v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total revenue $ 210,883 $ 214,193 $ 420,574 $ 424,446
Cost of revenue:        
Total cost of revenue 65,545 63,059 130,294 122,539
Total gross profit 145,338 151,134 290,280 301,907
Operating expenses:        
Research and development 47,073 47,227 95,427 95,115
Sales and marketing 76,186 79,247 155,120 158,647
General and administrative 17,385 21,166 35,597 44,752
Restructuring 1,675 0 1,675 0
Total operating expenses 142,319 147,640 287,819 298,514
Income from operations 3,019 3,494 2,461 3,393
Other income (expense), net:        
Interest income 5,539 5,514 11,151 11,272
Interest expense (2,533) (2,627) (5,031) (5,281)
Other (expense) income, net (162) 3,957 (888) 5,759
Income before income taxes 5,863 10,338 7,693 15,143
(Benefit) provision for income taxes (210) 2,000 490 4,700
Net income $ 6,073 $ 8,338 $ 7,203 $ 10,443
Net income per share, basic (in dollars per share) $ 0.09 $ 0.13 $ 0.11 $ 0.16
Net income per share, diluted (in dollars per share) $ 0.09 $ 0.13 $ 0.11 $ 0.16
Weighted-average common shares outstanding, basic (in shares) 67,024,154 64,441,000 66,601,615 64,140,087
Weighted-average common shares outstanding, diluted (in shares) 67,919,961 64,696,992 67,415,140 64,462,318
Product subscriptions        
Revenue:        
Total revenue $ 205,051 $ 208,097 $ 409,100 $ 412,032
Cost of revenue:        
Total cost of revenue 59,925 57,236 119,079 111,604
Professional services        
Revenue:        
Total revenue 5,832 6,096 11,474 12,414
Cost of revenue:        
Total cost of revenue $ 5,620 $ 5,823 $ 11,215 $ 10,935