| Schedule of Customer Accounting for 10% or More of Segment Revenue |
The following table presents financial information for each of the Company’s reportable segments (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | June 30, 2026 | | June 30, 2025 | | June 30, 2026 | | June 30, 2025 | | Advertising | | | | | | | | | Net revenue | $ | 672,816 | | | $ | 539,053 | | | $ | 1,285,521 | | | $ | 1,021,876 | | | Cost of revenue | 252,778 | | | 237,405 | | | 494,514 | | | 449,829 | | | Gross profit | 420,038 | | | 301,648 | | | 791,007 | | | 572,047 | | | Subscriptions | | | | | | | | | Net revenue | 548,153 | | | 436,418 | | | 1,066,678 | | | 834,412 | | | Cost of revenue | 321,439 | | | 240,390 | | | 626,848 | | | 444,472 | | | Gross profit | 226,714 | | | 196,028 | | | 439,830 | | | 389,940 | | | Devices | | | | | | | | | Net revenue | 133,721 | | | 135,567 | | | 251,370 | | | 275,422 | | | Cost of revenue | 106,777 | | | 135,585 | | | 243,575 | | | 294,706 | | | Gross profit (loss) | 26,944 | | | (18) | | | 7,795 | | | (19,284) | | | Total | | | | | | | | | Net revenue | 1,354,690 | | | 1,111,038 | | | 2,603,569 | | | 2,131,710 | | | Cost of revenue | 680,994 | | | 613,380 | | | 1,364,937 | | | 1,189,007 | | | Gross profit | $ | 673,696 | | | $ | 497,658 | | | $ | 1,238,632 | | | $ | 942,703 | |
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