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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Total revenue $ 1,051,891 $ 707,319 $ 1,928,957 $ 1,374,881
Cost of revenue:        
Total cost of revenue 408,626 253,141 731,847 495,431
Gross profit 643,265 454,178 1,197,110 879,450
Operating expenses:        
Research and development 178,158 143,293 350,164 275,780
Sales and marketing 79,372 70,625 160,111 141,645
General and administrative 22,882 20,895 45,995 36,368
Total operating expenses 280,412 234,813 556,270 453,793
Income from operations 362,853 219,365 640,840 425,657
Other income (expense), net (533) 1,719 30,947 3,294
Income before income taxes 362,320 221,084 671,787 428,951
Provision for income taxes 63,221 24,196 100,429 51,697
Net income $ 299,099 $ 196,888 $ 571,358 $ 377,254
Net income per share        
Basic (in dollars per share) [1] $ 0.98 $ 0.64 $ 1.86 $ 1.23
Diluted (in dollars per share) [1] $ 0.94 $ 0.62 $ 1.80 $ 1.18
Weighted-average shares used in computing net income per share        
Basic (in shares) [1] 306,754 305,844 307,399 305,536
Diluted (in shares) [1] 316,581 318,840 318,040 318,708
Product        
Revenue:        
Total revenue $ 885,806 $ 566,467 $ 1,610,524 $ 1,105,612
Cost of revenue:        
Total cost of revenue 375,634 225,779 669,443 444,212
Service        
Revenue:        
Total revenue 166,085 140,852 318,433 269,269
Cost of revenue:        
Total cost of revenue $ 32,992 $ 27,362 $ 62,404 $ 51,219
[1] Prior periods have been adjusted to reflect the four-for-one stock split effected in the form of a stock dividend in November 2021.