v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 335,714 $ 246,664
Short-term investments 395,853 228,006
Accounts receivable, net of allowance for credit losses of $2,935 and $2,476 at September 30, 2026 and December 31, 2025, respectively 125,419 167,017
Deferred contract acquisition and fulfillment costs, current portion 45,657 48,370
Prepaid expenses and other current assets 35,227 47,230
Total current assets 937,870 737,287
Long-term investments 0 184,119
Property and equipment, net 26,637 31,990
Operating lease right-of-use assets 39,031 45,485
Deferred contract acquisition and fulfillment costs, non-current portion 65,820 66,978
Goodwill 593,334 575,268
Intangible assets, net 58,546 65,105
Other assets 14,831 20,232
Total assets 1,736,069 1,726,464
Current liabilities:    
Accounts payable 13,347 11,041
Accrued expenses and other current liabilities 90,376 96,998
Convertible senior notes, current portion, net 598,849 0
Operating lease liabilities, current portion 17,625 16,176
Deferred revenue, current portion 408,736 451,155
Total current liabilities 1,128,933 575,370
Convertible senior notes non-current portion, net 296,389 892,284
Operating lease liabilities, non-current portion 44,882 59,908
Deferred revenue, non-current portion 23,349 29,971
Other long-term liabilities 21,769 14,201
Total liabilities 1,515,322 1,571,734
Stockholders’ equity:    
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at September 30, 2026 and December 31, 2025; 0 shares issued and outstanding at September 30, 2026 and December 31, 2025 0 0
Common stock, $0.01 par value per share; 100,000,000 shares authorized at September 30, 2026 and December 31, 2025; 68,980,141 and 66,417,175 shares issued at September 30, 2026 and December 31, 2025, respectively; 68,409,886 and 65,846,920 shares outstanding at September 30, 2026 and December 31, 2025, respectively 683 658
Treasury stock, at cost, 570,255 shares at September 30, 2026 and December 31, 2025 (4,765) (4,765)
Additional paid-in-capital 1,179,415 1,120,963
Accumulated other comprehensive (loss) income (647) 2,527
Accumulated deficit (953,939) (964,653)
Total stockholders’ equity 220,747 154,730
Total liabilities and stockholders’ equity $ 1,736,069 $ 1,726,464