v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (83,663) $ (71,607)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 11,535 4,988
Stock-based compensation 68,358 66,114
Amortization of deferred commissions 30,570 25,141
Non-cash operating lease costs 5,401 4,952
Amortization of debt issuance costs 1,019 1,774
Amortization of premium and accretion of discount on marketable securities, net 1,511 414
Deferred income taxes, net (9,652) 0
Remeasurement of options to repurchase common stock 2,091 0
Changes in assets and liabilities:    
Accounts receivable 91,926 39,004
Prepaid expenses and other short-term assets (4,129) 1,427
Deferred commissions (41,294) (35,592)
Other long-term assets (8,786) (1,120)
Trade payables 6,592 2,802
Accrued expenses and other short-term liabilities 13,635 15,953
Deferred revenues (6,669) 34,070
Other long-term liabilities 1,678 1,029
Net cash provided by operating activities 80,123 89,349
Cash flows from investing activities:    
Proceeds from maturities of marketable securities 240,895 126,000
Proceeds from sales of marketable securities 141,319 0
Investment in marketable securities (157,589) (57,654)
Proceeds from short-term and long-term deposits 96,517 99,750
Investment in short-term and long-term deposits (96,932) (96,388)
Acquisitions, net of cash acquired (113,622) (18,584)
Purchases of property and equipment (9,352) (5,716)
Capitalized internal-use software (1,720) (975)
Other investing activities 0 (1,500)
Net cash provided by investing activities 99,516 44,933
Cash flows from financing activities:    
Repurchase of common stock (135,000) (100,000)
Payment of deferred consideration for acquisition (3,502) 0
Proceeds from options to repurchase common stock 2,900 0
Proceeds from employee stock plans 7,970 7,163
Taxes paid related to net share settlement of equity awards (20,846) (27,799)
Net cash used in financing activities (148,478) (120,636)
Increase in cash and cash equivalents 31,161 13,646
Cash and cash equivalents at beginning of period 202,482 185,585
Cash and cash equivalents at end of period   199,231
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 562 5,266
Cash paid for interest 2,301 3,945
Supplemental disclosure of non-cash activities:    
Lease liabilities arising from obtaining right-of-use assets 6,869 702
Liability related to acquisition holdback 0 3,502
Common stock issued for debt conversion $ 0 $ 151