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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Net revenue $ 8,775 $ 7,985 $ 17,409 $ 15,921
Operating Expenses        
Personnel 1,603 1,515 3,082 2,852
Marketing 338 309 631 641
Network and processing 189 179 370 357
Professional fees 160 130 291 239
Depreciation and amortization 249 234 496 461
General and administrative 452 282 792 604
Litigation provision 430 0 439 341
Total operating expenses 3,421 2,649 6,101 5,495
Operating income 5,354 5,336 11,308 10,426
Non-operating Income (Expense)        
Interest expense (82) (142) (269) (279)
Investment income (expense) and other 241 84 516 108
Total non-operating income (expense) 159 (58) 247 (171)
Income before income taxes 5,513 5,278 11,555 10,255
Income tax provision 850 1,021 2,002 1,819
Net income $ 4,663 $ 4,257 $ 9,553 $ 8,436
Class A common stock        
Earnings Per Share        
Basic Earnings Per Share (in dollars per share) $ 2.29 $ 2.04 $ 4.68 $ 4.03
Basic Weighted-average Shares Outstanding (in shares) 1,579 1,624 1,582 1,627
Diluted Earnings Per Share (in dollars per share) $ 2.29 $ 2.03 $ 4.68 $ 4.02
Diluted Weighted-average Shares Outstanding (in shares) 2,039 2,093 2,042 2,098
Class B-1 common stock        
Earnings Per Share        
Basic Earnings Per Share (in dollars per share) $ 3.63 $ 3.26 $ 7.44 $ 6.45
Basic Weighted-average Shares Outstanding (in shares) 245 245 245 245
Diluted Earnings Per Share (in dollars per share) $ 3.63 $ 3.25 $ 7.43 $ 6.44
Diluted Weighted-average Shares Outstanding (in shares) 245 245 245 245
Class C common stock        
Earnings Per Share        
Basic Earnings Per Share (in dollars per share) $ 9.16 $ 8.15 $ 18.73 $ 16.10
Basic Weighted-average Shares Outstanding (in shares) 9 10 9 10
Diluted Earnings Per Share (in dollars per share) $ 9.15 $ 8.14 $ 18.71 $ 16.09
Diluted Weighted-average Shares Outstanding (in shares) 9 10 9 10