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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 1,079,854 $ 1,246,983
Marketable securities 3,369,820 2,942,076
Accounts receivable, net of allowance for credit losses of $17,707 and $16,302 as of March 31, 2025 and December 31, 2024, respectively 490,172 598,919
Deferred contract costs, current 58,832 56,095
Prepaid expenses and other current assets 77,660 67,042
Total current assets 5,076,338 4,911,115
Property and equipment, net 249,916 226,970
Operating lease assets 203,074 172,512
Goodwill 361,738 360,381
Intangible assets, net 2,626 3,711
Deferred contract costs, non-current 90,501 86,573
Other assets 26,188 24,077
TOTAL ASSETS 6,010,381 5,785,339
CURRENT LIABILITIES:    
Accounts payable 98,442 107,731
Accrued expenses and other current liabilities 138,238 127,136
Operating lease liabilities, current 34,228 31,970
Convertible senior notes, net, current 634,780 634,023
Deferred revenue, current 949,135 961,853
Total current liabilities 1,854,823 1,862,713
Operating lease liabilities, non-current 227,974 196,905
Convertible senior notes, net, non-current 980,314 979,282
Deferred revenue, non-current 21,560 22,693
Other liabilities 9,036 9,383
Total liabilities 3,093,707 3,070,976
COMMITMENTS AND CONTINGENCIES (NOTE 8)
STOCKHOLDERS' EQUITY:    
Additional paid-in capital 2,860,643 2,689,013
Accumulated other comprehensive income (loss) 1,338 (4,701)
Retained earnings 54,690 30,048
Total stockholders’ equity 2,916,674 2,714,363
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 6,010,381 5,785,339
Class A Common Stock    
STOCKHOLDERS' EQUITY:    
Common stock, value 3 3
Class B Common Stock    
STOCKHOLDERS' EQUITY:    
Common stock, value $ 0 $ 0