v3.25.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Activity
The following table presents the changes in the carrying amount of goodwill by reporting unit (in thousands):
Advertising
AppsTotal
Balances as of December 31, 2024$1,457,685 $345,741 $1,803,426 
Goodwill impairment
— (188,943)(188,943)
Foreign currency translation25,313 — 25,313 
Balances as of March 31, 2025$1,482,998 $156,798 $1,639,796 
Schedule of Intangible Assets Acquired, Net
Intangible assets, net consisted of the following (in thousands):
 
Weighted-
Average
Remaining
Useful Life
(in years)
As of March 31, 2025As of December 31, 2024
 Gross
Carrying
Value
Accumulated
Amortization
Net Book
Value
Gross
Carrying
Value
Accumulated
Amortization
Net Book
Value
 
 
Apps3.3$1,848,037 $(1,462,940)$385,097 $1,828,036 $(1,419,559)$408,477 
Customer relationships7.0516,319 (175,328)340,991 511,125 (160,810)350,315 
User base1.068,817 (59,064)9,753 68,817 (56,626)12,191 
License asset2.860,707 (59,332)1,375 60,707 (59,207)1,500 
Developed technology2.4206,604 (130,760)75,844 204,286 (120,808)83,478 
Other2.069,673 (27,687)41,986 66,020 (25,304)40,716 
Total intangible assets$2,770,157 $(1,915,111)$855,046 $2,738,991 $(1,842,314)$896,677 
Schedule of Finite-Lived Intangible Assets, Amortization Expenses
The Company recorded amortization expenses related to acquired intangible assets as follows (in thousands):
Three Months Ended March 31,
20252024
Cost of revenue$53,488 $88,142 
Sales and marketing17,255 16,819 
Total$70,743 $104,961