v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,503 $ 3,726
Marketable securities 2,161 2,558
Accounts receivable, net 2,201 2,627
Current portion of deferred commissions 594 590
Prepaid expenses and other current assets 1,055 970
Total current assets 8,514 10,471
Deferred commissions, less current portion 1,136 1,114
Long-term marketable securities 2,043 3,771
Strategic investments 2,073 1,542
Property and equipment, net 2,177 2,289
Operating lease right-of-use assets 836 806
Intangible assets, net 3,781 1,121
Goodwill 9,837 3,578
Deferred tax assets 890 1,056
Other assets 379 290
Total assets 31,666 26,038
Current liabilities:    
Accounts payable 162 204
Accrued expenses and other current liabilities 1,738 1,813
Current portion of deferred revenue 8,057 8,314
Current portion of operating lease liabilities 114 112
Short-term debt, net 2,082 0
Total current liabilities 12,153 10,443
Deferred revenue, less current portion 135 120
Operating lease liabilities, less current portion 822 800
Long-term debt, net 5,435 1,491
Other long-term liabilities 605 220
Total liabilities 19,150 13,074
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.001 par value; shares authorized: 3,000,000; shares issued: 1,072,455 and 1,065,776; shares outstanding: 1,033,862 and 1,047,278 1 1
Treasury stock, at cost (shares held: 38,593 and $18,498) (5,371) (3,045)
Additional paid-in capital 11,921 10,747
Accumulated other comprehensive income (loss) (44) 19
Retained earnings 6,009 5,242
Total stockholders’ equity 12,516 12,964
Total liabilities and stockholders’ equity $ 31,666 $ 26,038