The following table presents selected financial information for the Company’s single operating segment for the three months ended March 31, 2026 and 2025 (in thousands):


	Three Months Ended March 31,
		2026			2025
Revenue		$	644,199		$	612,056
Less:
Share-based compensation expense		54,665			77,881
Depreciation and amortization		56,911			55,061
Other segment items (1)		482,595			468,774
Income (loss) from operations		50,028			10,340
Operating margin as % of revenue		7.8		%	1.7		%

Other income (expense), net
Interest expense		(14,805)			(16,115)
Other income (expense) (2)		(1,114)			1,402
Other income (expense), net		(15,919)			(14,713)
Income (loss) before income taxes		34,109			(4,373)
Provision for income taxes		3,491			5,955
Net income (loss)		$	30,618		$	(10,328)

(1)Other segment items mainly consist of personnel costs, third-party commissions, and advertising and marketing costs.

(2)Includes interest income of $0.6 million and $1.2 million for the three months ended March 31, 2026 and 2025, respectively.