v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total revenues $ 657,011 $ 620,398 $ 1,301,210 $ 1,232,454
Cost of revenues        
Total cost of revenues 184,702 178,950 364,132 359,400
Gross profit 472,309 441,448 937,078 873,054
Operating expenses        
Research and development 82,801 77,539 164,514 159,522
Sales and marketing 274,907 263,585 547,750 538,483
General and administrative 64,316 63,361 124,501 127,746
Total operating expenses 422,024 404,485 836,765 825,751
Income from operations 50,285 36,963 100,313 47,303
Other income (expense), net        
Interest expense (18,672) (16,466) (33,477) (32,581)
Other income (expense) 10,638 (4,820) 9,524 (3,418)
Other expense, net (8,034) (21,286) (23,953) (35,999)
Income before income taxes 42,251 15,677 76,360 11,304
Provision for income taxes 3,136 2,484 6,627 8,439
Net income $ 39,115 $ 13,193 $ 69,733 $ 2,865
Net income per common share        
Basic (in dollars per share) $ 0.47 $ 0.15 $ 0.83 $ 0.03
Diluted (in dollars per share) $ 0.45 $ 0.14 $ 0.80 $ 0.03
Weighted-average number of shares used in computing net income per share        
Basic (in shares) 84,049 90,710 84,354 90,861
Diluted (in shares) 86,619 92,056 86,803 92,488
Subscriptions        
Revenues        
Total revenues $ 633,649 $ 598,728 $ 1,256,815 $ 1,188,840
Cost of revenues        
Total cost of revenues 159,504 150,788 313,912 303,883
Other        
Revenues        
Total revenues 23,362 21,670 44,395 43,614
Cost of revenues        
Total cost of revenues $ 25,198 $ 28,162 $ 50,220 $ 55,517