| Segment Information Significant Segment Expenses The following table presents our significant expense categories included in our reported measure of segment profitability for the periods presented (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Revenue | $ | 772 | | | $ | 655 | | | $ | 1,480 | | | $ | 1,253 | | | Less: | | | | | | | | | Headcount-related expenses, excluding share-based compensation | 318 | | | 298 | | | 622 | | | 586 | | | Direct product and service costs | 115 | | | 73 | | | 214 | | | 123 | | | Share-based compensation | 75 | | | 99 | | | 156 | | | 196 | | | Depreciation and amortization | 65 | | | 67 | | | 130 | | | 132 | | | Marketing and advertising costs | 74 | | | 64 | | | 119 | | | 107 | | Software and hardware costs | 39 | | | 27 | | | 73 | | | 53 | | | Third-party professional service fees | 40 | | | 19 | | | 71 | | | 36 | | | Restructuring costs | 36 | | | — | | | 36 | | | — | | | Facility expenses | 7 | | | 7 | | | 13 | | | 14 | | | Other items (1) | 13 | | | 12 | | | 20 | | | 26 | | Income (loss) from operations | (10) | | | (11) | | | 26 | | | (20) | | | Other income, net | 13 | | | 18 | | | 29 | | | 40 | | | Interest expense | (6) | | | (5) | | | (10) | | | (10) | | | Income tax expense | (1) | | | — | | | (3) | | | — | | | Net income (loss) | $ | (4) | | | $ | 2 | | | $ | 42 | | | $ | 10 | |
(1) Other items include data acquisition costs, insurance costs, and taxes.
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