v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Income Statement [Abstract]        
Revenue $ 344,764 $ 397,146 $ 1,155,376 $ 1,262,676
Cost of revenue 195,040 205,505 650,637 676,320
Gross profit 149,724 191,641 504,739 586,356
Operating expenses        
Research and development 59,750 74,223 218,011 233,780
Sales and marketing 62,576 71,643 213,430 217,428
General and administrative 30,327 33,186 89,357 113,825
Total operating expenses 152,653 179,052 520,798 565,033
Operating income (loss) (2,929) 12,589 (16,059) 21,323
Other income (expense), net        
Interest income 1,572 2,629 5,406 9,638
Interest expense (117) (106) (336) (333)
Other income (expense), net 661 (2,464) (5,176) 4,507
Total other income (expense), net 2,116 59 (106) 13,812
Income (loss) before provision for income taxes (813) 12,648 (16,165) 35,135
Provision for income taxes 2,566 8,939 7,121 20,188
Net income (loss) $ (3,379) $ 3,709 $ (23,286) $ 14,947
Net income (loss) per share:        
Basic (in USD per share) $ (0.03) $ 0.03 $ (0.19) $ 0.12
Diluted (in USD per share) $ (0.03) $ 0.03 $ (0.19) $ 0.12
Weighted-average shares used in computing net income (loss) per share:        
Basic (in shares) 120,423,439 122,553,129 120,804,730 123,828,150
Diluted (in shares) 120,423,439 127,245,459 120,804,730 127,886,368
Total comprehensive income (loss)        
Net income (loss) $ (3,379) $ 3,709 $ (23,286) $ 14,947
Change in foreign currency translation adjustment 3,496 681 3,036 (267)
Net unrealized loss on marketable securities (23) (6) (140) (32)
Comprehensive income (loss) $ 94 $ 4,384 $ (20,390) $ 14,648