Net Loss Per Share Attributable to Common Stockholders

3 Months Ended

Mar. 31, 2023

Net Loss Per Share Attributable to Common Stockholders

NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS

The following table sets forth the calculation of basic net loss per share attributable to common stockholders during the periods presented:


in thousands (except share amount)	Three Months Ended March 31,
	2023		2022
Numerator:
Net loss attributable to common shareholders	$	(258,964)	$	(292,325)
Denominator:
Weighted-average Class A and Class B shares used in computing net loss per share attributable to common stockholders, basic and diluted	599,314,127		575,700,568
Net loss per share attributable to common stockholders, basic and diluted	$	(0.43)	$	(0.51)

The net loss per share amounts are the same for the Class A and Class B common stock because the holders of each class are legally entitled to equal per share distributions, whether through dividends or in liquidation. Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share for all periods as the inclusion of all potential common shares outstanding would have been antidilutive. The following table discloses securities that could potentially dilute basic net loss per share in the future that were not included in the computation of diluted net loss per share because to do so would have been antidilutive for all periods presented:


	As of March 31, 2023	As of December 31, 2022
Qualtrics restricted stock units	80,141,929	76,672,908
Qualtrics options	1,346,011	1,467,828
Qualtrics employee stock purchase program	494,762	2,144,827