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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities    
Net loss $ (9,096) $ (32,989)
Adjustments to reconcile net loss to net cash provided by operating activities    
Stock-based compensation 57,000 48,279
Depreciation and amortization 29,167 26,855
Accretion of discounts on marketable debt securities, net (997) (2,425)
Abandonment of long-lived assets 1,398 354
Noncash operating lease expense 1,675 1,555
Unrealized foreign currency loss (gain), net 2,333 (1,136)
Deferred income taxes (4,057) 2,215
Benefit from credit losses (201) (909)
(Increase) decrease in fair value of strategic investments (104) 224
Changes in operating assets and liabilities    
Accounts receivable 103,880 86,327
Deferred contract cost assets (1,325) (6,569)
Prepaid expenses and other assets (10,677) (7,454)
Accounts payable (6,884) (11,070)
Accrued expenses and other liabilities (51,204) (9,880)
Deferred revenue (33,633) (26,568)
Operating lease liabilities (519) (781)
Net cash provided by operating activities 76,756 66,028
Investing activities    
Purchases of property and equipment (2,926) (4,033)
Capitalized software development costs (17,788) (15,331)
Purchases of strategic investments (531) (550)
Purchases of marketable securities 0 (134,598)
Maturities of marketable securities 18,391 135,787
Sales of marketable securities 106,731 0
Business combinations, net of cash acquired (158,896) (41,253)
Asset acquisition, net of cash acquired 0 (3,533)
Net cash used in investing activities (55,019) (63,511)
Financing activities    
Proceeds from stock option exercises 2,503 2,314
Repurchases of common stock (100,035) (100,029)
Payment of tax withholding for net share settlement (15,291) (28,277)
Principal payments under finance lease agreements, net of proceeds from lease incentives (424) (388)
Payment of deferred asset acquisition consideration (300) 0
Net increase in funds held for customers 3,830 0
Net cash used in financing activities (109,717) (126,380)
Net decrease in cash, cash equivalents, and restricted cash (87,980) (123,863)
Effect of exchange rate changes on cash (2,872) (125)
Cash, cash equivalents, and restricted cash, beginning of period 490,246 437,722
Cash, cash equivalents, and restricted cash, end of period 399,394 313,734
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets    
Cash and cash equivalents at end of period 386,035 313,734
Restricted cash included in prepaid expenses and other current assets at end of period 578 0
Restricted cash for funds held for customers included in prepaid expenses and other current assets at end of period 12,781 0
Total cash, cash equivalents, and restricted cash at end of period shown in the condensed consolidated statements of cash flows 399,394 313,734
Supplemental disclosure of cash flow information    
Cash paid for income taxes, net of refunds received 1,007 558
Stock-based compensation capitalized for cloud-computing arrangement costs 19 (14)
Cash received for lease incentives 1,550 200
Operating cash flows from finance leases 268 284
Operating cash flows from operating leases 4,753 1,183
Financing cash flows from finance leases 424 388
Noncash investing and financing activities:    
Purchases of property and equipment included in accounts payable and accrued expenses at period end 3,464 943
Capitalized software development costs included in accounts payable and accrued expenses at period end 3,295 3,890
Deferred asset acquisition payment included in other current and non-current liabilities and accrued expenses at period end 300 2,035
Excise taxes related to repurchases of common stock included in other current liabilities at period end 580 411
Stock-based compensation capitalized for software development 4,318 4,137
Operating right of use assets obtained or modified in exchange for lease liabilities 13,515 4,516
Financing lease right of use asset modified to operating lease $ 0 $ (10,305)