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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Loss Before Income Taxes | The components of the Company's loss before income taxes for the years ended December 31, 2024, 2023, and 2022 were as follows:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
| (in thousands)
Domestic | $ | (125,307) |  |  | $ | (210,547) |  |  | $ | (219,586) |
Foreign | 54,436 |  |  | 32,685 |  |  | 28,853 |
Total loss before income taxes | $ | (70,871) |  |  | $ | (177,862) |  |  | $ | (190,733) |
Schedule of Provision for (Benefit From) Income Taxes | The components of the Company's provision for (benefit from) income taxes for the years ended December 31, 2024, 2023, and 2022 were as follows:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
| (in thousands)
Current expense: |  |  |  |  |
Federal | $ | 1,681 |  |  | $ | 513 |  |  | $ | 332 |
State | 142 |  |  | 324 |  |  | 1 |
Foreign | 3,995 |  |  | 2,986 |  |  | 2,455 |
Total current provision for income taxes | $ | 5,818 |  |  | $ | 3,823 |  |  | $ | 2,788 |
Deferred expense (benefit): |  |  |  |  |
Federal | (1,205) |  |  | — |  |  | (1,124) |
State | (235) |  |  | — |  |  | (573) |
Foreign | 3,551 |  |  | 2,264 |  |  | 1,557 |
Total deferred provision for (benefit from) income taxes | $ | 2,111 |  |  | $ | 2,264 |  |  | $ | (140) |
Total provision for income taxes | $ | 7,929 |  |  | $ | 6,087 |  |  | $ | 2,648 |
Schedule of Reconciliation of U.S. Federal Statutory Rate to Effective Tax Rate | A reconciliation of the U.S. federal statutory rate to the Company's effective tax rate is as follows:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Expected benefit at U.S. federal statutory rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes, net of federal tax benefits | 0.1 |  |  | (0.1) |  |  | 0.2 |
Foreign income or losses taxed at different rates | 5.9 |  |  | 1.0 |  |  | 1.1 |
Stock-based compensation | 60.8 |  |  | 12.4 |  |  | 18.7 |
Non-deductible compensation | (9.4) |  |  | (0.9) |  |  | — |
Change in valuation allowance | (84.8) |  |  | (30.6) |  |  | (41.2) |
Withholding taxes | (2.3) |  |  | (0.3) |  |  | (0.2) |
Gain/loss on convertible senior notes | — |  |  | (5.1) |  |  | — |
Miscellaneous permanent items | (2.4) |  |  | (0.8) |  |  | (1.0) |
Total provision for income taxes | (11.1) | % |  | (3.4) | % |  | (1.4) | %
Schedule of Deferred Tax Assets and Liabilities | The components of the Company's deferred tax assets and liabilities as of December 31, 2024 and 2023 were as follows:
| Year Ended December 31,
| 2024 |  | 2023
| (in thousands)
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 442,764 |  |  | $ | 390,405 |
Tax credit carryforwards | 74,866 |  |  | 65,390 |
Capitalized research and development expenditures | 109,623 |  |  | 71,617 |
Operating lease liabilities | 43,135 |  |  | 36,609 |
Business interest carryforwards | — |  |  | 1,244 |
Stock-based compensation | 42,101 |  |  | 35,786 |
Accrued expenses and reserves | 5,812 |  |  | 4,650 |
Capitalized contract expenditures | 8,664 |  |  | 32,425 |
Other | 1,542 |  |  | 2,235 |
Gross deferred tax assets | 728,507 |  |  | 640,361 |
Valuation allowance | (630,590) |  |  | (552,165) |
Total deferred tax assets | $ | 97,917 |  |  | $ | 88,196 |
Deferred tax liabilities: |  |  |
Right-of-use assets | (40,579) |  |  | (33,337) |
Deferred commissions | (42,483) |  |  | (32,807) |
Capitalized internal-use software | (4,570) |  |  | (3,909) |
Depreciation and amortization | (21,849) |  |  | (25,045) |
Other | (38) |  |  | (57) |
Total deferred tax liabilities | $ | (109,519) |  |  | $ | (95,155) |
Net deferred tax liabilities | $ | (11,602) |  |  | $ | (6,959) |
Schedule of Reconciliation of Gross Unrecognized Tax Benefits | A reconciliation of the beginning and ending amount of the Company's total gross unrecognized tax benefits was as follows:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
| (in thousands)
Balance as of the beginning of the period | $ | 29,039 |  |  | $ | 23,940 |  |  | $ | 12,590 |
Increases for tax positions related to the prior year | 268 |  |  | 590 |  |  | 5,753 |
Decreases for tax positions related to the prior year | (1,232) |  |  | (243) |  |  | — |
Additions for tax positions related to the current year | 4,939 |  |  | 4,752 |  |  | 5,597 |
Balance as of the end of the period | $ | 33,014 |  |  | $ | 29,039 |  |  | $ | 23,940 |

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