,682,000,000 | 1,722,000,000 | 1,609,000,000 | 1,631,000,000 | 1,501,000,000 | 1,388,000,000 | 1,423,000,000 | 809,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
developer partners payable | 176,000,000 | 188,000,000 | 181,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income tax refundable | 51,000,000 | 7,000,000 | 7,000,000 | 426,000,000 | 451,000,000 | 567,000,000 | 567,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
platform partners payable | 171,000,000 | 172,000,000 | 190,000,000 | 169,000,000 | 155,000,000 | 153,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, 0.000006 par value, issuable in series; no shares and 569 million shares authorized as of december 31, 2012 and 2011, respectively, no shares and 543 million shares issued and outstanding as of december 31, 2012 and 2011, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, 0.000006 par value, issuable in series; no shares and 569 million shares authorized as of september 30, 2012 and december 31, 2011, respectively, no shares and 543 million shares issued and outstanding as of september 30, 2012 and december 31, 2011, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 14,174,000,000 | 13,309,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 16,038,000,000 | 14,928,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, 0.000006 par value, issuable in series; no shares and 569 million shares authorized as of june 30, 2012 and december 31, 2011, respectively, no shares and 543 million shares issued and outstanding as of june 30, 2012 and december 31, 2011, respectively |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 2,709,000,000 | 18,337,000,000 | 16,644,000,000 | 20,838,000,000 | 15,688,000,000 | 13,465,000,000 | 12,369,000,000 | 14,017,000,000 | 11,583,000,000 | 7,789,000,000 | 5,709,000,000 | 4,653,000,000 | 4,395,000,000 | 6,687,000,000 | 7,465,000,000 | 10,285,000,000 | 9,193,000,000 | 10,395,000,000 | 9,497,000,000 | 11,219,000,000 | 7,846,000,000 | 5,179,000,000 | 4,902,000,000 | 7,349,000,000 | 6,091,000,000 | 2,616,000,000 | 2,429,000,000 | 6,882,000,000 | 5,137,000,000 | 5,105,000,000 | 4,988,000,000 | 4,269,000,000 | 4,706,000,000 | 3,895,000,000 | 3,064,000,000 | 4,273,000,000 | 2,379,000,000 | 2,055,000,000 | 1,510,000,000 | 1,561,000,000 | 896,000,000 | 719,000,000 | 512,000,000 | 701,000,000 | 806,000,000 | 791,000,000 | 642,000,000 | 523,000,000 | 425,000,000 | 333,000,000 | 219,000,000 | 64,000,000 | -59,000,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 4,963,000,000 | 4,342,000,000 | 3,900,000,000 | 4,460,000,000 | 4,027,000,000 | 3,637,000,000 | 3,374,000,000 | 3,172,000,000 | 2,859,000,000 | 2,623,000,000 | 2,524,000,000 | 2,376,000,000 | 2,175,000,000 | 1,979,000,000 | 2,156,000,000 | 2,014,000,000 | 1,995,000,000 | 1,986,000,000 | 1,972,000,000 | 1,863,000,000 | 1,698,000,000 | 1,704,000,000 | 1,597,000,000 | 1,468,000,000 | 1,416,000,000 | 1,502,000,000 | 1,355,000,000 | 1,225,000,000 | 1,107,000,000 | 1,034,000,000 | 949,000,000 | 853,000,000 | 772,000,000 | 729,000,000 | 671,000,000 | 614,000,000 | 591,000,000 | 585,000,000 | 552,000,000 | 543,000,000 | 486,000,000 | 459,000,000 | 457,000,000 | 433,000,000 | 289,000,000 | 257,000,000 | 264,000,000 | 274,000,000 | 274,000,000 | 222,000,000 | 241,000,000 | 224,000,000 | 176,000,000 |
share-based compensation | 5,556,000,000 | 4,834,000,000 | 4,147,000,000 | 4,262,000,000 | 4,250,000,000 | 4,616,000,000 | 3,562,000,000 | 3,424,000,000 | 3,492,000,000 | 4,060,000,000 | 3,051,000,000 | 3,008,000,000 | 3,134,000,000 | 3,352,000,000 | 2,498,000,000 | 2,407,000,000 | 2,378,000,000 | 2,549,000,000 | 1,830,000,000 | 1,784,000,000 | 1,722,000,000 | 1,695,000,000 | 1,335,000,000 | 1,274,000,000 | 1,249,000,000 | 1,303,000,000 | 1,010,000,000 | 972,000,000 | 1,039,000,000 | 1,186,000,000 | 955,000,000 | 814,000,000 | 1,010,000,000 | 1,032,000,000 | 867,000,000 | 847,000,000 | 819,000,000 | 805,000,000 | 747,000,000 | 746,000,000 | 757,000,000 | 763,000,000 | 694,000,000 | 845,000,000 | 353,000,000 | 314,000,000 | 274,000,000 | 273,000,000 | 239,000,000 | 224,000,000 | 170,000,000 | 184,000,000 | 179,000,000 |
deferred income taxes | 19,867,000,000 | -1,170,000,000 | -993,000,000 | -1,332,000,000 | -1,308,000,000 | -1,642,000,000 | -456,000,000 | -1,161,000,000 | 3,049,000,000 | -1,137,000,000 | -620,000,000 | -1,173,000,000 | -1,097,000,000 | -453,000,000 | -563,000,000 | 748,000,000 | -786,000,000 | 229,000,000 | 418,000,000 | -376,000,000 | -1,506,000,000 | 213,000,000 | 477,000,000 | -395,000,000 | 174,000,000 | 1,000,000 | 183,000,000 | 203,000,000 | 29,000,000 | 101,000,000 | -47,000,000 | -225,000,000 | -94,000,000 | 26,000,000 | -84,000,000 | -334,000,000 | 19,000,000 | -77,000,000 | -65,000,000 | -123,000,000 | -383,000,000 | -66,000,000 | -223,000,000 | -180,000,000 | 4,000,000 | -33,000,000 | -1,000,000 | -58,000,000 | 2,000,000 | 26,000,000 | -7,000,000 | 248,000,000 | -60,000,000 |
unrealized gain on marketable equity securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other | -23,000,000 | -199,000,000 | -231,000,000 | 169,000,000 | -11,000,000 | -5,000,000 | -66,000,000 | 357,000,000 | 74,000,000 | 211,000,000 | -7,000,000 | 107,000,000 | 104,000,000 | 188,000,000 | -221,000,000 | 34,000,000 | -73,000,000 | -22,000,000 | -66,000,000 | 62,000,000 | 7,000,000 | 43,000,000 | 6,000,000 | -5,000,000 | 30,000,000 | 8,000,000 | 6,000,000 | -83,000,000 | 1,000,000 | 10,000,000 | 8,000,000 | 6,000,000 | 6,000,000 | 7,000,000 | 5,000,000 | 7,000,000 | 4,000,000 | 6,000,000 | 13,000,000 | 4,000,000 | 6,000,000 | 1,000,000 | 6,000,000 | 2,000,000 | 2,000,000 | -6,000,000 | 9,000,000 | ||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -806,000,000 | -1,338,000,000 | 2,804,000,000 | -2,978,000,000 | 143,000,000 | -1,170,000,000 | 2,520,000,000 | -2,843,000,000 | -678,000,000 | -1,424,000,000 | 2,546,000,000 | -1,699,000,000 | -105,000,000 | -522,000,000 | 2,557,000,000 | -2,038,000,000 | -555,000,000 | -1,366,000,000 | 849,000,000 | -3,059,000,000 | -377,000,000 | -122,000,000 | 2,046,000,000 | -1,697,000,000 | -328,000,000 | -1,006,000,000 | 1,070,000,000 | -1,564,000,000 | -489,000,000 | -627,000,000 | 788,000,000 | -1,374,000,000 | -458,000,000 | -386,000,000 | 609,000,000 | -1,011,000,000 | -253,000,000 | -492,000,000 | 267,000,000 | -568,000,000 | -207,000,000 | -282,000,000 | 84,000,000 | -346,000,000 | -182,000,000 | -187,000,000 | 105,000,000 | -233,000,000 | -83,000,000 | -116,000,000 | 54,000,000 | -80,000,000 | -49,000,000 |
prepaid expenses and other current assets | -1,034,000,000 | 326,000,000 | 360,000,000 | -530,000,000 | -184,000,000 | -84,000,000 | 100,000,000 | 700,000,000 | -908,000,000 | -54,000,000 | 821,000,000 | 855,000,000 | -831,000,000 | -435,000,000 | 573,000,000 | 816,000,000 | -253,000,000 | -1,852,000,000 | -461,000,000 | 224,000,000 | 264,000,000 | -324,000,000 | -29,000,000 | 574,000,000 | -359,000,000 | -252,000,000 | 84,000,000 | 199,000,000 | 9,000,000 | -533,000,000 | -365,000,000 | 442,000,000 | -57,000,000 | -212,000,000 | -365,000,000 | 152,000,000 | -51,000,000 | -154,000,000 | -106,000,000 | 1,000,000 | -55,000,000 | -47,000,000 | -43,000,000 | -78,000,000 | -55,000,000 | 14,000,000 | -4,000,000 | -34,000,000 | 5,000,000 | -15,000,000 | -1,000,000 | -38,000,000 | 31,000,000 |
other assets | 33,000,000 | -190,000,000 | -52,000,000 | -200,000,000 | -29,000,000 | 53,000,000 | -94,000,000 | -111,000,000 | -36,000,000 | 37,000,000 | 30,000,000 | 54,000,000 | -28,000,000 | -24,000,000 | -108,000,000 | -165,000,000 | 11,000,000 | -185,000,000 | -10,000,000 | -26,000,000 | 7,000,000 | 1,000,000 | -16,000,000 | -25,000,000 | 1,000,000 | 24,000,000 | 41,000,000 | -60,000,000 | -40,000,000 | -81,000,000 | 22,000,000 | 24,000,000 | 48,000,000 | 51,000,000 | 31,000,000 | -32,000,000 | 42,000,000 | -11,000,000 | 15,000,000 | -7,000,000 | 29,000,000 | 7,000,000 | -32,000,000 | -58,000,000 | -176,000,000 | 2,000,000 | 16,000,000 | -107,000,000 | 9,000,000 | -8,000,000 | -36,000,000 | ||
accounts payable | -63,000,000 | 460,000,000 | -1,034,000,000 | 568,000,000 | 667,000,000 | 250,000,000 | -1,112,000,000 | 594,000,000 | 612,000,000 | -51,000,000 | -1,104,000,000 | 876,000,000 | -21,000,000 | 237,000,000 | -882,000,000 | 876,000,000 | 694,000,000 | 116,000,000 | -250,000,000 | -56,000,000 | 139,000,000 | -56,000,000 | -44,000,000 | 111,000,000 | 89,000,000 | 9,000,000 | -96,000,000 | 133,000,000 | 38,000,000 | 49,000,000 | 1,000,000 | 50,000,000 | 31,000,000 | -28,000,000 | -10,000,000 | 35,000,000 | 18,000,000 | -41,000,000 | 2,000,000 | 11,000,000 | -9,000,000 | 31,000,000 | -15,000,000 | 19,000,000 | -57,000,000 | 79,000,000 | -10,000,000 | 43,000,000 | -19,000,000 | 1,000,000 | 1,000,000 | -19,000,000 | 28,000,000 |
accrued expenses and other current liabilities | 455,000,000 | -1,107,000,000 | -2,231,000,000 | 1,522,000,000 | 572,000,000 | -497,000,000 | -1,274,000,000 | -350,000,000 | 78,000,000 | 5,290,000,000 | 334,000,000 | 1,268,000,000 | 999,000,000 | 1,180,000,000 | 763,000,000 | 2,462,000,000 | 1,095,000,000 | 1,481,000,000 | -1,681,000,000 | 2,219,000,000 | -257,000,000 | -3,996,000,000 | 980,000,000 | 861,000,000 | 457,000,000 | 2,828,000,000 | 3,154,000,000 | 373,000,000 | 354,000,000 | -17,000,000 | 707,000,000 | 214,000,000 | -62,000,000 | 96,000,000 | 61,000,000 | 373,000,000 | 219,000,000 | 438,000,000 | -16,000,000 | 222,000,000 | 50,000,000 | 107,000,000 | 134,000,000 | 130,000,000 | 123,000,000 | 102,000,000 | -27,000,000 | 67,000,000 | -114,000,000 | 42,000,000 | -33,000,000 | -2,000,000 | -64,000,000 |
other liabilities | -736,000,000 | 892,000,000 | 712,000,000 | 1,114,000,000 | 901,000,000 | 707,000,000 | 83,000,000 | 663,000,000 | -72,000,000 | -151,000,000 | 184,000,000 | 440,000,000 | 540,000,000 | -89,000,000 | -5,000,000 | 414,000,000 | 343,000,000 | -26,000,000 | 210,000,000 | -89,000,000 | 116,000,000 | -486,000,000 | -68,000,000 | -738,000,000 | 320,000,000 | 1,473,000,000 | 184,000,000 | -736,000,000 | 226,000,000 | 19,000,000 | -143,000,000 | 2,533,000,000 | 177,000,000 | 151,000,000 | 222,000,000 | 1,365,000,000 | -214,000,000 | 42,000,000 | 69,000,000 | 451,000,000 | 564,000,000 | 201,000,000 | 149,000,000 | 119,000,000 | 178,000,000 | 23,000,000 | 26,000,000 | 488,000,000 | 148,000,000 | 113,000,000 | 84,000,000 | 16,000,000 | 20,000,000 |
net cash from operating activities | 29,999,000,000 | 25,561,000,000 | 24,026,000,000 | 27,988,000,000 | 24,724,000,000 | 19,370,000,000 | 19,246,000,000 | 19,404,000,000 | 20,402,000,000 | 17,309,000,000 | 13,998,000,000 | 14,511,000,000 | 9,692,000,000 | 12,196,000,000 | 14,076,000,000 | 18,104,000,000 | 14,090,000,000 | 13,247,000,000 | 12,242,000,000 | 14,040,000,000 | 9,829,000,000 | 3,877,000,000 | 11,001,000,000 | 9,083,000,000 | 9,307,000,000 | 8,616,000,000 | 9,308,000,000 | 7,618,000,000 | 7,498,000,000 | 6,298,000,000 | 7,860,000,000 | 7,671,000,000 | 6,127,000,000 | 5,360,000,000 | 5,058,000,000 | 6,350,000,000 | 3,577,000,000 | 3,198,000,000 | 2,983,000,000 | 2,827,000,000 | 2,192,000,000 | 1,880,000,000 | 1,700,000,000 | 1,583,000,000 | 1,248,000,000 | 1,341,000,000 | 1,285,000,000 | 1,231,000,000 | 950,000,000 | 1,322,000,000 | 719,000,000 | 681,000,000 | 248,000,000 |
capital expenditures | -18,829,000,000 | -16,538,000,000 | -12,941,000,000 | -14,425,000,000 | -8,258,000,000 | -8,173,000,000 | -6,400,000,000 | -7,665,000,000 | -6,543,000,000 | -6,216,000,000 | -6,842,000,000 | -9,043,000,000 | -9,375,000,000 | -7,572,000,000 | -5,441,000,000 | -5,369,000,000 | -4,314,000,000 | -4,612,000,000 | -4,272,000,000 | -4,613,000,000 | -3,689,000,000 | -3,255,000,000 | -3,558,000,000 | -4,100,000,000 | -3,532,000,000 | -3,633,000,000 | -3,837,000,000 | -4,301,000,000 | -3,342,000,000 | -3,460,000,000 | -2,812,000,000 | -2,263,000,000 | -1,755,000,000 | -1,444,000,000 | -1,271,000,000 | -1,269,000,000 | -1,095,000,000 | -995,000,000 | -1,132,000,000 | -692,000,000 | -780,000,000 | -549,000,000 | -502,000,000 | -517,000,000 | -482,000,000 | -469,000,000 | -363,000,000 | -483,000,000 | -284,000,000 | -268,000,000 | -327,000,000 | -198,000,000 | -171,000,000 |
free cash flows | 11,170,000,000 | 9,023,000,000 | 11,085,000,000 | 13,563,000,000 | 16,466,000,000 | 11,197,000,000 | 12,846,000,000 | 11,739,000,000 | 13,859,000,000 | 11,093,000,000 | 7,156,000,000 | 5,468,000,000 | 317,000,000 | 4,624,000,000 | 8,635,000,000 | 12,735,000,000 | 9,776,000,000 | 8,635,000,000 | 7,970,000,000 | 9,427,000,000 | 6,140,000,000 | 622,000,000 | 7,443,000,000 | 4,983,000,000 | 5,775,000,000 | 4,983,000,000 | 5,471,000,000 | 3,317,000,000 | 4,156,000,000 | 2,838,000,000 | 5,048,000,000 | 5,408,000,000 | 4,372,000,000 | 3,916,000,000 | 3,787,000,000 | 5,081,000,000 | 2,482,000,000 | 2,203,000,000 | 1,851,000,000 | 2,135,000,000 | 1,412,000,000 | 1,331,000,000 | 1,198,000,000 | 1,066,000,000 | 766,000,000 | 872,000,000 | 922,000,000 | 748,000,000 | 666,000,000 | 1,054,000,000 | 392,000,000 | 483,000,000 | 77,000,000 |
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -18,829,000,000 | -16,538,000,000 | -12,941,000,000 | -14,425,000,000 | -8,258,000,000 | -8,173,000,000 | -6,400,000,000 | -7,665,000,000 | -6,543,000,000 | -6,216,000,000 | -6,842,000,000 | -9,043,000,000 | -9,375,000,000 | -7,572,000,000 | -5,441,000,000 | -5,369,000,000 | -4,314,000,000 | -4,612,000,000 | -4,272,000,000 | -4,613,000,000 | -3,689,000,000 | -3,255,000,000 | -3,558,000,000 | -4,100,000,000 | -3,532,000,000 | -3,633,000,000 | -3,837,000,000 | -4,301,000,000 | -3,342,000,000 | -3,460,000,000 | -2,812,000,000 | -2,263,000,000 | -1,755,000,000 | -1,444,000,000 | -1,271,000,000 | -1,269,000,000 | -1,095,000,000 | -995,000,000 | -1,132,000,000 | -692,000,000 | -780,000,000 | -549,000,000 | -502,000,000 | -517,000,000 | -482,000,000 | -469,000,000 | -363,000,000 | -483,000,000 | -284,000,000 | -268,000,000 | -327,000,000 | -198,000,000 | -171,000,000 |
purchases of marketable securities | -2,840,000,000 | -7,746,000,000 | -11,763,000,000 | -4,068,000,000 | -6,093,000,000 | -7,786,000,000 | -10,297,000,000 | -6,231,000,000 | -5,737,000,000 | -14,130,000,000 | -6,179,000,000 | -7,884,000,000 | -4,758,000,000 | -7,397,000,000 | -5,152,000,000 | -6,603,000,000 | -1,998,000,000 | -4,375,000,000 | -4,261,000,000 | -4,022,000,000 | -5,272,000,000 | -6,273,000,000 | -7,145,000,000 | -6,992,000,000 | -4,973,000,000 | -7,733,000,000 | -6,509,000,000 | -3,126,000,000 | -5,605,000,000 | -4,773,000,000 | -2,505,000,000 | -3,055,000,000 | -2,889,000,000 | -1,733,000,000 | -1,508,000,000 | -2,974,000,000 | -3,069,000,000 | -904,000,000 | -1,952,000,000 | -1,508,000,000 | -1,717,000,000 | -1,633,000,000 | |||||||||||
sales and maturities of marketable securities | 4,704,000,000 | 14,273,000,000 | 4,784,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of non-marketable equity investments | -3,046,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for held-for-sale assets | -1,022,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses and intangible assets | -753,000,000 | -9,000,000 | -132,000,000 | -57,000,000 | -72,000,000 | -64,000,000 | -38,000,000 | -83,000,000 | -444,000,000 | -62,000,000 | -34,000,000 | -363,000,000 | -853,000,000 | ||||||||||||||||||||||||||||||||||||||||
other investing activities | -62,000,000 | 104,000,000 | -90,000,000 | 17,000,000 | 124,000,000 | -3,000,000 | -10,000,000 | -85,000,000 | 75,000,000 | 2,000,000 | 16,000,000 | -7,000,000 | -10,000,000 | -124,000,000 | -98,000,000 | -60,000,000 | -2,000,000 | -27,000,000 | 279,000,000 | -246,000,000 | -42,000,000 | 63,000,000 | -10,000,000 | -64,000,000 | -50,000,000 | -21,000,000 | -3,000,000 | 0 | -1,000,000 | 0 | 1,000,000 | -2,000,000 | -1,000,000 | ||||||||||||||||||||
net cash from investing activities | -21,848,000,000 | -25,958,000,000 | -20,010,000,000 | -21,498,000,000 | -8,620,000,000 | -8,298,000,000 | -8,734,000,000 | -6,472,000,000 | -6,077,000,000 | -5,203,000,000 | -6,743,000,000 | -7,531,000,000 | -9,701,000,000 | -6,959,000,000 | -4,779,000,000 | 5,829,000,000 | -330,000,000 | -8,195,000,000 | -4,874,000,000 | -5,173,000,000 | -16,599,000,000 | -4,178,000,000 | -4,109,000,000 | -4,036,000,000 | -5,050,000,000 | -4,010,000,000 | -6,768,000,000 | -3,685,000,000 | -4,247,000,000 | -2,384,000,000 | -1,287,000,000 | -4,993,000,000 | -3,714,000,000 | -5,440,000,000 | -5,891,000,000 | -1,975,000,000 | -3,117,000,000 | -4,971,000,000 | -1,676,000,000 | -2,726,000,000 | -3,300,000,000 | -564,000,000 | -2,844,000,000 | -6,616,000,000 | 2,997,000,000 | -422,000,000 | -1,872,000,000 | -2,534,000,000 | 734,000,000 | -498,000,000 | -326,000,000 | 535,000,000 | -389,000,000 |
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes paid related to net share settlement of equity awards | -5,135,000,000 | -4,110,000,000 | -4,883,000,000 | -3,857,000,000 | -3,543,000,000 | -3,208,000,000 | -3,162,000,000 | -2,223,000,000 | -2,088,000,000 | -1,692,000,000 | -1,009,000,000 | -657,000,000 | -1,011,000,000 | -1,002,000,000 | -925,000,000 | -1,508,000,000 | -1,575,000,000 | -1,355,000,000 | -1,077,000,000 | -1,120,000,000 | -1,000,000,000 | -754,000,000 | -690,000,000 | -627,000,000 | -591,000,000 | -607,000,000 | -512,000,000 | -545,000,000 | -905,000,000 | -926,000,000 | -832,000,000 | -886,000,000 | -865,000,000 | -724,000,000 | -771,000,000 | 0 | 0 | -3,000,000 | -183,000,000 | -148,000,000 | -153,000,000 | -405,000,000 | |||||||||||
repurchases of class a common stock | -3,327,000,000 | -10,167,000,000 | -12,754,000,000 | 0 | -8,818,000,000 | -6,299,000,000 | -15,008,000,000 | -5,942,000,000 | -3,569,000,000 | -898,000,000 | -9,365,000,000 | -6,863,000,000 | -6,354,000,000 | -5,233,000,000 | -9,506,000,000 | -20,061,000,000 | -13,458,000,000 | -7,079,000,000 | -3,939,000,000 | -1,929,000,000 | -1,725,000,000 | -1,368,000,000 | -1,250,000,000 | -1,296,000,000 | -1,148,000,000 | -1,145,000,000 | -613,000,000 | -3,500,000,000 | -4,256,000,000 | -3,349,000,000 | -1,774,000,000 | -958,000,000 | -640,000,000 | -150,000,000 | -228,000,000 | ||||||||||||||||||
payments for dividends and dividend equivalents | -1,330,000,000 | -1,327,000,000 | -1,329,000,000 | -1,270,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on finance leases | -545,000,000 | -474,000,000 | -751,000,000 | -411,000,000 | -944,000,000 | -299,000,000 | -315,000,000 | -307,000,000 | -267,000,000 | -220,000,000 | -264,000,000 | -235,000,000 | -163,000,000 | -219,000,000 | -233,000,000 | -172,000,000 | -231,000,000 | -123,000,000 | -151,000,000 | -206,000,000 | -189,000,000 | -109,000,000 | -100,000,000 | -141,000,000 | -144,000,000 | -142,000,000 | -125,000,000 | ||||||||||||||||||||||||||
other financing activities | 290,000,000 | 101,000,000 | 222,000,000 | 73,000,000 | -235,000,000 | -106,000,000 | -9,000,000 | 71,000,000 | 49,000,000 | -353,000,000 | 122,000,000 | 445,000,000 | -55,000,000 | -30,000,000 | -16,000,000 | 0 | 0 | -45,000,000 | 32,000,000 | 0 | 10,000,000 | 16,000,000 | 98,000,000 | 1,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | 1,000,000 | -26,000,000 | 5,000,000 | 7,000,000 | 4,000,000 | -8,000,000 | 4,000,000 | 2,000,000 | ||||||||||||||
net cash from financing activities | -10,047,000,000 | -15,977,000,000 | -19,495,000,000 | -5,465,000,000 | -4,371,000,000 | -11,178,000,000 | -19,767,000,000 | -8,401,000,000 | -5,875,000,000 | 5,292,000,000 | -10,516,000,000 | -7,060,000,000 | 2,147,000,000 | -6,563,000,000 | -10,660,000,000 | -21,742,000,000 | -15,252,000,000 | -8,549,000,000 | -5,185,000,000 | -3,207,000,000 | -2,911,000,000 | -2,152,000,000 | -2,022,000,000 | -2,026,000,000 | -2,019,000,000 | -1,831,000,000 | -1,423,000,000 | -3,541,000,000 | -5,157,000,000 | -4,271,000,000 | -2,603,000,000 | -1,843,000,000 | -1,531,000,000 | -869,000,000 | -992,000,000 | -1,416,000,000 | 451,000,000 | 471,000,000 | 184,000,000 | 554,000,000 | 315,000,000 | 342,000,000 | 371,000,000 | 401,000,000 | 438,000,000 | 470,000,000 | 262,000,000 | 1,525,000,000 | -1,599,000,000 | -149,000,000 | -444,000,000 | -1,314,000,000 | 507,000,000 |
effect of exchange rate changes on cash, cash equivalents, and restricted cash equivalents | 9,000,000 | 131,000,000 | 112,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash equivalents at beginning of the period | 0 | 0 | 45,438,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash equivalents at end of the period | -1,887,000,000 | -16,243,000,000 | 30,071,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents, and restricted cash equivalents to the condensed consolidated balance sheets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | -1,818,000,000 | -16,745,000,000 | 28,750,000,000 | 37,000,000 | 11,807,000,000 | -262,000,000 | 32,307,000,000 | 4,972,000,000 | 8,105,000,000 | 17,234,000,000 | 11,551,000,000 | 373,000,000 | 1,627,000,000 | -2,205,000,000 | 14,886,000,000 | 2,105,000,000 | -1,690,000,000 | -3,327,000,000 | 19,513,000,000 | 5,959,000,000 | -9,428,000,000 | -2,573,000,000 | 23,618,000,000 | 3,100,000,000 | 2,102,000,000 | 2,801,000,000 | 11,076,000,000 | 382,000,000 | -1,915,000,000 | -530,000,000 | 12,082,000,000 | ||||||||||||||||||||||
restricted cash equivalents, included in prepaid expenses and other current assets | -19,000,000 | 90,000,000 | 71,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash equivalents, included in other assets | -50,000,000 | 412,000,000 | 1,250,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total cash, cash equivalents, and restricted cash equivalents | -1,887,000,000 | -16,243,000,000 | 30,071,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on marketable equity securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents, and restricted cash equivalents | -16,243,000,000 | -15,367,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charges for facilities consolidation | 95,000,000 | 8,000,000 | 40,000,000 | 240,000,000 | 1,090,000,000 | 340,000,000 | 232,000,000 | 770,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
data center assets abandonment | |||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents, and restricted cash | -714,000,000 | 368,000,000 | -152,000,000 | -288,000,000 | 396,000,000 | -354,000,000 | -14,000,000 | 85,000,000 | 425,000,000 | -365,000,000 | -549,000,000 | -149,000,000 | -130,000,000 | -215,000,000 | 117,000,000 | -246,000,000 | 315,000,000 | 91,000,000 | 95,000,000 | -222,000,000 | 178,000,000 | -156,000,000 | 26,000,000 | -44,000,000 | -12,000,000 | -18,000,000 | -185,000,000 | 36,000,000 | |||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | 311,000,000 | 12,101,000,000 | 4,927,000,000 | 8,096,000,000 | -1,512,000,000 | -3,380,000,000 | 1,937,000,000 | 5,975,000,000 | -9,590,000,000 | -2,358,000,000 | 4,648,000,000 | 3,199,000,000 | 2,082,000,000 | 2,801,000,000 | 1,073,000,000 | 380,000,000 | -1,924,000,000 | -542,000,000 | 4,006,000,000 | ||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of the period | 0 | 0 | 0 | 42,827,000,000 | 0 | 0 | 0 | 15,596,000,000 | 0 | 0 | 0 | 16,865,000,000 | 0 | 0 | 0 | 17,954,000,000 | 0 | 0 | 0 | 19,279,000,000 | 0 | 0 | 0 | 10,124,000,000 | 0 | ||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at end of the period | 311,000,000 | 12,101,000,000 | -258,000,000 | 33,284,000,000 | 4,927,000,000 | 8,096,000,000 | 17,384,000,000 | 12,420,000,000 | 345,000,000 | 1,773,000,000 | -1,875,000,000 | 15,353,000,000 | 2,061,000,000 | -1,707,000,000 | -3,380,000,000 | 19,891,000,000 | 5,975,000,000 | -9,590,000,000 | -2,358,000,000 | 23,927,000,000 | 3,199,000,000 | 2,082,000,000 | 2,801,000,000 | 11,197,000,000 | 380,000,000 | -1,924,000,000 | -542,000,000 | 12,210,000,000 | |||||||||||||||||||||||||
reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash, included in prepaid expenses and other current assets | 263,000,000 | -10,000,000 | 16,000,000 | 84,000,000 | -53,000,000 | -13,000,000 | -59,000,000 | 224,000,000 | 62,000,000 | 4,000,000 | -66,000,000 | 294,000,000 | -46,000,000 | -6,000,000 | -56,000,000 | 257,000,000 | 19,000,000 | -86,000,000 | 171,000,000 | 137,000,000 | 1,000,000 | -2,000,000 | -1,000,000 | 10,000,000 | 3,000,000 | -4,000,000 | -3,000,000 | 14,000,000 | |||||||||||||||||||||||||
restricted cash, included in other assets | 11,000,000 | 304,000,000 | -12,000,000 | 893,000,000 | 8,000,000 | 4,000,000 | 209,000,000 | 645,000,000 | -90,000,000 | 142,000,000 | 396,000,000 | 173,000,000 | 2,000,000 | -11,000,000 | 3,000,000 | 121,000,000 | -3,000,000 | -76,000,000 | 44,000,000 | 172,000,000 | 98,000,000 | -18,000,000 | 1,000,000 | 111,000,000 | -5,000,000 | -5,000,000 | -9,000,000 | 114,000,000 | |||||||||||||||||||||||||
total cash, cash equivalents, and restricted cash | 311,000,000 | 12,101,000,000 | -258,000,000 | 33,284,000,000 | 4,927,000,000 | 8,096,000,000 | 17,384,000,000 | 12,420,000,000 | 345,000,000 | 1,773,000,000 | -1,875,000,000 | 15,353,000,000 | 2,061,000,000 | -1,707,000,000 | -3,380,000,000 | 19,891,000,000 | 5,975,000,000 | -9,590,000,000 | -2,358,000,000 | 23,927,000,000 | 3,199,000,000 | 2,082,000,000 | 2,801,000,000 | 11,197,000,000 | 380,000,000 | -1,924,000,000 | -542,000,000 | 12,210,000,000 | |||||||||||||||||||||||||
purchases of marketable debt securities | -4,468,000,000 | -3,289,000,000 | -6,887,000,000 | -1,172,000,000 | -1,007,000,000 | -718,000,000 | -85,000,000 | -741,000,000 | -2,597,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
sales and maturities of marketable debt securities | 4,114,000,000 | 3,233,000,000 | 4,625,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend payments | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends payments | -1,273,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents, and restricted cash | -9,543,000,000 | -3,176,000,000 | 345,000,000 | 1,773,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
partners payable | 76,000,000 | 9,000,000 | -116,000,000 | -240,000,000 | 102,000,000 | 21,000,000 | 72,000,000 | -105,000,000 | 151,000,000 | -30,000,000 | -61,000,000 | -72,000,000 | 278,000,000 | 58,000,000 | 11,000,000 | -169,000,000 | 289,000,000 | 39,000,000 | 21,000,000 | -1,000,000 | 41,000,000 | 63,000,000 | 51,000,000 | 2,000,000 | 73,000,000 | 32,000,000 | -7,000,000 | -3,000,000 | 47,000,000 | 6,000,000 | 17,000,000 | -3,000,000 | -23,000,000 | 59,000,000 | -6,000,000 | -13,000,000 | -6,000,000 | ||||||||||||||||
proceeds relating to property and equipment | 73,000,000 | 47,000,000 | 82,000,000 | 19,000,000 | 55,000,000 | 20,000,000 | 44,000,000 | 126,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
maturities and sales of marketable debt securities | 1,474,000,000 | 1,817,000,000 | 534,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charges for leases and leasehold improvements | |||||||||||||||||||||||||||||||||||||||||||||||||||||
abandonment charges for data center assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value adjustments for non-marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of marketable debt securities | 1,750,000,000 | 1,620,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
maturities of marketable debt securities | 513,000,000 | 649,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of non-marketable equity securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment related to leases and leasehold improvements | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue and deposits | -7,000,000 | 24,000,000 | -52,000,000 | 100,000,000 | 78,000,000 | 3,000,000 | 6,000,000 | -3,000,000 | 112,000,000 | 15,000,000 | -16,000,000 | 41,000,000 | 31,000,000 | 55,000,000 | -4,000,000 | 33,000,000 | 24,000,000 | 1,000,000 | -5,000,000 | -8,000,000 | 16,000,000 | 6,000,000 | -10,000,000 | 14,000,000 | -2,000,000 | 25,000,000 | -2,000,000 | 9,000,000 | -1,000,000 | -7,000,000 | -10,000,000 | 7,000,000 | -12,000,000 | 2,000,000 | 4,000,000 | -55,000,000 | 0 | ||||||||||||||||
net change in overdraft in cash pooling entities | -191,000,000 | -79,000,000 | 20,000,000 | -1,000,000 | 12,000,000 | 53,000,000 | -50,000,000 | 48,000,000 | -7,000,000 | 63,000,000 | -80,000,000 | 37,000,000 | -141,000,000 | 58,000,000 | -177,000,000 | ||||||||||||||||||||||||||||||||||||||
sales of marketable securities | 5,065,000,000 | 16,340,000,000 | 8,994,000,000 | 4,687,000,000 | 1,650,000,000 | 2,008,000,000 | 4,398,000,000 | 2,617,000,000 | 2,764,000,000 | 2,163,000,000 | 2,946,000,000 | 2,944,000,000 | 1,512,000,000 | 1,254,000,000 | 2,492,000,000 | 4,282,000,000 | 4,330,000,000 | 1,795,000,000 | 3,651,000,000 | 2,236,000,000 | 1,762,000,000 | 4,103,000,000 | 5,633,000,000 | 2,145,000,000 | 2,013,000,000 | 2,803,000,000 | 1,399,000,000 | 2,118,000,000 | 608,000,000 | 1,047,000,000 | 5,423,000,000 | 1,121,000,000 | 847,000,000 | 555,000,000 | 1,158,000,000 | 576,000,000 | 699,000,000 | 1,529,000,000 | 443,000,000 | ||||||||||||||
maturities of marketable securities | 402,000,000 | 1,597,000,000 | 2,991,000,000 | 2,346,000,000 | 3,981,000,000 | 3,259,000,000 | 2,857,000,000 | 3,224,000,000 | 4,644,000,000 | 3,104,000,000 | 2,943,000,000 | 1,895,000,000 | 2,210,000,000 | 1,381,000,000 | 1,053,000,000 | 1,071,000,000 | 1,267,000,000 | 760,000,000 | 730,000,000 | 899,000,000 | 599,000,000 | 227,000,000 | 131,000,000 | 366,000,000 | 537,000,000 | 747,000,000 | 848,000,000 | 376,000,000 | 339,000,000 | 199,000,000 | 636,000,000 | 455,000,000 | 619,000,000 | 609,000,000 | 780,000,000 | 1,271,000,000 | 903,000,000 | 920,000,000 | 1,307,000,000 | ||||||||||||||
purchases of equity investments | -1,000,000 | -59,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash acquired, and purchases of intangible assets | -521,000,000 | -71,000,000 | -4,000,000 | -12,000,000 | -339,000,000 | -33,000,000 | 0 | -72,000,000 | -16,000,000 | -49,000,000 | -16,000,000 | -98,000,000 | -42,000,000 | -61,000,000 | -19,000,000 | -1,000,000 | -4,000,000 | -27,000,000 | -25,000,000 | -257,000,000 | -4,221,000,000 | -735,000,000 | -131,000,000 | -16,000,000 | -122,000,000 | -99,000,000 | |||||||||||||||||||||||||||
operating lease right-of-use assets | -1,179,000,000 | -521,000,000 | -1,190,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities, non-current | 1,276,000,000 | 555,000,000 | 1,083,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on capital lease and other financing obligations | 0 | 0 | 0 | -312,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of year | 0 | 8,204,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from share-based award activity | 459,000,000 | 467,000,000 | 494,000,000 | 566,000,000 | 346,000,000 | 386,000,000 | 423,000,000 | 499,000,000 | 479,000,000 | 530,000,000 | 345,000,000 | 325,000,000 | 129,000,000 | 89,000,000 | 59,000,000 | 179,000,000 | 473,000,000 | ||||||||||||||||||||||||||||||||||||
change in restricted cash and deposits | 3,000,000 | 31,000,000 | 22,000,000 | 11,000,000 | -21,000,000 | 8,000,000 | 41,000,000 | 33,000,000 | 25,000,000 | 33,000,000 | 21,000,000 | 23,000,000 | -235,000,000 | -15,000,000 | 0 | -2,000,000 | 6,000,000 | 0 | 1,000,000 | ||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 43,000,000 | 67,000,000 | 97,000,000 | 26,000,000 | -94,000,000 | 19,000,000 | -46,000,000 | 58,000,000 | -56,000,000 | -22,000,000 | 46,000,000 | -123,000,000 | -52,000,000 | -68,000,000 | 1,000,000 | 14,000,000 | 1,000,000 | -8,000,000 | 4,000,000 | 14,000,000 | |||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 878,000,000 | 949,000,000 | -852,000,000 | -1,799,000,000 | 2,865,000,000 | 930,000,000 | -1,348,000,000 | 1,549,000,000 | 599,000,000 | -815,000,000 | -4,684,000,000 | 4,615,000,000 | 223,000,000 | 99,000,000 | -94,000,000 | 380,000,000 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 0 | 8,903,000,000 | 0 | 0 | 0 | 4,907,000,000 | 0 | 0 | 0 | 4,315,000,000 | 0 | 0 | 0 | 3,323,000,000 | 0 | 0 | 0 | 2,384,000,000 | 0 | 0 | |||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 878,000,000 | 949,000,000 | -852,000,000 | 7,104,000,000 | 2,865,000,000 | 930,000,000 | -1,348,000,000 | 6,456,000,000 | 599,000,000 | -815,000,000 | 1,704,000,000 | 3,419,000,000 | -4,684,000,000 | 4,615,000,000 | 1,386,000,000 | 2,998,000,000 | 223,000,000 | 99,000,000 | 676,000,000 | 2,325,000,000 | -94,000,000 | 380,000,000 | |||||||||||||||||||||||||||||||
excess tax benefit from share-based award activity | -459,000,000 | -467,000,000 | -494,000,000 | -566,000,000 | -346,000,000 | -386,000,000 | -423,000,000 | -504,000,000 | -482,000,000 | -535,000,000 | -348,000,000 | -324,000,000 | -130,000,000 | -93,000,000 | -62,000,000 | -179,000,000 | -473,000,000 | ||||||||||||||||||||||||||||||||||||
lease abandonment | 0 | -5,000,000 | -13,000,000 | -13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common stock | 0 | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
taxes paid related to net share settlement | 0 | -8,000,000 | -7,000,000 | -5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 11,000,000 | 5,000,000 | 1,000,000 | 1,000,000 | 6,000,000 | 10,000,000 | 2,000,000 | 8,000,000 | 8,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on capital lease obligations | -12,000,000 | -23,000,000 | -37,000,000 | -47,000,000 | -44,000,000 | -49,000,000 | -66,000,000 | -84,000,000 | -100,000,000 | -91,000,000 | -91,000,000 | -109,000,000 | -135,000,000 | -88,000,000 | |||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -896,000,000 | -325,000,000 | -59,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt, net of issuance cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale and lease-back transactions | 0 | 123,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
developer partners payable | -12,000,000 | 7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
lease abandonment expense | 9,000,000 | 43,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal or write-off of equipment | 17,000,000 | 19,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income tax refundable | -44,000,000 | 0 | 116,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
investments in non-marketable equity securities | 0 | 0 | 1,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
platform partners payable | -1,000,000 | -18,000,000 | 21,000,000 | 14,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-off of equipment | 9,000,000 | 7,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash acquired, and purchases of intangible and other assets | 0 | -336,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of long term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in accounts payable and accrued expenses and other current liabilities related to property and equipment additions | -21,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment acquired under capital leases | 161,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of shares issued related to acquisitions of businesses and other assets | 250,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities |