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 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 
      
                                                     
      assets
                                                     
      current assets
                                                     
      cash and cash equivalents
    145,371,000 168,113,000 154,436,000 242,811,000 212,652,000 199,328,000 203,130,000 222,195,000 432,352,000 225,351,000 274,804,000 269,984,000 305,383,000 306,497,000 301,929,000 267,162,000 345,152,000 325,297,000 463,067,000 639,853,000 745,558,000 773,756,000 762,064,000 343,606,000 582,663,000 567,668,000 549,030,000 566,329,000 577,283,000 567,280,000 554,963,000 181,192,000 172,306,000 167,015,000 149,690,000 160,355,000 152,390,000 147,791,000 139,074,000 137,588,000 130,004,000 120,789,000 114,152,000 113,182,000 120,691,000 151,418,000 166,826,000 116,378,000 25,452,000 
      accounts receivable
    381,448,000 391,151,000 381,117,000 386,252,000 395,805,000 369,995,000 371,357,000 364,438,000 347,912,000 322,191,000 315,335,000 311,318,000 265,986,000 253,571,000 257,323,000 232,842,000 216,126,000 198,880,000 166,852,000 176,034,000 153,583,000 142,317,000 135,433,000 129,990,000 118,282,000 105,585,000 100,706,000 94,375,000 74,183,000 67,015,000 55,379,000 45,339,000 39,731,000 33,264,000 31,325,000 30,243,000 23,583,000 24,170,000 25,624,000 19,163,000 15,187,000 12,242,000 11,572,000 7,651,000 7,443,000 5,118,000 3,873,000 3,045,000 2,492,000 
      deferred and prepaid sales commission costs
    171,044,000 176,099,000 179,158,000 182,615,000 185,906,000 186,429,000 184,816,000 184,620,000 176,197,000 170,536,000 181,358,000 158,865,000 151,292,000 126,854,000 110,019,000 102,572,000 91,948,000 83,192,000 73,578,000 63,726,000 53,212,000 46,577,000 39,775,000 36,589,000                          
      prepaid expenses and other current assets
    64,634,000 64,890,000 65,531,000 59,444,000 64,612,000 72,158,000 71,728,000 77,396,000 95,858,000 85,465,000 79,533,000 55,849,000 51,939,000 52,376,000 51,484,000 48,165,000 40,371,000 40,739,000 40,206,000 46,516,000 40,251,000 39,366,000 34,312,000 25,354,000 31,904,000 33,127,000 29,708,000 23,772,000 29,823,000 24,643,000 24,118,000 21,512,000 22,185,000 17,936,000 17,351,000 15,250,000 16,644,000 14,624,000 12,949,000 11,978,000 12,749,000 11,181,000 9,521,000 8,767,000 8,369,000 9,125,000 6,775,000 5,214,000 11,656,000 
      total current assets
    762,497,000 800,253,000 780,242,000 871,122,000 858,975,000 827,910,000 831,031,000 848,649,000 1,052,319,000 803,543,000 851,030,000 796,016,000 774,600,000 739,298,000 720,755,000 650,741,000 693,597,000 648,108,000 743,703,000 926,129,000 992,604,000 1,002,016,000 971,584,000 535,539,000 765,045,000 735,106,000 704,368,000 707,514,000 702,158,000 678,078,000 651,109,000 248,043,000 234,222,000 218,215,000 198,366,000 205,911,000 192,701,000 186,707,000 178,549,000 171,046,000 162,534,000 158,498,000 158,853,000 159,789,000 167,177,000 167,835,000 179,775,000 126,748,000 41,634,000 
      property and equipment
    186,121,000 184,606,000 181,824,000 180,650,000 185,160,000 182,315,000 182,736,000 184,390,000 183,593,000 185,806,000 187,279,000 185,400,000 182,194,000 178,240,000 173,436,000 166,910,000 158,779,000 152,925,000 145,598,000 142,208,000 132,967,000 114,423,000 97,924,000 89,230,000 84,123,000 78,549,000 74,203,000 70,205,000 60,200,000 55,076,000 50,131,000 43,298,000 41,638,000 36,613,000 34,161,000 31,994,000 31,139,000 29,103,000 27,489,000 28,160,000 29,084,000 28,532,000 26,697,000 25,527,000 25,862,000 24,515,000 19,164,000 16,660,000 17,301,000 
      operating lease right-of-use assets
    33,443,000 37,128,000 39,918,000 46,463,000 45,100,000 45,172,000 39,615,000 42,989,000 32,477,000 31,339,000 34,138,000 35,433,000 36,902,000 40,515,000 44,370,000 47,294,000 48,038,000 48,050,000 48,938,000 51,115,000 50,414,000                             
      deferred and prepaid sales commission costs, non-current
    263,586,000 293,543,000 307,046,000 325,198,000 347,683,000 366,911,000 381,175,000 395,724,000 394,020,000 403,714,000 390,459,000 438,579,000 646,466,000 758,687,000 729,920,000 723,448,000 709,347,000 702,820,000 680,988,000 667,779,000 599,759,000 486,500,000 471,120,000 462,344,000                          
      goodwill
    98,087,000 85,482,000 83,756,000 82,986,000 75,322,000 74,414,000 66,903,000 67,370,000 66,482,000 54,575,000 54,647,000 54,335,000 52,572,000 53,780,000 55,083,000 55,490,000 56,012,000 56,563,000 56,295,000 57,313,000 56,223,000 55,287,000 54,830,000 55,278,000 54,743,000 55,613,000 55,373,000 31,238,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000 9,393,000        
      acquired intangibles
    169,577,000 191,797,000 225,168,000 258,526,000 290,234,000 322,940,000 358,850,000 393,767,000 431,920,000 457,434,000 494,931,000 528,051,000 584,741,000 628,559,000 672,471,000 716,606,000 92,346,000 104,090,000 115,040,000 118,313,000 101,894,000 110,090,000 118,524,000 127,338,000 25,839,000 28,514,000 30,634,000 19,480,000 8,366,000 21,128,000 22,377,000 1,462,000 1,612,000 1,763,000 1,989,000 2,244,000 2,500,000 2,755,000 3,011,000 3,266,000 3,522,000 3,777,000        
      other assets
    15,872,000 12,650,000 13,638,000 14,928,000 15,908,000 12,152,000 12,793,000 12,024,000 21,683,000 23,949,000 33,936,000 31,289,000 6,418,000 7,122,000 7,906,000 8,105,000 7,729,000 8,239,000 8,453,000 8,564,000 8,812,000 8,883,000 9,176,000 9,561,000 9,798,000 10,194,000 10,307,000 10,154,000 11,463,000 2,569,000 2,328,000 2,972,000 2,575,000 2,633,000 3,025,000 3,087,000 3,064,000 3,237,000 3,150,000 2,948,000 2,681,000 2,694,000 2,609,000 3,021,000 2,866,000 2,053,000 1,860,000 1,777,000 1,828,000 
      total assets
    1,529,183,000 1,605,459,000 1,631,592,000 1,779,873,000 1,818,382,000 1,831,814,000 1,873,103,000 1,944,913,000 2,182,494,000 1,960,360,000 2,046,420,000 2,073,662,000 2,315,717,000 2,519,421,000 2,567,752,000 2,579,039,000 1,965,503,000 1,968,657,000 2,069,712,000 2,184,597,000 2,116,314,000 1,964,643,000 1,871,920,000 1,450,747,000 1,059,479,000 1,012,200,000 965,702,000 894,326,000 841,843,000 813,329,000 775,478,000 305,168,000 289,440,000 268,617,000 246,934,000 252,629,000 238,797,000 231,195,000 221,592,000 214,813,000 207,214,000 202,894,000 188,159,000 188,337,000 195,905,000 194,403,000 200,799,000 145,185,000 60,763,000 
      liabilities, temporary equity, and stockholders’ deficit
                                                     
      current liabilities
                                                     
      accounts payable
    36,646,000 65,467,000 61,273,000 21,866,000 34,786,000 38,947,000 24,030,000 53,295,000 43,311,000 36,739,000 56,353,000 62,721,000 88,526,000 96,647,000 77,019,000 70,022,000 46,831,000 56,121,000 44,719,000 54,043,000 38,002,000 36,476,000 35,306,000 34,612,000 22,443,000 21,161,000 19,366,000 10,145,000 6,017,000 6,366,000 4,256,000 7,322,000 9,956,000 5,556,000 4,738,000 7,810,000 4,701,000 2,016,000 2,798,000 5,196,000 4,162,000 6,022,000 4,923,000 4,181,000 5,700,000 4,253,000 2,706,000 4,414,000 6,494,000 
      accrued liabilities
    282,835,000 276,750,000 270,868,000 283,799,000 287,820,000 279,357,000 312,405,000 325,632,000 310,752,000 308,402,000 314,902,000 380,113,000 341,256,000 318,272,000 297,256,000 279,798,000 259,380,000 225,088,000 216,343,000 210,654,000 189,555,000 167,721,000 162,286,000 138,729,000 140,535,000 121,075,000 115,363,000 100,687,000 85,714,000 76,382,000 64,562,000 54,977,000 53,668,000 49,720,000 51,890,000 48,322,000 46,368,000 44,705,000 41,574,000 34,702,000 37,391,000 35,952,000 32,804,000 29,236,000 31,659,000 25,804,000 29,826,000 20,559,000 20,484,000 
      current portion of long-term debt
    623,798,000 627,880,000 627,462,000 181,252,000 181,143,000 181,033,000 180,923,000 20,000,000 20,000,000 20,000,000                          14,528,000 14,528,000 3,750,000 3,750,000 3,750,000 3,750,000 14,491,000 14,434,000 16,764,000 18,489,000 9,105,000 9,714,000 9,871,000 9,617,000 
      deferred revenue
    262,078,000 262,993,000 248,693,000 261,882,000 260,999,000 262,105,000 246,690,000 233,619,000 231,247,000 227,211,000 219,933,000 209,725,000 209,420,000 207,044,000 201,394,000 176,450,000 169,399,000 165,582,000 146,245,000 142,223,000 127,500,000 122,514,000 110,178,000 107,372,000 105,159,000 103,362,000 93,828,000 88,527,000 80,024,000 73,240,000 68,037,000 64,415,000 57,696,000 53,367,000 49,368,000 45,159,000 42,738,000 42,105,000 39,032,000 36,657,000 34,286,000 31,026,000 28,325,000 25,586,000 23,415,000 20,171,000 18,315,000 16,552,000 15,573,000 
      total current liabilities
    1,205,357,000 1,233,090,000 1,208,296,000 748,799,000 764,748,000 761,442,000 764,048,000 632,546,000 605,310,000 592,352,000 591,188,000 652,559,000 639,202,000 621,963,000 575,669,000 526,270,000 475,610,000 446,791,000 444,358,000 438,068,000 369,213,000 371,128,000 307,770,000 280,713,000 268,137,000 245,598,000 228,557,000 199,359,000 172,698,000 156,931,000 138,107,000 126,714,000 121,320,000 108,643,000 105,996,000 116,000,000 108,516,000 92,849,000 87,430,000 80,574,000 79,851,000 87,746,000 80,863,000 76,276,000 79,878,000 60,253,000 60,917,000 51,743,000 52,506,000 
      long-term debt
    633,112,000 632,903,000 736,250,000 1,347,881,000 1,352,057,000 1,356,254,000 1,360,457,000 1,525,482,000 1,781,252,000 1,558,794,000                          312,000 1,250,000 12,965,000 13,903,000 14,840,000 15,778,000 5,938,000 6,875,000 7,813,000 8,750,000 20,494,000 22,257,000 24,356,000 27,777,000 
      operating lease liabilities
    16,887,000 19,336,000 22,616,000 29,733,000 29,830,000 30,508,000 25,616,000 28,178,000 18,577,000 16,596,000 18,391,000 20,182,000 22,348,000 25,436,000 28,213,000 31,812,000 34,176,000 34,514,000 36,070,000 38,722,000 37,973,000 25,392,000 27,027,000 28,516,000 31,097,000 24,911,000 23,693,000                       
      other long-term liabilities
    8,133,000 7,268,000 6,178,000 4,930,000 17,648,000 12,416,000 45,901,000 61,827,000 62,362,000 65,010,000 69,817,000 45,848,000 62,301,000 74,087,000 80,579,000 84,052,000 28,050,000 28,557,000 21,299,000 20,241,000 14,555,000 11,314,000 4,708,000 8,929,000 9,050,000 9,541,000 10,694,000 10,806,000 5,232,000 5,757,000 6,240,000 6,252,000 3,409,000 3,175,000 3,377,000 3,199,000 3,402,000 3,939,000 5,374,000 5,416,000 4,540,000 4,812,000 3,660,000 3,255,000 2,771,000 3,193,000 1,786,000 1,336,000 1,422,000 
      total liabilities
    1,863,489,000 1,892,597,000 1,973,340,000 2,131,343,000 2,164,283,000 2,160,620,000 2,196,022,000 2,248,033,000 2,467,501,000 2,232,752,000 2,318,926,000 2,357,000,000 2,361,144,000 2,357,661,000 2,319,520,000 2,040,623,000 1,920,242,000 1,876,370,000 1,852,519,000 1,872,351,000 1,816,639,000 1,416,311,000 1,381,496,000 705,047,000 689,985,000 656,633,000 634,478,000 576,717,000 542,396,000 522,305,000 499,612,000 132,966,000 127,496,000 114,895,000 112,450,000 122,588,000 116,695,000 113,280,000 110,463,000 104,681,000 104,329,000 102,746,000 95,735,000 91,832,000 95,970,000 88,578,000 89,037,000 81,670,000 86,073,000 
      commitments and contingencies
                                                     
      series a convertible preferred stock
    199,449,000 199,449,000 199,449,000  199,449,000 199,449,000 199,449,000  199,449,000 199,449,000 199,449,000  199,449,000 199,449,000 199,449,000                                   
      stockholders’ deficit
                                                     
      common stock
    9,000 9,000 9,000  9,000 9,000 9,000  9,000 9,000 10,000  10,000 9,000 9,000  9,000 9,000 9,000  9,000 9,000 9,000  8,000 8,000 8,000  8,000 8,000 8,000  8,000 8,000 7,000  7,000 7,000 7,000  7,000 7,000 7,000  7,000 7,000 7,000  5,000 
      additional paid-in capital
    1,201,588,000 1,265,365,000 1,234,108,000 1,215,377,000 1,210,961,000 1,219,172,000 1,210,366,000 1,204,781,000 1,170,672,000 1,143,124,000 1,123,351,000 1,059,880,000 1,022,909,000 937,119,000 855,894,000 1,086,870,000 673,422,000 571,121,000 582,157,000 673,950,000 664,689,000 889,987,000 840,115,000 1,033,053,000 633,188,000 604,770,000 571,426,000 551,078,000 526,891,000 508,728,000 484,854,000 434,840,000 418,588,000 404,742,000 378,521,000 366,800,000 351,784,000 340,283,000 326,860,000 319,792,000 306,045,000 297,225,000 281,083,000 274,844,000 268,189,000 262,447,000 254,824,000 193,574,000 91,228,000 
      accumulated other comprehensive income
    1,648,000 2,598,000          -8,781,000 -17,962,000 -9,600,000 -1,418,000 644,000 2,029,000 4,605,000 3,394,000 6,806,000 3,522,000 1,102,000 331,000 1,948,000 351,000 2,093,000 1,851,000 2,226,000 2,573,000 2,795,000 3,220,000 2,998,000 2,903,000 2,815,000 2,768,000 2,737,000 2,868,000 2,203,000 1,069,000 527,000 86,000         
      accumulated deficit
    -1,737,000,000 -1,754,559,000 -1,767,752,000 -1,757,424,000 -1,750,236,000 -1,742,383,000 -1,727,630,000 -1,699,136,000 -1,651,893,000 -1,609,777,000 -1,588,295,000 -1,533,896,000 -1,249,833,000 -965,217,000 -805,702,000 -748,556,000 -630,199,000 -483,448,000 -372,492,000 -372,306,000 -370,479,000 -349,522,000 -350,031,000 -289,310,000 -264,053,000 -251,304,000 -242,061,000 -235,703,000 -230,025,000 -220,507,000 -212,216,000 -265,644,000 -259,555,000 -253,843,000 -246,812,000 -239,503,000 -232,557,000 -224,578,000 -216,807,000 -210,194,000 -203,253,000 -196,917,000 -188,706,000 -178,095,000 -167,975,000 -155,989,000 -142,659,000 -129,755,000 -116,389,000 
      total stockholders’ deficit
    -533,755,000 -486,587,000 -541,197,000 -550,919,000 -545,350,000 -528,255,000 -522,368,000 -502,569,000                                          
      total liabilities, temporary equity and stockholders’ deficit
    1,529,183,000 1,605,459,000 1,631,592,000 1,779,873,000 1,818,382,000 1,831,814,000 1,873,103,000 1,944,913,000 2,182,494,000 1,960,360,000 2,046,420,000                                       
      accumulated other comprehensive loss
      -7,562,000 -8,881,000 -6,084,000 -5,053,000 -5,113,000 -8,223,000 -3,244,000 -5,197,000 -7,021,000                               -167,000  -251,000 -286,000 -640,000 -410,000 -310,000 -154,000 
      series a convertible preferred stock, 0.0001 par value; 200 shares authorized at december 31, 2024 and 2023; 200 shares issued and outstanding at december 31, 2024 and 2023
       199,449,000                                              
      class a common stock
       8,000    8,000    9,000    8,000    8,000    8,000    7,000    7,000    6,000    6,000    5,000    1,000  
      class b common stock
       1,000    1,000    1,000    1,000    1,000    1,000    1,000    1,000    1,000    1,000    2,000    5,000  
      series a convertible preferred stock, 0.0001 par value; 200 shares authorized at december 31, 2023 and 2022; 200 shares issued and outstanding at december 31, 2023 and 2022
           199,449,000                                          
      liabilities, temporary equity, and stockholders' deficit
                                                     
      stockholders' deficit
                                                     
      total stockholders' deficit
            -484,456,000 -471,841,000 -471,955,000                                       
      convertible senior notes
              1,639,530,000 1,638,411,000 1,637,293,000 1,636,175,000 1,635,059,000 1,398,489,000 1,382,406,000 1,366,508,000 1,350,792,000 1,375,320,000 1,394,898,000 1,008,477,000 1,041,991,000 386,889,000 381,701,000 376,583,000 371,534,000 366,552,000 361,637,000 356,788,000 352,004,000                   
      long-term investments
               4,559,000 31,824,000 113,220,000 163,811,000 210,445,000 199,655,000 247,862,000 270,697,000 213,176,000 173,641,000 149,337,000 109,942,000 132,188,000                          
      liabilities, temporary equity, and stockholders' (deficit) equity
                                                     
      series a convertible preferred stock, 0.0001 par value; 200 shares authorized at december 31, 2022 and 2021; 200 shares issued and outstanding at december 31, 2022 and 2021
               199,449,000                                      
      stockholders' (deficit) equity
                                                     
      total stockholders' (deficit) equity
               -482,787,000 -244,876,000                                     
      total liabilities, temporary equity and stockholders' (deficit) equity
               2,073,662,000                                      
      total liabilities, temporary equity and stockholders’ (deficit) equity
                2,315,717,000                                     
      liabilities, temporary equity, and stockholders' equity
                                                     
      stockholders' equity
                                                     
      total stockholders' equity
                 -37,689,000 48,783,000 338,967,000 45,261,000 92,287,000 213,068,000 308,459,000 297,741,000 541,576,000 490,424,000 745,700,000 369,494,000 355,567,000 331,224,000 317,609,000 299,447,000 291,024,000 275,866,000 172,202,000 161,944,000 153,722,000 134,484,000 130,041,000 122,102,000 117,915,000 111,129,000 110,132,000 102,885,000 100,148,000 92,424,000 96,505,000 99,935,000 105,825,000 111,762,000   
      total liabilities, temporary equity and stockholders’ equity
                 2,519,421,000 2,567,752,000  1,965,503,000 1,968,657,000 2,069,712,000  2,116,314,000 1,964,643,000                            
      current portion of convertible senior notes
                      37,051,000 31,148,000 14,156,000 44,417,000                            
      temporary equity, convertible senior notes
                                                     
      series a convertible preferred stock, 0.0001 par value; 200 shares authorized at december 31, 2021; 200 shares issued and outstanding at december 31, 2021
                   199,449,000                                  
      total liabilities, temporary equity and stockholders' equity
                   2,579,039,000    2,184,597,000                              
      temporary equity
                      4,125,000 3,787,000 1,934,000 6,756,000                            
      operating lease right-of-use-assets
                         38,107,000 38,820,000 39,269,000 41,302,000 34,341,000 31,719,000                       
      liabilities and stockholders' equity
                                                     
      total liabilities and stockholders' equity
                          1,871,920,000 1,450,747,000 1,059,479,000 1,012,200,000 965,702,000 894,326,000 841,843,000 813,329,000 775,478,000 305,168,000 289,440,000 268,617,000 246,934,000 252,629,000 238,797,000 231,195,000 221,592,000 214,813,000 207,214,000 202,894,000 188,159,000 188,337,000 195,905,000 194,403,000 200,799,000   
      deferred sales commission costs
                            32,196,000 28,726,000 24,924,000 23,038,000 20,869,000 19,140,000 16,649,000                   
      deferred sales commission costs, non-current
                            78,629,000 69,883,000 59,098,000 55,735,000                      
      stockholders' equity:
                                                     
      * see note 2 for a summary of adjustments.
                                                     
      deferred sales commission costs, noncurrent
                                50,263,000 47,085,000 40,140,000                   
      current portion of capital lease obligation
                                943,000 943,000 1,252,000     181,000 181,000 273,000 276,000 269,000 262,000 255,000 377,000 509,000 615,000 920,000 356,000 347,000 338,000 
      capital lease obligation
                                2,829,000 2,829,000 3,261,000        86,000 181,000 273,000 363,000 450,000 535,000 618,000 699,000 125,000 247,000 365,000 
      sales tax liability
                                    2,767,000 3,077,000 3,077,000 3,077,000 3,527,000 3,527,000 3,670,000 3,670,000 3,887,000 3,887,000 3,887,000 3,953,000 3,953,000 3,939,000 3,952,000 3,988,000 4,003,000 
      inventory
                                       63,000 84,000 122,000 902,000 2,317,000 2,287,000 2,372,000 2,054,000 1,710,000 2,012,000 2,174,000 2,301,000 2,111,000 2,034,000 
      current assets:
                                                     
      short-term investments
                                            2,307,000 11,914,000 21,554,000 28,479,000 28,662,000     
      current liabilities:
                                                     
      assets:
                                                     
      liabilities and stockholders' equity:
                                                     
      accumulated other comprehensive gain/
                                              40,000       
      liabilities and stockholders’ equity
                                                     
      stockholders’ equity:
                                                     
      convertible preferred stock, no par value — zero and 32,294 shares authorized as of december 31, 2013 and 2012; , zero and 30,369 shares issued and outstanding as of december 31, 2013 and 2012; aggregate liquidation preference of zero and 74,496 as of december 31, 2013 and 2012
                                                     
      total stockholders’ equity
                                                   63,515,000  
      total liabilities and stockholders’ equity
                                                   145,185,000  
      liabilities and shareholders’ equity
                                                     
      shareholders’ equity
                                                     
      convertible preferred stock
                                                     
      total shareholders’ equity
                                                    -25,310,000 
      total liabilities and shareholders’ equity
                                                    60,763,000 
    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.