- Consolidated gross billings reached $22.7 billion, growing 12% in constant currency year over year.
- Free cash flow was $214 million for the quarter, driven by strong earnings growth and improved cash conversion cycle.
- Gross profit increased 18% year over year to $1.1 billion, with gross margin improving by 23 basis points to 5%.
- Net revenue was $15.7 billion, up 7% year over year, above the high end of guidance.
- Net working capital remained stable at $4 billion; gross cash days improved by one day to approximately 16 days.
- Non-GAAP diluted earnings per share were $3.58, a 25% increase year over year, exceeding the high end of guidance.
- Non-GAAP operating income rose 21% year over year to $475 million, with operating margin improving 15 basis points to 2.09%.
- Returned $210 million to stockholders in the quarter through $174 million in share repurchases and $36 million in dividends.
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