v3.26.1
Segment and Geographical Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Revenues and Property and Equipment by Geographic Region
The following table summarizes revenues by geographic region based on customer billing address (in thousands):
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
United States$275,775 $251,390 $545,352 $498,446 
International36,669 31,879 72,411 64,528 
Total revenue$312,444 $283,269 $617,763 $562,974 
Long-Lived Assets, Net by Geographic Areas
The following table summarizes total property and equipment, net in the respective locations (in thousands):
June 30, 2026December 31, 2025
United States$164,206 $154,855 
International15,442 9,780 
Property and equipment, net$179,648 $164,635 
Segment Reporting, Reconciliation of Revenue by Segment to Consolidated
Segment Information - Consolidated Statements of Operations
Three Months Ended, Six Months Ended,
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Revenue$312,444 $283,269 $617,763 $562,974 
Adjusted cost of revenue(1)
(120,458)(104,724)(231,465)(209,814)
Adjusted research and development(2)
(32,054)(27,419)(61,699)(58,491)
Adjusted sales and marketing(3)
(70,285)(63,967)(141,205)(135,212)
Adjusted general and administrative(4)
(19,595)(19,209)(38,859)(38,804)
Other segment items(5)
(48,156)(54,862)(86,304)(98,503)
Depreciation and amortization(19,919)(14,649)(37,761)(29,139)
Interest expense(3,507)(3,820)(6,649)(7,935)
Interest income and other5,838 7,917 11,050 18,220 
Provision for income taxes(6)
(941)(1,382)(3,092)(1,566)
Net income $3,367 $1,154 $21,779 $1,730 
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(1) Adjusted cost of revenue includes cost of revenue in accordance with GAAP, adjusted for depreciation and amortization, stock-based compensation, acquisition and related transaction costs and one-time integration costs, and lease amortization for finance leases.
(2) Adjusted research and development includes research and development in accordance with GAAP, adjusted for depreciation and amortization, stock-based compensation, acquisition and related transaction costs and one-time integration costs, and lease amortization for finance leases.
(3) Adjusted sales and marketing includes sales and marketing expense in accordance with GAAP, adjusted for depreciation and amortization, stock-based compensation, acquisition and related transaction costs and one-time integration costs, and one-time expenses related to advisory services for long-term strategy and growth.
(4) Adjusted general and administrative includes general and administrative expense in accordance with GAAP, adjusted for depreciation and amortization, stock-based compensation, acquisition and related transaction costs and one-time integration costs, one-time expenses related to strategic consulting services for operational review, other cost-reduction and productivity initiatives, one-time expenses related to advisory
services for long-term strategy and growth, impairment charge related to consolidation of corporate headquarters, and legal fees related to the securities class action.
(5) Other segment items included in segment net income include stock-based compensation, acquisition and related transaction costs and one-time integration costs, lease amortization for finance leases, one-time expenses related to strategic consulting services for operational review, other cost-reduction and productivity initiatives, one-time expenses related to advisory services for long-term strategy and growth, impairment charge related to consolidation of corporate headquarters, and legal fees related to the securities class action.
(6) Non-GAAP adjustments do not have a material impact on our worldwide income tax provision due to the tax treatment of the non-GAAP adjustments reported, and our domestic valuation allowance position.