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CONSOLIDATED INTERIM STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Revenues [1] $ 462,263 $ 496,764 $ 1,405,484 $ 1,389,731
Cost of revenues:        
Traffic acquisition cost [2] 277,633 324,079 880,717 901,299
Other cost of revenues 32,289 33,666 103,370 94,495
Total cost of revenues 309,922 357,745 984,087 995,794
Gross profit 152,341 139,019 421,397 393,937
Operating expenses:        
Research and development, net 36,688 37,867 114,703 111,305
Sales and marketing 64,657 70,090 204,378 207,228
General and administrative 24,086 24,557 75,763 75,117
Other income, net (3) 0 0 (77,000) 0
Total operating expenses 125,431 132,514 317,844 393,650
Operating Income (Loss) 26,910 6,505 103,553 287
Finance income (expenses), net (4) (2,736) 500 (2,948) (6,491)
Income (loss) before income taxes 24,174 7,005 100,605 (6,204)
Income tax expenses (5,809) (1,761) (18,857) (1,647)
Net income (loss) $ 18,365 $ 5,244 $ 81,748 $ (7,851)
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in dollars per share) $ 70.00 $ 20.00 $ 290 $ (20.00)
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in dollars per share) $ 60.00 $ 20.00 $ 280 $ (20.00)
Weighted-average shares used in computing net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in shares) 274,600,849,000 300,723,658,000 278,302,147,000 318,600,917,000
Weighted-average shares used in computing net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in shares) 285,802,613,000 305,679,079,000 290,216,810,000 318,600,917,000
[1] Includes revenues from related party of $68,205 and $52,106, for the three months ended September 30, 2026 and 2025, respectively, and $217,152 and $146,886 for the nine months ended September 30, 2026 and 2025, respectively.
[2]
(2) Includes traffic acquisition cost to related party of $94,739 and $93,088 for the three months ended September 30, 2026 and 2025, respectively, and $295,800 and $252,644 for the nine months ended September 30, 2026 and 2025, respectively.