v3.26.1
Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Based Compensation Cost We recorded stock-based compensation expense in the following categories in the accompanying unaudited condensed consolidated statements of operations and balance sheets (in thousands):
Three Months Ended March 31,
20262025
Cost of revenue
$1,251 $1,260 
Sales and marketing
3,548 3,767 
Technology and development
3,347 4,024 
General and administrative
$13,168 $20,705 
Total stock-based compensation expense
21,314 29,756 
Amount capitalized to internal-use software
1,209 1,340 
Total stock-based compensation
$22,523 $31,096 
Schedule of Fair Value Assumptions and Techniques for Restricted Stock Units The assumptions to the Monte Carlo simulation used to calculate the grant-date fair value of the TSR component is as follows:
Three Months Ended March 31,
2026
Expected life (years)
2.8
Risk-free interest rate
3.6 %
Expected volatility
54.2 %
Expected dividend yield
—