7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 
      
    		                   
      cash flows from operating activities:
    		                   
      net income
    		-257,371,000 -279,800,000 -216,340,000 -221,052,000 -240,447,000 -207,195,000 -271,920,000 -325,340,000 -278,808,000 -284,841,000 -269,948,000 -291,485,000 -301,902,000 -178,734,000 -162,020,000 -147,257,000 -77,190,000 -142,930,000 -136,103,000 
      adjustments to reconcile consolidated net income to net cash from operating activities:
    		                   
      depreciation and amortization
    		55,313,000 53,784,000 53,734,000 51,311,000 68,613,000 52,772,000 53,741,000 54,531,000 53,600,000 52,599,000 47,412,000 42,538,000 34,052,000 28,996,000 24,497,000 22,183,000 19,029,000 17,790,000 16,620,000 
      stock-based compensation expense
    		286,930,000 284,762,000 258,936,000 258,236,000 265,165,000 251,891,000 240,502,000 250,679,000 220,022,000 212,362,000 184,904,000 169,456,000 161,359,000 146,388,000 112,295,000 120,220,000 89,319,000 81,659,000 50,744,000 
      operating lease non-cash expense
    		27,944,000 30,419,000 30,300,000 29,527,000 31,104,000 29,766,000 27,722,000 26,262,000 26,048,000 23,509,000 21,244,000 19,985,000 18,815,000 16,303,000 13,997,000 11,858,000 11,392,000   
      accretion on marketable securities
    		-15,760,000                   
      amortization of debt issuance costs
    		359,000 355,000 351,000 348,000 344,000 341,000 338,000 334,000 331,000 327,000 324,000 321,000 318,000 311,000 311,000     
      impairment expense, (gain)/loss on investment and other asset sales, and other
    		-2,159,000 4,901,000 -215,000  1,907,000 380,000 63,000 1,222,000 1,578,000 -2,067,000 8,236,000         
      changes in operating assets and liabilities, net of effect of acquisitions:
    		                   
      accounts receivable
    		-109,112,000 -123,636,000 211,324,000 -229,939,000 -40,585,000 -14,023,000 174,068,000 -219,346,000 -29,454,000 9,435,000 113,193,000 -192,427,000 1,630,000 -9,865,000 128,183,000 -138,130,000 47,126,000 16,704,000 13,256,000 
      prepaid expenses and other current assets
    		2,912,000 -12,036,000 -12,449,000 -6,480,000 16,295,000 2,355,000 -15,310,000 -10,909,000 4,298,000 2,200,000 -8,359,000 8,835,000 -15,681,000 -15,983,000 -10,940,000 5,908,000 7,763,000 -16,297,000 -10,967,000 
      deferred cost of revenue
    		-115,294,000 -63,102,000 -30,219,000 -66,206,000 -46,876,000 -19,247,000 -33,368,000 -77,805,000 -23,477,000 -18,460,000 -20,137,000 -52,530,000 -32,519,000 -2,621,000 -14,049,000 -38,296,000 -26,669,000 -45,601,000 -62,262,000 
      other assets
    		922,000 -2,018,000 -5,146,000 1,546,000 1,744,000 -6,717,000 51,000 228,000 502,000 -4,533,000 -2,158,000 -1,719,000 -266,000 1,199,000 -435,000 2,821,000 2,288,000 -3,075,000 -3,401,000 
      accounts payable
    		8,262,000 -5,534,000 18,967,000 -3,123,000 4,424,000 -5,252,000 -3,576,000 -7,330,000 2,279,000 -16,731,000 18,307,000 18,633,000 2,304,000 -6,867,000 -3,768,000 23,599,000 -2,543,000 3,095,000 -782,000 
      accrued expenses and other current liabilities
    		29,061,000 12,884,000 -5,200,000 12,573,000 8,238,000 -14,295,000 -9,221,000 11,279,000 19,745,000 -5,340,000 -17,004,000 12,578,000 2,642,000 6,406,000 -2,066,000 20,711,000 -36,031,000 57,856,000 16,273,000 
      developer exchange liability
    		77,515,000 -31,987,000 6,561,000 9,329,000 -18,000 37,613,000 -22,190,000 75,438,000 18,880,000 -7,291,000 -3,865,000 63,337,000 21,175,000 -2,624,000 -14,090,000 46,150,000 27,141,000 6,278,000 3,425,000 
      deferred revenue
    		574,379,000 363,260,000 175,496,000 385,613,000 212,159,000 68,466,000 129,184,000 382,196,000 130,943,000 105,372,000 123,783,000 325,450,000 187,991,000 52,140,000 96,797,000 203,552,000 131,439,000 215,497,000 269,439,000 
      operating lease liabilities
    		-31,474,000 -27,591,000 -25,496,000 -22,807,000 -25,292,000 -10,226,000 -19,103,000 -3,617,000 -15,994,000 -18,844,000 -11,999,000 -14,886,000 -11,259,000 -10,021,000 -11,709,000 -10,688,000 -11,413,000 -29,790,000 17,148,000 
      other long-term liabilities
    		13,757,000 9,672,000 2,678,000 7,286,000 11,564,000 4,355,000 7,963,000             
      net cash from operating activities
    		546,184,000 199,262,000 443,914,000 184,491,000 247,430,000 151,449,000 238,946,000 143,305,000 112,704,000 28,390,000 173,781,000 119,219,000 67,144,000 26,497,000 156,436,000 122,223,000 181,166,000 191,251,000 164,469,000 
      capex
    		-102,582,000 -22,610,000 -17,365,000 -63,860,000 -29,405,000 -39,701,000 -46,680,000 -65,197,000 -53,196,000 -110,915,000 -91,359,000 -157,205,000 -133,356,000 -83,812,000 -51,790,000 -44,942,000 -2,963,000 -23,235,000 -22,133,000 
      free cash flows
    		443,602,000 176,652,000 426,549,000 120,631,000 218,025,000 111,748,000 192,266,000 78,108,000 59,508,000 -82,525,000 82,422,000 -37,986,000 -66,212,000 -57,315,000 104,646,000 77,281,000 178,203,000 168,016,000 142,336,000 
      cash flows from investing activities:
    		                   
      acquisition of property and equipment
    		-102,582,000 -22,610,000 -17,365,000 -63,860,000 -29,405,000 -39,701,000 -46,680,000 -65,197,000 -53,196,000 -110,915,000 -91,359,000 -157,205,000 -133,356,000 -83,812,000 -51,790,000 -44,942,000 -2,963,000 -23,235,000 -22,133,000 
      payments related to business combination, net of cash acquired
    		   0 -840,000   0    -7,223,000 0   0    
      purchases of intangible assets
    		   0 0 -170,000 -1,200,000 0 0 -13,000,000 -500,000 0    0 -7,600,000 0 -256,000 
      purchases of investments
    		-1,460,566,000 -1,440,877,000 -1,169,947,000 -1,168,353,000 -1,607,405,000 -834,026,000 -1,032,756,000 -788,063,000 -761,151,000 -702,560,000 -2,340,200,000         
      maturities of investments
    		859,189,000 809,200,000 1,000,250,000 920,200,000 842,450,000 715,500,000 873,820,000 686,709,000 632,000,000           
      sales of investments
    		161,492,000 259,920,000 151,771,000 227,501,000 161,547,000 105,074,000 128,232,000 115,416,000 117,487,000 145,000,000 84,279,000         
      net cash from investing activities
    		-543,467,000 -394,367,000 -35,291,000 -84,512,000 -633,653,000 -55,323,000 -78,584,000 -51,135,000 -68,719,000 -357,465,000 -2,347,780,000 -164,428,000 -134,856,000 -89,977,000 -51,790,000 -44,942,000    
      cash flows from financing activities:
    		                   
      proceeds from issuance of common stock
    		20,813,000 27,161,000 36,531,000 13,148,000 19,949,000 4,577,000 32,670,000 5,910,000 16,209,000 5,635,000 25,472,000 3,046,000 12,830,000 5,548,000 24,328,000 13,899,000 20,389,000 11,668,000 30,221,000 
      financing payments related to acquisitions
    		   0 0               
      net cash from financing activities
    		20,813,000 27,161,000 36,531,000 13,148,000 19,949,000 4,577,000 28,220,000 5,910,000 16,209,000 20,335,000 24,722,000 1,810,000 12,680,000 5,128,000 24,024,000 1,001,560,000 20,389,000 11,668,000 564,507,000 
      effect of exchange rate changes on cash and cash equivalents
    		-1,275,000 3,834,000 1,843,000 -4,075,000 2,499,000 -711,000 -634,000 337,000 -409,000 875,000 -68,000  1,064,000 863,000 -6,000  -3,000   
      net increase/(decrease) in cash and cash equivalents
    		22,255,000 -164,110,000 446,997,000 109,052,000 -363,775,000 99,992,000 187,948,000 98,417,000 59,785,000 -307,865,000 -2,149,345,000         
      cash and cash equivalents
    		                   
      beginning of period
    		0 0 711,683,000  0 0 678,466,000  0 0 2,977,474,000  0 0 3,004,300,000  0 0 893,943,000 
      end of period
    		22,255,000 -164,110,000 1,158,680,000  -363,775,000 99,992,000 866,414,000  59,785,000 -307,865,000 828,129,000  -53,968,000 -57,489,000 3,132,964,000  145,297,000 179,732,000 1,600,530,000 
      supplemental disclosure of noncash investing and financing activities:
    		                   
      property and equipment additions in accounts payable, accrued expenses and other current liabilities, and other long-term liabilities
    		11,247,000 21,294,000 15,093,000                 
      adjustments to reconcile net income including noncontrolling interests to net cash from operations:
    		                   
      (accretion)/amortization on marketable securities
    		  -19,368,000 -22,393,000 -20,909,000 -19,535,000 -19,998,000 -20,943,000 -20,474,000 -19,623,000 -12,122,000         
      impairment expense, (gain)/loss on investments and other asset sales, and other
    		                   
      payment of withholding taxes related to net share settlement of restricted stock units
    		           0 0 0 -150,000     
      proceeds from debt issuances
    		       0 0           
      payment of debt issuance costs
    		                   
      other financing activities
    		                   
      beginning of year
    		                   
      end of year
    		                   
      supplemental disclosure of cash flow information:
    		                   
      cash paid for interest
    		           19,375,000 0       
      cash paid for income taxes
    		           66,000        
      intangible asset purchases in accounts payable
    		                   
      fair value of unregistered restricted stock awards issued as consideration for a business combination
    		                   
      adjustments to reconcile net income including noncontrolling interest to net cash from operations:
    		                   
      property and equipment additions in accounts payable and accrued expenses and other liabilities
    		    -215,000 -6,614,000 30,084,000  20,985,000 -68,354,000 109,617,000 -53,922,000 -3,489,000 27,797,000 86,813,000 17,453,000 22,115,000 1,344,000 9,476,000 
      payments related to business combination, after acquisition date
    		      -4,450,000 0 0 0 -750,000 0        
      other long-term liability
    		       6,426,000 2,685,000 316,000 1,970,000 10,738,000 0   -167,000 -1,606,000 280,000 304,000 
      net proceeds from issuance of preferred stock
    		               0 0 0 534,286,000 
      property and equipment additions in accounts payable and accrued expenses and other current liabilities
    		                   
      conversion of convertible preferred stock to common stock upon direct listing
    		               0 0 0 879,113,000 
      unpaid debt issuance costs
    		                   
      payment of term license related obligations
    		           -1,236,000 0       
      fair value of common stock and unregistered restricted stock units issued as consideration for business combination
    		                   
      payment of debt issuance cost
    		            0 0 -154,000     
      adjustments to reconcile net income including noncontrolling interests to net cash, cash equivalents, and restricted cash from operations:
    		                   
      change in fair value of warrants
    		                   
      other non-cash charges/
    		           395,000 -1,515,000 2,048,000 -567,000 -457,000 1,121,000 68,000 -52,000 
      purchases of short-term investments
    		                   
      maturities of short-term investments
    		                   
      proceeds from issuance of preferred stock for warrant exercises
    		                   
      proceeds from 2030 notes
    		                   
      effect of exchange rate changes on cash, cash equivalents, and restricted cash
    		                   
      net increase/(decrease) in cash, cash equivalents, and restricted cash
    		                   
      cash, cash equivalents, and restricted cash
    		                   
      fair value of common stock and unregistered restricted units issued as consideration for business combination
    		                   
      fair value of common stock issued in exchange for intangible asset purchase
    		                   
      changes in operating assets and liabilities, net of effect of acquisitions
    		                   
      net increase in cash and cash equivalents
    		            -53,968,000 -57,489,000 128,664,000  145,297,000 179,732,000 706,587,000 
      capital contribution from noncontrolling interest holder
    		                   
      effect of exchange rate changes on cash, cash equivalents and restricted cash
    		                   
      net increase in cash, cash equivalents and restricted cash
    		                   
      changes in operating assets and liabilities:
    		                   
      net cash (used in)/provided by investing activities
    		                 -23,235,000 -22,389,000 
      operating lease right of use assets
    		                  -9,173,000 
    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.