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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 467,094 $ 421,297
Short-term marketable securities 1,980,983 1,963,102
Accounts receivable, net 577,624 588,540
Prepaid expenses and other current assets 442,155 474,360
Total current assets 3,467,856 3,447,299
Property and equipment, net 183,613 191,042
Operating right-of-use assets 48,914 53,405
Equity method investment 464,580 485,835
Intangible assets, net 211,315 238,503
Goodwill 5,243,266 5,243,266
Other long-term assets 195,171 206,122
Total assets 9,814,715 9,865,472
Current liabilities:    
Accounts payable 107,707 100,169
Accrued expenses and other current liabilities 432,300 530,686
Deferred revenue and customer deposits 154,047 155,680
Operating lease liability, current 31,886 33,685
Total current liabilities 725,940 820,220
Operating lease liability, noncurrent 78,048 85,875
Long-term debt, net 991,006 990,587
Other long-term liabilities 15,430 15,824
Total liabilities 1,810,424 1,912,506
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock 0 0
Class A common stock 153 153
Additional paid-in capital 15,625,545 15,476,124
Accumulated other comprehensive income (loss) 10,358 (1,301)
Accumulated deficit (7,631,765) (7,522,010)
Total stockholders’ equity 8,004,291 7,952,966
Total liabilities and stockholders’ equity $ 9,814,715 $ 9,865,472