v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Net revenues $ 293,329 $ 410,427 $ 868,083 $ 1,129,664
Cost of revenues 166,211 214,188 465,558 594,691
Gross profit 127,118 196,239 402,525 534,973
Operating expenses:        
Research and development 45,199 47,266 135,724 142,861
Sales and marketing 45,110 48,429 138,742 148,085
General and administrative 30,395 33,098 94,984 101,168
Restructuring and asset impairment (52) 1,287 4,733 7,771
Total operating expenses 120,652 130,080 374,183 399,885
Income from operations 6,466 66,159 28,342 135,088
Other income (expense), net        
Interest income 16,912 15,429 41,691 47,372
Interest expense (327) (830) (1,287) (3,692)
Other expense, net (26,622) (3,739) (24,278) (12,651)
Total other income (expense), net (10,037) 10,860 16,126 31,029
Income (loss) before income taxes (3,571) 77,019 44,468 166,117
Income tax benefit (provision) 26,958 (10,381) 7,592 (32,697)
Net income $ 23,387 $ 66,638 $ 52,060 $ 133,420
Net income per share:        
Basic (in usd per share) $ 0.18 $ 0.51 $ 0.39 $ 1.02
Diluted (in usd per share) $ 0.17 $ 0.50 $ 0.39 $ 1.01
Shares used in per share calculation:        
Basic (in shares) 132,222 130,797 131,844 131,228
Diluted (in shares) 135,198 132,995 135,001 133,439