v3.25.2
Stockholders' Equity and Stock-Based Compensation Expense (Tables)
6 Months Ended
Jun. 30, 2025
Stockholders Equity And Stock Based Compensation [Abstract]  
Schedule of Stock-Based Compensation Expense by Award Type

The following two tables show stock-based compensation expense by award type and where the stock-based compensation expense is recorded in the Company’s consolidated statements of operations:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

 

(in thousands)

 

Options

 

$

1,215

 

 

$

1,822

 

 

$

2,509

 

 

$

4,392

 

RSUs

 

 

128,488

 

 

 

116,913

 

 

 

234,428

 

 

 

216,743

 

PSUs

 

 

7,306

 

 

 

6,340

 

 

 

12,204

 

 

 

11,167

 

Employee stock purchase plan

 

 

3,966

 

 

 

3,919

 

 

 

8,527

 

 

 

7,814

 

Total stock-based compensation expense

 

$

140,975

 

 

$

128,994

 

 

$

257,668

 

 

$

240,116

 

Effect of Stock-Based Compensation on Income by Line Item

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

 

(in thousands)

 

Cost of revenue, subscription

 

$

8,190

 

 

$

5,444

 

 

$

15,887

 

 

$

10,404

 

Cost of revenue, professional services and other

 

 

1,051

 

 

 

1,128

 

 

 

1,980

 

 

 

2,215

 

Research and development

 

 

70,807

 

 

 

64,693

 

 

 

127,604

 

 

 

115,318

 

Sales and marketing

 

 

36,587

 

 

 

36,168

 

 

 

68,192

 

 

 

71,325

 

General and administrative

 

 

24,340

 

 

 

21,561

 

 

 

44,005

 

 

 

40,854

 

Total stock-based compensation expense

 

$

140,975

 

 

$

128,994

 

 

$

257,668

 

 

$

240,116