v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net revenues $ 196,619 $ 152,640 $ 356,521 $ 277,541
Cost of goods sold 48,764 50,394 100,368 90,836
Gross profit 147,855 102,246 256,153 186,705
Operating expenses        
Selling 43,702 34,433 80,141 67,111
Marketing 28,511 23,151 58,004 41,307
General and administrative 40,380 34,747 78,263 68,583
Total operating expenses 112,593 92,331 216,408 177,001
Net income from operations 35,262 9,915 39,745 9,704
Other income, net        
Interest income 2,145 2,119 4,384 4,195
Other expense (526) (3) (803) (4)
Total other income, net 1,619 2,116 3,581 4,191
Net income before provision for income taxes 36,881 12,031 43,326 13,895
Provision for income taxes 8,502 4,932 8,659 6,898
Net income $ 28,379 $ 7,099 $ 34,667 $ 6,997
Earnings attributable to Class A and Class B common stockholders        
Basic earnings per share (in USD per share) $ 0.17 $ 0.04 $ 0.21 $ 0.04
Diluted earnings per share (in USD per share) $ 0.15 $ 0.04 $ 0.18 $ 0.04
Weighted-average shares outstanding        
Weighted-average shares outstanding—basic (in shares) 166,467,633 162,683,329 166,463,880 162,575,259
Weighted-average shares outstanding—diluted (in shares) 195,139,642 172,929,960 195,614,990 173,517,269