Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 1,359,646,000 | 1,080,677,000 | 1,035,207,000 | 988,183,000 | 918,953,000 | 893,543,000 | 801,300,000 | 749,939,000 | 713,225,000 | 680,766,000 | 655,344,000 | 579,004,000 | 517,707,000 | 591,207,000 | 537,134,000 | 568,769,000 | 509,336,000 | 454,100,000 | 386,976,000 |
yoy | 47.96% | 20.94% | 29.19% | 31.77% | 28.84% | 31.26% | 22.27% | 29.52% | 37.77% | 15.15% | 22.01% | 1.80% | 1.64% | 30.19% | 38.80% | ||||
qoq | 25.81% | 4.39% | 4.76% | 7.53% | 2.84% | 11.51% | 6.85% | 5.15% | 4.77% | 3.88% | 13.18% | 11.84% | -12.43% | 10.07% | -5.56% | 11.67% | 12.16% | 17.35% | |
costs and expenses: | |||||||||||||||||||
cost of revenue | 296,456,000 | 236,113,000 | 224,725,000 | 218,741,000 | 204,998,000 | 198,557,000 | 178,866,000 | 171,664,000 | 163,581,000 | 162,029,000 | 151,841,000 | 142,432,000 | 126,437,000 | 143,157,000 | 135,632,000 | 151,988,000 | 130,015,000 | 116,930,000 | 97,937,000 |
gross profit | 1,063,190,000 | 844,564,000 | 810,482,000 | 769,442,000 | 713,955,000 | 694,986,000 | 622,434,000 | 578,275,000 | 549,644,000 | 518,737,000 | 503,503,000 | 436,572,000 | 391,270,000 | 448,050,000 | 401,502,000 | 416,781,000 | 379,321,000 | 337,170,000 | 289,039,000 |
yoy | 48.92% | 21.52% | 30.21% | 33.06% | 29.89% | 33.98% | 23.62% | 32.46% | 40.48% | 15.78% | 25.40% | 4.75% | 3.15% | 32.89% | 38.91% | ||||
qoq | 25.89% | 4.21% | 5.33% | 7.77% | 2.73% | 11.66% | 7.64% | 5.21% | 5.96% | 3.03% | 15.33% | 11.58% | -12.67% | 11.59% | -3.67% | 9.88% | 12.50% | 16.65% | |
gross margin % | 78.20% | 78.15% | 78.29% | 77.86% | 77.69% | 77.78% | 77.68% | 77.11% | 77.06% | 76.20% | 76.83% | 75.40% | 75.58% | 75.79% | 74.75% | 73.28% | 74.47% | 74.25% | 74.69% |
developer exchange fees | 427,931,000 | 316,371,000 | 281,564,000 | 280,610,000 | 231,536,000 | 208,270,000 | 202,405,000 | 221,750,000 | 170,719,000 | 165,843,000 | 182,440,000 | 182,115,000 | 151,470,000 | 143,148,000 | 147,122,000 | 159,717,000 | 129,952,000 | 129,714,000 | 118,938,000 |
infrastructure and trust & safety | 321,365,000 | 260,684,000 | 242,127,000 | 222,822,000 | 244,598,000 | 221,064,000 | 226,934,000 | 223,310,000 | 218,968,000 | 225,039,000 | 211,044,000 | 198,505,000 | 190,986,000 | 158,235,000 | 141,355,000 | 135,989,000 | 117,387,000 | 108,986,000 | 94,136,000 |
research and development | 398,306,000 | 384,996,000 | 374,600,000 | 355,034,000 | 365,424,000 | 361,684,000 | 362,065,000 | 341,129,000 | 321,613,000 | 315,319,000 | 275,537,000 | 248,407,000 | 235,551,000 | 211,757,000 | 177,762,000 | 173,570,000 | 138,245,000 | 124,748,000 | 96,644,000 |
general and administrative | 144,990,000 | 152,166,000 | 119,132,000 | 105,323,000 | 98,733,000 | 105,627,000 | 97,824,000 | 98,776,000 | 97,508,000 | 96,197,000 | 97,574,000 | 79,704,000 | 81,165,000 | 78,676,000 | 57,772,000 | 59,383,000 | 51,584,000 | 97,678,000 | 94,375,000 |
sales and marketing | 67,133,000 | 52,807,000 | 47,768,000 | 49,765,000 | 52,592,000 | 36,290,000 | 35,534,000 | 48,503,000 | 40,874,000 | 30,328,000 | 26,755,000 | 29,740,000 | 32,105,000 | 26,501,000 | 29,102,000 | 27,772,000 | 19,599,000 | 18,990,000 | 20,002,000 |
total costs and expenses | 1,656,181,000 | 1,403,137,000 | 1,289,916,000 | 1,232,295,000 | 1,197,881,000 | 1,131,492,000 | 1,103,628,000 | 1,105,132,000 | 1,013,263,000 | 994,755,000 | 945,191,000 | 880,903,000 | 817,714,000 | 761,474,000 | 688,745,000 | 708,419,000 | 586,782,000 | 597,046,000 | 522,032,000 |
income from operations | -296,535,000 | -322,460,000 | -254,709,000 | -244,112,000 | -278,928,000 | -237,949,000 | -302,328,000 | -355,193,000 | -300,038,000 | -313,989,000 | -289,847,000 | -301,899,000 | -300,007,000 | -170,267,000 | -151,611,000 | -139,650,000 | -77,446,000 | -142,946,000 | -135,056,000 |
yoy | 6.31% | 35.52% | -15.75% | -31.27% | -7.04% | -24.22% | 4.31% | 17.65% | 0.01% | 84.41% | 91.18% | 116.18% | 287.38% | 19.11% | 12.26% | ||||
qoq | -8.04% | 26.60% | 4.34% | -12.48% | 17.22% | -21.29% | -14.88% | 18.38% | -4.44% | 8.33% | -3.99% | 0.63% | 76.20% | 12.31% | 8.56% | 80.32% | -45.82% | 5.84% | |
operating margin % | -21.81% | -29.84% | -24.60% | -24.70% | -30.35% | -26.63% | -37.73% | -47.36% | -42.07% | -46.12% | -44.23% | -52.14% | -57.95% | -28.80% | -28.23% | -24.55% | -15.21% | -31.48% | -34.90% |
interest income | 52,089,000 | 48,844,000 | 46,323,000 | 46,260,000 | 46,718,000 | 44,383,000 | 42,170,000 | 39,530,000 | 36,442,000 | 34,764,000 | 31,082,000 | 21,636,000 | 12,764,000 | 4,197,000 | 245,000 | 33,000 | 28,000 | 26,000 | 5,000 |
interest expense | -10,352,000 | -10,342,000 | -10,350,000 | -10,331,000 | -10,286,000 | -10,204,000 | -10,363,000 | -10,298,000 | -10,268,000 | -10,129,000 | -10,012,000 | -10,008,000 | -10,005,000 | -9,891,000 | -9,999,000 | ||||
other income | -1,770,000 | 5,131,000 | 3,259,000 | -10,221,000 | 2,352,000 | -3,315,000 | -346,000 | 898,000 | -4,262,000 | 3,277,000 | -440,000 | 1,988,000 | -4,302,000 | -3,051,000 | -379,000 | 14,000 | -770,000 | 10,000 | -1,050,000 |
income before income taxes | -256,568,000 | -278,827,000 | -215,477,000 | -218,404,000 | -240,144,000 | -207,085,000 | -270,867,000 | -325,063,000 | -278,126,000 | -286,077,000 | -269,217,000 | -288,283,000 | -301,550,000 | -179,012,000 | -161,744,000 | -146,601,000 | -78,188,000 | -142,910,000 | -136,101,000 |
benefit from income taxes | 803,000 | 973,000 | 863,000 | 2,648,000 | 303,000 | 110,000 | 1,053,000 | 277,000 | 682,000 | -1,236,000 | 731,000 | 3,202,000 | 352,000 | -278,000 | 276,000 | 656,000 | -998,000 | 20,000 | 2,000 |
consolidated 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 |
net income attributable to noncontrolling interests | -1,745,000 | -1,425,000 | -1,284,000 | -1,479,000 | -1,123,000 | -1,312,000 | -1,316,000 | -1,642,000 | -1,650,000 | -2,064,000 | -1,635,000 | -1,559,000 | -4,104,000 | -2,294,000 | -1,818,000 | -3,959,000 | -3,188,000 | -2,796,000 | -1,886,000 |
net income attributable to common stockholders | -255,626,000 | -278,375,000 | -215,056,000 | -219,573,000 | -239,324,000 | -205,883,000 | -270,604,000 | -323,698,000 | -277,158,000 | -282,777,000 | -268,313,000 | -289,926,000 | -297,798,000 | -176,440,000 | -160,202,000 | -143,298,000 | -74,002,000 | -140,134,000 | -134,217,000 |
yoy | 6.81% | 35.21% | -20.53% | -32.17% | -13.65% | -27.19% | 0.85% | 11.65% | -6.93% | 60.27% | 67.48% | 102.32% | 302.42% | 25.91% | 19.36% | ||||
qoq | -8.17% | 29.44% | -2.06% | -8.25% | 16.24% | -23.92% | -16.40% | 16.79% | -1.99% | 5.39% | -7.45% | -2.64% | 68.78% | 10.14% | 11.80% | 93.64% | -47.19% | 4.41% | |
net income margin % | -18.80% | -25.76% | -20.77% | -22.22% | -26.04% | -23.04% | -33.77% | -43.16% | -38.86% | -41.54% | -40.94% | -50.07% | -57.52% | -29.84% | -29.83% | -25.19% | -14.53% | -30.86% | -34.68% |
net income per share | -0.37 | -0.41 | -0.32 | -0.33 | -0.37 | -0.32 | -0.43 | -0.52 | -0.45 | -0.46 | -0.44 | -0.48 | -0.5 | -0.3 | -0.27 | -0.24 | -0.13 | -0.25 | -0.46 |
weighted-average shares used for eps calculation | 697,282 | 684,837 | 671,657 | 647,482 | 650,961 | 642,814 | 635,020 | 616,445 | 619,350 | 612,689 | 606,637 | 595,559 | 597,779 | 593,928 | 588,521 | 505,858 | 575,932 | 571,300 | 291,074 |
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.
