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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net loss $ (100,783) $ (105,956) $ (189,694)
Adjustments to reconcile net loss to net cash provided by operating activities      
Stock-based compensation 238,425 186,880 174,835
Depreciation and amortization 110,576 89,753 71,633
Accretion of discounts on marketable debt securities, net (7,882) (12,830) (9,790)
Abandonment of long-lived assets 3,540 1,428 1,488
Noncash operating lease expense 5,839 11,102 13,092
Unrealized foreign currency (gain) loss, net (1,862) 2,304 (524)
Deferred income taxes (6,820) (881) (769)
(Benefit from) provision for credit losses (514) 591 8,052
(Increase) decrease in fair value of strategic investments (124) (454) 287
Changes in operating assets and liabilities, net of effect of asset acquisitions and business combinations      
Accounts receivable (39,817) (39,501) (57,492)
Deferred contract cost assets (51,965) (8,993) (9,306)
Prepaid expenses and other assets (5,698) (3,318) (6,368)
Accounts payable (8,173) 19,729 (938)
Accrued expenses and other liabilities 64,380 (15,501) 4,759
Deferred revenue 100,099 79,091 106,590
Operating lease liabilities 1,049 (7,272) (13,840)
Net cash provided by operating activities 300,270 196,172 92,015
Investing activities      
Purchases of property and equipment (18,100) (19,143) (10,325)
Capitalized software development costs (65,663) (49,529) (34,685)
Purchases of strategic investments (2,151) (2,367) (764)
Purchases of marketable securities (351,465) (491,475) (402,424)
Maturities of marketable securities 409,230 440,537 372,240
Sales of marketable securities 2,698 0 5,452
Originations of materials financing 0 0 (23,972)
Customer repayments of materials financing 0 1,605 26,242
Acquisition of businesses, net of cash acquired (41,515) (25,945) 0
Asset acquisitions, net of cash acquired (3,533) (3,792) (7,825)
Net cash used in investing activities (70,499) (150,109) (76,061)
Financing activities      
Proceeds from stock option exercises 11,809 15,737 17,618
Proceeds from employee stock purchase plan 26,332 24,069 25,400
Repurchases of common stock (128,838) 0 0
Payment of tax withholding for net share settlement (94,120) 0 0
Payment of deferred business combination consideration 0 (1,470) 0
Payment of deferred asset acquisition consideration (1,400) (81) 0
Principal payments under finance lease agreements, net of proceeds from lease incentives (1,636) (2,019) (1,853)
Net increase in funds held for customers 8,951 0 0
Net cash (used in) provided by financing activities (178,902) 36,236 41,165
Net increase in cash, cash equivalents and restricted cash 50,869 82,299 57,119
Effect of exchange rate changes on cash 1,655 (2,367) 855
Cash, cash equivalents and restricted cash, beginning of period 437,722 357,790 299,816
Cash, cash equivalents and restricted cash, end of period 490,246 437,722 357,790
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets      
Cash and cash equivalents at end of period 480,684 437,722 357,790
Restricted cash included in prepaid expenses and other current assets at end of period 611 0 0
Restricted cash for funds held for customers included in prepaid expenses and other current assets at end of period 8,951 0 0
Total cash, cash equivalents and restricted cash at end of period shown in the consolidated statements of cash flows 490,246 437,722 357,790
Supplemental disclosure of cash flow information      
Cash paid for interest other than finance leases 39 25 4
Stock-based compensation capitalized for cloud-computing arrangement costs 233 104 296
Cash received for lease incentives 10,523 2,620 789
Operating cash flows from finance leases 1,112 1,874 1,953
Operating cash flows from operating leases 12,058 11,871 15,971
Financing cash flows from finance leases 1,636 2,221 2,054
Noncash investing and financing activities      
Purchases of property and equipment included in accounts payable and accrued expenses at year end 2,596 1,638 754
Capitalized software development costs included in accounts payable and accrued expenses at year end 2,968 3,775 1,905
Deferred asset acquisition payment included in other current liabilities and other non-current liabilities at year end 600 1,400 1,405
Stock-based compensation capitalized for software development 19,398 13,235 9,421
Conversion of available-for-sale debt securities into equity securities 0 350 0
Right of use assets obtained in exchange for financing lease liabilities (10,305) 0 0
Right of use assets obtained in exchange for operating lease liabilities 12,954 (3,875) 15,385
Noncash net change due to operating lease remeasurement $ 0 $ (89) $ (115)