MongoDB, Inc(NASDAQ:MDB) 
MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; a...
Website: http://www.mongodb.com
Founded: 2007
IPO Price: $24 (Oct 20, 2017)
Full Time Employees: 4,619 (Jan 2023)
Founder: Kevin P. Ryan, Eliot Horowitz, Dwight Merriman
CEO: Chirantan Desai
Sector: Technology
Industry: Software-Infrastructure
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At a glance:
- Cloud-First Strategy Drives Revenue Growth: MongoDB Atlas, the company's fully managed cloud database service, remains the primary engine for strong subscription revenue growth and customer expansion, reflecting the broader shift to cloud-native solutions.
- Improving Path Towards Profitability: While still often reporting GAAP losses and negative free cash flow, MongoDB has demonstrated improving operating leverage and narrowing cash burn, signaling progress towards sustainable profitability.
- Strong Developer Adoption and Market Leadership: MongoDB maintains a dominant position in the NoSQL document database market, leveraging its open-source roots and developer-friendly platform to foster widespread adoption and mindshare.
- Expanding Data Platform Capabilities: The company is strategically broadening its platform beyond the core database, integrating features like search, analytics, and mobile synchronization to address a wider range of data management needs and increase customer stickiness.
Bull Thesis:
- Dominant Cloud Database-as-a-Service (DBaaS) Growth with MongoDB Atlas: MongoDB Atlas continues to be the primary growth engine, demonstrating robust adoption and revenue expansion. Its fully managed, multi-cloud offering simplifies database operations, attracting a wide range of developers and enterprises seeking scalability, reliability, and ease of use, driving significant recurring revenue and high retention rates.
- Unrivaled Developer Mindshare and Ecosystem Lock-in: MongoDB maintains its position as one of the most popular databases among developers due to its flexible document model and intuitive API. This strong developer preference creates a powerful network effect, leading to widespread adoption, a rich ecosystem of tools, and high switching costs for organizations once deeply integrated into their applications.
- Expanding Enterprise Adoption and Workload Diversity: Beyond its startup roots, MongoDB is increasingly being adopted by large enterprises for mission-critical applications. The company's continuous innovation, including features like Atlas Search, Time Series, and Column Store, allows it to address a broader range of use cases and compete effectively against traditional relational databases and other specialized data stores.
- Strategic Partnerships and Global Market Expansion: MongoDB is actively forging strategic partnerships with major cloud providers and system integrators, enhancing its go-to-market reach and making it easier for customers to deploy and manage their databases. Its global presence and localized support enable it to capture market share in international markets, further diversifying its revenue streams and growth opportunities.
Bear Thesis:
- Intense Competition from Hyperscalers and Open Source Alternatives: MongoDB faces significant competitive pressure from cloud providers like AWS (DocumentDB), Azure (Cosmos DB), and Google Cloud, which offer their own document-oriented databases, often deeply integrated into their ecosystems and potentially at lower costs. Additionally, other open-source NoSQL databases and forks present viable alternatives, potentially commoditizing the market.
- High Valuation and Persistent Profitability Concerns: Despite strong revenue growth, MongoDB's stock often trades at a premium valuation based on high revenue multiples. The company has historically struggled to achieve consistent GAAP profitability and positive free cash flow, raising questions about its long-term financial sustainability and potential vulnerability in a market less tolerant of unprofitable growth.
- Macroeconomic Headwinds and Potential for IT Spending Slowdown: A global economic slowdown or recession could lead to reduced IT budgets and delayed project implementations across enterprises. This could impact MongoDB's new customer acquisition, expansion within existing accounts, and overall revenue growth rates, particularly for its consumption-based Atlas service, which is sensitive to usage fluctuations.
- Licensing Model Scrutiny and Open Source Community Friction: While MongoDB changed its license to SSPL to protect its intellectual property from cloud providers, this move has created some friction within the open-source community and could deter some potential users or partners who prefer more permissive licenses. This might limit broader adoption in certain segments or encourage the use of alternative solutions.
Main Competitors:
- Amazon Web Services (AWS) ($AMZN) (Amazon DynamoDB, Amazon DocumentDB (with MongoDB compatibility), Amazon Aurora), AWS competes broadly across the database landscape. Amazon DocumentDB is a direct, MongoDB-compatible database service, allowing users to run MongoDB workloads within AWS without using MongoDB Atlas. Amazon DynamoDB is a highly scalable NoSQL key-value and document database that competes for high-performance, low-latency applications. AWS also offers relational databases like Amazon Aurora and RDS, which compete for general-purpose application backends. Their competitive advantage lies in deep integration with the vast AWS ecosystem, global infrastructure, and a 'pay-as-you-go' model.
- Microsoft Azure ($MSFT) (Azure Cosmos DB (with MongoDB API), Azure SQL Database, Azure Database for PostgreSQL), Microsoft Azure offers Azure Cosmos DB, a globally distributed, multi-model database service that includes a native MongoDB API. This allows developers to use MongoDB drivers and tools to interact with Cosmos DB, directly competing with MongoDB Atlas for cloud-native applications. Azure also provides a suite of relational databases like Azure SQL Database and managed PostgreSQL, which compete for traditional and modern application backends, leveraging Azure's integrated services and global network.
- Google Cloud Platform (GCP) ($GOOGL) (Google Cloud Firestore, Google Cloud Spanner, Google Cloud SQL), GCP competes with its own set of cloud-native database services. Google Cloud Firestore is a flexible, scalable NoSQL document database that directly competes with MongoDB for new application development, especially those leveraging Google's ecosystem for analytics and AI/ML. Google Cloud Spanner offers a unique globally distributed relational database, and Cloud SQL provides managed instances of popular open-source relational databases, all vying for the same application data storage needs.
- DataStax (Astra DB, DataStax Enterprise (based on Apache Cassandra)), DataStax provides enterprise-grade distributions and managed services (Astra DB) for Apache Cassandra, a wide-column NoSQL database. While Cassandra has a different data model, it competes with MongoDB for applications requiring massive scale, high write throughput, and always-on availability, particularly in use cases like IoT, real-time analytics, and operational data stores where MongoDB might also be considered. Astra DB directly competes with MongoDB Atlas as a fully managed NoSQL database service.
- PostgreSQL (and related managed services) (PostgreSQL (with JSONB support)), PostgreSQL is a powerful open-source relational database that has evolved to include robust JSONB support, allowing it to handle semi-structured data effectively. This makes it a strong competitor for many use cases where developers might consider MongoDB, especially when ACID guarantees and SQL querying capabilities are also desired. Various companies offer managed PostgreSQL services (e.g., EDB, Neon, Supabase), providing cloud-native alternatives that challenge MongoDB's position, particularly for developers seeking a versatile, open-source-backed solution.
Moat:
MongoDB's primary moat lies in its strong developer mindshare, the flexibility and scalability of its document data model, and the comprehensive, fully managed MongoDB Atlas platform which offers multi-cloud deployment and a rich ecosystem of features (search, analytics, mobile). However, it faces intense competition from major cloud providers (AWS, Azure, GCP) who offer their own NoSQL databases (e.g., DynamoDB, Cosmos DB, Firestore) and often provide MongoDB-compatible services (e.g., DocumentDB, Cosmos DB's MongoDB API), leveraging their vast ecosystems, integrated services, and competitive pricing. Other NoSQL databases (like Cassandra) and increasingly capable relational databases (like PostgreSQL with JSONB support) also compete for various use cases, challenging MongoDB's position as the go-to database for modern applications.
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | 2023-04-30 | 2023-01-31 | 2022-10-31 | 2022-07-31 | 2022-04-30 | 2022-01-31 | 2021-10-31 | 2021-07-31 | 2021-04-30 | 2021-01-31 | 2020-10-31 | 2020-07-31 | 2020-04-30 | 2020-01-31 | 2019-10-31 | 2019-07-31 | 2019-04-30 | 2019-01-31 | 2018-10-31 | 2018-07-31 | 2018-04-30 | 2018-01-31 | 2017-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue: | |||||||||||||||||||||||||||||||||||
subscription | 666,138,000 | 673,100,000 | 609,067,000 | 572,355,000 | 531,455,000 | 530,958,000 | 512,205,000 | 463,805,000 | 436,896,000 | 444,939,000 | 418,339,000 | 409,334,000 | 354,714,000 | 348,178,000 | 320,756,000 | 291,607,000 | 274,581,000 | 258,225,000 | 217,871,000 | 191,381,000 | 174,570,000 | 163,946,000 | 144,069,000 | 132,478,000 | 124,856,000 | 117,849,000 | 103,827,000 | 94,156,000 | 83,994,000 | 90,803,000 | 60,090,000 | 52,933,000 | 44,565,000 | 41,887,000 | 37,885,000 |
services | 21,478,000 | 21,972,000 | 19,242,000 | 19,047,000 | 17,559,000 | 17,440,000 | 17,170,000 | 14,304,000 | 13,665,000 | 13,063,000 | 14,599,000 | 14,457,000 | 13,566,000 | 13,134,000 | 12,865,000 | 12,053,000 | 10,866,000 | 8,269,000 | 9,022,000 | 7,366,000 | 7,078,000 | 7,053,000 | 6,702,000 | 5,803,000 | 5,473,000 | 5,674,000 | 5,614,000 | 5,212,000 | 5,394,000 | 5,516,000 | 4,895,000 | 4,557,000 | 3,657,000 | 3,154,000 | 3,603,000 |
total revenue | 687,616,000 | 695,072,000 | 628,309,000 | 591,402,000 | 549,014,000 | 548,398,000 | 529,375,000 | 478,109,000 | 450,561,000 | 458,002,000 | 432,938,000 | 423,791,000 | 368,280,000 | 361,312,000 | 333,621,000 | 303,660,000 | 285,447,000 | 266,494,000 | 226,893,000 | 198,747,000 | 181,648,000 | 170,999,000 | 150,771,000 | 138,281,000 | 130,329,000 | 123,523,000 | 109,441,000 | 99,368,000 | 89,388,000 | 96,319,000 | 64,985,000 | 57,490,000 | 48,222,000 | 45,041,000 | 41,488,000 |
yoy | 25.25% | 26.75% | 18.69% | 23.70% | 21.85% | 19.74% | 22.28% | 12.82% | 22.34% | 26.76% | 29.77% | 39.56% | 29.02% | 35.58% | 47.04% | 52.79% | 57.14% | 55.85% | 50.49% | 43.73% | 39.38% | 38.43% | 37.76% | 39.16% | 45.80% | 28.24% | 68.41% | 72.84% | 85.37% | 113.85% | 56.64% | ||||
qoq | -1.07% | 10.63% | 6.24% | 7.72% | 0.11% | 3.59% | 10.72% | 6.11% | -1.62% | 5.79% | 2.16% | 15.07% | 1.93% | 8.30% | 9.87% | 6.38% | 7.11% | 17.45% | 14.16% | 9.41% | 6.23% | 13.42% | 9.03% | 6.10% | 5.51% | 12.87% | 10.14% | 11.16% | -7.20% | 48.22% | 13.04% | 19.22% | 7.06% | 8.56% | |
cost of revenue: | |||||||||||||||||||||||||||||||||||
total cost of revenue | 191,441,000 | 187,412,000 | 179,177,000 | 171,428,000 | 158,041,000 | 149,015,000 | 135,331,000 | 128,253,000 | 122,697,000 | 114,641,000 | 107,058,000 | 105,337,000 | 97,449,000 | 89,160,000 | 93,652,000 | 88,277,000 | 78,215,000 | 75,798,000 | 68,464,000 | 60,702,000 | 54,528,000 | 50,985,000 | 46,110,000 | 42,304,000 | 37,677,000 | 34,791,000 | 32,191,000 | 30,202,000 | 28,172,000 | 25,567,000 | 17,758,000 | 16,494,000 | 13,749,000 | 12,401,000 | 11,071,000 |
gross profit | 496,175,000 | 507,660,000 | 449,132,000 | 419,974,000 | 390,973,000 | 399,383,000 | 394,044,000 | 349,856,000 | 327,864,000 | 343,361,000 | 325,880,000 | 318,454,000 | 270,831,000 | 272,152,000 | 239,969,000 | 215,383,000 | 207,232,000 | 190,696,000 | 158,429,000 | 138,045,000 | 127,120,000 | 120,014,000 | 104,661,000 | 95,977,000 | 92,652,000 | 88,732,000 | 77,250,000 | 69,166,000 | 61,216,000 | 70,752,000 | 47,227,000 | 40,996,000 | 34,473,000 | 32,640,000 | 30,417,000 |
yoy | 26.91% | 27.11% | 13.98% | 20.04% | 19.25% | 16.32% | 20.92% | 9.86% | 21.06% | 26.17% | 35.80% | 47.85% | 30.69% | 42.72% | 51.47% | 56.02% | 63.02% | 58.89% | 51.37% | 43.83% | 37.20% | 35.25% | 35.48% | 38.76% | 51.35% | 25.41% | 63.57% | 68.71% | 77.58% | 116.76% | 55.27% | ||||
qoq | -2.26% | 13.03% | 6.94% | 7.42% | -2.11% | 1.35% | 12.63% | 6.71% | -4.51% | 5.36% | 2.33% | 17.58% | -0.49% | 13.41% | 11.42% | 3.93% | 8.67% | 20.37% | 14.77% | 8.59% | 5.92% | 14.67% | 9.05% | 3.59% | 4.42% | 14.86% | 11.69% | 12.99% | -13.48% | 49.81% | 15.20% | 18.92% | 5.62% | 7.31% | |
gross margin % | 72.16% | 73.04% | 71.48% | 71.01% | 71.21% | 72.83% | 74.44% | 73.17% | 72.77% | 74.97% | 75.27% | 75.14% | 73.54% | 75.32% | 71.93% | 70.93% | 72.60% | 71.56% | 69.83% | 69.46% | 69.98% | 70.18% | 69.42% | 69.41% | 71.09% | 71.83% | 70.59% | 69.61% | 68.48% | 73.46% | 72.67% | 71.31% | 71.49% | 72.47% | 73.32% |
operating expenses: | |||||||||||||||||||||||||||||||||||
sales and marketing | 249,334,000 | 248,537,000 | 230,864,000 | 244,065,000 | 220,923,000 | 212,211,000 | 217,954,000 | 221,539,000 | 219,444,000 | 211,116,000 | 192,977,000 | 195,934,000 | 182,733,000 | 189,916,000 | 177,419,000 | 181,598,000 | 150,268,000 | 144,263,000 | 120,360,000 | 109,377,000 | 97,890,000 | 97,683,000 | 83,214,000 | 75,078,000 | 69,125,000 | 67,234,000 | 57,015,000 | 53,524,000 | 46,120,000 | 38,411,000 | 38,116,000 | 37,880,000 | 33,889,000 | 32,863,000 | 28,050,000 |
research and development | 200,409,000 | 189,125,000 | 176,610,000 | 181,739,000 | 168,829,000 | 150,400,000 | 151,410,000 | 148,967,000 | 146,060,000 | 145,553,000 | 128,150,000 | 125,420,000 | 116,817,000 | 110,891,000 | 106,392,000 | 108,037,000 | 96,372,000 | 89,417,000 | 82,256,000 | 72,396,000 | 64,751,000 | 55,911,000 | 54,363,000 | 49,255,000 | 45,632,000 | 41,638,000 | 39,387,000 | 37,140,000 | 30,868,000 | 26,600,000 | 23,179,000 | 21,430,000 | 18,645,000 | 16,788,000 | 16,588,000 |
general and administrative | 71,236,000 | 69,694,000 | 60,082,000 | 59,464,000 | 54,775,000 | 55,334,000 | 52,556,000 | 50,790,000 | 60,546,000 | 57,658,000 | 49,969,000 | 46,103,000 | 39,828,000 | 44,294,000 | 39,081,000 | 40,591,000 | 36,532,000 | 35,635,000 | 32,581,000 | 28,803,000 | 25,925,000 | 25,813,000 | 25,175,000 | 21,424,000 | 19,935,000 | 20,763,000 | 19,562,000 | 16,174,000 | 14,805,000 | 14,596,000 | 14,986,000 | 12,254,000 | 11,227,000 | 10,242,000 | 9,829,000 |
total operating expenses | 520,979,000 | 507,356,000 | 467,556,000 | 485,268,000 | 444,527,000 | 417,945,000 | 421,920,000 | 421,296,000 | 426,050,000 | 414,327,000 | 371,096,000 | 367,457,000 | 339,378,000 | 345,101,000 | 322,892,000 | 330,226,000 | 283,172,000 | 269,315,000 | 235,197,000 | 210,576,000 | 188,566,000 | 179,407,000 | 162,752,000 | 145,757,000 | 134,692,000 | 129,635,000 | 115,964,000 | 106,838,000 | 91,793,000 | 79,607,000 | 76,281,000 | 71,564,000 | 63,761,000 | 59,893,000 | 54,467,000 |
income from operations | -24,804,000 | 304,000 | -18,424,000 | -65,294,000 | -53,554,000 | -18,562,000 | -27,876,000 | -71,440,000 | -98,186,000 | -70,966,000 | -45,216,000 | -49,003,000 | -68,547,000 | -72,949,000 | -82,923,000 | -114,843,000 | -75,940,000 | -78,619,000 | -76,768,000 | -72,531,000 | -61,446,000 | -59,393,000 | -58,091,000 | -49,780,000 | -42,040,000 | -40,903,000 | -38,714,000 | -37,672,000 | -30,577,000 | -8,855,000 | -29,054,000 | -30,568,000 | -29,288,000 | -27,253,000 | -24,050,000 |
yoy | -53.68% | -101.64% | -33.91% | -8.60% | -45.46% | -73.84% | -38.35% | 45.79% | 43.24% | -2.72% | -45.47% | -57.33% | -9.74% | -7.21% | 8.02% | 58.34% | 23.59% | 32.37% | 32.15% | 45.70% | 46.16% | 45.20% | 50.05% | 32.14% | 37.49% | 361.92% | 33.25% | 23.24% | 4.40% | -67.51% | 20.81% | ||||
qoq | -8259.21% | -101.65% | -71.78% | 21.92% | 188.51% | -33.41% | -60.98% | -27.24% | 38.36% | 56.95% | -7.73% | -28.51% | -6.03% | -12.03% | -27.79% | 51.23% | -3.41% | 2.41% | 5.84% | 18.04% | 3.46% | 2.24% | 16.70% | 18.41% | 2.78% | 5.65% | 2.77% | 23.20% | 245.31% | -69.52% | -4.95% | 4.37% | 7.47% | 13.32% | |
operating margin % | -3.61% | 0.04% | -2.93% | -11.04% | -9.75% | -3.38% | -5.27% | -14.94% | -21.79% | -15.49% | -10.44% | -11.56% | -18.61% | -20.19% | -24.86% | -37.82% | -26.60% | -29.50% | -33.83% | -36.49% | -33.83% | -34.73% | -38.53% | -36.00% | -32.26% | -33.11% | -35.37% | -37.91% | -34.21% | -9.19% | -44.71% | -53.17% | -60.74% | -60.51% | -57.97% |
other income: | |||||||||||||||||||||||||||||||||||
interest income | 19,351,000 | 20,338,000 | 21,160,000 | 23,637,000 | 23,458,000 | 24,447,000 | 23,869,000 | 24,260,000 | 23,111,000 | 22,373,000 | 20,358,000 | 19,470,000 | 18,037,000 | 15,712,000 | 6,932,000 | 1,680,000 | 624,000 | 392,000 | 204,000 | 157,000 | 173,000 | 238,000 | 572,000 | 1,032,000 | 2,727,000 | 2,036,000 | 1,986,000 | 2,231,000 | 2,303,000 | 2,227,000 | 2,459,000 | 1,518,000 | 959,000 | 752,000 | 227,000 |
interest expense | -853,000 | 212,000 | -801,000 | -1,473,000 | -1,066,000 | -1,635,000 | -2,278,000 | -2,282,000 | -1,897,000 | -2,419,000 | -1,964,000 | -2,611,000 | -2,393,000 | -2,418,000 | -2,497,000 | -2,429,000 | -2,453,000 | -2,505,000 | -2,597,000 | -2,556,000 | -3,658,000 | -14,269,000 | -14,093,000 | -13,950,000 | -13,795,000 | -6,541,000 | -4,813,000 | -4,940,000 | -4,689,000 | -4,638,000 | -4,358,000 | -1,294,000 | |||
other income | 15,100,000 | -1,451,000 | -585,000 | 10,000 | -2,162,000 | -96,000 | -824,000 | -1,170,000 | -1,040,000 | -1,074,000 | 1,160,000 | -1,865,000 | 1,144,000 | -1,829,000 | -1,318,000 | -224,000 | 1,621,000 | -2,150,000 | 117,000 | -665,000 | -437,000 | -268,000 | -113,000 | -845,000 | -625,000 | -14,891,000 | -283,000 | -296,000 | -415,000 | -13,000 | -400,000 | -656,000 | -368,000 | 597,000 | -57,000 |
income before provision for income taxes | 8,794,000 | 19,403,000 | 1,350,000 | -43,120,000 | -33,324,000 | 4,154,000 | -7,109,000 | -50,632,000 | -78,012,000 | -52,086,000 | -25,662,000 | -34,009,000 | -51,759,000 | -61,484,000 | -79,806,000 | -115,816,000 | -76,148,000 | -82,882,000 | -79,044,000 | -75,595,000 | -65,368,000 | -73,692,000 | -71,725,000 | -63,543,000 | -53,733,000 | -60,299,000 | -41,824,000 | -40,677,000 | -33,378,000 | -11,279,000 | -31,353,000 | -31,000,000 | -28,697,000 | -25,904,000 | -23,880,000 |
provision for income taxes | 4,360,000 | 3,873,000 | 3,357,000 | 3,928,000 | 4,302,000 | -11,672,000 | 2,667,000 | 3,897,000 | 2,581,000 | 3,374,000 | 3,635,000 | 3,588,000 | 2,487,000 | 2,914,000 | 5,035,000 | 3,049,000 | 1,146,000 | 1,566,000 | 2,249,000 | 1,538,000 | -1,376,000 | 2,109,000 | 926,000 | 982,000 | 234,000 | 2,264,000 | 559,000 | -3,341,000 | -138,000 | -3,998,000 | -33,000 | 246,000 | 467,000 | 470,000 | 336,000 |
net income | 4,434,000 | 15,530,000 | -2,007,000 | -47,048,000 | -37,626,000 | 15,826,000 | -9,776,000 | -54,529,000 | -80,593,000 | -55,460,000 | -29,297,000 | -37,597,000 | -54,246,000 | -64,398,000 | -84,841,000 | -118,865,000 | -77,294,000 | -84,448,000 | -81,293,000 | -77,133,000 | -63,992,000 | -75,801,000 | -72,651,000 | -64,525,000 | -53,967,000 | -62,563,000 | -42,383,000 | -37,336,000 | -33,240,000 | -7,281,000 | -31,320,000 | -31,246,000 | -29,164,000 | -26,374,000 | -24,216,000 |
yoy | -111.78% | -1.87% | -79.47% | -13.72% | -53.31% | -128.54% | -66.63% | 45.04% | 48.57% | -13.88% | -65.47% | -68.37% | -29.82% | -23.74% | 4.36% | 54.10% | 20.79% | 11.41% | 11.90% | 19.54% | 18.58% | 21.16% | 71.42% | 72.82% | 62.36% | 759.26% | 35.32% | 19.49% | 13.98% | -72.39% | 29.34% | ||||
qoq | -71.45% | -873.79% | -95.73% | 25.04% | -337.75% | -261.89% | -82.07% | -32.34% | 45.32% | 89.30% | -22.08% | -30.69% | -15.76% | -24.10% | -28.62% | 53.78% | -8.47% | 3.88% | 5.39% | 20.54% | -15.58% | 4.34% | 12.59% | 19.56% | -13.74% | 47.61% | 13.52% | 12.32% | 356.53% | -76.75% | 0.24% | 7.14% | 10.58% | 8.91% | |
net income margin % | 0.64% | 2.23% | -0.32% | -7.96% | -6.85% | 2.89% | -1.85% | -11.41% | -17.89% | -12.11% | -6.77% | -8.87% | -14.73% | -17.82% | -25.43% | -39.14% | -27.08% | -31.69% | -35.83% | -38.81% | -35.23% | -44.33% | -48.19% | -46.66% | -41.41% | -50.65% | -38.73% | -37.57% | -37.19% | -7.56% | -48.20% | -54.35% | -60.48% | -58.56% | -58.37% |
net income per share | 0.19 | -0.02 | -0.58 | -0.46 | 0.24 | -0.13 | -0.74 | -1.1 | -0.77 | -0.41 | -0.53 | -0.77 | -0.92 | -1.23 | -1.74 | -1.14 | -1.26 | -1.22 | -1.22 | -1.04 | -1.26 | -1.22 | -1.1 | -0.94 | -1.11 | -0.75 | -0.67 | -0.61 | -0.12 | -0.59 | -0.61 | -0.58 | 0.68 | -1.39 | |
basic | 0.06 | ||||||||||||||||||||||||||||||||||
diluted | 0.05 | ||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | 81,246,520 | 81,401,853 | 81,078,234 | 81,060,822 | 74,555,001 | 74,020,593 | 73,543,427 | 72,990,141 | 71,248,982 | 71,560,023 | 70,874,117 | 70,177,499 | 68,628,267 | 68,916,813 | 68,334,464 | 67,706,502 | 64,563,032 | 66,386,379 | 63,426,694 | 61,361,670 | 58,984,604 | 59,368,167 | 58,393,894 | 57,649,524 | 55,939,032 | 56,411,779 | 55,647,707 | 54,710,746 | 52,034,596 | 52,702,526 | 51,185,258 | 50,350,052 | 23,718,391 | 17,421,642 | |
basic | 80,357,498 | ||||||||||||||||||||||||||||||||||
diluted | 81,581,387 | ||||||||||||||||||||||||||||||||||
net income per share | 0.19 | -0.02 | -0.58 | -0.46 | 0.24 | -0.13 | -0.74 | -1.1 | -0.77 | -0.41 | -0.53 | -0.77 | -0.92 | -1.23 | -1.74 | -1.14 | -1.26 | -1.22 | -1.22 | -1.04 | -1.26 | -1.22 | -1.1 | -0.94 | -1.11 | -0.75 | -0.67 | -0.61 | -0.12 | -0.59 | -0.61 | -0.58 | 0.68 | -1.39 | |
weighted-average shares used for eps calculation | 81,246,520 | 81,401,853 | 81,078,234 | 81,060,822 | 74,555,001 | 74,020,593 | 73,543,427 | 72,990,141 | 71,248,982 | 71,560,023 | 70,874,117 | 70,177,499 | 68,628,267 | 68,916,813 | 68,334,464 | 67,706,502 | 64,563,032 | 66,386,379 | 63,426,694 | 61,361,670 | 58,984,604 | 59,368,167 | 58,393,894 | 57,649,524 | 55,939,032 | 56,411,779 | 55,647,707 | 54,710,746 | 52,034,596 | 52,702,526 | 51,185,258 | 50,350,052 | 23,718,391 | 17,421,642 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | 2023-04-30 | 2023-01-31 | 2022-10-31 | 2022-07-31 | 2022-04-30 | 2022-01-31 | 2021-10-31 | 2021-07-31 | 2021-04-30 | 2021-01-31 | 2020-10-31 | 2020-07-31 | 2020-04-30 | 2020-01-31 | 2019-10-31 | 2019-07-31 | 2019-04-30 | 2019-01-31 | 2018-10-31 | 2018-07-31 | 2018-04-30 | 2018-01-31 | 2017-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,036,354,000 | 1,083,540,000 | 834,092,000 | 647,139,000 | 657,809,000 | 490,133,000 | 673,054,000 | 1,290,901,000 | 815,704,000 | 802,959,000 | 477,675,000 | 607,175,000 | 721,787,000 | 455,826,000 | 999,674,000 | 651,420,000 | 456,275,000 | 473,904,000 | 748,140,000 | 1,160,996,000 | 407,055,000 | 429,697,000 | 414,762,000 | 469,492,000 | 700,645,000 | 706,192,000 | 151,307,000 | 186,684,000 | 158,060,000 | 147,831,000 | 139,490,000 | 122,771,000 | 111,617,000 | 61,902,000 | 242,745,000 |
short-term investments | 1,390,799,000 | 1,303,701,000 | 1,471,669,000 | 1,698,247,000 | 1,796,129,000 | 1,846,444,000 | 1,629,038,000 | 973,933,000 | 1,258,292,000 | 1,212,448,000 | 1,447,036,000 | 1,293,926,000 | 1,181,641,000 | 1,380,804,000 | 787,858,000 | 1,144,192,000 | 1,372,420,000 | 1,352,019,000 | 1,054,746,000 | 653,829,000 | 527,988,000 | 528,045,000 | 551,539,000 | 505,404,000 | 276,372,000 | 280,326,000 | 274,560,000 | 249,369,000 | 318,346,000 | 318,139,000 | 382,681,000 | 399,906,000 | 159,371,000 | 217,072,000 | 45,810,000 |
accounts receivable | 387,294,000 | 499,002,000 | 416,494,000 | 349,656,000 | 313,215,000 | 393,099,000 | 334,629,000 | 311,166,000 | 266,025,000 | 325,610,000 | 271,679,000 | 272,392,000 | 211,575,000 | 285,192,000 | 231,260,000 | 213,267,000 | 164,885,000 | 195,383,000 | 182,701,000 | 120,152,000 | 100,646,000 | 135,176,000 | 91,784,000 | 87,193,000 | 80,760,000 | 85,554,000 | 67,506,000 | 66,783,000 | 61,600,000 | 72,808,000 | 37,497,000 | 38,340,000 | 32,475,000 | 46,872,000 | 35,233,000 |
deferred commissions | 129,894,000 | 131,442,000 | 122,882,000 | 119,597,000 | 116,291,000 | 112,632,000 | 103,715,000 | 97,644,000 | 93,390,000 | 92,512,000 | 87,221,000 | 84,140,000 | 82,867,000 | 83,550,000 | 77,446,000 | 72,069,000 | 66,754,000 | 63,523,000 | 49,537,000 | 43,358,000 | 39,595,000 | 36,619,000 | 30,090,000 | 27,453,000 | 25,737,000 | 24,219,000 | 19,717,000 | 18,093,000 | 16,932,000 | 15,878,000 | 19,143,000 | 14,857,000 | 13,155,000 | 11,820,000 | 9,850,000 |
prepaid expenses and other current assets | 115,277,000 | 97,170,000 | 87,177,000 | 89,900,000 | 89,086,000 | 81,214,000 | 53,827,000 | 48,403,000 | 218,914,000 | 50,107,000 | 36,982,000 | 37,329,000 | 34,424,000 | 31,212,000 | 26,017,000 | 27,566,000 | 35,973,000 | 32,573,000 | 19,446,000 | 17,776,000 | 20,738,000 | 12,350,000 | 15,611,000 | 15,281,000 | 16,892,000 | 16,905,000 | 12,531,000 | 12,444,000 | 12,251,000 | 11,580,000 | 8,653,000 | 7,832,000 | 9,101,000 | 5,884,000 | 5,221,000 |
total current assets | 3,059,618,000 | 3,114,855,000 | 2,932,314,000 | 2,904,539,000 | 2,972,530,000 | 2,923,522,000 | 2,794,263,000 | 2,722,047,000 | 2,652,325,000 | 2,483,636,000 | 2,320,593,000 | 2,294,962,000 | 2,232,294,000 | 2,236,584,000 | 2,122,255,000 | 2,108,514,000 | 2,096,307,000 | 2,117,402,000 | 2,054,570,000 | 1,996,111,000 | 1,096,022,000 | 1,141,887,000 | 1,103,786,000 | 1,104,823,000 | 1,100,406,000 | 1,113,196,000 | 525,621,000 | 533,373,000 | 567,189,000 | 566,236,000 | 587,464,000 | 583,706,000 | 325,719,000 | 343,550,000 | 338,859,000 |
property and equipment | 40,900,000 | 39,773,000 | 40,704,000 | 41,792,000 | 43,718,000 | 46,377,000 | 47,345,000 | 48,389,000 | 50,214,000 | 53,042,000 | 54,892,000 | 53,866,000 | 55,212,000 | 57,841,000 | 59,489,000 | 61,604,000 | 62,761,000 | 62,625,000 | 61,797,000 | 60,830,000 | 60,906,000 | 62,364,000 | 63,588,000 | 62,154,000 | 57,914,000 | 58,316,000 | 59,418,000 | 59,629,000 | 60,309,000 | 73,664,000 | 73,191,000 | 70,374,000 | 63,335,000 | 59,557,000 | 4,430,000 |
operating lease right-of-use assets | 26,606,000 | 28,978,000 | 30,914,000 | 31,565,000 | 33,702,000 | 34,607,000 | 35,859,000 | 36,873,000 | 34,807,000 | 37,365,000 | 39,181,000 | 42,218,000 | 40,072,000 | 41,194,000 | 43,485,000 | 46,418,000 | 45,248,000 | 41,745,000 | 42,291,000 | 43,248,000 | 45,019,000 | 34,587,000 | 36,909,000 | 40,481,000 | 32,965,000 | 11,147,000 | 12,151,000 | 11,698,000 | 12,378,000 | ||||||
goodwill | 191,397,000 | 191,397,000 | 189,641,000 | 189,641,000 | 189,641,000 | 69,679,000 | 69,679,000 | 69,679,000 | 69,679,000 | 69,679,000 | 69,679,000 | 57,779,000 | 57,779,000 | 57,779,000 | 57,779,000 | 57,779,000 | 57,775,000 | 57,775,000 | 57,775,000 | 57,775,000 | 57,775,000 | 55,830,000 | 55,830,000 | 55,830,000 | 55,830,000 | 55,830,000 | 55,484,000 | 55,484,000 | 41,878,000 | 41,878,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 |
intangible assets | 30,851,000 | 34,502,000 | 38,308,000 | 42,113,000 | 45,919,000 | 24,597,000 | |||||||||||||||||||||||||||||
deferred tax assets | 26,061,000 | 26,021,000 | 23,012,000 | 23,542,000 | 22,410,000 | 20,810,000 | 5,575,000 | 4,765,000 | 4,524,000 | 4,116,000 | 3,837,000 | 3,565,000 | 3,041,000 | 2,564,000 | 1,657,000 | 2,163,000 | 1,963,000 | 1,939,000 | 2,170,000 | 1,762,000 | 1,006,000 | 997,000 | 728,000 | 744,000 | 680,000 | 615,000 | 2,206,000 | 1,897,000 | 1,753,000 | 1,193,000 | 701,000 | 300,000 | 323,000 | 326,000 | 102,000 |
other assets | 317,258,000 | 323,322,000 | 311,756,000 | 308,869,000 | 316,500,000 | 310,701,000 | 271,101,000 | 248,344,000 | 221,577,000 | 217,847,000 | 198,708,000 | 189,006,000 | 182,994,000 | 181,503,000 | 168,798,000 | 159,102,000 | 152,174,000 | 147,494,000 | 110,106,000 | 96,487,000 | 89,406,000 | 85,555,000 | 66,620,000 | 60,606,000 | 56,397,000 | 54,684,000 | 43,123,000 | 39,414,000 | 36,511,000 | 34,611,000 | 6,649,000 | 6,665,000 | 7,744,000 | 8,436,000 | 7,056,000 |
total assets | 3,692,691,000 | 3,758,848,000 | 3,566,649,000 | 3,542,061,000 | 3,624,420,000 | 3,430,293,000 | 3,224,785,000 | 3,131,230,000 | 3,034,429,000 | 2,869,642,000 | 2,694,017,000 | 2,648,234,000 | 2,580,525,000 | 2,588,893,000 | 2,467,186,000 | 2,451,598,000 | 2,434,541,000 | 2,449,588,000 | 2,351,612,000 | 2,281,411,000 | 1,377,627,000 | 1,407,495,000 | 1,355,861,000 | 1,355,163,000 | 1,336,842,000 | 1,328,567,000 | 734,985,000 | 741,597,000 | 734,241,000 | 733,476,000 | 670,670,000 | 663,930,000 | 400,227,000 | 415,196,000 | 353,995,000 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||
accounts payable | 41,664,000 | 20,269,000 | 14,811,000 | 9,868,000 | 8,562,000 | 10,467,000 | 11,444,000 | 10,135,000 | 9,349,000 | 9,905,000 | 9,340,000 | 8,156,000 | 7,986,000 | 8,295,000 | 7,734,000 | 7,303,000 | 6,204,000 | 5,234,000 | 5,237,000 | 4,564,000 | 4,358,000 | 4,144,000 | 3,644,000 | 3,631,000 | 3,184,000 | 2,849,000 | 2,124,000 | 2,658,000 | 2,080,000 | 2,153,000 | 1,942,000 | 2,256,000 | 1,429,000 | 2,261,000 | 3,147,000 |
accrued compensation and benefits | 115,563,000 | 143,046,000 | 131,760,000 | 110,916,000 | 102,725,000 | 120,354,000 | 120,598,000 | 112,063,000 | 110,234,000 | 112,579,000 | 100,591,000 | 91,316,000 | 78,300,000 | 90,112,000 | 84,443,000 | 83,806,000 | 87,717,000 | 112,568,000 | 93,951,000 | 71,063,000 | 59,482,000 | 70,210,000 | 56,802,000 | 43,377,000 | 33,649,000 | 41,427,000 | 31,335,000 | 25,670,000 | 24,122,000 | 25,982,000 | 21,615,000 | 14,981,000 | 14,773,000 | 17,433,000 | 10,870,000 |
operating lease liabilities | 9,360,000 | 9,259,000 | 9,145,000 | 9,508,000 | 8,914,000 | 9,126,000 | 10,787,000 | 11,048,000 | 9,881,000 | 9,797,000 | 9,592,000 | 9,438,000 | 8,605,000 | 8,686,000 | 8,645,000 | 9,163,000 | 8,671,000 | 8,084,000 | 7,298,000 | 6,985,000 | 6,432,000 | 2,343,000 | 4,314,000 | 4,863,000 | 4,005,000 | 3,750,000 | 4,180,000 | 3,729,000 | 3,575,000 | ||||||
other accrued liabilities | 110,516,000 | 109,803,000 | 101,444,000 | 103,664,000 | 89,062,000 | 87,659,000 | 86,795,000 | 100,795,000 | 84,110,000 | 74,831,000 | 66,715,000 | 55,031,000 | 50,470,000 | 52,672,000 | 52,826,000 | 73,916,000 | 49,216,000 | 48,848,000 | 46,472,000 | 35,072,000 | 27,369,000 | 56,440,000 | 27,457,000 | 24,625,000 | 27,112,000 | 26,860,000 | 29,094,000 | 25,921,000 | 20,138,000 | 14,169,000 | 12,169,000 | 13,473,000 | 8,518,000 | 8,423,000 | 10,788,000 |
deferred revenue | 341,076,000 | 387,119,000 | 300,873,000 | 275,877,000 | 295,735,000 | 334,381,000 | 286,431,000 | 307,114,000 | 323,920,000 | 357,108,000 | 303,325,000 | 348,355,000 | 387,206,000 | 428,747,000 | 364,159,000 | 350,709,000 | 351,914,000 | 352,001,000 | 279,241,000 | 230,219,000 | 231,040,000 | 221,404,000 | 179,322,000 | 176,165,000 | 173,067,000 | 167,498,000 | 137,789,000 | 131,024,000 | 128,252,000 | 122,333,000 | 136,609,000 | 125,526,000 | 119,936,000 | 114,500,000 | 92,447,000 |
total current liabilities | 618,179,000 | 669,496,000 | 558,033,000 | 509,833,000 | 504,998,000 | 561,987,000 | 1,640,775,000 | 541,155,000 | 537,494,000 | 564,220,000 | 489,563,000 | 512,296,000 | 532,567,000 | 588,512,000 | 517,807,000 | 524,897,000 | 503,722,000 | 526,735,000 | 432,199,000 | 347,903,000 | 328,681,000 | 354,541,000 | 271,539,000 | 252,661,000 | 241,017,000 | 242,384,000 | 204,522,000 | 189,002,000 | 178,167,000 | 164,637,000 | 172,335,000 | 156,236,000 | 144,656,000 | 142,617,000 | 117,252,000 |
deferred tax liability | 358,000 | 352,000 | 560,000 | 707,000 | 577,000 | 262,000 | 1,030,000 | 1,061,000 | 770,000 | ||||||||||||||||||||||||||
other liabilities | 26,891,000 | 29,454,000 | 27,964,000 | 29,037,000 | 33,482,000 | 33,042,000 | 34,884,000 | 36,501,000 | 38,157,000 | ||||||||||||||||||||||||||
total liabilities | 757,731,000 | 806,490,000 | 678,210,000 | 599,087,000 | 591,470,000 | 648,069,000 | 1,722,809,000 | 1,768,183,000 | 1,765,173,000 | 1,800,653,000 | 1,726,477,000 | 1,763,149,000 | 1,788,096,000 | 1,849,385,000 | 1,782,904,000 | 1,783,430,000 | 1,761,662,000 | 1,782,888,000 | 1,688,707,000 | 1,607,687,000 | 1,645,991,000 | 1,407,814,000 | 1,334,057,000 | 1,307,012,000 | 1,273,801,000 | 1,245,709,000 | 516,150,000 | 502,254,000 | 486,373,000 | 468,910,000 | 473,425,000 | 455,306,000 | 227,720,000 | 221,703,000 | 140,810,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||
common stock | 81,000 | 81,000 | 81,000 | 81,000 | 80,000 | 78,000 | 73,000 | 73,000 | 73,000 | 73,000 | 72,000 | 72,000 | 71,000 | 70,000 | 69,000 | 69,000 | 68,000 | ||||||||||||||||||
additional paid-in capital | 4,843,315,000 | 5,345,494,000 | 5,152,122,000 | 5,064,031,000 | 4,899,504,000 | 4,625,093,000 | 3,357,146,000 | 3,210,146,000 | 3,068,730,000 | 2,777,322,000 | 2,634,381,000 | 2,517,249,000 | 2,382,121,000 | 2,276,694,000 | 2,159,957,000 | 2,059,405,000 | 1,945,737,000 | 1,860,514,000 | 1,770,635,000 | 1,699,150,000 | 680,413,000 | 932,332,000 | 883,002,000 | 836,293,000 | 785,730,000 | 752,127,000 | 825,577,000 | 804,224,000 | 775,185,000 | 754,612,000 | 734,381,000 | 714,401,000 | 646,973,000 | 638,680,000 | 632,055,000 |
treasury stock | -8,283,000 | -494,569,000 | -346,654,000 | -201,341,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 | -1,319,000 |
accumulated other comprehensive income | 7,268,000 | 13,207,000 | 10,275,000 | 5,581,000 | 13,015,000 | -924,000 | 2,606,000 | 901,000 | -6,003,000 | 4,545,000 | 834,000 | -704,000 | -337,000 | 69,000 | 998,000 | 225,000 | 189,000 | ||||||||||||||||||
accumulated deficit | -1,907,421,000 | -1,911,855,000 | -1,927,385,000 | -1,925,378,000 | -1,878,330,000 | -1,840,704,000 | -1,856,530,000 | -1,846,754,000 | -1,792,225,000 | -1,711,632,000 | -1,656,172,000 | -1,626,875,000 | -1,589,278,000 | -1,535,032,000 | -1,470,634,000 | -1,385,793,000 | -1,266,928,000 | -1,189,634,000 | -1,105,186,000 | -1,023,893,000 | -946,760,000 | -935,403,000 | -859,602,000 | -786,951,000 | -722,426,000 | -668,232,000 | -605,669,000 | -563,286,000 | -525,950,000 | -488,607,000 | -535,490,000 | -504,170,000 | -472,924,000 | -443,760,000 | -417,386,000 |
total stockholders’ equity | 2,934,960,000 | 2,952,358,000 | 2,888,439,000 | 2,942,974,000 | 3,032,950,000 | 2,782,224,000 | 1,501,976,000 | 1,363,047,000 | 1,269,256,000 | 1,068,989,000 | 967,540,000 | 885,085,000 | 792,429,000 | 739,508,000 | 684,282,000 | 668,168,000 | 672,879,000 | 666,700,000 | 662,905,000 | 673,724,000 | -5,033,000 | 21,804,000 | 48,151,000 | 63,041,000 | 82,858,000 | 218,835,000 | 239,343,000 | 247,868,000 | 264,566,000 | 197,245,000 | 208,624,000 | 172,507,000 | 193,493,000 | 213,185,000 | |
total liabilities and stockholders’ equity | 3,692,691,000 | 3,758,848,000 | 3,566,649,000 | 3,542,061,000 | 3,624,420,000 | 3,430,293,000 | 3,224,785,000 | 3,131,230,000 | 3,034,429,000 | 2,869,642,000 | 2,694,017,000 | 2,648,234,000 | 2,580,525,000 | 2,588,893,000 | 2,467,186,000 | 2,451,598,000 | 2,434,541,000 | 1,355,861,000 | 1,355,163,000 | 1,336,842,000 | 1,328,567,000 | 734,985,000 | 741,597,000 | 734,241,000 | 733,476,000 | 670,670,000 | 663,930,000 | 400,227,000 | |||||||
convertible senior notes | 1,124,720,000 | 1,144,977,000 | 1,144,125,000 | 1,143,273,000 | 1,142,423,000 | 1,141,574,000 | 1,140,727,000 | 1,139,880,000 | 1,139,042,000 | 1,138,200,000 | 1,137,361,000 | 1,136,521,000 | 1,135,684,000 | 1,136,697,000 | 1,192,488,000 | 937,729,000 | 947,652,000 | 935,292,000 | 923,098,000 | 911,075,000 | 226,690,000 | 223,356,000 | 220,079,000 | 216,858,000 | 213,692,000 | 210,553,000 | |||||||||
acquired intangible assets | 963,000 | 1,133,000 | 1,303,000 | 3,957,000 | 7,127,000 | 6,838,000 | 9,133,000 | 11,428,000 | 13,723,000 | 16,018,000 | 18,313,000 | 20,608,000 | 22,903,000 | 25,198,000 | 27,493,000 | 26,275,000 | 28,400,000 | 30,525,000 | 32,650,000 | 34,779,000 | 36,982,000 | 40,102,000 | 14,223,000 | 15,894,000 | 965,000 | 1,185,000 | 1,406,000 | 1,627,000 | 1,848,000 | ||||||
deferred tax liability, non-current | 285,000 | 1,134,000 | 907,000 | 598,000 | 225,000 | 406,000 | 95,000 | 93,000 | 81,000 | 128,000 | 76,000 | 73,000 | 773,000 | 828,000 | 826,000 | 821,000 | 821,000 | 114,000 | 114,000 | 109,000 | 106,000 | 42,000 | 39,000 | 19,000 | 18,000 | 259,000 | |||||||||
operating lease liabilities, non-current | 30,918,000 | 33,131,000 | 36,959,000 | 35,611,000 | 36,264,000 | 37,261,000 | 40,437,000 | 40,279,000 | 38,707,000 | 41,072,000 | 43,312,000 | 45,835,000 | 39,095,000 | 36,501,000 | 38,873,000 | 29,625,000 | 8,113,000 | 9,044,000 | 9,002,000 | 9,827,000 | |||||||||||||||
deferred revenue, non-current | 20,296,000 | 17,436,000 | 20,286,000 | 25,547,000 | 31,524,000 | 34,014,000 | 24,462,000 | 23,555,000 | 23,179,000 | 18,704,000 | 19,058,000 | 17,263,000 | 16,547,000 | 16,497,000 | 18,851,000 | 19,954,000 | 23,281,000 | 14,601,000 | 19,175,000 | 15,443,000 | 15,343,000 | 17,229,000 | 20,235,000 | 21,909,000 | 22,930,000 | 22,326,000 | |||||||||
other liabilities, non-current | 41,661,000 | 42,790,000 | 51,127,000 | 53,046,000 | 52,980,000 | 54,374,000 | 55,339,000 | 56,652,000 | 57,665,000 | 60,920,000 | 60,641,000 | 61,651,000 | 59,129,000 | 61,040,000 | 60,509,000 | 59,286,000 | 60,035,000 | 61,179,000 | 61,605,000 | 62,748,000 | 69,399,000 | 67,944,000 | 66,401,000 | 59,739,000 | 55,213,000 | ||||||||||
accumulated other comprehensive loss | -9,422,000 | -4,042,000 | -905,000 | -3,791,000 | -4,194,000 | -4,679,000 | -2,928,000 | -1,292,000 | -280,000 | -760,000 | -332,000 | -103,000 | -174,000 | -380,000 | -340,000 | -274,000 | -159,000 | -216,000 | |||||||||||||||||
temporary equity, convertible senior notes | 4,714,000 | ||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||
class a common stock | 67,000 | 67,000 | 66,000 | 62,000 | 61,000 | 60,000 | 59,000 | 50,000 | 48,000 | 48,000 | 47,000 | 42,000 | 36,000 | 35,000 | 30,000 | 24,000 | 13,000 | 9,000 | |||||||||||||||||
total liabilities, temporary equity and stockholders’ equity | 2,449,588,000 | 2,351,612,000 | 2,281,411,000 | 1,407,495,000 | |||||||||||||||||||||||||||||||
liabilities and stockholders’ deficit | |||||||||||||||||||||||||||||||||||
stockholders’ deficit: | |||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -268,364,000 | ||||||||||||||||||||||||||||||||||
total liabilities, temporary equity and stockholders’ deficit | 1,377,627,000 | ||||||||||||||||||||||||||||||||||
class b common stock | 8,000 | 9,000 | 9,000 | 9,000 | 13,000 | 18,000 | 18,000 | 22,000 | 27,000 | 38,000 | 42,000 | ||||||||||||||||||||||||
deferred rent, non-current | 2,567,000 | 2,183,000 | 1,842,000 | 1,397,000 | 925,000 | 973,000 | |||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ equity | |||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock | |||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock, par value 0.001 per share... | |||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ equity | 415,196,000 | 353,995,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | 2023-04-30 | 2023-01-31 | 2022-10-31 | 2022-07-31 | 2022-04-30 | 2022-01-31 | 2021-10-31 | 2021-07-31 | 2021-04-30 | 2021-01-31 | 2020-10-31 | 2020-07-31 | 2020-04-30 | 2020-01-31 | 2019-10-31 | 2019-07-31 | 2019-04-30 | 2019-01-31 | 2018-10-31 | 2018-07-31 | 2018-04-30 | 2018-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||
net income | 4,434,000 | |||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
depreciation and amortization | 5,555,000 | 5,740,000 | 5,668,000 | 5,677,000 | 5,309,000 | 2,171,000 | 2,405,000 | 2,349,000 | 4,826,000 | 5,682,000 | 4,711,000 | 4,173,000 | 4,373,000 | 4,198,000 | 4,167,000 | 3,958,000 | 3,787,000 | 3,682,000 | 3,367,000 | 3,371,000 | 3,251,000 | 4,662,000 | 3,793,000 | 2,858,000 | 2,864,000 | 2,959,000 | 3,795,000 | 3,706,000 | 2,323,000 | 2,458,000 | 1,711,000 | 806,000 | 817,000 | 914,000 |
stock-based compensation | 137,830,000 | 143,993,000 | 133,630,000 | 140,400,000 | 132,431,000 | 125,042,000 | 125,712,000 | 122,423,000 | 120,763,000 | 123,811,000 | 115,829,000 | 113,312,000 | 103,955,000 | 102,136,000 | 99,198,000 | 96,554,000 | 83,566,000 | 73,742,000 | 68,708,000 | 57,705,000 | 50,914,000 | 41,269,000 | 39,952,000 | 37,525,000 | 30,567,000 | 24,738,000 | 19,367,000 | 17,662,000 | 14,009,000 | 10,553,000 | 10,264,000 | 9,078,000 | 7,508,000 | 6,169,000 |
amortization of finance right-of-use assets | 994,000 | 993,000 | 995,000 | 993,000 | 993,000 | 993,000 | 994,000 | 994,000 | 993,000 | 994,000 | 994,000 | 993,000 | 994,000 | 993,000 | 994,000 | 993,000 | 994,000 | 993,000 | 993,000 | 994,000 | 994,000 | 994,000 | 993,000 | 994,000 | 994,000 | 994,000 | 994,000 | 994,000 | 994,000 | |||||
amortization of operating right-of-use assets | 2,578,000 | 2,546,000 | 2,899,000 | 2,841,000 | 2,758,000 | 2,948,000 | 3,229,000 | 2,592,000 | 2,479,000 | 2,430,000 | 2,302,000 | 2,254,000 | 2,225,000 | 2,309,000 | 2,331,000 | 2,440,000 | 2,018,000 | 1,800,000 | 1,778,000 | 1,710,000 | 1,522,000 | 1,633,000 | 1,893,000 | 1,482,000 | 1,372,000 | 960,000 | ||||||||
deferred income taxes | 19,000 | -2,471,000 | 447,000 | -1,159,000 | 25,000 | -15,995,000 | -825,000 | 19,000 | 7,000 | -1,002,000 | -195,000 | -189,000 | -188,000 | -976,000 | 716,000 | -241,000 | -61,000 | 132,000 | -333,000 | -793,000 | -1,585,000 | -276,000 | 60,000 | 142,000 | -290,000 | 1,249,000 | -309,000 | -3,675,000 | -557,000 | -4,609,000 | -398,000 | 43,000 | 4,000 | -465,000 |
amortization of premium and accretion of discount on short-term investments | -1,084,000 | -2,094,000 | -2,210,000 | -2,739,000 | -3,800,000 | -5,942,000 | -5,656,000 | -5,680,000 | -7,781,000 | -8,151,000 | -10,896,000 | -12,279,000 | -13,230,000 | |||||||||||||||||||||
realized and unrealized loss on financial instruments | -16,420,000 | 500,000 | 291,000 | 0 | 272,000 | |||||||||||||||||||||||||||||
unrealized foreign exchange loss | 148,000 | 1,078,000 | -171,000 | -759,000 | 1,970,000 | -2,956,000 | 788,000 | 1,089,000 | 115,000 | 870,000 | 429,000 | 2,814,000 | -410,000 | -1,725,000 | 581,000 | 729,000 | 315,000 | |||||||||||||||||
change in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||
accounts receivable | 112,951,000 | -81,222,000 | -66,993,000 | -38,090,000 | 79,895,000 | -57,978,000 | -24,557,000 | -46,027,000 | 59,326,000 | -53,400,000 | -397,000 | -61,206,000 | 73,364,000 | -53,190,000 | -18,780,000 | -48,220,000 | 28,740,000 | -15,385,000 | -63,215,000 | -18,822,000 | 35,145,000 | -43,476,000 | -1,749,000 | -6,045,000 | 3,637,000 | -17,815,000 | -1,097,000 | -4,740,000 | 10,960,000 | -28,712,000 | 1,238,000 | -6,283,000 | 14,312,000 | -11,248,000 |
prepaid expenses and other current assets | -13,388,000 | -9,173,000 | 2,773,000 | 317,000 | -4,973,000 | -24,231,000 | -1,964,000 | 149,000 | 1,233,000 | -12,908,000 | 3,485,000 | 124,000 | -2,909,000 | -3,867,000 | 1,274,000 | 8,201,000 | -3,293,000 | -12,645,000 | -1,371,000 | 3,178,000 | -9,027,000 | 4,577,000 | -1,599,000 | 1,612,000 | 234,000 | -3,983,000 | 314,000 | 135,000 | -260,000 | -1,344,000 | -2,108,000 | 1,336,000 | -3,246,000 | -475,000 |
deferred commissions | 12,239,000 | -20,743,000 | -3,548,000 | 6,728,000 | 7,772,000 | -30,333,000 | -18,821,000 | -15,153,000 | -4,820,000 | -24,670,000 | -12,720,000 | -7,104,000 | 2,664,000 | -19,168,000 | -13,354,000 | -11,833,000 | -4,722,000 | -49,923,000 | -18,363,000 | -10,574,000 | -5,882,000 | -24,462,000 | -8,168,000 | -5,930,000 | -3,063,000 | -16,157,000 | -5,159,000 | -4,059,000 | -2,987,000 | -10,620,000 | -4,194,000 | -744,000 | -576,000 | -3,328,000 |
other long-term assets | 1,125,000 | 992,000 | -2,931,000 | 1,525,000 | -12,593,000 | -12,973,000 | -8,395,000 | -9,475,000 | 166,000 | 4,000 | -77,000 | -92,000 | -46,000 | 934,000 | -171,000 | -504,000 | -358,000 | 524,000 | -239,000 | -75,000 | 23,000 | -977,000 | 39,000 | 14,000 | -170,000 | 95,000 | -175,000 | -5,000 | 32,000 | -181,000 | -79,000 | 116,000 | -70,000 | -17,000 |
accounts payable | 20,496,000 | 5,361,000 | 4,993,000 | 1,040,000 | -2,478,000 | -1,028,000 | 1,370,000 | 746,000 | -547,000 | 601,000 | 1,434,000 | -52,000 | -304,000 | 527,000 | 475,000 | 1,138,000 | 1,023,000 | 19,000 | 680,000 | 223,000 | 224,000 | 473,000 | 2,153,000 | -1,629,000 | 219,000 | 665,000 | -592,000 | 708,000 | -268,000 | -748,000 | 229,000 | 245,000 | -639,000 | -1,058,000 |
accrued liabilities | -22,802,000 | 16,907,000 | 13,525,000 | 16,751,000 | -19,353,000 | 2,760,000 | -6,719,000 | 22,687,000 | 6,526,000 | 19,188,000 | 16,855,000 | 16,090,000 | -12,631,000 | 2,580,000 | -18,568,000 | 22,815,000 | -23,016,000 | 25,110,000 | 32,671,000 | 18,619,000 | -17,152,000 | 15,226,000 | 16,240,000 | 6,172,000 | -2,779,000 | 4,263,000 | 7,891,000 | 4,961,000 | 3,324,000 | 6,380,000 | 5,227,000 | 3,924,000 | -1,967,000 | 5,952,000 |
operating lease liabilities | -2,476,000 | -2,784,000 | -3,570,000 | -2,063,000 | -2,688,000 | -2,931,000 | -3,777,000 | -3,183,000 | -2,185,000 | -2,889,000 | -2,333,000 | -2,262,000 | -2,394,000 | -2,588,000 | -2,555,000 | -2,357,000 | -2,192,000 | -2,523,000 | -1,748,000 | -1,568,000 | -1,027,000 | -1,277,000 | -2,699,000 | 1,088,000 | -1,126,000 | -1,312,000 | -897,000 | |||||||
deferred revenue | -39,864,000 | 102,907,000 | 58,989,000 | -9,906,000 | -39,624,000 | 54,990,000 | -17,039,000 | -16,882,000 | -37,431,000 | 56,313,000 | -47,374,000 | -44,084,000 | -47,266,000 | 61,786,000 | 23,642,000 | 179,000 | 152,000 | 78,743,000 | 48,707,000 | 42,000 | 9,749,000 | 42,474,000 | 809,000 | 1,607,000 | 3,349,000 | 38,156,000 | 2,565,000 | 6,066,000 | 6,267,000 | 20,163,000 | 7,683,000 | 4,334,000 | 4,500,000 | 22,266,000 |
other liabilities, non-current | -704,000 | 1,544,000 | 730,000 | -2,403,000 | 1,639,000 | -78,000 | 92,000 | -3,996,000 | 163,000 | 860,000 | -3,127,000 | -32,000 | 319,000 | 7,000 | 415,000 | 49,000 | 329,000 | -1,932,000 | 1,583,000 | 277,000 | 3,791,000 | 2,110,000 | 1,765,000 | 2,439,000 | 451,000 | 38,000 | ||||||||
net cash from operating activities | 201,631,000 | 179,604,000 | 143,510,000 | 72,105,000 | 109,929,000 | 50,538,000 | 37,438,000 | -1,398,000 | 63,613,000 | 54,627,000 | 38,422,000 | -25,302,000 | 53,730,000 | 25,871,000 | -5,744,000 | -44,671,000 | 11,574,000 | 22,311,000 | -5,790,000 | -19,758,000 | 10,217,000 | -18,645,000 | -8,120,000 | -10,030,000 | -5,878,000 | -8,618,000 | -11,543,000 | -12,593,000 | 3,214,000 | -9,480,000 | -7,608,000 | -16,852,000 | -8,049,000 | -7,712,000 |
capital expenditures | 322,000 | -145,000 | -1,233,000 | 146,000 | -1,337,000 | 0 | -1,981,000 | -1,051,000 | -539,000 | -2,738,000 | -2,078,000 | -635,000 | -623,000 | -711,000 | -1,381,000 | -2,614,000 | -2,538,000 | -3,556,000 | -2,184,000 | -1,705,000 | -627,000 | -831,000 | -5,646,000 | -3,791,000 | -1,505,000 | -1,214,000 | -754,000 | -1,207,000 | -106,000 | -3,150,000 | -2,137,000 | -1,194,000 | -367,000 | -421,000 |
free cash flows | 201,953,000 | 179,459,000 | 142,277,000 | 72,251,000 | 108,592,000 | 50,538,000 | 35,457,000 | -2,449,000 | 63,074,000 | 51,889,000 | 36,344,000 | -25,937,000 | 53,107,000 | 25,160,000 | -7,125,000 | -47,285,000 | 9,036,000 | 18,755,000 | -7,974,000 | -21,463,000 | 9,590,000 | -19,476,000 | -13,766,000 | -13,821,000 | -7,383,000 | -9,832,000 | -12,297,000 | -13,800,000 | 3,108,000 | -12,630,000 | -9,745,000 | -18,046,000 | -8,416,000 | -8,133,000 |
cash flows from investing activities | ||||||||||||||||||||||||||||||||||
purchases of property, equipment and other assets | -2,319,000 | -1,134,000 | -1,678,000 | -537,000 | -1,611,000 | |||||||||||||||||||||||||||||
investments in non-marketable securities | -3,000,000 | -866,000 | 0 | -3,500,000 | -4,822,000 | -5,500,000 | -250,000 | |||||||||||||||||||||||||||
business combination, net of cash acquired | 0 | 0 | -2,032,000 | |||||||||||||||||||||||||||||||
proceeds from maturities of marketable securities | 259,800,000 | 249,000,000 | 105,000,000 | 292,310,000 | 198,660,000 | 182,600,000 | 135,000,000 | 310,000,000 | 125,000,000 | 255,000,000 | 435,000,000 | 475,000,000 | 280,000,000 | 350,000,000 | 675,000,000 | 325,000,000 | 75,000,000 | 150,000,000 | 125,000,000 | 175,000,000 | 100,000,000 | 200,000,000 | 255,000,000 | 120,000,000 | 165,000,000 | 60,000,000 | 130,000,000 | 140,000,000 | 140,000,000 | 244,000,000 | 88,000,000 | 60,000,000 | 58,000,000 | 8,000,000 |
proceeds from non-marketable securities | 10,718,000 | |||||||||||||||||||||||||||||||||
purchases of marketable securities | -352,122,000 | -80,343,000 | 0 | -198,668,000 | -138,624,000 | -442,421,000 | -786,170,000 | -13,029,000 | -172,604,000 | 0 | -583,252,000 | -583,810,000 | -66,789,000 | -933,919,000 | -316,433,000 | -97,468,000 | -100,146,000 | -453,008,000 | -528,264,000 | -302,507,000 | -101,479,000 | -177,809,000 | -302,568,000 | -349,723,000 | -160,283,000 | -65,922,000 | -154,505,000 | -70,001,000 | -139,024,000 | -178,178,000 | -69,269,000 | -179,503,000 | ||
net cash from investing activities | -86,923,000 | 166,657,000 | 230,982,000 | 89,605,000 | 51,571,000 | -246,316,000 | -653,401,000 | 290,420,000 | -48,143,000 | 252,262,000 | -165,330,000 | -110,195,000 | 211,282,000 | -585,005,000 | 355,582,000 | 224,918,000 | -28,803,000 | -308,564,000 | -406,655,000 | -129,412,000 | -7,511,000 | 21,360,000 | -53,714,000 | -233,514,000 | 3,212,000 | -7,136,000 | -25,259,000 | 30,163,000 | 587,000 | 7,155,000 | 16,594,000 | -241,661,000 | 57,633,000 | -171,924,000 |
cash flows from financing activities | ||||||||||||||||||||||||||||||||||
repurchases of common stock | -100,255,000 | -57,254,000 | -148,633,000 | |||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 461,000 | 861,000 | 533,000 | 1,210,000 | 579,000 | 315,000 | 353,000 | 953,000 | 1,303,000 | 2,037,000 | 1,472,000 | 1,352,000 | 1,332,000 | 1,656,000 | ||||||||||||||||||||
taxes paid related to net share settlement of equity awards | -58,317,000 | -60,078,000 | ||||||||||||||||||||||||||||||||
principal payments of finance leases | -1,764,000 | -1,739,000 | -1,715,000 | -1,691,000 | -2,394,000 | -1,645,000 | -895,000 | |||||||||||||||||||||||||||
net cash from financing activities | -159,875,000 | -100,303,000 | -188,311,000 | -172,010,000 | -1,815,000 | 15,744,000 | -580,000 | 188,036,000 | -1,140,000 | 17,731,000 | -77,000 | 20,457,000 | 130,000 | 13,270,000 | 47,000 | 15,822,000 | 1,061,000 | 12,397,000 | 232,000 | 903,517,000 | -25,254,000 | 11,579,000 | 6,437,000 | 11,855,000 | -2,290,000 | 570,394,000 | 1,131,000 | 11,306,000 | 6,407,000 | 10,614,000 | 7,748,000 | 269,738,000 | 136,000 | -1,311,000 |
effect of exchange rate changes on cash, cash equivalents and restricted cash | -1,698,000 | 3,497,000 | 783,000 | 68,000 | 8,000,000 | -2,876,000 | -274,000 | -968,000 | -1,583,000 | 665,000 | -2,513,000 | 706,000 | 709,000 | 2,026,000 | -1,634,000 | -928,000 | -1,467,000 | -384,000 | -646,000 | -408,000 | -94,000 | 646,000 | 665,000 | 546,000 | -593,000 | 244,000 | 295,000 | |||||||
net increase in cash, cash equivalents and restricted cash | -46,865,000 | 249,455,000 | 186,964,000 | -10,232,000 | 167,685,000 | -182,910,000 | -616,817,000 | 476,090,000 | 12,747,000 | 325,285,000 | -129,498,000 | -114,334,000 | 265,851,000 | -543,838,000 | 348,251,000 | -274,240,000 | -412,859,000 | 14,940,000 | -54,732,000 | -231,143,000 | -5,549,000 | 554,884,000 | -35,376,000 | 28,624,000 | 10,227,000 | |||||||||
cash, cash equivalents and restricted cash, beginning of period | 1,086,625,000 | 0 | 0 | 492,753,000 | 0 | 0 | 803,643,000 | 0 | 0 | 456,339,000 | 0 | 0 | 474,420,000 | 0 | 0 | 430,222,000 | 0 | 0 | 706,706,000 | 0 | 0 | 148,347,000 | ||||||||||||
cash, cash equivalents and restricted cash, end of period | 1,039,760,000 | 186,964,000 | -10,232,000 | 660,438,000 | -616,817,000 | 476,090,000 | 816,390,000 | -129,498,000 | -114,334,000 | 722,190,000 | 348,251,000 | 195,141,000 | 456,785,000 | -412,859,000 | 753,939,000 | 407,580,000 | -54,732,000 | -231,143,000 | 701,157,000 | -35,376,000 | 28,624,000 | 158,574,000 | ||||||||||||
supplemental cash flow disclosure | ||||||||||||||||||||||||||||||||||
cash paid during the period for: | ||||||||||||||||||||||||||||||||||
income taxes, net of refunds | 3,837,000 | 187,000 | 6,558,000 | 3,899,000 | 3,273,000 | 6,576,000 | 2,154,000 | 2,973,000 | 2,509,000 | 2,508,000 | 3,146,000 | 3,021,000 | 2,644,000 | 1,589,000 | 1,289,000 | 1,367,000 | 995,000 | 487,000 | 105,000 | 553,000 | 735,000 | |||||||||||||
interest expense | 414,000 | 438,000 | 463,000 | 486,000 | 510,000 | 469,000 | 564,000 | 2,073,000 | 599,000 | 638,000 | 2,098,000 | 677,000 | 780,000 | 2,170,000 | 755,000 | 785,000 | 2,462,000 | 819,000 | 852,000 | 2,651,000 | 884,000 | |||||||||||||
noncash investing and financing activities: | ||||||||||||||||||||||||||||||||||
issuance of common stock in connection with a business combination | 0 | 0 | 0 | 141,402,000 | ||||||||||||||||||||||||||||||
purchases of property and equipment included in accounts payable and accrued liabilities | 2,641,000 | 989,000 | 445,000 | 683,000 | 274,000 | 283,000 | ||||||||||||||||||||||||||||
unpaid taxes for net share settlement of equity awards included in accrued compensation and benefits | 5,417,000 | 2,228,000 | ||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash within the condensed consolidated balance sheets, end of period, to the amounts shown in the statements of cash flows above: | ||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,036,354,000 | 249,448,000 | 186,953,000 | -10,670,000 | 657,809,000 | -182,921,000 | -617,847,000 | 475,197,000 | 815,704,000 | -129,500,000 | -114,612,000 | 721,787,000 | 348,254,000 | 195,145,000 | 456,275,000 | -412,856,000 | 753,941,000 | 407,055,000 | -54,730,000 | -231,153,000 | 700,645,000 | -35,377,000 | 28,624,000 | 158,060,000 | 111,617,000 | |||||||||
restricted cash, non-current | 3,406,000 | 7,000 | 11,000 | 438,000 | 2,629,000 | 11,000 | 1,030,000 | 893,000 | 686,000 | 2,000 | 278,000 | 403,000 | -3,000 | -4,000 | 510,000 | -3,000 | -2,000 | 525,000 | -2,000 | 10,000 | 512,000 | 1,000 | 0 | 514,000 | ||||||||||
total cash, cash equivalents and restricted cash | 1,039,760,000 | 249,455,000 | 186,964,000 | -10,232,000 | 660,438,000 | -182,910,000 | -616,817,000 | 476,090,000 | 816,390,000 | -129,498,000 | -114,334,000 | 722,190,000 | 348,251,000 | 195,141,000 | 456,785,000 | -412,859,000 | 753,939,000 | 407,580,000 | -54,732,000 | -231,143,000 | 701,157,000 | -35,376,000 | 28,624,000 | 158,574,000 | 112,139,000 | |||||||||
net loss | 15,530,000 | -2,007,000 | -47,048,000 | -37,626,000 | 15,826,000 | -9,776,000 | -54,529,000 | -80,593,000 | -55,460,000 | -29,297,000 | -37,597,000 | -54,246,000 | -64,398,000 | -84,841,000 | -118,865,000 | -77,294,000 | -84,448,000 | -81,293,000 | -77,133,000 | -63,992,000 | -75,801,000 | -72,651,000 | -64,525,000 | -53,967,000 | -62,563,000 | -42,383,000 | -37,336,000 | -33,240,000 | -7,281,000 | -31,320,000 | -31,246,000 | -29,164,000 | -26,374,000 | |
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
amortization of debt discount and issuance costs | 0 | 715,000 | 852,000 | 852,000 | 850,000 | 849,000 | 847,000 | 847,000 | 844,000 | 842,000 | 892,000 | 1,427,000 | 12,543,000 | 12,360,000 | 12,194,000 | 12,023,000 | 5,014,000 | 3,335,000 | 3,277,000 | 3,221,000 | 3,166,000 | 3,139,000 | ||||||||||||
change in operating assets and liabilities, net of effects of business combinations: | ||||||||||||||||||||||||||||||||||
business combinations, net of cash acquired | ||||||||||||||||||||||||||||||||||
proceeds from the sales of marketable securities | 0 | |||||||||||||||||||||||||||||||||
proceeds from settlement of capped calls and other | ||||||||||||||||||||||||||||||||||
proceeds from the issuance of common stock under the employee stock purchase plan | 17,907,000 | 0 | 17,408,000 | 0 | 17,133,000 | 0 | 13,226,000 | 0 | 12,246,000 | 0 | 9,560,000 | 0 | 7,026,000 | 0 | 4,906,000 | 0 | ||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of year | ||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of year | ||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||
common stock issued for conversion of convertible notes | ||||||||||||||||||||||||||||||||||
settlement of capped calls | ||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash within the consolidated balance sheets to the amounts shown in the statements of cash flows above: | ||||||||||||||||||||||||||||||||||
proceeds from settlement of capped calls | 0 | |||||||||||||||||||||||||||||||||
realized and unrealized gain on financial instruments | 253,000 | -338,000 | ||||||||||||||||||||||||||||||||
proceeds from exercise of stock options, including early exercised stock options | 2,074,000 | 1,846,000 | 2,206,000 | 3,539,000 | 3,202,000 | 6,747,000 | 4,051,000 | 3,000,000 | 3,492,000 | 1,933,000 | 4,913,000 | 6,437,000 | 4,613,000 | 9,525,000 | 7,818,000 | 288,000 | 166,000 | |||||||||||||||||
purchases of property and equipment | -1,981,000 | -1,051,000 | -539,000 | -2,738,000 | -2,078,000 | -635,000 | -623,000 | -711,000 | -1,381,000 | -2,614,000 | -2,538,000 | -3,556,000 | -2,184,000 | -1,705,000 | -627,000 | -831,000 | -5,646,000 | -3,791,000 | -1,505,000 | -1,214,000 | -754,000 | -1,207,000 | -389,000 | -3,150,000 | -2,137,000 | -1,194,000 | -367,000 | -421,000 | ||||||
unrealized gain on financial instruments | -479,000 | |||||||||||||||||||||||||||||||||
principal repayments of finance leases | -2,093,000 | -1,400,000 | -1,380,000 | -1,361,000 | -1,342,000 | -1,323,000 | -1,305,000 | -1,287,000 | -595,000 | -1,923,000 | -1,234,000 | -1,216,000 | -1,199,000 | -1,183,000 | -1,166,000 | -1,149,000 | -1,135,000 | -1,117,000 | ||||||||||||||||
unrealized gain on non-marketable securities | 250,000 | 0 | 932,000 | -2,226,000 | ||||||||||||||||||||||||||||||
proceeds from issuance of common stock, net of issuance costs | 0 | -380,000 | ||||||||||||||||||||||||||||||||
repayments of convertible senior notes attributable to principal | 0 | 0 | 0 | -27,594,000 | ||||||||||||||||||||||||||||||
unrealized foreign exchange gain | 1,016,000 | |||||||||||||||||||||||||||||||||
investment in non-marketable securities | 0 | -750,000 | -1,306,000 | -375,000 | -1,604,000 | 0 | -1,119,000 | -2,000,000 | -1,207,000 | -200,000 | -936,000 | 0 | ||||||||||||||||||||||
business combination | ||||||||||||||||||||||||||||||||||
acquisition, net of cash acquired | 0 | 0 | 0 | -4,469,000 | 0 | 0 | ||||||||||||||||||||||||||||
payments of issuance costs for convertible senior notes | 0 | 0 | 0 | -4,154,000 | ||||||||||||||||||||||||||||||
repurchase of early exercised stock options | 0 | 0 | -10,000 | -1,000 | -8,000 | -4,000 | -1,000 | -30,000 | 0 | -18,000 | -157,000 | -152,000 | -93,000 | |||||||||||||||||||||
proceeds from tenant improvement allowance on build-to-suit lease | 1,095,000 | 257,000 | ||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 845,000 | 845,000 | 840,000 | |||||||||||||||||||||||||||||||
accretion of discount on short-term investments | -1,122,000 | 1,845,000 | 2,231,000 | 2,562,000 | 1,984,000 | 1,467,000 | 1,527,000 | 1,077,000 | 604,000 | -28,000 | -193,000 | -441,000 | -868,000 | -1,242,000 | -1,509,000 | |||||||||||||||||||
gain on non-marketable securities | 0 | 57,000 | -1,751,000 | |||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -17,635,000 | -22,642,000 | ||||||||||||||||||||||||||||||||
non-cash interest on finance lease liabilities | 0 | 0 | 918,000 | 905,000 | ||||||||||||||||||||||||||||||
loss on early extinguishment of debt | ||||||||||||||||||||||||||||||||||
proceeds from borrowings on convertible senior notes, net of issuance costs | -2,016,000 | |||||||||||||||||||||||||||||||||
payment for purchase of capped calls | 0 | 0 | ||||||||||||||||||||||||||||||||
proceeds from tenant improvement allowance on finance lease | ||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash within the condensed consolidated balance sheets, end of period, to the amounts shown in the statements of cash flows above | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from (used) in operating activities: | ||||||||||||||||||||||||||||||||||
deferred rent | 384,000 | 341,000 | 445,000 | 472,000 | -48,000 | |||||||||||||||||||||||||||||
payments for 2024 notes partial repurchase | ||||||||||||||||||||||||||||||||||
change in fair value of warrant liability | 0 | |||||||||||||||||||||||||||||||||
change in operating assets and liabilities, net of the impact from the acquisition: | ||||||||||||||||||||||||||||||||||
proceeds from initial public offering, net of underwriting discounts and commissions | ||||||||||||||||||||||||||||||||||
proceeds from exercise of redeemable convertible preferred stock warrants | 0 | |||||||||||||||||||||||||||||||||
payment of initial public offering costs | -1,384,000 | |||||||||||||||||||||||||||||||||
construction in progress related to build-to-suit lease obligations | 4,225,000 | |||||||||||||||||||||||||||||||||
operating lease right-of-use assets | ||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents, and restricted cash | 19,000 | 53,000 | -18,000 | -75,000 | -8,000 | 109,000 | ||||||||||||||||||||||||||||
noncash investing and financing activities | ||||||||||||||||||||||||||||||||||
vesting of early exercised stock options | 127,000 | 533,000 | ||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents, and restricted cash within the condensed consolidated balance sheets, end of period, to the amounts shown in the statements of cash flows above: | ||||||||||||||||||||||||||||||||||
non-cash interest on office financing lease | 911,000 | |||||||||||||||||||||||||||||||||
proceeds from convertible senior notes, net of issuance costs | ||||||||||||||||||||||||||||||||||
proceeds from issuance of series f financing, net of issuance cost | ||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | 11,150,000 | 49,712,000 | -180,838,000 | |||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, beginning of year | ||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, end of year | ||||||||||||||||||||||||||||||||||
construction costs related to build-to-suit lease obligations | ||||||||||||||||||||||||||||||||||
conversion of redeemable convertible preferred stock warrant liability to redeemable convertible preferred stock as a result of warrant exercise | ||||||||||||||||||||||||||||||||||
conversion of redeemable convertible preferred stock to common stock | ||||||||||||||||||||||||||||||||||
estimated fair value of office space under a build-to-suit lease | ||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents, and restricted cash within the consolidated balance sheets to the amounts shown in the statements of cash flows above: | ||||||||||||||||||||||||||||||||||
proceeds from the ipo, net of underwriting discounts and commissions | ||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, beginning of period | 0 | 62,427,000 | 0 | |||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, end of period | 11,150,000 | 112,139,000 | -180,838,000 | |||||||||||||||||||||||||||||||
supplemental cash flow disclosure of noncash investing and financing activities | ||||||||||||||||||||||||||||||||||
costs related to initial public offering included in accounts payable and accrued liabilities | ||||||||||||||||||||||||||||||||||
restricted cash, current | 522,000 | |||||||||||||||||||||||||||||||||
proceeds from the initial public offering, net of underwriting discounts and commissions | ||||||||||||||||||||||||||||||||||
supplemental disclosure of noncash investing and financing activities |