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Stockholders' Equity (Tables) | 9 Months Ended
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Sep. 30, 2025
Equity [Abstract] |
Schedule of Common Stock Reserved for Future Issuance | Shares of common stock reserved for future issuance related to outstanding equity awards and employee equity incentive plans as of September 30, 2025 were as follows (in thousands):
|  | September 30, 2025
Stock options outstanding |  | 661
RSUs (including PRSUs) outstanding |  | 6,451
Shares available for future grant under 2014 Plan |  | 13,012
Shares available for future issuance under ESPP |  | 3,961
Total shares of common stock reserved |  | 24,085
Schedule of Stock Option Activity | A summary of the Company’s stock option activity during the nine months ended September 30, 2025 is as follows (in thousands, except per share data):
|  | Number of Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life (Years) |  | Aggregate Intrinsic Value
Outstanding as of December 31, 2024 |  | 860 |  |  | $ | 55.34 |  |  |  |  |
Options granted |  | — |  |  | — |  |  |  |  |
Options exercised |  | (156) |  |  | 20.04 |  |  |  |  |
Options forfeited or expired |  | (43) |  |  | 92.55 |  |  |  |  |
Outstanding as of September 30, 2025 |  | 661 |  |  | 61.20 |  |  | 1.7 |  | $ | 2,402 |
Schedule of RSU Activity | A summary of the Company’s restricted stock unit ("RSU") activity, including PRSUs, during the nine months ended September 30, 2025 is as follows (in thousands, except per share data):
|  | Number of Shares |  | Weighted Average Grant Date Fair Value Per Share
Outstanding as of December 31, 2024 |  | 5,829 |  |  | $ | 57.27 |
RSUs granted(1) |  | 3,979 |  |  | 35.71 |
RSUs vested and released |  | (1,914) |  |  | 59.13 |
RSUs forfeited or cancelled |  | (1,443) |  |  | 53.73 |
Outstanding as of September 30, 2025 |  | 6,451 |  |  | 45.77 |
(1) Includes 324,165 PRSUs granted during the nine months ended September 30, 2025.
Schedule of Stock-based Compensation Expense | Stock-based compensation expense was as follows (in thousands):
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, 2025 |  | September 30, 2024 |  | September 30, 2025 |  | September 30, 2024
Cost of revenue |  | $ | 6,852 |  |  | $ | 7,512 |  |  | $ | 21,332 |  |  | $ | 22,904 |
Research and development |  | 6,896 |  |  | 8,244 |  |  | 24,415 |  |  | 29,001 |
Sales and marketing |  | 8,401 |  |  | 12,490 |  |  | 33,330 |  |  | 40,334 |
General and administrative |  | 11,190 |  |  | 11,310 |  |  | 35,366 |  |  | 35,633 |
Total stock-based compensation expense |  | $ | 33,339 |  |  | $ | 39,556 |  |  | $ | 114,443 |  |  | $ | 127,872 |
Schedule of Unrecognized Compensation Expense | As of September 30, 2025, unrecognized stock-based compensation expense by award type and expected weighted-average recognition periods are summarized in the following table (in thousands, except years).
|  | Stock Option |  | RSU (excluding PRSUs) |  | PRSU |  | ESPP
Unrecognized stock-based compensation expense |  | $ | 171 |  |  | $ | 247,832 |  |  | $ | 13,549 |  |  | $ | 459 |
Weighted-average amortization period |  | 0.4 years |  | 2.5 years |  | 1.4 years |  | 0.1 years
Schedule of Valuation Assumptions, Stock Option | The weighted-average assumptions used to value PRSUs with market conditions granted during the periods presented were as follows:
PRSUs (Market Conditions) |  | Three Months Ended |  | Nine Months Ended
|  | September 30, 2025 |  | September 30, 2024 |  | September 30, 2025 |  | September 30, 2024
Expected term (years) |  | 2.38 |  | — |  |  | 2.76 |  | 2.85
Volatility |  | 52.2 | % |  | — |  |  | 55.2 | % |  | 49.4 | %
Risk-free interest rate |  | 3.7 | % |  | — |  |  | 4.0 | % |  | 4.5 | %
Dividend yield (1) |  | — |  |  | — |  |  | — |  |  | — |
(1)The Company has not paid, and does not anticipate paying, cash dividends on its shares of common stock. Accordingly, the expected dividend yield is zero.

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