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Segment and Geographical Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Revenues and Property and Equipment by Geographic Region
The following table summarizes revenues by geographic region based on customer billing address (in thousands):
Three Months EndedSix Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
United States$251,390 $224,532 $498,446 $443,792 
International31,879 27,554 64,528 55,304 
Total revenue$283,269 $252,086 $562,974 $499,096 
Long-Lived Assets, Net by Geographic Areas
The following table summarizes total property and equipment, net in the respective locations (in thousands):
June 30, 2025December 31, 2024
United States$142,702 $136,382 
International11,797 8,506 
Property and equipment, net$154,499 $144,888 
Reconciliation of Revenue from Segments to Consolidated
Segment Information - Consolidated Statement of Operations
Three Months Ended, Six Months Ended,
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Revenue$283,269 $252,086 $562,974 $499,096 
Adjusted cost of revenue(1)
(104,724)(99,677)(209,814)(196,481)
Adjusted research and development(2)
(27,419)(29,633)(58,491)(59,000)
Adjusted sales and marketing(3)
(63,967)(64,482)(135,212)(131,544)
Adjusted general and administrative(4)
(19,209)(16,513)(38,804)(32,704)
Other segment items(5)
(54,862)(48,208)(98,503)(94,306)
Depreciation and amortization(14,649)(12,938)(29,139)(25,121)
Interest expense(3,820)(3,906)(7,935)(6,473)
Gain on early extinguishment of debt— — — 6,615 
Interest income and other7,917 13,800 18,220 24,359 
Provision for income taxes(1,382)(3,345)(1,566)(4,334)
Net income (loss)$1,154 $(12,816)$1,730 $(19,893)
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(1) Adjusted cost of revenue includes cost of revenue in accordance with GAAP, adjusted for depreciation and amortization, stock-based compensation, acquisition and related transaction costs and one-time integration costs, lease amortization for finance leases, and costs related to a reduction in force plan.
(2) Adjusted research and development includes research and development in accordance with GAAP, adjusted for depreciation and amortization, stock-based compensation, exit costs related to the closure and relocation of the Company’s Russian operations, acquisition and related transaction costs and one-time integration costs, lease amortization for finance leases, and costs related to a reduction in force plan.
(3) Adjusted sales and marketing includes sales and marketing expense in accordance with GAAP, adjusted for depreciation and amortization, stock-based compensation, and costs related to a reduction in force plan.
(4) Adjusted general and administrative included general and administrative expense in accordance with GAAP, adjusted for depreciation and amortization, stock-based compensation, exit costs related to the closure and relocation of the Company’s Russian operations, acquisition and related transaction costs and one-time integration costs, one-time expenses related to strategic consulting services for operational review, other
cost-reduction and productivity initiatives, legal fees related to the securities class action, costs related to a reduction in force plan, and office closure lease termination costs.
(5) Other segment items included in segment net income (loss) includes stock-based compensation, exit costs related to the closure and relocation of our Russian operations, acquisition and related transaction costs and one-time integration costs, lease amortization for finance leases, one-time expenses related to strategic consulting services for operational review, other cost-reduction and productivity initiatives, legal fees related to the securities class action, costs related to a reduction in force plan, and office closure lease termination costs.