v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues $ 781.3 $ 677.8 $ 1,513.5 $ 1,334.2
Cost of revenues 167.8 135.8 321.1 277.0
Gross profit 613.5 542.0 1,192.4 1,057.2
Operating expenses:        
Selling and marketing (excluding customer base amortization) 394.9 358.4 763.8 724.5
Software development 97.1 79.6 191.6 162.0
General and administrative 122.2 109.9 263.3 208.4
Customer base amortization 26.5 10.2 43.7 21.2
Total operating expenses 640.7 558.1 1,262.4 1,116.1
Loss from operations (27.2) (16.1) (70.0) (58.9)
Interest income, net 32.5 53.5 71.0 109.7
Other income (expense), net 16.3 (1.5) 13.9 (3.4)
Income before income taxes 21.6 35.9 14.9 47.4
Income tax expense 15.4 16.7 23.5 21.5
Net income (loss) $ 6.2 $ 19.2 $ (8.6) $ 25.9
Net income (loss) per share - basic (in USD per share) $ 0.01 $ 0.05 $ (0.02) $ 0.06
Net income (loss) per share - diluted (in USD per share) $ 0.01 $ 0.05 $ (0.02) $ 0.06
Weighted-average outstanding shares - basic (in shares) 419.6 406.0 415.1 405.8
Weighted-average outstanding shares - diluted (in shares) 424.3 407.4 415.1 407.3