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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Total revenue $ 475,633 $ 330,147
Cost of revenue    
Total cost of revenue 102,450 94,658
Gross profit 373,183 235,489
Operating expenses    
Selling and marketing 138,069 127,695
Research and development 74,286 72,113
General and administrative 33,828 23,527
Litigation settlement, net of recoveries 0 32,403
Restructuring 11 163
Total operating expenses 246,194 255,901
Income (loss) from operations 126,989 (20,412)
Foreign currency transaction (loss) (5,325) (3,262)
Interest income 5,335 5,281
Interest expense (1,027) (1,752)
(Loss) income on capped call transactions (223) 3,299
Other income, net 561 1,684
Income (loss) before provision for (benefit from) income taxes 126,310 (15,162)
Provision for (benefit from) income taxes 40,888 (3,038)
Net income (loss) $ 85,422 $ (12,124)
Earnings (loss) per share    
Basic (in dollars per share) $ 0.99 $ (0.14)
Diluted (in dollars per share) $ 0.91 $ (0.14)
Weighted-average number of common shares outstanding    
Basic (in shares) 85,902 84,266
Diluted (in shares) 94,413 84,266
Subscription services    
Revenue    
Total revenue $ 227,491 $ 211,903
Cost of revenue    
Total cost of revenue 38,128 35,824
Subscription license    
Revenue    
Total revenue 186,555 63,338
Cost of revenue    
Total cost of revenue 386 643
Consulting    
Revenue    
Total revenue 60,421 54,047
Cost of revenue    
Total cost of revenue 63,934 58,182
Perpetual license    
Revenue    
Total revenue 1,166 859
Cost of revenue    
Total cost of revenue $ 2 $ 9