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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue:    
Revenue $ 1,381,109 $ 959,359
Cost of revenue:    
Total cost of revenue 842,608 562,605
Gross profit 538,501 396,754
Operating expenses:    
Product development 194,986 154,350
Sales and marketing 194,535 133,713
General and administrative 129,495 101,598
Transaction and loan losses 108,883 27,841
Amortization of acquired customer assets 4,152 3,487
Total operating expenses 628,789 418,796
Operating loss (90,288) (22,042)
Interest expense, net 9,206 4,681
Other expense, net 5,862 11,299
Loss before income tax (105,356) (38,022)
Provision for income taxes 535 129
Net loss $ (105,891) $ (38,151)
Net loss per share    
Basic (in USD per share) $ (0.24) $ (0.09)
Diluted (in USD per share) $ (0.24) $ (0.09)
Weighted-average shares used to compute net loss per share    
Basic (in shares) 434,940 419,289
Diluted (in shares) 434,940 419,289
Technology assets    
Cost of revenue:    
Amortization of acquired technology $ 2,320 $ 1,376
Customer assets    
Operating expenses:    
Amortization of acquired customer assets 890 1,294
Transaction-based revenue    
Revenue:    
Revenue 758,101 656,762
Cost of revenue:    
Cost of revenue 465,779 409,069
Subscription and services-based revenue    
Revenue:    
Revenue 255,883 190,307
Revenue 296,235 218,857
Cost of revenue:    
Cost of revenue 40,711 60,523
Hardware revenue    
Revenue:    
Revenue 20,675 18,212
Cost of revenue:    
Cost of revenue 34,372 26,941
Bitcoin revenue    
Revenue:    
Revenue 306,098 65,528
Cost of revenue:    
Cost of revenue $ 299,426 $ 64,696