v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 233,643 $ 202,482
Marketable securities 426,474 681,225
Short-term deposits 38,149 37,259
Accounts receivable (net of allowances of $1,458 and $1,260 at June 30, 2026 and December 31, 2025, respectively) 150,896 242,822
Prepaid expenses and other short-term assets 147,790 134,767
Total current assets 996,952 1,298,555
Long-term assets:    
Long-term marketable securities 213,260 187,202
Operating lease right-of-use assets 61,826 57,677
Property and equipment, net 40,314 36,032
Intangible assets, net 56,006 16,687
Goodwill 215,082 135,276
Other assets 70,955 60,183
Total long-term assets 657,443 493,057
Total assets 1,654,395 1,791,612
Current liabilities:    
Trade payables 12,328 5,735
Accrued expenses and other short-term liabilities 173,413 225,411
Deferred revenues 420,198 427,811
Total current liabilities 605,939 658,957
Long-term liabilities:    
Convertible senior notes, net 453,278 452,259
Operating lease liabilities 62,854 59,749
Deferred revenues 15,368 14,406
Other liabilities 72,463 7,585
Total long-term liabilities 603,963 533,999
Stockholders’ equity:    
Common stock of $0.001 par value - Authorized: 200,000,000 shares at June 30, 2026 and December 31, 2025; Issued and outstanding: 114,853,875 shares at June 30, 2026 and 117,546,852 shares at December 31, 2025 115 118
Accumulated other comprehensive income 27,159 23,132
Additional paid-in capital 1,370,361 1,444,885
Accumulated deficit (953,142) (869,479)
Total stockholders’ equity 444,493 598,656
Total liabilities and stockholders’ equity $ 1,654,395 $ 1,791,612