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Segment Information (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Summary of Segment Revenue Significant Segment Expenses and Segment Net Loss The following table summarizes the Company’s segment revenue, significant segment expenses, and segment net loss:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Revenue

 

$

136,907

 

 

$

109,056

 

 

$

386,534

 

 

$

312,410

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

Compensation expense (1)

 

 

72,735

 

 

 

59,668

 

 

 

207,225

 

 

 

172,960

 

Share-based compensation expense

 

 

40,860

 

 

 

36,395

 

 

 

115,714

 

 

 

92,337

 

Other segment items (2)

 

 

39,743

 

 

 

35,938

 

 

 

120,204

 

 

 

93,151

 

Net loss

 

$

(16,431

)

 

$

(22,945

)

 

$

(56,609

)

 

$

(46,038

)

 

_________________________________________

(1) Compensation expense includes employee salaries, commissions, performance bonuses, payroll taxes, benefits, and outsourced labor costs.

(2) Other segment items include acquisition-related costs, amortization of intangibles, depreciation of property and equipment, hosting costs, marketing expense, professional service fees, reseller commission, software and subscription costs, other overhead expense, interest and other income, net, and income tax expense.

Summary of Long Lived Assets by Geographic Region The following table presents the Company’s long-lived assets by geographic region, which consist of property and equipment, net and operating lease right-of-use assets:

 

 

September 30, 2025

 

 

December 31, 2024

 

 

 

(in thousands)

 

United States

 

$

4,070

 

 

$

5,897

 

Israel

 

 

7,294

 

 

 

10,846

 

India

 

 

5,155

 

 

 

2,895

 

Rest of world

 

 

321

 

 

 

232

 

Total long-lived assets

 

$

16,840

 

 

$

19,870