v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue:      
Total revenue $ 3,131,266 $ 2,627,543 $ 2,170,230
Cost of Revenue:      
Total cost of revenue 508,487 393,265 338,362
Gross profit 2,622,779 2,234,278 1,831,868
Operating expenses:      
Research and development 905,943 778,714 617,745
Sales and marketing 1,379,376 1,218,844 1,068,560
General and administrative 326,045 300,332 249,649
Restructuring 4,036 3,990 96,843
Total operating expenses 2,615,400 2,301,880 2,032,797
Income (loss) from operations 7,379 (67,602) (200,929)
Other income (expense)      
Interest income 66,218 82,706 58,828
Interest expense (876) (3,721) (3,801)
Other (expense) income, net (3,258) 17,294 (4,673)
Total other income 62,084 96,279 50,354
Income (loss) before income tax expense 69,463 28,677 (150,575)
Income tax expense (23,552) (24,049) (13,935)
Net income (loss) $ 45,911 $ 4,628 $ (164,510)
Net income (loss) per share, basic $ 0.88 $ 0.09 $ (3.30)
Net income (loss) per share, diluted $ 0.86 $ 0.09 $ (3.30)
Weighted average common shares used in computing basic net income (loss) per share: 52,455 51,178 49,877
Weighted average common shares used in computing diluted net income (loss) per share: 53,194 51,819 49,877
Subscription [Member]      
Revenue:      
Total revenue $ 3,063,917 $ 2,569,546 $ 2,123,479
Cost of Revenue:      
Total cost of revenue 445,336 336,878 283,675
Professional Services and Other [Member]      
Revenue:      
Total revenue 67,349 57,997 46,751
Cost of Revenue:      
Total cost of revenue $ 63,151 $ 56,387 $ 54,687