v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 295,591 $ 385,980
Marketable securities 1,645,032 1,524,583
Accounts receivable, net 357,607 314,306
Deferred contract acquisition costs 47,658 47,271
Prepaid expenses and other current assets 95,606 79,179
Total current assets 2,441,494 2,351,319
Property and equipment, net 86,962 78,680
Operating lease right-of-use assets 6,932 8,818
Goodwill 164,406 164,406
Intangible assets, net 6,997 7,924
Deferred contract acquisition costs, non-current 68,473 71,468
Other assets, non-current 42,144 12,296
Total assets 2,817,408 2,694,911
Current liabilities:    
Accounts payable 11,491 7,531
Accrued expenses and other liabilities 167,839 194,250
Operating lease liabilities 9,251 8,694
Deferred revenue 424,293 378,771
Total current liabilities 612,874 589,246
Operating lease liabilities, non-current 4,454 9,138
Deferred revenue, non-current 31,356 30,430
Convertible senior notes, net 1,094,051 1,092,149
Other liabilities, non-current 11,006 12,722
Total liabilities 1,753,741 1,733,685
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, par value of $0.00001 per share; 10,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 0 shares issued and outstanding as of June 30, 2025 and December 31, 2024 0 0
Additional paid-in capital 3,192,349 2,953,080
Accumulated other comprehensive income (loss) 10,055 (2,641)
Accumulated deficit (2,138,740) (1,989,216)
Total stockholders’ equity 1,063,667 961,226
Total liabilities and stockholders’ equity 2,817,408 2,694,911
Class A Common Stock    
Stockholders’ equity:    
Common stock 2 2
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 1 $ 1