v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 969,229 $ 421,297
Short-term marketable securities 1,573,371 1,963,102
Accounts receivable, net 587,966 588,540
Prepaid expenses and other current assets 401,071 474,360
Total current assets 3,531,637 3,447,299
Property and equipment, net 177,957 191,042
Operating right-of-use assets 53,174 53,405
Equity method investment 439,011 485,835
Intangible assets, net 184,260 238,503
Goodwill 5,243,266 5,243,266
Other long-term assets 218,987 206,122
Total assets 9,848,292 9,865,472
Current liabilities:    
Accounts payable 76,181 100,169
Accrued expenses and other current liabilities 461,527 530,686
Deferred revenue and customer deposits 148,009 155,680
Operating lease liability, current 34,342 33,685
Total current liabilities 720,059 820,220
Operating lease liability, noncurrent 76,819 85,875
Long-term debt, net 991,429 990,587
Other long-term liabilities 16,063 15,824
Total liabilities 1,804,370 1,912,506
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock 0 0
Class A common stock 154 153
Additional paid-in capital 15,805,141 15,476,124
Accumulated other comprehensive income (loss) 24,716 (1,301)
Accumulated deficit (7,786,089) (7,522,010)
Total stockholders’ equity 8,043,922 7,952,966
Total liabilities and stockholders’ equity $ 9,848,292 $ 9,865,472