v3.26.1
Equity Incentive Plans and Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock-based Compensation Expense

The following table summarizes stock-based compensation expense by line item in the condensed consolidated statements of operations (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

$

563

 

 

$

574

 

 

$

1,090

 

 

$

1,072

 

Sales, general and administrative

 

 

4,743

 

 

 

8,041

 

 

 

10,348

 

 

 

16,116

 

Product development

 

 

629

 

 

 

720

 

 

 

1,191

 

 

 

1,469

 

Stock-based compensation expense, net of amounts capitalized (1)

 

$

5,935

 

 

$

9,335

 

 

$

12,629

 

 

$

18,657

 

Excess income tax benefits (deficiencies) related to stock-based compensation expense

 

$

108

 

 

$

(48

)

 

$

205

 

 

$

115

 

 

(1)
Stock-based compensation expense capitalized was not material for each of the periods presented.
Summary of Total Unrecognized Stock-Based Compensation Expense and Remaining Period

The following table summarizes by type of grant, the total unrecognized stock-based compensation expense and the remaining period over which such expense is expected to be recognized (in thousands, except number of years):

 

 

 

June 30, 2026

 

 

Unrecognized Expense

 

 

Remaining Weighted Average Period (In Years)

 

 

 

 

 

 

Stock options

 

$

14,008

 

 

2.9

RSUs

 

 

24,014

 

 

3.0

PSUs

 

 

4,505

 

 

2.5

ESPP

 

 

187

 

 

0.1

Total unrecognized stock-based compensation expense

 

$

42,714