Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 395,741,000 | 383,349,000 | 358,217,000 | 362,554,000 | 358,450,000 | 343,664,000 | 323,028,000 | 318,495,000 | 304,985,000 | 295,983,000 | 272,555,000 | 260,006,000 | 229,924,000 | 200,221,000 | 166,911,000 | 156,478,000 | 116,403,000 | 78,273,000 | 59,738,000 | 54,045,000 | 46,209,000 | 42,110,000 | 41,230,000 | 39,080,000 |
yoy | 10.40% | 11.55% | 10.89% | 13.83% | 17.53% | 16.11% | 18.52% | 22.50% | 32.65% | 47.83% | 63.29% | 66.16% | 97.52% | 155.80% | 179.41% | 189.53% | 151.91% | 85.88% | 44.89% | 38.29% | ||||
qoq | 3.23% | 7.02% | -1.20% | 1.14% | 4.30% | 6.39% | 1.42% | 4.43% | 3.04% | 8.60% | 4.83% | 13.08% | 14.84% | 19.96% | 6.67% | 34.43% | 48.71% | 31.03% | 10.53% | 16.96% | 9.73% | 2.13% | 5.50% | |
subscription and transaction fees | 358,005,000 | 345,947,000 | 320,298,000 | 319,616,000 | 314,943,000 | 301,305,000 | 281,294,000 | 274,992,000 | 265,142,000 | 77,512,000 | 58,622,000 | 52,333,000 | 43,788,000 | 38,801,000 | 36,092,000 | 32,964,000 | ||||||||
interest on funds held for customers | 37,736,000 | 37,402,000 | 37,919,000 | 42,938,000 | 43,507,000 | 42,359,000 | 41,734,000 | 43,503,000 | 39,843,000 | 761,000 | 1,116,000 | 1,712,000 | 2,421,000 | 3,309,000 | 5,138,000 | 6,116,000 | ||||||||
total cost of revenue | 77,003,000 | 73,588,000 | 67,212,000 | 66,608,000 | 64,696,000 | 65,201,000 | 55,012,000 | 58,377,000 | 56,026,000 | 52,552,000 | 48,850,000 | 47,467,000 | 45,107,000 | 43,441,000 | 37,342,000 | 34,386,000 | 29,835,000 | 20,293,000 | 15,434,000 | 13,973,000 | 12,106,000 | 10,100,000 | 10,110,000 | 9,787,000 |
service costs | 66,066,000 | 63,172,000 | 56,733,000 | 56,298,000 | 53,602,000 | 53,906,000 | 43,845,000 | 47,239,000 | 44,904,000 | 41,327,000 | 37,897,000 | 36,965,000 | 34,820,000 | |||||||||||
depreciation and amortization | 10,937,000 | 10,416,000 | 10,479,000 | 10,310,000 | 11,094,000 | |||||||||||||||||||
gross profit | 318,738,000 | 309,761,000 | 291,005,000 | 295,946,000 | 293,754,000 | 278,463,000 | 268,016,000 | 260,118,000 | 248,959,000 | 243,431,000 | 223,705,000 | 212,539,000 | 184,817,000 | 156,780,000 | 129,569,000 | 122,092,000 | 86,568,000 | 57,980,000 | 44,304,000 | 40,072,000 | 34,103,000 | 32,010,000 | 31,120,000 | 29,293,000 |
yoy | 8.51% | 11.24% | 8.58% | 13.77% | 17.99% | 14.39% | 19.81% | 22.39% | 34.71% | 55.27% | 72.65% | 74.08% | 113.49% | 170.40% | 192.45% | 204.68% | 153.84% | 81.13% | 42.37% | 36.80% | ||||
qoq | 2.90% | 6.45% | -1.67% | 0.75% | 5.49% | 3.90% | 3.04% | 4.48% | 2.27% | 8.82% | 5.25% | 15.00% | 17.88% | 21.00% | 6.12% | 41.04% | 49.31% | 30.87% | 10.56% | 17.50% | 6.54% | 2.86% | 6.24% | |
gross margin % | 80.54% | 80.80% | 81.24% | 81.63% | 81.95% | 81.03% | 82.97% | 81.67% | 81.63% | 82.24% | 82.08% | 81.74% | 80.38% | 78.30% | 77.63% | 78.03% | 74.37% | 74.07% | 74.16% | 74.15% | 73.80% | 76.02% | 75.48% | 74.96% |
operating expenses | ||||||||||||||||||||||||
research and development | 80,289,000 | 90,050,000 | 86,540,000 | 84,784,000 | 78,685,000 | 79,609,000 | 81,594,000 | 86,489,000 | 89,065,000 | 81,841,000 | 78,761,000 | 78,910,000 | 75,121,000 | 65,162,000 | 60,230,000 | 51,954,000 | 42,472,000 | 29,677,000 | 22,286,000 | 20,486,000 | 17,786,000 | 14,929,000 | 13,969,000 | 12,992,000 |
sales and marketing | 149,216,000 | 148,097,000 | 136,758,000 | 132,534,000 | 126,322,000 | 123,732,000 | 118,105,000 | 118,305,000 | 118,398,000 | 117,200,000 | 115,350,000 | 164,683,000 | 118,633,000 | 71,957,000 | 92,065,000 | 80,817,000 | 62,312,000 | 29,102,000 | 15,190,000 | 14,174,000 | 12,908,000 | 11,796,000 | 11,802,000 | 11,491,000 |
general and administrative | 76,919,000 | 70,169,000 | 73,851,000 | 71,122,000 | 66,771,000 | 25,180,000 | 81,573,000 | 85,583,000 | 85,326,000 | 73,441,000 | 71,719,000 | 69,381,000 | 66,738,000 | 57,386,000 | 60,457,000 | 65,396,000 | 57,935,000 | 69,920,000 | 22,124,000 | 19,583,000 | 17,190,000 | 15,546,000 | 15,064,000 | 12,748,000 |
benefit from expected credit losses | 16,096,000 | 15,785,000 | 14,945,000 | 21,358,000 | 20,661,000 | |||||||||||||||||||
restructuring | 8,870,000 | 392,000 | 2,104,000 | 25,091,000 | ||||||||||||||||||||
total operating expenses | 339,457,000 | 332,010,000 | 319,951,000 | 317,656,000 | 301,452,000 | 300,687,000 | 295,638,000 | 327,792,000 | 305,606,000 | 284,829,000 | 277,923,000 | 325,002,000 | 272,511,000 | 240,135,000 | 212,752,000 | 198,167,000 | 162,719,000 | 128,699,000 | 59,600,000 | 54,243,000 | 47,884,000 | 42,271,000 | 40,835,000 | 37,231,000 |
operating income | -20,719,000 | -22,249,000 | -28,946,000 | -21,710,000 | -7,698,000 | -22,224,000 | -27,622,000 | |||||||||||||||||
yoy | 169.15% | 0.11% | 4.79% | |||||||||||||||||||||
qoq | -6.88% | -23.14% | 33.33% | 182.02% | -65.36% | -19.54% | ||||||||||||||||||
operating margin % | -5.24% | -5.80% | -8.08% | -5.99% | -2.15% | -6.47% | -8.55% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
other income | 17,906,000 | 19,181,000 | 18,650,000 | 55,303,000 | 17,878,000 | 29,819,000 | 59,801,000 | 28,919,000 | 29,308,000 | 26,265,000 | 23,622,000 | 17,022,000 | 5,947,000 | -970,000 | -4,416,000 | -5,000,000 | -3,475,000 | -11,427,000 | -11,432,000 | -3,341,000 | 830,000 | 764,000 | 1,397,000 | 360,000 |
income before benefit from income taxes | -2,813,000 | -3,068,000 | -10,296,000 | 33,593,000 | 10,180,000 | 7,595,000 | 32,179,000 | -38,755,000 | -27,339,000 | -15,133,000 | -30,596,000 | -95,441,000 | -81,747,000 | -84,325,000 | -87,599,000 | -81,075,000 | -79,626,000 | -82,146,000 | -26,728,000 | -17,512,000 | -12,951,000 | -9,497,000 | -8,318,000 | -7,578,000 |
benefit from income taxes | 149,000 | 4,004,000 | 1,293,000 | 45,000 | 1,268,000 | 370,000 | 1,666,000 | 522,000 | 738,000 | 542,000 | -365,000 | -107,000 | -1,233,750 | -879,000 | -635,000 | -3,941,000 | 1,000 | 1,000 | ||||||
net income | -2,962,000 | -7,072,000 | -11,589,000 | 33,548,000 | 8,912,000 | 7,595,000 | 31,809,000 | -40,421,000 | -27,861,000 | -15,871,000 | -31,138,000 | -95,076,000 | -81,640,000 | -84,942,000 | -86,720,000 | -80,440,000 | -75,685,000 | -41,862,000 | -26,728,000 | -17,179,000 | -12,951,000 | -9,498,000 | -8,319,000 | -7,578,000 |
yoy | -133.24% | -193.11% | -136.43% | -183.00% | -131.99% | -147.85% | -202.15% | -57.49% | -65.87% | -81.32% | -64.09% | 18.19% | 7.87% | 102.91% | 224.45% | 368.25% | 484.40% | 340.75% | 221.29% | 126.70% | ||||
qoq | -58.12% | -38.98% | -134.54% | 276.44% | 17.34% | -76.12% | -178.69% | 45.08% | 75.55% | -49.03% | -67.25% | 16.46% | -3.89% | -2.05% | 7.81% | 6.28% | 80.80% | 56.62% | 55.59% | 32.65% | 36.36% | 14.17% | 9.78% | |
net income margin % | -0.75% | -1.84% | -3.24% | 9.25% | 2.49% | 2.21% | 9.85% | -12.69% | -9.14% | -5.36% | -11.42% | -36.57% | -35.51% | -42.42% | -51.96% | -51.41% | -65.02% | -53.48% | -44.74% | -31.79% | -28.03% | -22.56% | -20.18% | -19.39% |
net income per share | ||||||||||||||||||||||||
basic | -0.03 | -0.07 | -0.11 | 0.33 | 0.08 | -0.085 | 0.3 | |||||||||||||||||
diluted | -0.03 | 0.02 | -0.11 | -0.06 | 0.08 | -0.085 | 0 | |||||||||||||||||
weighted-average number of common shares used to compute net income per share attributable to common stockholders: | ||||||||||||||||||||||||
basic | 101,922 | 103,568 | 102,219 | 103,102 | 105,672 | 105,436 | ||||||||||||||||||
diluted | 101,922 | 103,912 | 102,219 | 104,480 | 107,322 | 111,176 | ||||||||||||||||||
depreciation and amortization of intangible assets | 8,356,750 | 11,167,000 | 11,138,000 | 11,122,000 | 11,225,000 | 10,953,000 | 10,502,000 | 10,287,000 | ||||||||||||||||
income from operations | -67,674,000 | -56,647,000 | -41,398,000 | -54,218,000 | -112,463,000 | -87,694,000 | -83,355,000 | -83,183,000 | -76,075,000 | -76,151,000 | -70,719,000 | -15,296,000 | -14,171,000 | -13,781,000 | -10,261,000 | -9,715,000 | -7,938,000 | |||||||
net income per share | ||||||||||||||||||||||||
basic and diluted | -0.38 | -0.26 | -0.15 | -0.29 | -0.9 | -0.78 | -0.82 | -0.84 | -0.78 | -0.79 | -0.49 | -0.32 | -0.21 | -0.16 | -0.07 | -0.11 | -0.34 | |||||||
weighted-average number of common shares used to compute net income per share attributable to common stockholders: | ||||||||||||||||||||||||
basic and diluted | 106,102 | 105,914 | 106,817 | 105,976 | 106,597 | 105,906 | 105,086 | 101,753 | 103,830 | 102,910 | 95,892 | 82,813 | 82,627 | 81,519 | 80,216 | 44,106 | 72,379 | 22,306 | ||||||
(benefit from) benefit from income taxes | -40,284,000 | -333,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.