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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Net revenue $ 35,926 $ 32,653 $ 29,310
Operating Expenses      
Personnel 6,264 5,831 4,990
Marketing 1,560 1,341 1,336
Network and processing 778 736 743
Professional fees 635 545 505
Depreciation and amortization 1,034 943 861
General and administrative 1,598 1,330 1,194
Litigation provision 462 927 868
Total operating expenses 12,331 11,653 10,497
Operating income 23,595 21,000 18,813
Non-operating Income (Expense)      
Interest expense (641) (644) (538)
Investment income (expense) and other 962 681 (139)
Total non-operating income (expense) 321 37 (677)
Income before income taxes 23,916 21,037 18,136
Income tax provision 4,173 3,764 3,179
Net income $ 19,743 $ 17,273 $ 14,957
Class A common stock      
Earnings Per Share      
Basic earnings per share (in dollars per share) $ 9.74 $ 8.29 $ 7.01
Basic weighted-average shares outstanding (in shares) 1,621 1,618 1,651
Diluted earnings per share (in dollars per share) $ 9.73 $ 8.28 $ 7.00
Diluted weighted-average shares outstanding (in shares) 2,029 2,085 2,136
Class B-1 common stock      
Earnings Per Share      
Basic earnings per share (in dollars per share) $ 15.46 $ 13.26 $ 11.33
Basic weighted-average shares outstanding (in shares) 148 245 245
Diluted earnings per share (in dollars per share) $ 15.45 $ 13.24 $ 11.31
Diluted weighted-average shares outstanding (in shares) 148 245 245
Class B-2 common stock      
Earnings Per Share      
Basic earnings per share (in dollars per share) [1] $ 15.45 $ 0 $ 0
Basic weighted-average shares outstanding (in shares) [1] 49 0 0
Diluted earnings per share (in dollars per share) [1] $ 15.43 $ 0 $ 0
Diluted weighted-average shares outstanding (in shares) [1] 49 0 0
Class C common stock      
Earnings Per Share      
Basic earnings per share (in dollars per share) $ 38.97 $ 33.17 $ 28.03
Basic weighted-average shares outstanding (in shares) 16 10 10
Diluted earnings per share (in dollars per share) $ 38.92 $ 33.13 $ 28.00
Diluted weighted-average shares outstanding (in shares) 16 10 10
[1]
(1)No shares of class B-2 common stock were outstanding prior to the class B-1 common stock exchange offer. See Note 15—Stockholders’ Equity for further details.