Replacement Stock Awards Issued in Connection with Acquisition
Other Adjustments
-1,898
-2,132.1
-1,971.5
-2,217.9
-926.3
-889.3
Amortization of Discounts and Premiums and Other Non-Cash Adjustments
Loss on Extinguishment of Long-Term Debt
Non-Cash Lease Expense
Recovery of Common Stock in Connection with Indemnification Settlement Agreement
Cash Flows from Operating Activities > Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities > Excess Tax Benefit from Share-Based Payment Activity
Gain on Sale of Asset Group
Loss on Revaluation of Equity Investments
Gain on Revaluation of Equity Investments
Remeasurement Gain on Bitcoin Investment
Transaction, Loan, and Consumer Receivable Losses
Bitcoin Impairment Losses
Change in Deferred Income Taxes
Cash Flows from Operating Activities > Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities > Goodwill and Intangible Asset Impairment
Changes in Trade Receivables
79
2,518.7
2,401.7
1,947.8
1,987.4
-2,141.6
Settlements Receivable
Changes in Accounts Payable
—
—
—
—
—
—
Accounts Payable
Changes in Accrued Expenses
—
—
—
—
—
—
Charge-Offs to Accrued Transaction Losses
Accrued Expenses
Changes in Other Operating Activities
-905.5
-3,832.5
-3,408.2
-2,538
-2,634.5
1,229.3
Purchases and Originations of Loans
Proceeds from Payments and Forgiveness of Loans
Other Current Assets
Other Assets
Other Non-Current Assets
Customer Funds
Customers Payable
Settlements Payable
Other Current Liabilities
Other Noncurrent Liabilities
Other Non-Current Liabilities
Other Assets and Liabilities
Cash from Operating Activities
1,972.5
1,206.2
1,351.3
1,707.4
895.6
702
Net Cash Provided by Operating Activities
Investing Activities
Sep '25
Jun '25
Mar '25
Dec '24
Sep '24
Jun '24
Mar '24
Dec '23
Sep '23
Jun '23
Mar '23
Dec '22
Sep '22
Jun '22
Capital Expenditure
-140.8
-146.8
-153.8
-153.9
-178.6
-159.7
Purchases of Property and Equipment
Proceeds from Sale of Property, Plant & Equipment
—
—
—
—
—
—
Proceeds from Sale of Property and Equipment
Purchases of Intangible Assets
—
—
—
—
—
—
Purchase of Intangible Assets
Purchases of Investments
-706.1
-784.3
-1,234.4
-1,251.7
-1,296
-1,513.7
Purchases of Marketable Debt Securities
Purchases of Marketable Debt Securities from Customer Funds
Purchases of Bitcoin Investments
Purchases of Other Investments
Proceeds from Sale of Investments
1,039.5
1,250.6
1,332.5
1,451.7
1,920.4
1,899
Proceeds from Maturities of Marketable Debt Securities
Proceeds from Sale of Marketable Debt Securities
Proceeds from Maturities of Marketable Debt Securities from Customer Funds
Proceeds from Sale of Marketable Debt Securities from Customer Funds
Proceeds from Sale of Equity Investments
Payments for Business Acquisitions
—
—
—
—
—
—
Business Combinations, Net of Cash Acquired
Proceeds from Business Divestments
—
—
—
—
—
—
Proceeds from Sale of Asset Group
Other Investing Activities
826.9
599
578
604
805.5
746.1
Payments for Originations of Consumer Receivables
Proceeds from Principal Repayments and Sales of Consumer Receivables
Cash from Investing Activities
-995
211.5
522.3
650
1,251.3
971.7
Net Cash Provided by Investing Activities
Financing Activities
Sep '25
Jun '25
Mar '25
Dec '24
Sep '24
Jun '24
Mar '24
Dec '23
Sep '23
Jun '23
Mar '23
Dec '22
Sep '22
Jun '22
Issuance of Short-Term Debt
1,297.9
1,371.6
1,318
1,255.7
1,229.4
1,417.9
Proceeds from PPP Liquidity Facility Advances
Proceeds from Warehouse Facilities Borrowings
Repayments of Short-Term Debt
-1,732.5
-1,604
-1,630.3
-1,329.7
-1,204.5
-1,291.7
Repayments of Paycheck Protection Program Liquidity Facility Advances
Repayments of Warehouse Facilities Borrowings
Net Issuance / (Repayments) of Short-Term Debt
-434.6
-232.4
-312.3
-74
24.9
126.1
Issuance of Long-Term Debt
—
—
—
2,000
—
—
Proceeds from Issuance of Convertible Senior Notes, Net
Proceeds from Issuance of Senior Notes
Repayments of Long-Term Debt
—
—
—
—
—
—
Principal Payments on Finance Lease Obligation
Principal Payment on Conversion of Senior Notes
Principal Payments on Debt
Payments to Redeem Convertible Notes
Net Issuance / (Repayments) of Long-Term Debt
—
—
—
2,000
—
—
Issuance of Common Shares
125
119.7
137.1
154.8
148.1
150.7
Proceeds from Issuance of Common Stock Upon Initial Public Offering, Net of Offering Costs
Proceeds from the Exercise of Stock Options and Purchases Under the Employee Stock Purchase Plan
Repurchases of Common Shares
-1,723.7
-1,666.2
-1,363.5
-1,170.3
-1,144
-876.8
Payments for Tax Withholding Related to Vesting of Restricted Stock Units
Repurchases of Common Stock
Net Issuance / (Repurchases) of Common Shares
-1,598.7
-1,546.6
-1,226.4
-1,015.6
-995.9
-726.1
Issuance of Preferred Shares
—
—
—
—
—
—
Proceeds from Issuance of Preferred Stock, Net
Net Issuance / (Repurchases) of Preferred Shares
—
—
—
—
—
—
Other Financing Activities
952.3
1,474.8
1,293.1
1,042.2
1,061.6
236.6
Purchase of Convertible Senior Note Hedges
Purchases of Senior Note Hedges
Proceeds from Issuance of Warrants
Payment of Deferred Purchase Consideration
Payment for Termination of Starbucks Warrant
Payments of Offering Costs Related to Initial Public Offering
Payments of Debt Issuance Costs from Issuance of Senior Notes
Excess Tax Benefit from Share-Based Payment Award
Net Increase in Interest-Bearing Deposits
Other Financing Activities
Change in Customer Funds, Restricted from Use in the Company's Operations
