| Schedule of Stock Option Activity |
A summary of stock option activity for the six months ended June 30, 2026 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Number of Shares (in thousands) | | Weighted-Average Exercise Price | | Weighted-Average Remaining Contractual Term (in years) | | Aggregate Intrinsic Value (in thousands) | | Outstanding at December 31, 2025 | 2,262 | | | $ | 33.78 | | | 1.8 | | $ | 4,420 | | | | | | | | | | | Exercised | (427) | | | 20.47 | | | | | | | Canceled | (3) | | | 19.55 | | | | | | | Outstanding at June 30, 2026 | 1,832 | | | $ | 36.90 | | | 1.7 | | $ | — | | | Options vested and exercisable at June 30, 2026 | 1,832 | | | $ | 36.90 | | | 1.7 | | $ | — | |
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| Schedule of RSU Activity |
A summary of RSU and PRSU activity for the six months ended June 30, 2026 is as follows (in thousands, except per share amounts): | | | | | | | | | | | | | Number of Shares | | Weighted-Average Grant Date Fair Value | | Nonvested at December 31, 2025 | 4,898 | | | $ | 38.72 | | | Granted | 3,997 | | | 28.65 | | Vested(1) | (1,946) | | | 34.74 | | | Canceled | (575) | | | 36.47 | | Nonvested at June 30, 2026(2) | 6,374 | | | $ | 33.82 | | Expected to vest at June 30, 2026(2) | 6,347 | | | $ | 33.86 | |
(1) Includes approximately 0.8 million shares that vested but were not issued due to the Company’s use of net share settlement for payment of employee taxes. (2) Includes approximately 0.8 million PRSUs.
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| Schedule of Stock-Based Compensation Expense |
The following table summarizes the effects of stock-based compensation expense related to stock-based awards in the condensed consolidated statements of operations during the periods presented (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Cost of revenue | $ | 1,242 | | | $ | 1,070 | | | $ | 2,382 | | | $ | 2,241 | | | Sales and marketing | 6,082 | | | 7,295 | | | 12,536 | | | 14,934 | | | Product development | 10,671 | | | 17,846 | | | 25,381 | | | 37,255 | | | General and administrative | 7,754 | | | 8,564 | | | 15,957 | | | 17,814 | | | Total stock-based compensation recorded to income before income taxes | 25,749 | | | 34,775 | | | 56,256 | | | 72,244 | | | Benefit from income taxes | (5,434) | | | (7,008) | | | (11,398) | | | (14,419) | | | Total stock-based compensation recorded to net income attributable to common stockholders | $ | 20,315 | | | $ | 27,767 | | | $ | 44,858 | | | $ | 57,825 | |
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