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Unaudited Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Revenue $ 250,971 $ 221,998 $ 494,526 $ 434,233
Cost of revenue [1],[2] 19,873 15,677 38,807 30,020
Gross profit 231,098 206,321 455,719 404,213
Operating expenses        
Sales and marketing 97,635 82,587 195,119 166,256
Product, technology, and development 38,137 33,725 75,808 68,753
General and administrative 28,209 25,266 54,690 50,051
Impairments 450 499 19,651 499
Depreciation and amortization 3,685 3,695 7,390 7,451
Total operating expenses 168,116 145,772 352,658 293,010
Income from continuing operations 62,982 60,549 103,061 111,203
Other income, net        
Interest income 956 2,134 2,627 5,232
Other (expense) income, net (448) 430 (1,054) 128
Total other income, net 508 2,564 1,573 5,360
Income from continuing operations before income taxes 63,490 63,113 104,634 116,563
Provision for income taxes 14,297 14,124 23,213 25,500
Net income from continuing operations 49,193 48,989 81,421 91,063
Net loss from discontinued operations, net of tax benefits 0 (26,646) 0 (29,675)
Consolidated net income $ 49,193 $ 22,343 $ 81,421 $ 61,388
Basic        
Continuing operations $ 0.55 $ 0.50 $ 0.88 $ 0.90
Consolidated 0.55 0.23 0.88 0.61
Diluted        
Continuing operations 0.54 0.49 0.87 0.89
Consolidated $ 0.54 $ 0.22 $ 0.87 $ 0.60
Weighted-average number of shares of common stock used in computing net income per share attributable to common stockholders        
Basic 90,131,442 98,889,893 92,082,411 100,980,676
Diluted 91,076,449 100,184,067 93,075,457 102,614,441
[1] For the three months ended June 30, 2026 and 2025 and for the six months ended June 30, 2025, there was no impairment recorded in cost of revenue. For the six months ended June 30, 2026, cost of revenue includes impairment of $0.5 million.
[2] For the three months ended June 30, 2026 and 2025 and for the six months ended June 30, 2026 and 2025, cost of revenue includes depreciation and amortization expense of $4.2 million, $2.1 million, $7.7 million, and $4.0 million, respectively.