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Segment and Geographic Information | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Segment and Geographic Information | Segment and Geographic Information The Company’s chief operating decision maker (CODM) is its CEO, President, and CFO, collectively. The Company has no segment managers who are held accountable by the CODM for operations, operating results, and planning for levels or components below the consolidated unit level. Accordingly, the Company has determined it has a single operating segment. The CODM uses consolidated net loss for purposes of allocating resources and evaluating financial performance, including monitoring actual results versus historical periods. Adjusted cost of revenue, adjusted sales and marketing, adjusted research and development and adjusted general and administrative expenses are considered significant segment expenses that are regularly provided to the CODM and included within consolidated net loss. The measure of segment assets is the total assets on the Company’s condensed consolidated balance sheets. Capital expenditures are reported on a consolidated basis on the Company’s condensed consolidated statements of cash flows. The following table includes the Company's segment revenue, significant segment expenses, and other segment items to reconcile to net loss:
| Three Months Ended June 30, |  | Six Months Ended June 30,
2025 |  | 2024 |  | 2025 |  | 2024
| (in thousands)
Revenue | $ | 512,316 |  |  | $ | 400,996 |  |  | $ | 991,403 |  |  | $ | 779,598 |
Less: |  |  |  |  |  |  |
Adjusted cost of revenue(1) | (121,655) |  |  | (84,381) |  |  | (231,472) |  |  | (161,906) |
Adjusted sales and marketing expense(1) | (182,124) |  |  | (149,509) |  |  | (365,542) |  |  | (306,261) |
Adjusted research and development expense(1) | (83,601) |  |  | (65,441) |  |  | (160,421) |  |  | (124,164) |
Adjusted general and administrative expense(1) | (52,621) |  |  | (44,712) |  |  | (105,652) |  |  | (87,871) |
Other segment items(2) | (122,761) |  |  | (72,031) |  |  | (217,216) |  |  | (150,017) |
Net loss | $ | (50,446) |  |  | $ | (15,078) |  |  | $ | (88,900) |  |  | $ | (50,621) |
(1) Cost of revenue, sales and marketing expense, research and development expense and general and administrative expense in the condensed consolidated statements of operations are adjusted to exclude stock-based compensation and related employer payroll taxes, amortization of acquired intangible assets, acquisition-related and other expenses, and lease impairment charges during the three and six months ended June 30, 2025 and 2024, and a one-time compensation charge during three months ended March 31, 2024. (2) Other segment items include the adjustments described in the notes above, as well as interest income, interest expense, other income (expense), net and provision for income taxes in the condensed consolidated statements of operations. Refer to Note 3 to these condensed consolidated financial statements for revenue by geography. The Company’s property and equipment, net, by geographic area were as follows:
| June 30, 2025 |  | December 31, 2024
| (in thousands)
United States | $ | 266,411 |  |  | $ | 233,818 |
Rest of the world | 280,938 |  |  | 233,602 |
Total property and equipment, net | $ | 547,349 |  |  | $ | 467,420 |
No single country other than the United States accounted for more than 10% of total property and equipment, net as of June 30, 2025 and December 31, 2024.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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