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Stockholders Equity (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Schedule of Share-based Payment Arrangement, Option, Activity

The following table summarizes the option award activity for the six months ended June 30, 2025 (in thousands, except share price, fair value and term):

			Number of Options																		Weighted- Average Exercise Price						Weighted- Average Remaining Contractual Term (in years)						Aggregate Intrinsic Value (in thousands)
			Total						Service based						Performance- based
Outstanding at December 31, 2024			12,201						7,759						4,442						$	17.66					4.78						$	100,945
Exercised			(1,478)						(1,210)						(268)						$	16.21
Forfeited or expired			(175)						(65)						(110)						$	19.25
Outstanding at June 30, 2025			10,548						6,484						4,064						$	17.83					4.34						$	70,038

Schedule of Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

The following table summarizes RSU and PSU activity and related information during the six months ended June 30, 2025 under the 2021 Plan (in thousands, except share price):

			Number of Shares						Weighted-Average Grant Date Fair Value
Unvested and outstanding as of December 31, 2024						14,057									$	23.73
Granted			12,680						17.71
Vested			(6,014)						22.41
Forfeited			(1,109)						25.16
Unvested and outstanding as of June 30, 2025			19,614						$	20.16

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions

The following table summarizes the weighted-average assumptions used in estimating the fair value of the ESPP for the offering periods during the six months ended June 30, 2025 and 2024 using the Black-Scholes pricing model:

			Six Months Ended June 30,
			2025						2024
ESPP:
Expected term (in years)			0.5 - 1.0						0.5 - 1.0
Expected volatility			38.8% - 44.3%						40.3% - 43.5%
Risk-free interest rate			4.1% - 4.3%						4.9% - 5.3%
Expected dividend rate			—%						—%
Fair value of common stock			$18.60						$32.46

Schedule of Share-based Payment Arrangement, Expensed and Capitalized, Amount

The stock-based compensation for all equity awards for the periods indicated below are as follows (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Cost of revenues			$	8,388					$	9,323					$	16,114					$	17,476
Research and development			22,038						16,257						39,461						34,493
Sales and marketing			22,591						21,021						41,877						39,963
General and administrative			17,375						18,898						33,118						37,668
Total stock-based compensation			$	70,392					$	65,499					$	130,570					$	129,600

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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