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Financial Statement Components (Tables) | 6 Months Ended
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Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Components of Cash and Cash Equivalents | Cash and cash equivalents consisted of the following (in thousands):
| June 30, 2025 |  | December 31, 2024
Cash | $ | 162,798 |  |  | $ | 128,308 |
Money market funds | 5,315 |  |  | 114,503 |
Total cash and cash equivalents | $ | 168,113 |  |  | $ | 242,811 |
Schedule of Components of Accounts Receivable, Net | Accounts receivable, net consisted of the following (in thousands):
| June 30, 2025 |  | December 31, 2024
Accounts receivable | $ | 305,858 |  |  | $ | 300,805 |
Unbilled accounts receivable | 100,425 |  |  | 100,578 |
Allowance for doubtful accounts | (15,132) |  |  | (15,131) |
Accounts receivable, net | $ | 391,151 |  |  | $ | 386,252 |
Schedule of Components of Prepaid Expenses and Other Current Assets | Prepaid expenses and other current assets consisted of the following (in thousands):
| June 30, 2025 |  | December 31, 2024
Prepaid expenses | $ | 38,747 |  |  | $ | 39,858 |
Inventory | 1,146 |  |  | 1,243 |
Other current assets | 24,997 |  |  | 18,343 |
Total prepaid expenses and other current assets | $ | 64,890 |  |  | $ | 59,444 |
Schedule of Components of Property and Equipment, Net | Property and equipment, net consisted of the following (in thousands):
| June 30, 2025 |  | December 31, 2024
Computer hardware and software | $ | 267,919 |  |  | $ | 252,961 |
Internal-use software development costs | 345,001 |  |  | 314,944 |
Furniture and fixtures | 8,597 |  |  | 8,965 |
Leasehold improvements | 9,799 |  |  | 12,367 |
Total property and equipment, gross | 631,316 |  |  | 589,237 |
Less: accumulated depreciation and amortization | (446,710) |  |  | (408,587) |
Property and equipment, net | $ | 184,606 |  |  | $ | 180,650 |
Schedule of Goodwill | A summary of activity of the Company’s carrying value of goodwill during the six months ended June 30, 2025 is presented in the following table (in thousands):
Balance as of December 31, 2024 | $ | 82,986 |
Foreign currency translation adjustments | 2,496 |
Balance as of June 30, 2025 | $ | 85,482 |
Schedule of Carrying Values of Intangible Assets | The carrying values of intangible assets are as follows (in thousands):
|  |  | June 30, 2025 |  | December 31, 2024
| Weighted-Average Remaining Useful Life |  | Cost |  | Accumulated Amortization |  | Acquired Intangibles, Net |  | Cost |  | Accumulated Amortization |  | Acquired Intangibles, Net
Customer relationships | 3.7 years |  | $ | 52,344 |  |  | $ | 30,295 |  |  | $ | 22,049 |  |  | $ | 51,312 |  |  | $ | 25,833 |  |  | $ | 25,479 |
Developed technology | 1.4 years |  | 780,143 |  |  | 610,395 |  |  | 169,748 |  |  | 779,794 |  |  | 546,747 |  |  | 233,047 |
Total acquired intangible assets |  |  | $ | 832,487 |  |  | $ | 640,690 |  |  | $ | 191,797 |  |  | $ | 831,106 |  |  | $ | 572,580 |  |  | $ | 258,526 |
Schedule of Estimated Amortization Expense for Acquired Intangible Assets | Estimated amortization expense for acquired intangible assets for the following fiscal years is as follows (in thousands):
2025 (remaining) | $ | 66,726 |
2026 | 110,986 |
2027 | 5,397 |
2028 onwards | 8,688 |
Total estimated amortization expense | $ | 191,797 |
Schedule of Components of Accrued Liabilities | Accrued liabilities consisted of the following (in thousands):
| June 30, 2025 |  | December 31, 2024
Accrued compensation and benefits | $ | 45,460 |  |  | $ | 47,415 |
Accrued sales, use, and telecom related taxes | 53,236 |  |  | 55,699 |
Accrued marketing and sales commissions | 34,527 |  |  | 36,391 |
Operating lease liabilities, short-term | 22,604 |  |  | 20,445 |
Other accrued expenses | 120,923 |  |  | 123,849 |
Total accrued liabilities | $ | 276,750 |  |  | $ | 283,799 |

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