v3.26.1
Segment and Geographic Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Reconciliation of Revenue from Segments to Consolidated The following table includes the Company's segment revenue, significant segment expenses, and other segment items to reconcile to net loss:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)
Revenue$696,061 $512,316 $1,335,816 $991,403 
Less:
Adjusted cost of revenue(1)
(187,183)(121,655)(361,236)(231,472)
Adjusted sales and marketing expense(1)
(232,452)(182,124)(459,978)(365,542)
Adjusted research and development expense(1)
(104,051)(83,601)(205,522)(160,421)
Adjusted general and administrative expense(1)
(76,264)(52,621)(139,872)(105,652)
Other segment items(2)
(266,092)(122,761)(362,116)(217,216)
Net loss$(169,981)$(50,446)$(192,908)$(88,900)
(1) Cost of revenue, sales and marketing expense, research and development expense, and general and administrative expense in the condensed consolidated statements of operations are adjusted to exclude stock-based compensation and related employer payroll taxes, amortization of acquired intangible assets, acquisition-related and other expenses, legal reserve and settlements, and lease impairment charges.
(2) Other segment items include the adjustments described in the notes above, as well as restructuring and other charges, interest income, interest expense, other income (expense), net and provision for income taxes in the condensed consolidated statements of operations.
Schedule of Property and Equipment, Net by Geographic Area
The Company’s property and equipment, net, by geographic area were as follows:
June 30, 2026December 31, 2025
(in thousands)
United States$375,019 $298,256 
Rest of the world328,190 320,435 
Total property and equipment, net$703,209 $618,691