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Revenue from Contracts with Customers
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer Revenue from Contracts with Customers
The following tables summarize subscription revenue and advertising revenue by region (in thousands):
Subscription
Years Ended December 31,
202420232022
United States and Canada (North America)$1,466,242 $1,217,905 $882,679 
Rest of world33,859 31,674 23,207 
Total subscription revenues$1,500,101 $1,249,579 $905,886 
Advertising
Years Ended December 31,
202420232022
United States and Canada (North America)$114,023 $114,247 $100,605 
Rest of world1,177 1,123 1,134 
Total advertising revenues$115,200 $115,370 $101,739 
Contract balances
For the years ended December 31, 2024, 2023, and 2022, the Company did not recognize material bad-debt expense and there were no material contract assets recorded on the accompanying consolidated balance sheet as of December 31, 2024 and 2023.
The contract liabilities primarily relate to upfront payments and consideration received from customers for subscription services. As of December 31, 2024 and 2023, the Company’s contract liabilities totaled $98.4 million and $90.2 million, respectively, and are recorded as deferred revenue on the accompanying consolidated balance sheets.
Transaction price allocated to remaining performance obligations
The Company does not disclose the transaction price allocated to remaining performance obligations since subscription and advertising contracts have an original expected term of one year or less.