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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 1,588,183 $ 1,435,846 $ 3,038,355 $ 2,713,047
Costs and expenses        
Cost of revenue 935,734 819,518 1,798,608 1,574,880
Operations and support 117,433 115,734 223,768 218,776
Research and development 109,325 98,807 221,820 198,830
Sales and marketing 190,922 176,370 372,939 321,842
General and administrative 232,339 252,643 447,639 488,896
Total costs and expenses 1,585,753 1,463,072 3,064,774 2,803,224
Income (loss) from operations 2,430 (27,226) (26,419) (90,177)
Interest expense (5,032) (7,852) (11,182) (14,900)
Other income, net 46,989 41,943 87,906 83,000
Income (loss) before income taxes 44,387 6,865 50,305 (22,077)
Provision for income taxes 4,073 1,851 7,424 4,444
Net income (loss) $ 40,314 $ 5,014 $ 42,881 $ (26,521)
Net income (loss) per share attributable to common stockholders        
Basic (in dollars per share) $ 0.10 $ 0.01 $ 0.10 $ (0.07)
Diluted (in dollars per share) $ 0.10 $ 0.01 $ 0.10 $ (0.07)
Weighted-average number of shares outstanding used to compute net income (loss) per share attributable to common stockholders        
Basic (in shares) 417,242 406,512 418,793 404,033
Diluted (in shares) 422,953 411,969 424,137 404,033
Cost of revenue        
Stock-based compensation included in costs and expenses:        
Stock-based compensation expense $ 5,484 $ 5,759 $ 12,939 $ 11,775
Operations and support        
Stock-based compensation included in costs and expenses:        
Stock-based compensation expense 2,471 1,895 5,123 3,989
Research and development        
Stock-based compensation included in costs and expenses:        
Stock-based compensation expense 33,894 27,340 72,157 57,172
Sales and marketing        
Stock-based compensation included in costs and expenses:        
Stock-based compensation expense 4,254 4,231 9,329 8,435
General and administrative        
Stock-based compensation included in costs and expenses:        
Stock-based compensation expense $ 35,999 $ 46,513 $ 75,712 $ 84,465