XML 36 R5.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 1,760,650 $ 1,561,665 $ 1,387,666
Cost of Revenues 564,635 512,528 526,227
Gross profit 1,196,015 1,049,137 861,439
Research and development, net 495,281 481,293 482,861
Selling and marketing 425,457 399,577 492,886
General and administrative 175,136 160,033 171,045
Restructuring, Settlement and Impairment Provisions 0 32,614 0
Total operating expenses 1,095,874 1,073,517 1,146,792
Operating income (loss) 100,141 (24,380) (285,353)
Financial income (expenses), net 51,820 62,474 (183,513)
Other income (expenses) (36) (255) 1,023
Income (loss) before taxes on income 151,925 37,839 (467,843)
Income tax expense (benefit) 13,603 4,702 (42,980)
Net income (loss) 138,322 33,137 (424,863)
Other comprehensive income (loss):      
Unrealized gain (loss) from marketable securities, net 2,770 8,593 (10,756)
Unrealized gain (loss) on cash flow hedge, net 280 29,054 (21,643)
Other comprehensive income (loss) for the year, net 3,050 37,647 (32,399)
Total comprehensive loss $ 141,372 $ 70,784 $ (457,262)
Basic net loss per ordinary share (in USD per share) $ 2.49 $ 0.58 $ (7.33)
Diluted net loss per ordinary share (in USD per share) $ 2.36 $ 0.57 $ (7.33)
Creative Subscriptions      
Revenues $ 1,264,975 $ 1,152,007 $ 1,039,479
Cost of Revenues 213,422 215,515 251,587
Business Solutions      
Revenues 495,675 409,658 348,187
Cost of Revenues $ 351,213 $ 297,013 $ 274,640