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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 270,954 $ 202,482
Marketable securities 322,713 681,225
Short-term deposits 37,775 37,259
Accounts receivable (net of allowances of $1,787 and $1,260 at September 30, 2026 and December 31, 2025, respectively) 167,038 242,822
Prepaid expenses and other short-term assets 121,898 134,767
Total current assets 920,378 1,298,555
Long-term assets:    
Long-term marketable securities 306,342 187,202
Operating lease right-of-use assets 62,113 57,677
Property and equipment, net 38,753 36,032
Intangible assets, net 53,600 16,687
Goodwill 215,082 135,276
Other assets 70,680 60,183
Total long-term assets 746,570 493,057
Total assets 1,666,948 1,791,612
Current liabilities:    
Trade payables 8,677 5,735
Accrued expenses and other short-term liabilities 195,992 225,411
Deferred revenues 422,646 427,811
Total current liabilities 627,315 658,957
Long-term liabilities:    
Convertible senior notes, net 453,792 452,259
Operating lease liabilities 60,513 59,749
Deferred revenues 16,363 14,406
Other liabilities 75,058 7,585
Total long-term liabilities 605,726 533,999
Stockholders’ equity:    
Common stock of $0.001 par value - Authorized: 200,000,000 shares at September 30, 2026 and December 31, 2025; Issued and outstanding: 115,298,568 shares at September 30, 2026 and 117,546,852 shares at December 31, 2025 115 118
Accumulated other comprehensive income 13,038 23,132
Additional paid-in capital 1,415,544 1,444,885
Accumulated deficit (994,790) (869,479)
Total stockholders’ equity 433,907 598,656
Total liabilities and stockholders’ equity $ 1,666,948 $ 1,791,612