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CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Revenues | $ 761,088 | $ 603,704 | $ 425,636
Cost of revenues | 196,907 | 126,947 | 69,391
Gross profit | 564,181 | 476,757 | 356,245
Operating expenses: |  |  |
Research and development | 250,791 | 198,912 | 153,635
Selling and marketing | 307,718 | 249,178 | 204,435
General and administrative | 85,922 | 59,297 | 48,186
Total operating expenses | 644,431 | 507,387 | 406,256
Operating loss | (80,250) | (30,630) | (50,011)
Financial income (expenses), net | (3,621) | (2,794) | (5,015)
Other income (expenses) | 55 | (489) | 76
Loss before taxes on income | (83,816) | (33,913) | (54,950)
Taxes on income | 2,598 | 3,207 | 1,323
Net loss | (86,414) | (37,120) | (56,273)
Other comprehensive loss: |  |  |
Unrealized gains (loss) from marketable securities | 1,167 | (24) | (291)
Unrealized gains (loss) on cash flow hedge | 1,881 | (1,381) | 394
Other comprehensive income (loss) for the year | 3,048 | (1,405) | 103
Total comprehensive loss | $ (83,366) | $ (38,525) | $ (56,170)
Basic and diluted net loss per ordinary share | $ (1.71) | $ (0.77) | $ (1.24)
Creative Subscription [Member] |  |  |
Revenues | $ 644,491 | $ 525,350 | $ 391,347
Cost of revenues | 120,905 | 84,752 | 64,108
Business Solutions [Member] |  |  |
Revenues | 116,597 | 78,354 | 34,289
Cost of revenues | $ 76,002 | $ 42,195 | $ 5,283

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