v3.26.3
Consolidated Statements of Operations (Unaudited) - 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]        
Revenue $ 692,469 $ 624,153 $ 1,992,059 $ 1,865,488
Cost of revenue 189,324 166,230 549,271 502,654
Gross profit 503,145 457,923 1,442,788 1,362,834
Operating expenses:        
Marketing 207,002 173,369 572,169 536,279
Product development 110,781 99,766 310,754 299,902
General and administrative 73,929 73,783 203,318 223,718
Asset impairment charge 0 0 0 101,703
Total operating expenses 391,712 346,918 1,086,241 1,161,602
Income from operations 111,433 111,005 356,547 201,232
Other income (expense):        
Interest expense (5,617) (5,685) (16,895) (12,862)
Interest and other income 19,452 14,282 43,581 31,619
Foreign exchange gain (loss) 3,433 548 9,699 (40,424)
Loss on sale of business 0 0 0 (5,097)
Other income (expense), net 17,268 9,145 36,385 (26,764)
Income from continuing operations before income taxes 128,701 120,150 392,932 174,468
Provision for income taxes from continuing operations (15,064) (15,554) (60,294) (59,321)
Net income from continuing operations 113,637 104,596 332,638 115,147
Discontinued operations:        
Income (loss) from discontinued operations before income taxes (including gain on sale of $839.7 million in the three and nine months ended September 30, 2026) 740,594 (28,065) 544,016 (64,556)
(Provision) benefit for income taxes from discontinued operations (714) (1,028) (107) 1,656
Net income (loss) from discontinued operations 739,880 (29,093) 543,909 (62,900)
Net income $ 853,517 $ 75,503 $ 876,547 $ 52,247
Basic net income from continuing operations per share attributable to common stockholders (in dollars per share) $ 1.25 $ 1.05 $ 3.53 $ 1.11
Total basic net income per share attributable to common stockholders (in dollars per share) 9.37 0.76 9.30 0.50
Diluted net income from continuing operations per share attributable to common stockholders (in dollars per share) 1.00 0.86 2.84 0.98
Total diluted net income per share attributable to common stockholders (in dollars per share) $ 7.31 $ 0.63 $ 7.36 $ 0.47
Weighted-average common shares outstanding:        
Basic (in shares) 91,099 99,334 94,273 103,660
Diluted (in shares) 117,235 124,957 120,441 124,024