v3.26.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenue:        
Total revenue $ 212,404 $ 217,960 $ 632,978 $ 642,406
Cost of revenue:        
Total cost of revenue 64,553 64,984 194,847 187,523
Total gross profit 147,851 152,976 438,131 454,883
Operating expenses:        
Research and development 39,638 46,914 135,065 142,029
Sales and marketing 65,645 79,296 220,765 237,943
General and administrative 23,630 20,863 59,227 65,615
Restructuring 9,988 0 11,663 0
Total operating expenses 138,901 147,073 426,720 445,587
Income from operations 8,950 5,903 11,411 9,296
Other income (expense), net:        
Interest income 6,003 6,167 17,154 17,439
Interest expense (2,574) (2,585) (7,605) (7,866)
Other (expense) income, net (5,808) (173) (6,696) 5,586
Income before income taxes 6,571 9,312 14,264 24,455
Provision (benefit) for income taxes 3,060 (497) 3,550 4,203
Net income $ 3,511 $ 9,809 $ 10,714 $ 20,252
Net income per share, basic (in dollars per share) $ 0.05 $ 0.15 $ 0.16 $ 0.31
Net income per share, diluted (in dollars per share) $ 0.05 $ 0.15 $ 0.16 $ 0.31
Weighted-average common shares outstanding, basic (in shares) 67,613,584 64,967,114 66,968,562 64,404,649
Weighted-average common shares outstanding, diluted (in shares) 70,172,655 65,181,941 68,338,147 64,691,079
Product subscriptions        
Revenue:        
Total revenue $ 206,086 $ 210,146 $ 615,186 $ 622,178
Cost of revenue:        
Total cost of revenue 59,049 58,263 178,128 169,867
Professional services        
Revenue:        
Total revenue 6,318 7,814 17,792 20,228
Cost of revenue:        
Total cost of revenue $ 5,504 $ 6,721 $ 16,719 $ 17,656