7Baggers
Quarterly
Annual
    Unit: USD2024-12-31 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 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 
      
    		                                   
      cash flows from operating activities:
    		                                   
      net income
    		85,561,000 -123,769,000 -313,271,000 97,221,000 -52,586,000 -31,883,000 -277,724,000 -4,006,000 -191,290,000 -13,741,000                          
      adjustments to reconcile net income to net cash from operating activities:
    		                                   
      depreciation and amortization
    		322,000 22,827,000 55,274,000 6,452,000 1,928,000 15,084,000 45,400,000 47,000 856,000 14,620,000 39,070,000 -60,000 -1,011,000 13,164,000 41,390,000 99,000 396,000 13,411,000 47,533,000 -3,015,000 1,096,000 16,657,000 53,945,000 -4,382,000 3,270,000 17,415,000 -879,000 410,000 20,580,000 43,061,000 7,232,000 3,211,000 8,042,000 16,248,000 306,000 
      stock-based compensation
    		92,584,000 286,146,000 798,914,000 -7,326,000 54,264,000 235,581,000 684,660,000 -2,358,000 92,154,000 173,631,000                          
      deferred income taxes
    		-1,393,000 -768,000 -3,088,000 11,825,000 -13,931,000 5,313,000 9,118,000 -1,796,000 1,769,000 1,522,000                          
      amortization of interest rate swap contracts
    		290,000 -7,155,000                                  
      net income on strategic investments
    		-12,681,000 15,292,000   -4,806,000 6,248,000   -3,950,000 11,513,000                          
      net foreign currency gain
    		  4,577,000 -4,513,000 2,056,000 181,000 -10,436,000 2,026,000 1,422,000 -3,625,000 -15,688,000                         
      other
    		-1,959,000 991,000 -26,000 258,000 22,000 132,000 225,000 1,268,000                            
      changes in operating assets and liabilities, net of business combinations:
    		                                   
      accounts receivable
    		-355,785,000 144,030,000 -28,650,000 36,344,000 -265,651,000 109,488,000 -177,986,000 116,265,000 -169,119,000 61,314,000                          
      prepaid expenses and other assets
    		14,155,000 -39,914,000 32,864,000 -35,500,000 22,570,000 -23,056,000 -23,067,000 -12,473,000 19,987,000 -22,677,000 -11,658,000 -13,694,000 24,883,000 -20,298,000 -9,363,000 -7,748,000 15,475,000 -11,418,000 -9,384,000 -3,451,000 10,824,000 -8,597,000 -2,961,000 22,931,000 -20,563,000 1,678,000 2,388,000 -6,391,000 3,767,000 -5,558,000 -2,505,000 7,602,000 -5,186,000   
      accounts payable
    		35,007,000 -10,144,000 -10,077,000 -5,421,000 66,673,000 -33,025,000 106,602,000 -46,287,000 -12,560,000 31,147,000                          
      accrued expenses and other liabilities
    		138,632,000 -108,168,000 90,974,000 8,009,000 130,471,000 -71,331,000 -56,627,000 72,978,000 166,703,000 -108,443,000                          
      deferred revenue
    		285,341,000 -101,916,000 250,626,000 165,829,000 180,250,000 -44,398,000 239,163,000 22,390,000 111,091,000 -9,845,000 168,478,000 52,030,000 50,974,000 13,455,000 107,491,000 125,583,000 38,661,000 22,636,000 126,577,000 -72,265,000 45,667,000 31,556,000 106,301,000 -34,896,000 29,449,000 21,648,000 846,000 1,292,000 22,205,000 47,569,000 8,406,000 8,941,000 7,688,000 29,231,000 7,721,000 
      net cash from operating activities
    		271,413,000 80,492,000 882,769,000 275,796,000 122,638,000 166,956,000 515,742,000 201,844,000 58,083,000 92,442,000 530,467,000 131,345,000 143,298,000 78,386,000 464,294,000 176,574,000 120,997,000 79,465,000 417,897,000 -62,052,000 142,174,000 76,191,000 333,091,000 2,815,000 45,507,000 84,929,000 19,348,000 7,079,000 65,249,000 126,458,000 25,524,000 18,937,000 28,462,000 81,298,000 16,345,000 
      capex
    		-1,991,000 -3,496,000 -22,057,000 -5,187,000 -1,664,000 -1,187,000 -22,961,000 724,000 20,819,000 -23,474,000 -44,110,000 -13,892,000 -5,700,000 -6,881,000 -26,155,000 4,183,000 -1,731,000 -7,817,000 -28,967,000 268,000 -897,000 -6,113,000 -38,086,000 1,701,000 2,909,000 -10,716,000 -743,000 -1,986,000 -2,564,000 -10,506,000 -1,716,000 -516,000 -2,391,000 -26,682,000 -4,398,000 
      free cash flows
    		269,422,000 76,996,000 860,712,000 270,609,000 120,974,000 165,769,000 492,781,000 202,568,000 78,902,000 68,968,000 486,357,000 117,453,000 137,598,000 71,505,000 438,139,000 180,757,000 119,266,000 71,648,000 388,930,000 -61,784,000 141,277,000 70,078,000 295,005,000 4,516,000 48,416,000 74,213,000 18,605,000 5,093,000 62,685,000 115,952,000 23,808,000 18,421,000 26,071,000 54,616,000 11,947,000 
      cash flows from investing activities:
    		                                   
      business combinations, net of cash acquired
    		 -4,975,000        -600,000 0    -50,124,000 -31,760,000 22,764,000 -32,464,000   -36,353,000 -815,000        -18,295,000   -18,295,000   
      purchases of property and equipment
    		-3,185,000 -6,151,000 -22,057,000 -5,187,000 -1,664,000 -3,669,000 -22,961,000 1,349,000 12,456,000 -16,496,000 -44,110,000 -13,892,000 -5,700,000 -6,881,000 -26,155,000 4,183,000 -1,731,000 -7,817,000 -28,967,000 268,000 -897,000 -6,113,000 -38,086,000 1,701,000 2,909,000 -10,716,000 -743,000 -1,986,000 -2,564,000 -10,506,000 -1,716,000 -516,000 -2,391,000 -26,682,000 -4,398,000 
      purchases of strategic investments
    		2,550,000 -14,050,000 -10,150,000 -4,000,000 3,500,000 -3,750,000 -10,450,000 -7,900,000 7,250,000 -8,350,000                          
      purchases of marketable securities and other investments
    		    -420,000 -69,363,000                              
      proceeds from maturities of marketable securities
    		-20,668,000 46,148,000 53,537,000 46,850,000   47,700,000 7,500,000                            
      proceeds from sales of marketable securities and strategic investments
    		-3,771,000 4,042,000   21,634,000 19,879,000 621,000 -355,000                            
      net cash from investing activities
    		-93,014,000 -18,690,000 -937,432,000 836,116,000 -805,527,000 -56,903,000 -15,825,000 594,000 20,211,000 -6,238,000 95,683,000 -10,268,000 -196,690,000 158,127,000 191,386,000 -38,553,000 95,765,000 8,046,000 -275,505,000 110,363,000 -4,573,000 -149,216,000 -574,573,000 275,504,000 -327,697,000 22,568,000 58,102,000 -63,668,000 -4,885,000 -10,395,000 -234,480,000 45,835,000 -25,533,000 -182,757,000 -206,417,000 
      cash flows from financing activities:
    		                                   
      principal payments of term loan facility
    		   0                                
      repurchases of class a common stock
    		114,369,000 -183,610,000 -359,879,000 66,396,000 -35,894,000 -65,879,000 -118,258,000                             
      net cash from financing activities
    		117,512,000 -186,753,000 -360,340,000 66,396,000 -48,394,000 -65,879,000 -116,675,000   1,396,000 -452,937,000 786,287,000 -1,148,366,000 353,284,000 -1,114,346,000 76,907,000 -607,184,000 -10,182,000 -33,764,000 3,340,000 -5,136,000 -7,015,000 -4,312,000 3,612,000 -3,074,000 587,000 -346,000 401,000 877,000 7,903,000 -616,000 -1,566,000 3,717,000 432,020,000 -429,324,000 
      effect of foreign exchange rate changes on cash, cash equivalents and restricted cash
    		-12,620,000 3,564,000  -6,832,000 7,343,000 -3,280,000  -3,101,000 8,461,000 -4,939,000                          
      net increase in cash, cash equivalents, and restricted cash
    		283,291,000 -121,387,000 -414,223,000 1,171,476,000 -723,940,000 40,894,000 381,016,000 167,591,000 85,359,000 82,661,000                          
      cash, cash equivalents, and restricted cash at beginning of period
    		-121,387,000 2,178,122,000 642,152,000 -683,046,000 40,894,000 2,103,915,000 -251,283,000 168,020,000 83,263,000 1,386,686,000                          
      cash, cash equivalents, and restricted cash at end of period
    		161,904,000 2,056,735,000 227,929,000 488,430,000 -683,046,000 2,144,809,000 130,335,000 335,611,000 168,020,000 1,469,949,000                          
      reconciliation of cash, cash equivalents, and restricted cash within the condensed consolidated balance sheets to the amounts shown in the condensed consolidated statements of cash flows above:
    		                                   
      cash and cash equivalents
    		162,007,000 2,055,597,000   -683,033,000 2,143,530,000 130,333,000 335,602,000 168,044,000 1,468,571,000                          
      restricted cash included in other non-current assets
    		-103,000 1,138,000   -13,000 1,279,000 2,000 9,000 -24,000 1,378,000                          
      total cash, cash equivalents, and restricted cash
    		161,904,000 2,056,735,000   -683,046,000 2,144,809,000 130,335,000 335,611,000 168,020,000 1,469,949,000                          
      non-cash investing and financing activities:
    		                                   
      purchase of property and equipment included in accrued expenses and other current liabilities
    		1,194,000 2,655,000    2,482,000  -625,000 8,363,000 -6,978,000                          
      repurchases of class a common stock included in accrued expenses and other current liabilities
    		-875,000 3,250,000    3,628,000                              
      net foreign currency loss
    		 3,040,000                                  
      purchases of marketable securities
    		 -43,704,000 -174,353,000       -10,000,000                          
      impairment charges for leases and leasehold improvements
    		      0                             
      gain on a non-cash sale of a controlling interest of a subsidiary
    		     -1,378,000   41,026,000 -43,092,000                          
      net income on exchange derivative and capped call transactions
    		             424,482,000                      
      amortization of debt discount and issuance cost
    		      353,000 1,000 -1,000 118,000 3,958,000 -1,000 -3,604,000 3,722,000 102,273,000 -80,579,000 78,681,000 9,173,000 26,653,000 107,000 106,000 8,742,000 25,404,000 102,000 100,000 8,333,000          
      purchases of intangible assets
    		          0               -850,000          
      proceeds from term loan facility
    		            -300,000,000 650,000,000                      
      repayment of term loan facility
    		                                   
      proceeds from issuance of debt, net of issuance costs
    		                                   
      repayment of exchangeable senior notes
    		            -920,066,000 -314,310,000 -1,211,694,000 79,939,000                    
      proceeds from settlement of capped call transactions
    		            73,541,000 30,978,000 139,788,000 -9,471,000                    
      proceeds from other financing arrangements
    		      1,583,000   1,572,000 4,362,000                         
      effect of foreign exchange rate changes on cash and cash equivalents
    		                                   
      net decrease in cash and cash equivalents included in assets held for sale
    		         602,000  -3,906,000 3,680,000 502,000                      
      reconciliation of cash, cash equivalents, and restricted cash within the consolidated balance sheets to the amounts shown in the consolidated statements of cash flows above:
    		                                   
      supplemental disclosures of cash flow information:
    		                                   
      income taxes paid, net of refunds
    		     44,054,000  -58,699,000 34,522,000 29,220,000                          
      interest paid
    		     16,147,000   1,238,000 5,575,000 -9,268,000 -439,000 -2,404,000 -1,199,000 -5,576,000 2,372,000                    
      settlement of (received from) interest rate swap contracts
    		                                   
      debt issuance costs included in accrued expenses and other current liabilities
    		                                   
      net income (income) on strategic investments
    		                                   
      reconciliation of cash, cash equivalents, and restricted cash within the consolidated balance sheets to the amounts shown in the condensed consolidated statements of cash flows above:
    		                                   
      changes in operating assets and liabilities:
    		                                   
      net gain on strategic investments
    		      21,219,000                             
      payment of issuance costs for debt
    		                                   
      net decrease (increase) in cash and cash equivalents included in assets held for sale
    		                                   
      interest paid, net of hedging
    		                                   
      proceeds from maturities of investments
    		         28,950,000 74,337,000 -5,000,000 -46,287,000 53,887,000 319,751,000 14,618,000 45,950,000 74,677,000 281,029,000 161,670,000 -51,880,000 122,449,000 353,352,000 38,088,000 1,248,000 92,333,000 12,098,000 -19,649,000 50,768,000 88,315,000 838,000 -12,600,000 34,850,000 52,092,000  
      proceeds from sale of strategic investments
    		         258,000                          
      proceeds from sales of marketable securities
    		                                   
      other financing activities
    		         -176,000                          
      operating activities
    		                                   
      income before income tax expense
    		          -534,015,000 42,481,000          74,465,000              
      adjustments to reconcile income before income tax expense to net cash from operating activities:
    		                                   
      depreciation of right-of-use assets
    		          31,989,000 -247,000 974,000 10,079,000 28,134,000 40,000 164,000 9,214,000 26,182,000 76,000 511,000 8,358,000              
      share-based payment expense
    		          519,876,000 -49,799,000 118,035,000 118,975,000 287,468,000 -9,428,000 21,961,000 85,731,000 225,873,000 17,084,000 -6,858,000 77,296,000 185,016,000 12,242,000 12,124,000 48,380,000 -10,430,000 1,226,000 44,125,000 99,666,000 9,976,000 -2,717,000 30,523,000 54,234,000 6,194,000 
      interest income
    		          -1,689,000 -531,000 203,000 -280,000 -5,710,000 648,000 478,000 -2,590,000 -20,601,000 899,000 1,013,000 -9,112,000 -24,083,000 -1,872,000 -279,000 -7,266,000 -433,000 -313,000 -1,255,000 -3,811,000 401,000 -119,000 -1,322,000 -1,413,000 -580,000 
      interest expense
    		          15,842,000 -53,000 2,571,000 3,389,000 9,848,000 -278,000 192,000 3,402,000 10,520,000 -34,000 -67,000 3,583,000 4,734,000 -17,000 15,000 1,570,000          
      impairment of lease related assets
    		                                   
      net unrealized loss on investments
    		          500,000   500,000 750,000 500,000                    
      net gain on sale of investments, disposal of assets and other
    		                                   
      changes in assets and liabilities:
    		                                   
      trade receivables
    		          -119,784,000 40,012,000 -41,781,000 -13,211,000 -25,836,000 1,725,000 -28,767,000 -8,378,000 -59,342,000 54,178,000 -7,439,000 -16,837,000 -37,724,000 25,282,000 -12,398,000 -5,371,000 1,168,000 -949,000 -3,719,000 -12,363,000 14,850,000 -13,322,000 627,000   
      trade and other payables, provisions and other non-current liabilities
    		          68,288,000 10,795,000 127,888,000 -66,025,000 17,115,000 14,961,000 80,207,000 -47,384,000 20,571,000 4,641,000 58,149,000 -31,829,000 37,393,000 5,979,000 46,530,000 -14,278,000 22,206,000 3,952,000 1,153,000 -1,760,000 7,572,000 13,669,000 -8,534,000 905,000 4,755,000 
      interest received
    		          1,453,000 442,000 -704,000 895,000 9,495,000 -280,000 -858,000 4,156,000 21,071,000 555,000 -1,088,000 8,679,000 22,093,000 1,254,000 241,000 6,740,000 316,000 -69,000 1,430,000 5,070,000 89,000 -915,000 2,296,000 1,487,000 1,329,000 
      income tax paid
    		          -61,339,000 37,302,000 -31,281,000 -11,330,000  7,031,000 -14,011,000 -7,475,000                  
      investing activities
    		                                   
      purchases of investments
    		          -124,753,000 34,082,000 32,003,000 -74,003,000 -95,177,000 11,759,000 -2,761,000 -33,252,000 -621,328,000 -101,481,000 60,634,000 -323,756,000 -489,778,000 -28,310,000 -65,507,000 -64,441,000 59,891,000 -22,446,000 -102,341,000 -318,519,000 -23,393,000 70,108,000 -151,736,000 -250,282,000  
      proceeds from sales of investments
    		             186,262,000 47,694,000 -39,515,000 33,520,000 7,087,000 149,818,000 12,738,000 23,923,000 59,019,000 17,475,000 2,919,000 -5,370,000 5,521,000 -13,767,000 -16,710,000 49,384,000 253,499,000 148,467,000 -25,176,000 111,882,000 43,140,000  
      change in restricted cash
    		                                   
      payment of deferred consideration
    		          -6,389,000 2,056,000 -1,563,000 -1,138,000    -185,000              -565,000 -185,000   
      financing activities
    		                                   
      proceeds from exercise of share options
    		          22,000 6,000 3,000 1,000 1,152,000 -214,000 -697,000 922,000 1,303,000 168,000 -324,000 655,000 2,417,000 418,000 -290,000 997,000 -346,000 401,000 877,000 7,903,000 -616,000     
      payments of lease obligations
    		          -34,864,000 -2,652,000 560,000 -12,186,000 -33,571,000 -164,000 -43,000 -11,096,000 -28,817,000 49,000 -1,687,000 -7,670,000              
      effect of exchange rate changes on cash and cash equivalents
    		          -8,924,000 -25,000 1,863,000 -2,108,000 7,506,000 -6,646,000 1,582,000 2,964,000 4,432,000 -5,717,000 1,319,000 -1,210,000 -799,000 -45,000 632,000 -643,000 470,000 -229,000 210,000 25,000 875,000 -825,000 390,000 -572,000 86,000 
      net increase in cash and cash equivalents
    		          164,289,000   587,689,000 -451,160,000 208,282,000 -388,840,000 80,293,000 113,060,000 45,934,000 133,784,000 -81,250,000 -246,593,000 281,886,000 -284,632,000 107,441,000 77,574,000 -56,417,000 61,451,000 123,991,000 -208,697,000 62,381,000 7,036,000 329,989,000 -619,310,000 
      cash and cash equivalents at beginning of period
    		          19,833,000 -608,024,000 588,191,000 919,227,000 228,254,000 -308,547,000 80,293,000 1,479,969,000 28,716,000 52,534,000 -81,250,000 1,268,441,000 69,750,000 -177,191,000 107,441,000 1,410,339,000 5,034,000 61,451,000 244,420,000  69,417,000 7,036,000 259,709,000  361,936,000 
      cash and cash equivalents at end of period
    		          190,462,000 295,409,000 -608,024,000 1,507,418,000 -232,223,000 -100,265,000 -308,547,000 1,560,262,000 141,776,000 98,468,000 52,534,000 1,187,191,000 -176,843,000 104,695,000 -177,191,000 1,517,780,000 82,608,000 5,034,000 305,871,000  -139,280,000 69,417,000 266,745,000  -257,374,000 
      net gain on exchange derivative and capped call transactions
    		               -689,767,000                    
      net income on sale of investments, disposal of assets and other
    		                                   
      net unrealized foreign currency gain
    		            1,140,000 -6,398,000 7,916,000   5,567,000 2,616,000   -2,237,000   952,000 -422,000  -122,000 -20,000  324,000 -22,000 -93,000   
      gain on sale of investments, disposal of assets and other
    		            913,000 -615,000 308,000 785,000 -197,000 248,000                  
      net decrease in cash and cash equivalents
    		                                   
      income before income tax benefit
    		             -392,118,000         -403,875,000   -240,076,000 6,041,000         
      adjustments to reconcile income before income tax benefit (expense) to net cash from operating activities:
    		                                   
      impairment of lease-related assets
    		                                   
      tax refunds received (income tax paid)
    		                         10,215,000          
      proceeds from sales of property, equipment and intangible assets
    		                        2,279,000 721,000          
      increase in restricted cash
    		                          2,913,000 -2,877,000 -132,000       
      cash and cash equivalents included in assets held for sale
    		                                   
      income
    		                 -24,324,000                  
      payment of issuance costs for credit facility
    		                                   
      net unrealized foreign currency loss
    		                                   
      net unrealized gain on exchange derivative and capped call transactions
    		                 27,496,000                  
      net unrealized loss on exchange derivative and capped call transactions
    		                      361,326,000   236,353,000          
      proceeds from issuance of exchangeable senior notes, net of discount and issuance costs
    		                                   
      purchase of capped calls
    		                                   
      net unrealized gain on investments
    		                       48,000            
      (gain) loss on sale of investments and disposal of other assets
    		                                   
      (income tax paid) tax refunds received
    		                   7,291,000 -7,996,000 -2,383,000  -129,000            
      payment of exchangeable senior notes issuance costs
    		                         -410,000          
      adjustments to reconcile income before income tax benefit to net cash from operating activities:
    		                                   
      gain on sale of investments and other assets
    		                      -2,359,000 2,359,000 -2,367,000 10,000 -1,177,000 0 -16,000  50,000     
      net unrealized (gain) loss on exchange derivative and capped call transactions
    		                    -24,320,000 -82,103,000              
      (gain) loss on sale of investments and other assets
    		                     -47,000              
      payments of exchangeable senior notes issuance costs
    		                                   
      net unrealized foreign currency (gain) loss
    		                      -28,000            -312,000 
      income tax refunds received (income tax paid)
    		                                   
      (payment of issuance cost) proceeds from issuance of exchangeable senior notes, net of discount and issuance costs
    		                                   
      income tax paid, net of refunds
    		                          -907,000 487,000 -1,257,000 -7,787,000 163,000 -57,000 -1,361,000 -11,471,000 1,542,000 
      proceeds from sale of property and equipment
    		                                   
      proceeds from sale of other assets
    		                                342,000   
      income before income tax
    		                            -21,744,000 -37,131,000 -21,034,000 2,389,000 -3,876,000 -724,000 -7,443,000 
      adjustments to reconcile income before income tax to net cash from operating activities:
    		                                   
      net gain on sale of investments and other assets
    		                                   
      change in fair value of contingent consideration
    		                                   
      proceeds from issuance of ordinary shares upon initial public offering, net of offering costs
    		                                   
      employee payroll taxes paid related to net share settlement of equity awards
    		                                   
      cash and cash equivalents at beginning of year
    		                                   
      cash and cash equivalents at end of year
    		                                   
      gain on sale of other assets
    		                                -342,000   
      proceeds from exercise of share options, including early exercised options
    		                                3,717,000 5,968,000 -1,527,000 
      deferred offering costs
    		                                   
      net income on disposal of property and equipment
    		                                 104,000 -76,000 
      dividends paid to shareholders
    		                                   
      trade and other receivables
    		                                  5,555,000 
      prepaid expenses and other current assets and other non-current assets
    		                                  -2,646,000 
      purchases of short-term investments and deposits
    		                                   
      proceeds from maturities of short-term investments and deposits
    		                                   
    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.