Segments (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Segment Reporting Information

The following table provides information about the Company's reportable segments and a reconciliation of the total segment adjusted EBITDA to income (loss) before income taxes (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Revenue:
Software Platform	$	504,452	$	306,592	$	1,265,273	$	742,972
Apps	359,804		406,507		1,064,553		1,371,779
Total Revenue	$	864,256	$	713,099	$	2,329,826	$	2,114,751

Segment Adjusted EBITDA:
Software Platform	$	364,117	$	190,256	$	855,697	$	622,555
Apps	55,174		67,381		170,806		181,055
Total Segment Adjusted EBITDA	$	419,291	$	257,637	$	1,026,503	$	803,610

Interest expense and loss on settlement of debt	$	(78,583)	$	(48,627)	$	(204,081)	$	(117,141)
Interest income and other, net	771		3,604		26,359		8,473
Amortization, depreciation and write-offs	(121,797)		(163,830)		(369,897)		(445,507)
Non-operating foreign exchange gain	613		406		1,159		1,683
Stock-based compensation	(110,839)		(42,147)		(275,058)		(143,943)
Acquisition-related expense	(231)		(4,317)		(995)		(21,052)
Publisher bonuses	—		—		—		(209,635)
MoPub acquisition transition services	—		—		—		(6,999)
Restructuring costs	—		(1,117)		(2,316)		(8,494)
Income (loss) before income taxes	$	109,225	$	1,609	$	201,674	$	(139,005)