v3.26.1
Segment and Geographic Area Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment The following table sets forth the Company's reported segment revenue, segment profit or loss, and significant segment expenses:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
(in thousands)
Revenues$182,175 $164,062 $357,813 $323,961 
Less: Significant segment expenses
Cost of revenues (exclusive of stock-based compensation and amortization of intangible assets)27,664 26,258 54,953 52,454 
Research and development (exclusive of stock-based compensation and amortization of intangible assets)26,174 25,286 50,586 49,336 
Sales and marketing (exclusive of stock-based compensation)37,312 32,727 71,883 62,187 
General and administrative (exclusive of stock-based compensation)9,671 9,699 18,172 18,677 
Add: Other segment items (1)(1,080)999 (3,151)1,316 
Less: Stock-based compensation18,813 18,046 38,153 36,866 
Less: Amortization of intangible assets639 639 1,279 1,279 
Add: Interest income6,241 6,407 12,417 12,642 
Less: Income tax provision14,658 11,523 29,005 22,296 
Condensed consolidated net income$52,405 $47,290 $103,048 $94,824 

(1)Other segment items included in segment net income includes interest expense, realized and unrealized gain/loss on foreign exchange transactions, and impairment of non-marketable securities.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
Revenue by geographic area, based on the customer's billing address, is as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
(in thousands)(in thousands)
United States$100,273 $92,793 $197,033 $184,020 
Foreign81,902 71,269 160,780 139,941 
Total revenues$182,175 $164,062 $357,813 $323,961 
The measure of segment assets is reported on the balance sheet as total consolidated assets. Long-lived assets, which consist of Property and equipment, net and Operating leases - right of use asset, by geographic area, are as follows:
June 30,
2026
December 31,
2025
(in thousands)
United States$50,829 $50,183 
India18,189 16,937 
Rest of world1,757 2,047 
Total long-lived assets$70,775 $69,167