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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 204,459 $ 147,691
Available-for-sale securities 1,710,415 1,708,228
Accounts receivable, net 286,319 316,753
Contract assets 15,988 16,568
Restricted cash short-term 4,373 4,273
Prepaid expenses and other current assets 402,737 75,484
Total current assets 2,624,291 2,268,997
Property and equipment, net 513,866 467,420
Goodwill 181,087 181,087
Acquired intangible assets, net 23,896 21,865
Operating lease right-of-use assets 178,091 168,379
Deferred contract acquisition costs, noncurrent 174,543 172,217
Restricted cash 2,250 2,250
Other noncurrent assets 23,235 18,947
Total assets 3,721,259 3,301,162
Current liabilities:    
Accounts payable 93,781 105,807
Accrued expenses and other current liabilities 89,615 81,602
Accrued compensation 76,457 80,854
Operating lease liabilities 53,062 47,626
Deferred revenue 508,094 477,765
Total current liabilities 821,009 793,654
Convertible senior notes, net 1,288,311 1,287,321
Operating lease liabilities, noncurrent 134,521 128,266
Deferred revenue, noncurrent 27,555 22,095
Other noncurrent liabilities 23,985 23,625
Total liabilities 2,295,381 2,254,961
Commitments and contingencies (Note 8)
Stockholders’ Equity    
Additional paid-in capital 2,562,972 2,152,750
Accumulated deficit (1,141,094) (1,102,640)
Accumulated other comprehensive income (loss) 3,654 (4,253)
Total stockholders’ equity 1,425,878 1,046,201
Total liabilities and stockholders’ equity 3,721,259 3,301,162
Class A common stock    
Stockholders’ Equity    
Common stock, value, issued 309 307
Class B common stock    
Stockholders’ Equity    
Common stock, value, issued $ 37 $ 37