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Segment Information | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company’s chief operating decision-maker ("CODM") is the chief executive officer and the executive management team. As of March 31, 2025, the Company is currently organized and operates as one operating and reportable segment. The Company is not organized by market and is managed and operated as one business. A single management team that reports to the chief executive officer comprehensively manages the entire business. The Company does not operate any material separate lines of business or separate business entities with respect to its services. Accordingly, the Company does not accumulate discrete financial information with respect to separate entities. The CODM assesses performance and makes decisions on optimizing the allocation of resources across functions and strategic investments using consolidated net income. Segment assets represent total assets as reported on the interim condensed consolidated balance sheets. Information regarding the Company's one operating segment for the three months ended March 31, 2025 and 2024 were as follows (in thousands):
| For the Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
Revenue | $ | 1,015,139 |  |  | $ | 986,970 |  |  |  |  |
Less: |  |  |  |  |  |  |
Co-location fees | 83,761 |  |  | 72,661 |  |  |  |  |
Bandwidth fees | 47,823 |  |  | 61,172 |  |  |  |  |
Network build-out and supporting services | 54,074 |  |  | 46,113 |  |  |  |  |
Payroll and related costs | 380,514 |  |  | 384,095 |  |  |  |  |
Capitalized salaries and related costs | (80,771) |  |  | (78,653) |  |  |  |  |
Facilities-related costs | 21,869 |  |  | 21,550 |  |  |  |  |
Software and related services | 20,118 |  |  | 17,791 |  |  |  |  |
Other segment items (1) | 46,712 |  |  | 45,354 |  |  |  |  |
Depreciation and amortization | 174,022 |  |  | 156,183 |  |  |  |  |
Stock-based compensation | 111,978 |  |  | 93,260 |  |  |  |  |
Restructuring charges | 361 |  |  | 544 |  |  |  |  |
Acquisition-related costs | 95 |  |  | 172 |  |  |  |  |
Interest and marketable securities income, net | (19,530) |  |  | (27,841) |  |  |  |  |
Interest expense | 6,750 |  |  | 6,818 |  |  |  |  |
Other income, net | (6,020) |  |  | (511) |  |  |  |  |
Income tax expense | 50,212 |  |  | 12,844 |  |  |  |  |
Net income | $ | 123,171 |  |  | $ | 175,418 |  |  |  |  |
(1) Other segment items includes marketing programs and related costs, third-party professional service fees, non-income related tax expense and other expenses.

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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/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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