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Stock-Based Compensation (Tables) | 6 Months Ended
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Jun. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock-based Compensation Expense | Stock-based compensation expense was recorded in the following cost and expense categories consistent with the respective employee or service provider’s related cash compensation (in thousands):
| Three months ended June 30, |  | Six months ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Cost of revenue |  |  |  |  |  |  |
Subscription and support | $ | 2,511 |  |  | $ | 1,943 |  |  | $ | 4,944 |  |  | $ | 3,544 |
Professional services | 1,106 |  |  | 763 |  |  | 2,102 |  |  | 1,490 |
Operating expenses |  |  |  |  |  |  |
Research and development | 6,556 |  |  | 5,152 |  |  | 12,606 |  |  | 9,793 |
Sales and marketing | 9,890 |  |  | 8,490 |  |  | 19,641 |  |  | 16,528 |
General and administrative | 8,404 |  |  | 9,054 |  |  | 17,062 |  |  | 17,054 |
Total | $ | 28,467 |  |  | $ | 25,402 |  |  | $ | 56,355 |  |  | $ | 48,409 |
Schedule of Stock-Option Activity | The following table summarizes the option activity under the Plan for the six months ended June 30, 2025:
| Options |  | Weighted- Average Exercise Price |  | Weighted- Average Remaining Contractual Term (Years) |  |
Outstanding at December 31, 2024 | 892,396 |  |  | $ | 14.09 |  |  | 1.7 |  |
Exercised | (166,937) |  |  | 14.58 |  |  |  |  |
Outstanding at June 30, 2025 | 725,459 |  |  | $ | 13.98 |  |  | 1.4 |  |
Exercisable at June 30, 2025 | 725,459 |  |  | $ | 13.98 |  |  | 1.4 |  |
Schedule of Restricted Stock Units and Performance Restricted Stock Units Activity | The following table summarizes the restricted stock unit and performance restricted stock unit activity under the Plan for the six months ended June 30, 2025:
| Number of Shares |  | Weighted- Average Grant Date Fair Value
Unvested at December 31, 2024 | 2,723,666 |  |  | $ | 91.56 |
Granted | 1,403,595 |  |  | 93.58 |
Forfeited | (145,402) |  |  | 91.00 |
Vested(1) | (801,549) |  |  | 97.25 |
Unvested at June 30, 2025 | 3,180,310 |  |  | $ | 91.04 |
(1) During the six months ended June 30, 2025, in accordance with our Nonqualified Deferred Compensation Plan, recipients of 5,634 shares elected to defer settlement of their vested restricted stock units and 9,375 shares were released from deferral.

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