v3.26.1
Interim Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 141,250 $ 124,457
Short-term deposits 146,759 161,049
Marketable securities 154,522 151,544
Trade receivables (net of allowance for credit losses of $456 and $506 as of June 30, 2026 and December 31, 2025, respectively) 110,782 104,972
Prepaid expenses and other current assets 21,514 19,630
Contract acquisition costs 6,466 6,595
Inventories 8,388 7,603
Total current assets 589,681 575,850
Non-current assets    
Other non-current assets 7,344 14,618
Marketable securities 103,185 97,959
Deferred tax assets, net 11,667 10,880
Property and equipment, net 24,552 22,209
Operating lease right-of-use assets 16,414 16,308
Intangible assets, net 121,909 81,469
Goodwill 119,559 119,559
Total non-current assets 404,630 363,002
Total assets 994,311 938,852
Current Liabilities    
Trade payables 18,113 16,834
Other accounts payable and accrued expenses 77,009 71,244
Deferred revenues 263,350 277,583
Operating lease liabilities 5,736 3,996
Total current liabilities 364,208 369,657
Long-term liabilities    
Other long-term liabilities 24,573 16,677
Deferred revenues 49,940 49,526
Operating lease liabilities 17,493 18,674
Total long-term liabilities 92,006 84,877
Total liabilities 456,214 454,534
Shareholders’ equity    
Share capital, NIS 0.00001 par value; 3,454,112,863 shares authorized, 250,827,709 and 248,622,818 shares issued and 250,785,933 and 248,581,042 shares outstanding as of June 30, 2026 and December 31, 2025, respectively [1]
Additional paid-in capital 605,809 568,721
Treasury share, NIS 0.00001 par value; 41,776 ordinary shares (85) (85)
Accumulated other comprehensive income 1,602 2,220
Accumulated deficit (69,229) (86,538)
Total shareholders’ equity 538,097 484,318
Total liabilities and shareholders’ equity $ 994,311 $ 938,852
[1] Less than 1 USD