v3.26.3
Segment Information (Tables)
9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Financial Information for the Segment
The following table presents selected financial information for the Company’s single operating segment for the three and nine months ended September 30, 2026 and 2025 (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Revenue$676,043 $638,655 $1,977,253 $1,871,109 
Less:
Share-based compensation expense64,650 64,699 176,446 206,049 
Depreciation and amortization56,601 56,420 170,598 166,402 
Other segment items (1)
500,906 486,729 1,476,010 1,420,548 
Income from operations53,886 30,807 154,199 78,110 
Operating margin as % of revenue8.0 %4.8 %7.8 %4.2 %
Other income (expense), net
Interest expense(17,134)(13,940)(50,611)(46,521)
Other income (expense) (2)
(8,738)179 786 (3,239)
Other income (expense), net(25,872)(13,761)(49,825)(49,760)
Income before income taxes28,014 17,046 104,374 28,350 
(Benefit from) provision for income taxes(541,686)(513)(535,059)7,926 
Net income$569,700 $17,559 $639,433 $20,424 
(1)Other segment items mainly consist of personnel costs, third-party commissions, and advertising and marketing costs.
(2)Includes interest income of $0.8 million and $0.8 million for the three months ended September 30, 2026 and 2025, respectively, and $1.8 million and $2.4 million for the nine months ended September 30, 2026 and 2025, respectively.