7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 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 
      
    		                
      operating activities:
    		                
      net income
    		386,000,000 336,000,000 916,000,000 150,000,000 188,000,000 157,000,000 30,000,000 -85,000,000 25,000,000 -511,000,000 -166,000,000 -175,000,000 -295,000,000 -392,000,000 -423,267,000 -1,316,697,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                
      depreciation and amortization
    		21,000,000 20,000,000 22,000,000 20,000,000 18,000,000 17,000,000 17,000,000 19,000,000 15,000,000 20,000,000 17,000,000 15,000,000 17,000,000 12,000,000 9,761,000 7,040,000 
      benefit from credit losses
    		28,000,000 24,000,000 19,000,000 23,000,000 18,000,000 16,000,000 14,000,000 14,000,000 6,000,000 9,000,000 8,000,000 9,000,000 11,000,000 8,000,000 16,541,000 25,051,000 
      share-based compensation
    		78,000,000 73,000,000 77,000,000 79,000,000 86,000,000 62,000,000 81,000,000 83,000,000 109,000,000 598,000,000 160,000,000 110,000,000 164,000,000 220,000,000 317,802,000 1,242,450,000 
      other
    		4,000,000 4,000,000     42,000,000   5,000,000 27,000,000 13,000,000   12,000  
      changes in operating assets and liabilities:
    		                
      securities segregated under federal and other regulations
    		-198,000,000 397,000,000   145,000,000 -692,000,000           
      receivables from brokers, dealers, and clearing organizations
    		-94,000,000 206,000,000 -332,000,000 10,000,000 58,000,000 -118,000,000 -26,000,000 54,000,000 -5,000,000 -36,000,000 -1,000,000 14,000,000 35,000,000 -36,000,000   
      receivables from users
    		-389,000,000 -911,000,000 -2,621,000,000 -433,000,000 -742,000,000 -796,000,000 204,000,000 -391,000,000 -168,000,000 57,000,000 821,000,000 92,000,000 1,056,000,000 1,417,000,000 -556,840,000 -700,602,000 
      securities borrowed
    		-2,045,000,000 -878,000,000 468,000,000 -1,487,000,000 -110,000,000 -505,000,000 -398,000,000 -244,000,000 -116,000,000 -327,000,000 -378,000,000      
      deposits with clearing organizations
    		-79,000,000 -152,000,000 -25,000,000 87,000,000 34,000,000 -247,000,000 -63,000,000 -52,000,000 24,000,000 -61,000,000 15,000,000 88,000,000 5,000,000 34,000,000 -11,696,000 -44,017,000 
      current and non-current prepaid expenses
    		-11,000,000 -13,000,000 16,000,000 -21,000,000   11,000,000 17,000,000 7,000,000 2,000,000 4,000,000 18,000,000 -15,000,000 26,000,000   
      current and non-current deferred customer match incentives
    		-40,000,000 -56,000,000 -63,000,000 -6,000,000             
      other current and non-current assets
    		0 351,000,000 -404,000,000 117,000,000 29,000,000 -157,000,000   -50,000,000 -8,000,000 -23,000,000 73,000,000 -78,000,000 2,000,000 768,218,000 -226,989,000 
      accounts payable and accrued expenses
    		12,000,000 -124,000,000 -63,000,000 54,000,000 20,000,000 -46,000,000 -11,000,000 94,000,000 33,000,000 18,000,000 -17,000,000 -38,000,000 -5,000,000 -2,000,000 15,630,000 -63,754,000 
      payables to users
    		2,280,000,000 -332,000,000 1,184,000,000 475,000,000 -285,000,000 977,000,000 772,000,000 -786,000,000 125,000,000 285,000,000 -695,000,000 -400,000,000 -1,353,000,000 673,000,000 -335,441,000 -957,012,000 
      securities loaned
    		3,542,000,000 1,635,000,000 157,000,000 2,215,000,000 876,000,000 668,000,000 302,000,000 263,000,000 373,000,000 775,000,000 411,000,000 56,000,000 -784,000,000 -1,500,000,000 521,385,000 486,750,000 
      other current and non-current liabilities
    		14,000,000 62,000,000 15,000,000 -19,000,000 -64,000,000 41,000,000 40,000,000 6,000,000 -3,000,000 2,000,000 6,000,000 -7,000,000 1,000,000 -31,000,000 -684,373,000 129,490,000 
      net cash from operating activities
    		3,509,000,000 642,000,000 -1,400,000,000 1,812,000,000 54,000,000 -623,000,000 960,000,000 -977,000,000 370,000,000 828,000,000 181,000,000 -207,000,000 -1,263,000,000 437,000,000 -275,632,000 -1,008,262,000 
      capex
    		-18,000,000 -11,000,000 -15,000,000 -19,000,000 -7,000,000 -9,000,000 -6,000,000 -5,000,000 -4,000,000 -5,000,000 -10,000,000 -14,000,000 -12,000,000 -21,000,000 -7,852,000 -30,864,000 
      free cash flows
    		3,491,000,000 631,000,000 -1,415,000,000 1,793,000,000 47,000,000 -632,000,000 954,000,000 -982,000,000 366,000,000 823,000,000 171,000,000 -221,000,000 -1,275,000,000 416,000,000 -283,484,000 -1,039,126,000 
      investing activities:
    		                
      purchases of property, software, and equipment
    		-8,000,000 -2,000,000 -4,000,000 -7,000,000 0 -2,000,000 -1,000,000          
      capitalization of internally developed software
    		-10,000,000 -9,000,000 -11,000,000 -12,000,000 -7,000,000 -7,000,000 -5,000,000 -5,000,000 -4,000,000 -5,000,000 -7,000,000 -8,000,000 -6,000,000 -8,000,000 -7,852,000 -6,842,000 
      consideration transferred for business acquisitions
    		                
      cash, cash equivalents, and segregated cash acquired in business acquisitions
    		                
      purchases of held-to-maturity investments
    		  -87,000,000 -167,000,000 -131,000,000 -171,000,000 -108,000,000          
      proceeds from maturities of held-to-maturity investments
    		58,000,000 208,000,000 219,000,000 150,000,000 135,000,000 154,000,000 115,000,000 165,000,000         
      purchases of credit card receivables by credit card funding trust
    		-979,000,000 -549,000,000 -509,000,000              
      collections of purchased credit card receivables
    		835,000,000 511,000,000 426,000,000 82,000,000 37,000,000 11,000,000           
      asset acquisition, net of cash acquired
    		  0 0 0 -3,000,000           
      net cash from investing activities
    		832,000,000 9,000,000 34,000,000 -123,000,000 -12,000,000 -47,000,000 -3,000,000 -97,000,000 -1,000,000 -481,000,000 11,000,000 -11,000,000 -26,000,000 -34,000,000 -58,405,000 -151,613,000 
      financing activities:
    		                
      proceeds from exercise of stock options
    		4,000,000 7,000,000               
      proceeds from issuance of common stock under the employee share purchase plan
    		                
      taxes paid related to net share settlement of equity awards
    		-252,000,000 -120,000,000 -89,000,000 -56,000,000 -59,000,000 -40,000,000 -3,000,000 -4,000,000 -3,000,000 -2,000,000 -3,000,000 -2,000,000 -4,000,000 -3,000,000 -10,304,000  
      repurchase of class a common stock
    		-124,000,000 -322,000,000 -160,000,000              
      draws on credit facilities
    		  10,000,000 1,000,000   0 10,000,000   0 10,000,000 0 11,000,000 10,000,000 610,000,000 
      repayments on credit facilities
    		  -10,000,000 -1,000,000   0 -10,000,000   0 -10,000,000 0 -11,000,000 -10,000,000 -610,000,000 
      borrowings by the credit card funding trust
    		80,000,000 24,000,000               
      change in principal collected from customers due to coastal bank
    		-9,000,000 10,000,000 21,000,000 -22,000,000 4,000,000 3,000,000 4,000,000          
      repayments on borrowings by the credit card funding trust
    		                
      payments of debt issuance costs
    		0 -16,000,000 -1,000,000 0 0 -14,000,000 0 0 0 -10,000,000 0 0     
      net cash from financing activities
    		-286,000,000 -417,000,000 -178,000,000 -95,000,000 -42,000,000 -30,000,000 9,000,000 -615,000,000 7,000,000 -11,000,000     -6,092,000 1,650,848,000 
      effect of foreign exchange rate changes on cash and cash equivalents
    		7,000,000 1,000,000 -2,000,000        1,000,000    22,000 -142,000 
      net increase in cash, cash equivalents, segregated cash, and restricted cash
    		4,062,000,000 235,000,000  1,595,000,000 0 -700,000,000           
      cash, cash equivalents, segregated cash, and restricted cash, beginning of the period
    		0 8,695,000,000 0 0 0 9,346,000,000           
      cash, cash equivalents, segregated cash, and restricted cash, end of the period
    		4,062,000,000 8,930,000,000 -1,546,000,000 1,595,000,000 0 8,646,000,000           
      business acquisition, net of cash and cash equivalents acquired
    		 -150,000,000 0              
      reconciliation of cash, cash equivalents, segregated cash and restricted cash, end of the period:
    		                
      cash and cash equivalents, end of the period
    		 4,416,000,000  87,000,000 -193,000,000 4,717,000,000 -54,000,000 -940,000,000 370,000,000 5,459,000,000 152,000,000 225,000,000 -229,000,000 6,191,000,000 86,772,000 1,088,953,000 
      segregated cash and cash equivalents, end of the period
    		 4,442,000,000  1,510,000,000 208,000,000 3,829,000,000           
      restricted cash in other current assets, end of the period
    		 54,000,000  -2,000,000 -14,000,000 83,000,000 20,000,000          
      restricted cash in other non-current assets, end of the period
    		 18,000,000  0 -1,000,000 17,000,000 0          
      cash, cash equivalents, segregated cash and restricted cash, end of the period
    		 8,930,000,000      -1,689,000,000 376,000,000 9,693,000,000 193,000,000 -221,000,000 -1,288,000,000 10,673,000,000 -340,107,000 490,831,000 
      supplemental disclosures:
    		                
      cash paid for interest
    		 9,000,000  4,000,000 1,000,000 7,000,000 4,000,000 2,000,000 3,000,000 3,000,000 6,000,000 0 3,000,000 3,000,000 5,719,000 3,100,000 
      cash paid for income taxes, net of refund received
    		 29,000,000  8,000,000 4,000,000 2,000,000 0 7,000,000   0 1,000,000 2,000,000 1,000,000 2,952,000  
      impairment of long-lived assets
    		      -7,000,000    -2,000,000      
      deferred income taxes
    		                
      purchases of available-for-sale investments
    		                
      proceeds from sales and maturities of available-for-sale investments
    		      0          
      proceeds from exercise of stock options, net of repurchases
    		  8,000,000 2,000,000 4,000,000 4,000,000 3,000,000 0 1,000,000 1,000,000 0 1,000,000 2,000,000 3,000,000 2,016,000 5,090,000 
      net decrease in cash, cash equivalents, segregated cash, and restricted cash
    		                
      proceeds from issuance of common stock under the employee stock purchase plan
    		   0   5,000,000 0   3,000,000 0     
      borrowings on credit card funding trust
    		   78,000,000 0 17,000,000           
      repayments on credit card funding trust
    		   0             
      purchases of credit card receivables
    		    -41,000,000 -29,000,000           
      business acquisition
    		                
      change in fair value of convertible notes and warrant liability
    		              0 25,336,000 
      acquisitions of a business, net of cash and cash equivalents acquired
    		      -3,000,000          
      proceeds from issuance of common stock in connection with initial public offering, net of offering costs
    		              -5,148,000  
      proceeds from issuance of convertible notes and warrants
    		              0 0 
      repurchase of common stock
    		      0          
      reconciliation of cash, cash equivalents, segregated cash, and restricted cash, end of the period:
    		                
      segregated cash, end of the period
    		      1,000,000,000 -772,000,000 7,000,000 4,213,000,000 41,000,000 -446,000,000 -1,058,000,000 4,458,000,000 -425,879,000 -606,312,000 
      net decrease in cash, cash equivalents, segregated cash and restricted cash
    		                
      cash, cash equivalents, segregated cash and restricted cash, beginning of the period
    		       0 0 9,357,000,000 0 0 0 10,270,000,000 0 0 
      purchase of property, software, and equipment
    		          -3,000,000 -6,000,000 -6,000,000 -13,000,000   
      purchase of available-for-sale investments
    		                
      proceeds from maturities of available-for-sale investments
    		        1,000,000 9,000,000       
      purchase of held-to-maturity investments
    		        0 -485,000,000       
      net increase in cash, cash equivalents, segregated cash and restricted cash
    		        376,000,000 336,000,000 193,000,000 -221,000,000 -1,288,000,000 403,000,000 -340,107,000 490,831,000 
      restricted cash (current and non-current), end of the period
    		        -1,000,000 21,000,000 0 0     
      segregated securities under federal and other regulations
    		              50,000,000 299,984,000 
      acquisitions of a business, net of cash acquired
    		              -6,265,000  
      purchase of investments
    		          2,000,000 0 -13,000,000 -14,000,000   
      sales of investments
    		          23,000,000 14,000,000 4,000,000 1,000,000   
      proceeds from issuance of redeemable convertible preferred stock, net of issuance costs
    		                
      operating lease right-of-use assets
    		           7,000,000 27,000,000 -26,000,000   
      current and non-current operating lease liabilities
    		           -5,000,000 -29,000,000 32,000,000   
      non-cash operating activities:
    		                
      asset related to user cryptocurrencies safeguarding obligation
    		           768,000,000     
      user cryptocurrencies safeguarding obligation
    		           768,000,000     
      non-cash financing activities:
    		                
      unpaid offering costs in connection with initial public offering
    		                
      restricted cash, end of the period
    		             24,000,000 -1,000,000 8,190,000 
      receivables from brokers, dealers and clearing organizations
    		               84,830,000 
      purchase of property, software and equipment
    		               -24,022,000 
      cash paid for income taxes
    		                
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.