7Baggers
Quarterly
Annual
    Unit: USD2025-07-31 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 2017-07-31 2017-04-30 2017-01-31 2016-10-31 
      
    		                                    
      cash flows from operating activities:
    		                                    
      net income
    		38,650,000 63,363,000 56,427,000 29,926,000 -126,101,000 -15,616,000 32,795,000 -15,853,000 -13,287,000 -70,969,000 -71,188,000 -99,116,000 -150,990,000 -111,635,000 -115,061,000 -419,852,000 -358,182,000 -123,640,000 -287,390,000 -265,048,000 -185,348,000 -240,671,000 -217,564,000 -229,300,000 -194,338,000 -209,813,000 -122,763,000 -94,265,000 -87,369,000 -85,674,000 -62,631,000 -61,487,000 -90,653,000 -111,977,000 -93,212,000 -162,169,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                    
      depreciation and amortization
    		18,250,000 18,024,000 18,247,000 18,180,000 18,213,000 18,597,000 18,202,000 18,187,000 17,310,000 19,599,000 19,640,000 19,839,000 20,829,000 21,541,000 22,291,000 23,291,000 23,764,000 23,522,000 23,588,000 23,499,000 24,058,000 24,175,000 23,078,000 22,462,000 21,872,000 20,735,000 18,822,000 16,183,000 14,289,000 12,998,000 11,682,000 11,333,000 10,465,000 9,762,000 9,600,000 8,572,000 
      stock-based compensation
    		85,171,000 84,242,000 93,428,000 88,749,000 81,574,000 82,292,000 85,969,000 83,998,000 72,592,000 72,908,000 85,290,000 80,955,000 80,148,000 84,506,000 88,045,000 90,547,000 89,607,000 95,286,000 84,454,000 89,198,000 92,861,000 92,096,000 85,615,000 81,426,000 73,407,000 94,832,000 72,565,000 65,925,000 55,396,000 44,946,000 42,011,000 35,515,000 37,805,000 50,351,000 52,607,000 90,728,000 
      amortization of debt discount and issuance costs
    		1,358,000 1,334,000 799,000 386,000 7,862,000 11,438,000 11,245,000 11,055,000 10,869,000 10,685,000 10,605,000 10,477,000 10,304,000 10,133,000 9,965,000 9,831,000 17,681,000 17,382,000 17,088,000 11,708,000  7,892,000 7,763,000 7,635,000  7,387,000 7,267,000 7,148,000         
      conversion of convertible senior notes attributable to debt discount and issuance costs
    		                                    
      operating lease cost, net of accretion
    		7,674,000 7,393,000 7,043,000 6,919,000 7,453,000 7,963,000 8,174,000 7,872,000 8,292,000 8,907,000 9,436,000 8,722,000 9,409,000 9,160,000 9,147,000 9,189,000 8,939,000 8,888,000 8,583,000 8,347,000 8,034,000 7,801,000 7,868,000 6,671,000             
      early exit of lease-related assets
    		        69,000 0 -805,000 -304,000                         
      gain on frame divestiture
    		                                    
      non-cash interest expense
    		    3,407,000 5,079,000 5,047,000 5,017,000 4,985,000 4,955,000 4,923,000 4,894,000 4,862,000 4,833,000 4,802,000 4,773,000 4,743,000 4,716,000 4,663,000 1,952,000                 
      inducement expense from partial repurchase of the 2027 notes
    		0 0                                   
      other
    		-139,000 -2,560,000 -1,313,000 -817,000 805,000 -5,258,000 -4,815,000 -4,044,000 -5,113,000 -3,848,000 -1,651,000 -776,000 2,101,000 2,025,000 2,084,000 3,072,000 -645,000 2,671,000 2,683,000 1,671,000 357,000 203,000 -339,000 103,000 -949,000 -716,000 -362,000 -759,000 -776,000 -327,000 10,000 131,000 -13,000 -152,000 560,000 369,000 
      changes in operating assets and liabilities:
    		                                    
      accounts receivable
    		-57,802,000 58,661,000 -125,198,000 52,453,000 -4,142,000 -30,007,000 -43,318,000 23,656,000 -21,117,000 23,881,000 -69,487,000 40,838,000 56,805,000 -19,633,000 -40,914,000 64,740,000 -37,546,000 22,856,000 19,079,000 60,094,000 -4,693,000 10,875,000 -32,440,000 30,592,000 -1,030,000 3,155,000 -9,918,000 23,497,000 -63,966,000        
      deferred commissions
    		-14,822,000 10,762,000 1,105,000 19,472,000 -6,019,000 369,000 -268,000 5,098,000 -7,320,000 -2,191,000 3,897,000 15,213,000 -13,793,000 2,955,000 -7,107,000 -6,225,000 -33,857,000 -26,357,000 -39,447,000 -28,230,000 -14,753,000 -11,641,000 -17,109,000 -18,313,000 -14,514,000 -9,164,000 -7,927,000 -7,728,000 -11,651,000        
      prepaid expenses and other assets
    		2,488,000 -4,756,000 -3,834,000 -1,999,000 9,035,000 -2,987,000 -20,121,000 60,696,000 -25,385,000 -5,510,000 -29,306,000 958,000 -4,443,000 -26,772,000 -11,702,000 6,751,000 8,432,000 4,842,000 -15,439,000 6,222,000 -2,282,000 3,307,000 -7,086,000 16,150,000 -6,942,000 11,400,000 -12,683,000 -3,812,000 -32,032,000 -2,485,000 -2,535,000 -307,000 13,798,000 -26,921,000 -3,547,000 840,000 
      accounts payable
    		26,244,000 4,108,000 4,120,000 -4,454,000 4,423,000 1,631,000 4,742,000 3,953,000 -4,494,000 -1,935,000 3,933,000 -7,104,000 -5,620,000 6,550,000 748,000 -3,139,000 -6,304,000 3,144,000 1,473,000 -4,075,000 -10,899,000 -2,247,000 -8,636,000 5,208,000 -4,953,000 10,907,000 6,262,000 1,292,000 -10,062,000 10,153,000 -10,056,000 -6,504,000 -11,188,000 21,126,000 6,290,000 5,052,000 
      accrued compensation and benefits
    		43,814,000 -18,320,000 43,698,000 -35,906,000 22,263,000 -4,498,000 41,579,000 -7,421,000 -8,383,000 13,823,000 18,353,000 -29,820,000 26,705,000 -26,883,000 20,469,000 -39,965,000 33,393,000 -22,070,000 29,552,000 10,041,000 30,221,000 -31,541,000 24,871,000 -4,786,000 24,772,000 -11,428,000 20,751,000 -19,689,000 24,177,000 -14,089,000 25,009,000 -7,220,000 687,000 20,189,000 8,293,000 3,518,000 
      accrued expenses and other liabilities
    		1,332,000 -3,921,000 3,047,000 -4,727,000 1,225,000 2,152,000 3,020,000 -89,029,000 -260,000 1,028,000 55,897,000 -3,474,000 -460,000 7,880,000 2,836,000 -6,207,000 10,785,000 1,939,000 3,338,000 -1,238,000 4,733,000 -2,307,000 6,746,000 -5,772,000 13,726,000 -12,151,000 -11,587,000 -7,442,000 35,442,000 -3,562,000 2,708,000 -293,000 -347,000 3,697,000 912,000 682,000 
      operating leases
    		-6,314,000 -7,886,000 -8,883,000 -6,871,000 -8,081,000 -7,510,000 -7,093,000 -7,791,000 -10,123,000 -10,169,000 -8,055,000 -11,910,000 -11,030,000 -12,124,000 -11,296,000 -12,323,000 -10,718,000 -10,341,000 -8,553,000 -7,970,000 -7,318,000 -8,037,000 -9,570,000 -3,469,000             
      deferred revenue
    		73,625,000 8,062,000 121,637,000 440,000 124,903,000 32,708,000 51,250,000 50,079,000 50,631,000 13,333,000 42,602,000 36,121,000 12,580,000 44,297,000 51,460,000 19,508,000 38,768,000 26,639,000 39,131,000 22,194,000 60,636,000 65,234,000 81,310,000 65,230,000 71,782,000 58,403,000 78,059,000 70,273,000 91,318,000 61,765,000 69,156,000 39,788,000 63,071,000 42,384,000 45,185,000 72,958,000 
      net cash from operating activities
    		219,529,000 218,506,000 221,670,000 161,751,000 244,697,000 96,353,000 186,408,000 145,473,000 58,309,000 74,497,000 74,084,000 65,513,000 38,004,000 -3,167,000 25,767,000 6,939,000 -24,630,000 -55,550,000 -15,557,000 -4,073,000 3,630,000 -84,861,000 -52,491,000 -26,163,000 -9,656,000 -36,490,000 38,490,000 49,824,000 22,745,000 13,308,000 46,395,000 10,107,000 5,919,000 -16,009,000 19,752,000 4,160,000 
      capex
    		-5,991,000 -15,510,000 -37,523,000 -5,314,000 -2,147,000 -18,694,000 -37,129,000 1,993,000 -13,261,000 -24,263,000 -3,172,000 -8,954,000 -17,666,000 -15,802,000 -1,706,000 3,255,000 -17,536,000 -10,981,000 -12,916,000 -9,304,000 -17,415,000 -38,685,000 -19,451,000 -6,003,000 -23,637,000 -19,787,000 -49,242,000 -14,115,000 -16,283,000 -9,484,000 -14,028,000 -10,881,000 -11,289,000 -15,668,000 -10,751,000 -6,882,000 
      free cash flows
    		213,538,000 202,996,000 184,147,000 156,437,000 242,550,000 77,659,000 149,279,000 147,466,000 45,048,000 50,234,000 70,912,000 56,559,000 20,338,000 -18,969,000 24,061,000 10,194,000 -42,166,000 -66,531,000 -28,473,000 -13,377,000 -13,785,000 -123,546,000 -71,942,000 -32,166,000 -33,293,000 -56,277,000 -10,752,000 35,709,000 6,462,000 3,824,000 32,367,000 -774,000 -5,370,000 -31,677,000 9,001,000 -2,722,000 
      cash flows from investing activities:
    		                                    
      maturities of investments
    		203,327,000 110,707,000 70,491,000 91,648,000 148,718,000 196,300,000 180,239,000 248,980,000 242,057,000 193,871,000 261,445,000 267,667,000 279,202,000 210,217,000 296,673,000 272,024,000 297,536,000 225,788,000 163,274,000 97,578,000 147,217,000 199,231,000 127,939,000 171,441,000 128,200,000 162,967,000 154,187,000 143,409,000 149,593,000 62,941,000 49,007,000 35,920,000 24,614,000 18,342,000 21,250,000 19,950,000 
      purchases of investments
    		-418,187,000 -448,250,000 -383,145,000 -110,011,000 -131,225,000 -284,780,000 -177,076,000 -278,178,000 -244,077,000 -202,269,000 -252,782,000 -256,202,000 -287,066,000 -238,032,000 -266,098,000 -290,050,000 -247,402,000 -285,759,000 -345,578,000 -513,998,000 -82,626,000 -107,932,000 -95,162,000 -321,474,000 -143,563,000 -157,515,000 -87,300,000 -79,766,000 -230,640,000 -302,675,000 -123,994,000 -59,108,000 -86,105,000 -38,870,000 -30,102,000 -87,448,000 
      sales of investments
    		1,005,000            0 0 0 17,999,000 0 67,056,000   4,535,000 46,731,000 16,277,000 7,870,000            31,638,000 
      proceeds from frame divestiture
    		                                    
      payments for acquisitions, net of cash acquired
    		    0 0                               
      purchases of property and equipment
    		-11,750,000 -15,095,000 -34,607,000 -9,831,000 -20,439,000 -18,029,000 -23,764,000 -13,020,000 -12,801,000 -21,831,000 -11,070,000 -19,702,000 -14,779,000 -16,889,000 -8,546,000 -8,844,000 -17,536,000 -15,943,000 -12,916,000 -12,252,000 -17,415,000 -32,622,000 -21,248,000 -18,203,000 -23,637,000 -22,432,000 -42,551,000 -29,832,000 -16,283,000 -14,096,000 -14,028,000 -17,965,000 -12,384,000 -13,181,000 -12,701,000 -11,915,000 
      net cash from investing activities
    		-225,605,000 -350,627,000 -347,261,000 -28,194,000 703,417,000 -106,509,000 -25,101,000 -42,218,000 -8,912,000 -30,229,000 -2,407,000 -8,237,000 -22,643,000 -44,704,000 22,029,000 -8,871,000 32,598,000 -8,858,000 -192,221,000 -428,672,000 51,711,000 105,408,000 27,806,000 -160,366,000 -39,000,000 -17,335,000 24,336,000 15,149,000 -96,765,000 -276,622,000 -89,015,000 -41,153,000 -73,875,000 -33,709,000 -20,551,000 -47,959,000 
      cash flows from financing activities:
    		                                    
      repayment of convertible notes
    		        0 0                           
      proceeds from sales of shares through employee equity incentive plans
    		410,000 39,225,000 1,187,000 28,113,000 911,000 35,507,000 1,370,000 13,783,000 23,233,000 372,000 710,000 22,186,000 1,182,000 34,591,000 1,914,000 30,139,000 3,423,000 40,439,000 2,304,000 19,600,000                 
      taxes paid related to net share settlement of equity awards
    		-43,717,000 -64,725,000 -68,920,000 -79,274,000 -49,932,000 -58,440,000   0                            
      proceeds from the issuance of convertible notes, net of issuance costs
    		0 0           0 -441,000 0 89,128,000 0 0 -140,000 723,757,000                 
      payment of third-party debt issuance costs
    		0 -677,000                                   
      partial repurchase of the 2027 notes
    		0 0                                   
      payment of revolver issuance costs
    		0                                    
      repurchases of common stock
    		-50,041,000 -37,759,000 -200,000,000 -20,100,000 -25,008,000 -46,939,000 -41,679,000 -17,513,000     0 0 0 -58,570,000 0 0 0 -125,079,000                 
      payment of finance lease obligations
    		-1,685,000 -998,000 -981,000 -964,000 -948,000 -1,170,000 -1,121,000 -637,000 419,000 -1,367,000 -488,000 -1,856,000 -463,000 -303,000 -104,000 -219,000                     
      deferred payment of purchases of property and equipment
    		                                    
      net cash from financing activities
    		-97,033,000 -67,728,000 481,072,000 -72,225,000 -892,610,000 -71,042,000 -94,610,000 -4,367,000 23,652,000 -11,209,000 -145,482,000 20,330,000 719,000 33,847,000 1,810,000 67,259,000 2,964,000 40,439,000 2,164,000 618,278,000 1,282,000 30,029,000 2,513,000 23,973,000 1,933,000 32,873,000 3,474,000 28,824,000 3,206,000 29,657,000 520,607,000 25,146,000 5,541,000 24,486,000 1,342,000 170,053,000 
      net increase in cash, cash equivalents and restricted cash
    		-103,109,000 -199,849,000 355,481,000 61,332,000 55,504,000 -81,198,000 66,697,000 98,888,000 73,049,000 33,059,000 -73,805,000 77,606,000 16,080,000 -14,024,000 49,606,000 65,327,000    185,533,000 56,623,000 50,576,000 -22,172,000 -162,556,000 -46,723,000 -20,952,000 66,300,000 93,797,000         
      cash, cash equivalents and restricted cash—beginning of period
    		0 0 0 655,662,000 0 0 0 515,771,000 0 0 0 405,862,000 0 0 0 288,873,000 0 0 0 321,991,000  0 0 399,520,000 0 0 0 307,098,000         
      cash, cash equivalents and restricted cash—end of period
    		-103,109,000 -199,849,000 355,481,000 716,994,000 55,504,000 -81,198,000 66,697,000 614,659,000 73,049,000 33,059,000 -73,805,000 483,468,000 16,080,000 -14,024,000 49,606,000 354,200,000 10,932,000 -23,970,000 -205,613,000 507,524,000  50,576,000 -22,172,000 236,964,000 -46,723,000 -20,952,000 66,300,000 400,895,000         
      restricted cash
    		-12,000 -287,000 -76,000 390,000 -1,739,000 21,000 -87,000 2,197,000 38,000 -258,000 211,000 2,851,000 -49,000 4,000 -158,000 3,215,000 -115,000 55,000 168,000 3,042,000  -62,000 -45,000 3,144,000  -61,000 76,000 1,109,000         
      cash and cash equivalents—end of period
    		-103,097,000 -199,562,000 355,557,000 716,604,000 57,243,000 -81,219,000 66,784,000 612,462,000 73,011,000 33,317,000 -74,016,000 480,617,000 16,129,000 -14,028,000 49,764,000 350,985,000 11,047,000 -24,025,000 -205,781,000 504,482,000  50,638,000 -22,127,000 233,820,000  -20,891,000 66,224,000 399,786,000 -70,814,000 -233,657,000 477,987,000 132,459,000 -62,415,000 -25,232,000 543,000 225,463,000 
      supplemental disclosures of cash flow information:
    		                                    
      cash paid for income taxes
    		6,987,000 6,267,000 9,987,000 9,296,000 2,709,000 6,770,000 6,034,000 8,134,000 9,203,000 5,387,000 8,556,000 7,635,000 3,252,000 5,017,000 5,903,000 6,181,000 3,419,000 4,221,000 3,949,000 5,050,000  3,463,000 3,416,000 7,779,000  2,708,000 20,113,000 3,910,000  3,961,000 2,011,000 2,066,000 1,654,000 1,215,000 1,646,000 698,000 
      supplemental disclosures of non-cash investing and financing information:
    		                                    
      purchases of property and equipment included in accounts payable and accrued and other liabilities
    		5,759,000 -415,000 -2,916,000 4,517,000 18,292,000 -665,000 -13,365,000 15,013,000 -460,000 -2,432,000 7,898,000 10,748,000 -2,887,000 1,087,000 6,840,000 12,099,000  4,962,000                   
      forfeited paid-in-kind interest recognized in equity upon note conversion
    		                                    
      unpaid taxes related to net share settlement of equity awards included in accrued expenses and other liabilities
    		10,869,000 -8,906,000 -5,328,000 16,788,000                                 
      change in fair value of derivative liability
    		            0 0 0 198,038,000 187,912,000 -85,027,000 101,640,000 64,740,000                 
      loss on debt extinguishment
    		            0 0 0 64,910,000                 0 0 0 3,320,000 
      payments of debt extinguishment costs
    		            0 0 0 -14,709,000                     
      proceeds from unwinding of convertible note hedges
    		            0 0 0 39,880,000                     
      payments for unwinding of warrants
    		            0 0 0 -18,390,000                     
      finance lease liabilities arising from obtaining right-of-use assets
    		       12,382,000 -168,000 3,841,000 -255,000 9,822,000 -668,000 11,000 3,291,000 7,857,000  3,809,000                   
      convertible senior notes offering costs included in accrued liabilities
    		              -7,000 700,000                     
      impairment and early exit of lease-related assets
    		                                    
      impairment of lease-related assets
    		                -1,402,000 0 0 2,822,000 0 0               
      change in fair value of contingent consideration
    		                        0 -37,000 4,000 -799,000 948,000 584,000 -4,237,000 282,000     
      payment of debt in conjunction with acquisitions
    		                                    
      payment of contingent consideration associated with an acquisition
    		                                    
      net decrease in cash, cash equivalents and restricted cash
    		                 -23,970,000                   
      purchases of property and equipment included in accounts payable and accrued liabilities
    		                   2,948,000  -6,063,000 1,797,000 12,200,000  2,645,000 -6,691,000 15,717,000  4,612,000       
      amortization of debt discount and issuance cost
    		                            7,031,000 6,916,000       
      payments for business combinations, net of cash and restricted cash acquired
    		                                    
      proceeds from sales of shares through employee equity incentive plans, net of repurchases
    		                    1,282,000 30,029,000 2,513,000 23,973,000 1,933,000 33,913,000 3,474,000 29,890,000 3,824,000   25,231,000 5,592,000    
      payment of contingent consideration associated with a business combination
    		                                    
      payment of debt in conjunction with business combinations
    		                        0    -268,000        
      proceeds from issuance of convertible senior notes
    		                        0 0   -350,000        
      payments for convertible note hedges
    		                            0 0       
      proceeds from issuance of warrants
    		                            0 0       
      payments of offering costs
    		                            0 0 0 -85,000 -108,000 0 634,000 -2,243,000 
      payment of issuance costs related to convertible senior notes
    		                                    
      issuance of common stock in connection with business combinations
    		                                    
      vesting of early exercised stock options
    		                         37,000 50,000 70,000  135,000 186,000 249,000 321,000 373,000 421,000 499,000 
      change in fair value of convertible preferred stock warrant liability
    		                                0 0 0 21,133,000 
      payments for business combinations, net of cash acquired
    		                            565,000        
      payment of contingent consideration associated with a business acquisition
    		                                    
      proceeds from initial public offering, net of underwriting discounts and commissions
    		                                0 0 0 254,455,000 
      repayment of senior notes
    		                                0 0 0 -75,000,000 
      debt extinguishment costs
    		                                0 0 0 -1,580,000 
      payment of offering costs
    		                                    
      convertible senior notes offering costs included in accounts payable and accrued liabilities
    		                             -282,000       
      payment for a business combination, net of cash and restricted cash acquired
    		                          0 -18,662,000         
      payment of debt in conjunction with a business combination
    		                          0 -991,000         
      issuance of common stock in connection with a business combination
    		                          0 102,978,000         
      payment of convertible notes issuance costs
    		                           -75,000         
      proceeds from issuance of senior notes
    		                                    
      net increase in cash and cash equivalents
    		                            -70,814,000 -233,657,000 477,987,000 -5,900,000 -62,415,000 -25,232,000 543,000 126,254,000 
      cash and cash equivalents—beginning of period
    		                            0 0 0 138,359,000 0 0 0 99,209,000 
      cash paid for interest
    		                                0 0 0 1,271,000 
      issuance of common stock for business combinations
    		                                    
      conversion of convertible preferred stock to common stock, net of issuance costs
    		                                0 0 0 310,379,000 
      reclassification of convertible preferred stock warrant liability to additional paid-in capital
    		                                0 0 0 30,812,000 
      offering costs included in accounts payable
    		                                34,000 0 -316,000 367,000 
      accounts receivable—net
    		                              -7,816,000 7,326,000 -8,541,000 -19,111,000 -3,517,000 -36,213,000 
      deferred commission
    		                              -17,644,000 -8,457,000 -11,089,000 -5,357,000 -3,419,000 -4,630,000 
      sale of investments
    		                                 0   
      payments for business acquisitions, net of cash acquired
    		                                0 0 0 -184,000 
      proceeds from issuance of convertible senior notes—net
    		                                    
      proceeds from sales of shares through employee equity incentive plans—net of repurchases
    		                                    
      proceeds from initial public offering—net of underwriting discounts and commissions
    		                                    
      payment of debt in conjunction with a business acquisition
    		                                0 0 0 -7,124,000 
      issuance of common stock for business acquisitions
    		                                0 0 0 27,063,000 
      purchases of property and equipment included in accounts payable
    		                               7,084,000 1,095,000 -2,487,000 1,950,000 5,033,000 
      proceeds from senior notes—net of issuance costs
    		                                    
      proceeds from issuance of convertible preferred stock—net of issuance costs
    		                                    
      proceeds from long-term debt - net of issuance costs
    		                                    
      proceeds from exercise of stock options, net of repurchases
    		                                  708,000 1,472,000 
    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.