| Schedule of Segment Information |
Information regarding the Company's one operating segment for the three and six months ended June 30, 2026 and 2025 was as follows (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Revenue | $ | 1,099,682 | | | $ | 1,043,494 | | | $ | 2,173,292 | | | $ | 2,058,633 | | | Less: | | | | | | | | | Co-location costs | 99,494 | | | 87,189 | | | 198,364 | | | 170,950 | | | Bandwidth fees | 53,521 | | | 45,647 | | | 106,330 | | | 93,470 | | | Network build-out and supporting services | 74,415 | | | 58,223 | | | 141,798 | | | 112,297 | | | Payroll and related costs | 439,495 | | | 391,431 | | | 866,819 | | | 771,945 | | | Capitalized salaries and related costs | (88,846) | | | (80,183) | | | (178,868) | | | (160,954) | | | Facilities-related costs | 22,906 | | | 21,274 | | | 43,681 | | | 43,143 | | | Software and related services | 21,577 | | | 21,403 | | | 41,545 | | | 41,521 | | Other segment items (1) | 61,396 | | | 54,435 | | | 111,549 | | | 101,147 | | | Depreciation and amortization | 185,537 | | | 175,461 | | | 369,288 | | | 349,483 | | | Stock-based compensation | 146,290 | | | 112,776 | | | 274,971 | | | 224,754 | | | Restructuring charge | 1,825 | | | 3,103 | | | 2,008 | | | 3,464 | | Acquisition-related (benefit) costs | 1,788 | | | 1,274 | | | 1,029 | | | 1,369 | | | Interest and marketable securities income, net | (31,672) | | | (14,129) | | | (49,219) | | | (33,659) | | | Interest expense | 9,078 | | | 8,201 | | | 17,335 | | | 14,951 | | | Other expense (income), net | 2,851 | | | 5,451 | | | 4,637 | | | (569) | | Provision for income taxes | 20,623 | | | 48,320 | | | 36,302 | | | 98,532 | | | | | | | | | | | Net income | $ | 79,404 | | | $ | 103,618 | | | $ | 185,723 | | | $ | 226,789 | |
(1) Other segment items includes marketing programs and related costs, third-party professional service fees, non-income related tax expense and other expenses.
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