v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 849,909 $ 781,084
Accounts receivable, net of allowance for doubtful accounts of $3,345 and $4,033 at September 30, 2026 and December 31, 2025, respectively 230,949 192,826
Inventories 30,747 38,203
Prepaid expenses and other current assets 114,405 107,016
Total current assets 1,226,010 1,119,129
Property and equipment, net 24,406 26,972
Goodwill 283,190 283,190
Intangible assets, net 1,117,143 1,297,087
Operating lease—right-of-use assets 21,849 26,119
Other assets 102,477 105,803
Total assets 2,775,075 2,858,300
Current liabilities:    
Accounts payable 46,339 47,967
Accrued expenses and other current liabilities 232,413 198,208
Accrued compensation 77,147 96,258
Deferred revenue, current 62,012 62,305
Convertible senior notes, net—current 997,593 0
Total current liabilities 1,415,504 404,738
Operating lease liabilities, net of current portion 28,125 34,204
Deferred revenue, net of current portion 9,122 9,139
Deferred taxes, net 26,993 28,945
Convertible senior notes, net—non-current 0 994,925
Other liabilities 608 643
Total liabilities 1,480,352 1,472,594
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, $0.001 par value; 300,000,000 shares authorized; 182,254,430 shares and 178,315,400 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 182 178
Additional paid-in capital 17,888,783 17,850,478
Accumulated deficit (16,559,901) (16,430,222)
Accumulated other comprehensive loss (34,341) (34,728)
Total stockholders’ equity 1,294,723 1,385,706
Total liabilities and stockholders’ equity $ 2,775,075 $ 2,858,300