v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 494,392 $ 480,684
Marketable securities, current (amortized cost of $161,652 and $287,337 at June 30, 2026 and December 31, 2025, respectively) 161,522 287,802
Accounts receivable, net of allowance for credit losses of $4,550 and $4,654 at June 30, 2026 and December 31, 2025, respectively 241,441 287,805
Contract cost asset, current 61,758 55,384
Prepaid expenses and other current assets 83,475 55,157
Total current assets 1,042,588 1,166,832
Marketable securities, non-current (amortized cost of $0 and $42,529 at June 30, 2026 and December 31, 2025, respectively) 0 42,529
Property and equipment, net 50,538 48,624
Right of use assets - finance leases 28 19,619
Right of use assets - operating leases 47,603 36,024
Contract cost asset, non-current 88,233 79,004
Goodwill 688,407 574,083
Other assets 32,667 24,758
Total assets 2,243,738 2,239,065
Current liabilities    
Accounts payable 33,094 25,168
Accrued expenses 113,829 130,280
Deferred revenue, current 673,491 687,062
Other current liabilities 70,748 42,047
Total current liabilities 891,162 884,557
Deferred revenue, non-current 5,180 6,041
Finance lease liabilities, non-current 2 26,557
Operating lease liabilities, non-current 58,813 45,855
Other liabilities, non-current 10,131 13,793
Total liabilities 965,288 976,803
Commitments and contingencies (Note 9)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 100,000,000 shares authorized at June 30, 2026 and December 31, 2025; 0 shares issued and outstanding at June 30, 2026 and December 31, 2025. 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized at June 30, 2026 and December 31, 2025; 151,885,923 and 151,708,564 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively. 15 15
Additional paid-in capital 2,618,652 2,609,093
Accumulated other comprehensive loss (2,467) (1,270)
Accumulated deficit (1,337,750) (1,345,576)
Total stockholders’ equity 1,278,450 1,262,262
Total liabilities and stockholders’ equity 2,243,738 2,239,065
Software, Internally Developed and Purchased    
Current assets    
Intangible assets, net 152,740 142,228
All Intangible Assets, Excluding Software    
Current assets    
Intangible assets, net $ 140,934 $ 105,364