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Equity-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Activity of Options Granted Under the Plan
The table below presents the activity of the Company's stock options for the nine months ended September 30, 2025:
Number of
stock options
Weighted
average
exercise price per
stock option
Weighted
average
 remaining
contractual
term (in years)
Aggregate
intrinsic value
(in $ millions)
Balance as of December 31, 202413,338,391$7.52 
Exercised (3,926,118)$5.95 
Expired
(95,903)$8.46 
Balance as of September 30, 20259,316,370$8.17 
Exercisable as of September 30, 20259,316,370$8.17 3.2$
Schedule of Activity of RSUs Granted Under the 2022 Plan
The table below presents the activity of the Company’s RSUs for the nine months ended September 30, 2025:
Number of RSUs Weighted
average grant
date fair value
Balance as of December 31, 202425,410,910$6.17 
Granted6,506,266$8.43 
Forfeited(713,170)$6.16 
Vested (11,839,021)$6.41 
Balance as of September 30, 202519,364,985$6.79 
Schedule of Equity-based Compensation Expense Recognized in Consolidated Statements of Operations
Total equity-based compensation expense recognized in the Company’s consolidated statements of operations (i) for the three months ended September 30, 2025 and 2024 amount to $19 million and $20 million, respectively ($15 million and $16 million, net of taxes, respectively), and (ii) for the nine months ended September 30, 2025 and 2024 amount to $58 million and $58 million, respectively ($46 million and $45 million, net of taxes, respectively) and were included as follows:
(in $ millions)Three months ended September 30,Nine months ended September 30,
2025202420252024
Cost of revenue (excluding depreciation and amortization)$$$$
Sales and marketing 14 15 
Technology and content15 15 
General and administrative26 25 
Total$19 $20 $58 $58