Twilio Inc(NYSE:TWLO) 
Twilio Inc., together with its subsidiaries, provides a cloud communications platform that enables developers to build, scale, and operate customer engagement within software applications in the United States and internationally. Its customer engagement platform provides a set of application program...
Website: http://www.twilio.com
Founded: 2008
Full Time Employees: 8,156 (Dec 2022)
CEO / Co-Founder: Jeff Lawson
Sector: Communication Services
Industry: Internet Content & Information
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 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 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 1,406,907,000 | 1,365,930,000 | 1,300,402,000 | 1,228,425,000 | 1,172,463,000 | 1,194,835,000 | 1,133,649,000 | 1,082,502,000 | 1,047,050,000 | 1,075,950,000 | 1,033,670,000 | 1,037,761,000 | 1,006,564,000 | 1,024,574,000 | 983,030,000 | 943,354,000 | 875,363,000 | 842,744,000 | 740,176,000 | 668,931,000 | 589,988,000 | 548,090,000 | 447,969,000 | 400,849,000 | 364,868,000 | 331,224,000 | 295,066,000 | 275,039,000 | 233,139,000 | 168,895,000 | 147,754,000 | 129,116,000 | 100,542,000 | 95,870,000 | 87,372,000 | 64,510,000 |
yoy | 20.00% | 14.32% | 14.71% | 13.48% | 11.98% | 11.05% | 9.67% | 4.31% | 4.02% | 5.01% | 5.15% | 10.01% | 14.99% | 21.58% | 32.81% | 41.02% | 48.37% | 53.76% | 65.23% | 66.88% | 61.70% | 65.47% | 51.82% | 45.74% | 56.50% | 96.11% | 99.70% | 113.02% | 131.88% | 76.17% | 69.11% | 100.15% | ||||
qoq | 3.00% | 5.04% | 5.86% | 4.77% | -1.87% | 5.40% | 4.72% | 3.39% | -2.69% | 4.09% | -0.39% | 3.10% | -1.76% | 4.23% | 4.21% | 7.77% | 3.87% | 13.86% | 10.65% | 13.38% | 7.64% | 22.35% | 11.76% | 9.86% | 10.16% | 12.25% | 7.28% | 17.97% | 38.04% | 14.31% | 14.44% | 28.42% | 4.87% | 9.73% | 35.44% | |
cost of revenue | 722,663,000 | 703,580,000 | 668,325,000 | 625,685,000 | 590,896,000 | 595,138,000 | 555,020,000 | 526,657,000 | 503,009,000 | 544,784,000 | 517,351,000 | 532,006,000 | 515,874,000 | 543,432,000 | 520,955,000 | 498,065,000 | 450,292,000 | 446,197,000 | 375,561,000 | 337,684,000 | 291,684,000 | 265,969,000 | 217,095,000 | 191,718,000 | 171,333,000 | 156,534,000 | 136,904,000 | 125,024,000 | 107,089,000 | 77,031,000 | 67,940,000 | 59,582,000 | 48,254,000 | 42,333,000 | 37,286,000 | 28,203,000 |
gross profit | 684,244,000 | 662,350,000 | 632,077,000 | 602,740,000 | 581,567,000 | 599,697,000 | 578,629,000 | 555,845,000 | 544,041,000 | 531,166,000 | 516,319,000 | 505,755,000 | 490,690,000 | 481,142,000 | 462,075,000 | 445,289,000 | 425,071,000 | 396,547,000 | 364,615,000 | 331,247,000 | 298,304,000 | 282,121,000 | 230,874,000 | 209,131,000 | 193,535,000 | 174,690,000 | 158,162,000 | 150,015,000 | 126,050,000 | 91,864,000 | 79,814,000 | 69,534,000 | 52,288,000 | 53,537,000 | 50,086,000 | 36,307,000 |
yoy | 17.66% | 10.45% | 9.24% | 8.44% | 6.90% | 12.90% | 12.07% | 9.90% | 10.87% | 10.40% | 11.74% | 13.58% | 15.44% | 21.33% | 26.73% | 34.43% | 42.50% | 40.56% | 57.93% | 58.39% | 54.13% | 61.50% | 45.97% | 39.41% | 53.54% | 90.16% | 98.16% | 115.74% | 141.07% | 71.59% | 59.35% | 91.52% | ||||
qoq | 3.31% | 4.79% | 4.87% | 3.64% | -3.02% | 3.64% | 4.10% | 2.17% | 2.42% | 2.88% | 2.09% | 3.07% | 1.98% | 4.13% | 3.77% | 4.76% | 7.19% | 8.76% | 10.07% | 11.04% | 5.74% | 22.20% | 10.40% | 8.06% | 10.79% | 10.45% | 5.43% | 19.01% | 37.21% | 15.10% | 14.78% | 32.98% | -2.33% | 6.89% | 37.95% | |
gross margin % | 48.63% | 48.49% | 48.61% | 49.07% | 49.60% | 50.19% | 51.04% | 51.35% | 51.96% | 49.37% | 49.95% | 48.74% | 48.75% | 46.96% | 47.01% | 47.20% | 48.56% | 47.05% | 49.26% | 49.52% | 50.56% | 51.47% | 51.54% | 52.17% | 53.04% | 52.74% | 53.60% | 54.54% | 54.07% | 54.39% | 54.02% | 53.85% | 52.01% | 55.84% | 57.33% | 56.28% |
operating expenses: | ||||||||||||||||||||||||||||||||||||
research and development | 262,166,000 | 260,058,000 | 262,311,000 | 243,495,000 | 254,295,000 | 252,577,000 | 260,903,000 | 243,652,000 | 251,615,000 | 235,645,000 | 241,654,000 | 226,896,000 | 238,595,000 | 274,094,000 | 284,735,000 | 279,641,000 | 240,611,000 | 223,249,000 | 209,890,000 | 181,280,000 | 174,800,000 | 158,856,000 | 136,652,000 | 120,701,000 | 114,339,000 | 110,236,000 | 104,481,000 | 98,783,000 | 77,855,000 | 42,340,000 | 39,811,000 | 37,576,000 | 31,674,000 | 29,714,000 | 26,522,000 | 17,369,000 |
sales and marketing | 211,866,000 | 219,752,000 | 220,627,000 | 220,724,000 | 212,113,000 | 216,671,000 | 212,576,000 | 217,556,000 | 214,018,000 | 238,602,000 | 262,898,000 | 261,600,000 | 259,885,000 | 296,335,000 | 328,833,000 | 334,958,000 | 287,906,000 | 331,422,000 | 264,548,000 | 238,058,000 | 210,590,000 | 179,987,000 | 140,875,000 | 129,823,000 | 116,722,000 | 106,394,000 | 100,657,000 | 90,421,000 | 71,607,000 | 45,949,000 | 37,749,000 | 32,822,000 | 25,778,000 | 26,153,000 | 21,116,000 | 18,156,000 |
general and administrative | 102,546,000 | 108,878,000 | 108,191,000 | 101,532,000 | 92,077,000 | 116,779,000 | 106,350,000 | 113,984,000 | 111,966,000 | 106,968,000 | 114,071,000 | 134,852,000 | 112,568,000 | 125,095,000 | 135,331,000 | 142,626,000 | 114,362,000 | 125,502,000 | 122,522,000 | 114,183,000 | 110,253,000 | 128,569,000 | 65,617,000 | 61,251,000 | 55,170,000 | 51,859,000 | 47,690,000 | 54,543,000 | 64,176,000 | 28,608,000 | 24,212,000 | 23,393,000 | 18,867,000 | 4,740,000 | 17,203,000 | 11,635,000 |
total operating expenses | 576,578,000 | 605,567,000 | 591,129,000 | 565,751,000 | 558,485,000 | 585,970,000 | 583,523,000 | 574,882,000 | 587,545,000 | 892,893,000 | 625,222,000 | 647,582,000 | 754,774,000 | 699,709,000 | 919,072,000 | 757,225,000 | 642,879,000 | 680,173,000 | 596,960,000 | 533,521,000 | 495,643,000 | 467,412,000 | 343,144,000 | 311,775,000 | 286,231,000 | 268,489,000 | 252,828,000 | 243,747,000 | 213,638,000 | 116,897,000 | 101,772,000 | 93,791,000 | 76,319,000 | 60,607,000 | 64,841,000 | 47,160,000 |
income from operations | 107,666,000 | 56,783,000 | 40,948,000 | 36,989,000 | 23,082,000 | 13,727,000 | -4,894,000 | -19,037,000 | -43,504,000 | -361,727,000 | -108,903,000 | -141,827,000 | -264,084,000 | -218,567,000 | -456,997,000 | -311,936,000 | -217,808,000 | -283,626,000 | -232,345,000 | -202,274,000 | -197,339,000 | -185,291,000 | -112,270,000 | -102,644,000 | -92,696,000 | -93,799,000 | -94,666,000 | -93,732,000 | -87,588,000 | |||||||
yoy | 366.45% | 313.66% | -936.70% | -294.30% | -153.06% | -103.79% | -95.51% | -86.58% | -83.53% | 65.50% | -76.17% | -54.53% | 21.25% | -22.94% | 96.69% | 54.21% | 10.37% | 53.07% | 106.95% | 97.06% | 112.89% | 97.54% | 18.60% | 9.51% | 5.83% | |||||||||||
qoq | 89.61% | 38.67% | 10.70% | 60.25% | 68.15% | -380.49% | -74.29% | -56.24% | -87.97% | 232.16% | -23.21% | -46.29% | 20.83% | -52.17% | 46.50% | 43.22% | -23.21% | 22.07% | 14.87% | 2.50% | 6.50% | 65.04% | 9.38% | 10.73% | -1.18% | -0.92% | 1.00% | 7.01% | ||||||||
operating margin % | 7.65% | 4.16% | 3.15% | 3.01% | 1.97% | 1.15% | -0.43% | -1.76% | -4.15% | -33.62% | -10.54% | -13.67% | -26.24% | -21.33% | -46.49% | -33.07% | -24.88% | -33.66% | -31.39% | -30.24% | -33.45% | -33.81% | -25.06% | -25.61% | -25.41% | -28.32% | -32.08% | -34.08% | -37.57% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
other (expenses) income, net: | ||||||||||||||||||||||||||||||||||||
share of losses from equity method investment | -27,223,000 | -29,018,000 | -27,506,000 | -25,222,000 | -19,471,000 | -29,687,000 | -25,279,000 | -23,940,000 | -29,575,000 | -28,059,000 | -31,058,000 | -32,361,000 | -30,419,000 | -21,939,000 | -13,376,000 | |||||||||||||||||||||
other income | 21,789,000 | 15,098,000 | 19,242,000 | 21,825,000 | 22,973,000 | 18,161,000 | 27,325,000 | 17,401,000 | 27,918,000 | 4,708,000 | 4,377,000 | 1,000,000 | ||||||||||||||||||||||||
total other (expenses) income | -5,434,000 | -2,039,750 | -8,264,000 | -3,397,000 | ||||||||||||||||||||||||||||||||
income before provision for income taxes | 102,232,000 | 33,592,000 | 26,584,000 | -13,558,000 | -3,651,000 | -26,243,000 | -45,161,000 | -359,654,000 | -139,960,000 | -226,567,000 | -205,652,000 | -89,091,000 | -90,289,000 | -94,612,000 | ||||||||||||||||||||||
provision for income taxes | -12,093,000 | -11,169,000 | -6,567,000 | 1,088,000 | -6,075,000 | -5,615,000 | -10,188,000 | -5,754,000 | -1,747,000 | -1,286,000 | -890,000 | |||||||||||||||||||||||||
net income attributable to common stockholders | 90,139,000 | -45,854,000 | 37,248,000 | 22,423,000 | 20,017,000 | -12,470,000 | -9,726,000 | -31,858,000 | -55,349,000 | -365,408,000 | -141,707,000 | -166,187,000 | -342,139,000 | -229,422,000 | -482,327,000 | -322,769,000 | -221,627,000 | -291,396,000 | -224,109,000 | -227,853,000 | -206,542,000 | -179,351,000 | -116,914,000 | -99,923,000 | -94,791,000 | -90,247,000 | -87,734,000 | -92,579,000 | -36,503,000 | -27,056,000 | -24,006,000 | -23,729,000 | -23,453,000 | -7,109,000 | -14,227,000 | -10,994,000 |
yoy | 350.31% | 267.71% | -482.97% | -170.38% | -136.17% | -96.59% | -93.14% | -80.83% | -83.82% | 59.27% | -70.62% | -48.51% | 54.38% | -21.27% | 115.22% | 41.66% | 7.30% | 62.47% | 91.69% | 128.03% | 117.89% | 98.73% | 33.26% | 7.93% | 159.68% | 233.56% | 265.47% | 290.15% | 55.64% | 280.59% | 68.74% | 115.84% | ||||
qoq | -296.58% | -223.10% | 66.12% | 12.02% | -260.52% | 28.21% | -69.47% | -42.44% | -84.85% | 157.86% | -14.73% | -51.43% | 49.13% | -52.43% | 49.43% | 45.64% | -23.94% | 30.02% | -1.64% | 10.32% | 15.16% | 53.40% | 17.00% | 5.41% | 5.04% | 2.86% | -5.23% | 153.62% | 34.92% | 12.71% | 1.17% | 1.18% | 229.91% | -50.03% | 29.41% | |
net income margin % | 6.41% | -3.36% | 2.86% | 1.83% | 1.71% | -1.04% | -0.86% | -2.94% | -5.29% | -33.96% | -13.71% | -16.01% | -33.99% | -22.39% | -49.07% | -34.22% | -25.32% | -34.58% | -30.28% | -34.06% | -35.01% | -32.72% | -26.10% | -24.93% | -25.98% | -27.25% | -29.73% | -33.66% | -15.66% | -16.02% | -16.25% | -18.38% | -23.33% | -7.42% | -16.28% | -17.04% |
net income per share | -0.09 | -0.06 | -0.19 | -0.31 | -2 | -0.78 | -0.91 | -1.84 | -1.23 | -2.63 | -1.77 | -1.23 | -1.63 | -1.26 | -1.31 | -1.24 | -1.17 | -0.79 | -0.71 | -0.68 | -0.66 | -0.64 | -0.72 | -0.31 | -0.28 | -0.25 | -0.25 | -0.25 | -0.08 | -0.16 | -0.45 | |||||
basic | 0.59 | -0.3 | 0.24 | 0.15 | 0.13 | |||||||||||||||||||||||||||||||
diluted | 0.57 | -0.29 | 0.23 | 0.14 | 0.12 | |||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | 165,925,128 | 159,091,110 | 170,222,104 | 181,017,726 | 183,327,844 | 181,749,309 | 183,490,982 | 186,403,349 | 182,994,038 | 183,692,564 | 182,347,864 | 180,898,713 | 174,180,465 | 177,231,285 | 173,407,187 | 167,160,458 | 146,708,663 | 147,501,075 | 141,618,541 | 139,231,594 | 130,083,046 | 136,400,739 | 129,310,641 | 116,590,513 | 98,019,629 | 96,348,356 | 94,673,557 | 92,156,768 | 90,873,305 | 88,612,804 | 24,261,903 | |||||
basic | 152,424,306 | 152,986,390 | 153,119,639 | 153,228,766 | 153,345,192 | |||||||||||||||||||||||||||||||
diluted | 157,759,141 | 159,788,944 | 159,209,951 | 159,691,758 | 161,794,287 | |||||||||||||||||||||||||||||||
income before benefit from income taxes | 23,215,000 | 32,684,000 | ||||||||||||||||||||||||||||||||||
benefit from income taxes | -3,293,000 | 4,564,000 | -744,000 | -10,467,000 | -9,197,000 | -3,580,000 | -2,594,000 | 2,858,000 | ||||||||||||||||||||||||||||
other income (expenses), net: | ||||||||||||||||||||||||||||||||||||
total other income (expenses) | 3,502,000 | -1,905,000 | 1,243,000 | |||||||||||||||||||||||||||||||||
restructuring costs | -57,000 | 3,694,000 | -310,000 | 9,946,000 | 25,452,000 | 3,437,000 | 14,902,000 | 121,942,000 | 4,185,000 | 72,451,000 | ||||||||||||||||||||||||||
impairment of long-lived assets | 286,226,000 | 3,162,000 | 9,332,000 | 21,784,000 | 97,722,000 | |||||||||||||||||||||||||||||||
impairment of strategic investments | -6,750,000 | -803,000 | -667,000 | -46,154,000 | ||||||||||||||||||||||||||||||||
net income per share | -0.09 | -0.06 | -0.19 | -0.31 | -2 | -0.78 | -0.91 | -1.84 | -1.23 | -2.63 | -1.77 | -1.23 | -1.63 | -1.26 | -1.31 | -1.24 | -1.17 | -0.79 | -0.71 | -0.68 | -0.66 | -0.64 | -0.72 | -0.31 | -0.28 | -0.25 | -0.25 | -0.25 | -0.08 | -0.16 | -0.45 | |||||
weighted-average shares used for eps calculation | 165,925,128 | 159,091,110 | 170,222,104 | 181,017,726 | 183,327,844 | 181,749,309 | 183,490,982 | 186,403,349 | 182,994,038 | 183,692,564 | 182,347,864 | 180,898,713 | 174,180,465 | 177,231,285 | 173,407,187 | 167,160,458 | 146,708,663 | 147,501,075 | 141,618,541 | 139,231,594 | 130,083,046 | 136,400,739 | 129,310,641 | 116,590,513 | 98,019,629 | 96,348,356 | 94,673,557 | 92,156,768 | 90,873,305 | 88,612,804 | 24,261,903 | |||||
other expenses, net: | ||||||||||||||||||||||||||||||||||||
total other expenses | -7,206,000 | -1,657,000 | 2,073,000 | -31,057,000 | -23,616,000 | -67,588,000 | -1,658,000 | -21,750,000 | ||||||||||||||||||||||||||||
other income (expenses) | 30,132,000 | 1,000 | 8,745,000 | 8,985,000 | 3,015,000 | 665,000 | 471,000 | 498,000 | ||||||||||||||||||||||||||||
loss before benefit from income taxes | -165,443,000 | -331,672,000 | -220,225,000 | -478,747,000 | -320,175,000 | -224,485,000 | ||||||||||||||||||||||||||||||
other | -5,822,500 | -8,374,000 | ||||||||||||||||||||||||||||||||||
other expenses | -8,239,000 | -6,677,000 | -9,804,750 | -6,613,000 | -8,313,000 | -1,118,000 | -880,000 | |||||||||||||||||||||||||||||
loss before benefit for income taxes | -289,752,000 | -238,958,000 | -194,717,000 | -116,266,000 | -99,629,000 | -93,814,000 | -88,224,000 | |||||||||||||||||||||||||||||
benefit for income taxes | -1,644,000 | 14,849,000 | -479,750 | -648,000 | -294,000 | -977,000 | 51,721,000 | 30,000 | ||||||||||||||||||||||||||||
other (expenses) income | -24,293,000 | -524,750 | -3,996,000 | -636,000 | ||||||||||||||||||||||||||||||||
income tax benefit | -1,156,000 | 2,555,000 | 2,033,000 | |||||||||||||||||||||||||||||||||
(provision) benefit for income taxes | ||||||||||||||||||||||||||||||||||||
income before benefit for income taxes |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 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 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 541,976,000 | 682,335,000 | 734,843,000 | 969,229,000 | 467,094,000 | 421,297,000 | 583,969,000 | 755,065,000 | 672,595,000 | 655,931,000 | 677,917,000 | 675,081,000 | 634,824,000 | 651,752,000 | 632,794,000 | 798,625,000 | 1,617,022,000 | 1,479,452,000 | 1,497,498,000 | 1,799,602,000 | 2,331,774,000 | 933,885,000 | 1,127,102,000 | 475,700,000 | 345,518,000 | 253,660,000 | 330,601,000 | 535,911,000 | 377,730,000 | 469,132,000 | 493,510,000 | 117,737,000 | 91,906,000 | 92,184,000 | 118,440,000 | 252,225,000 | 261,386,000 |
short-term marketable securities | 1,804,286,000 | 1,788,007,000 | 1,724,068,000 | 1,573,371,000 | 1,980,983,000 | 1,963,102,000 | 2,114,279,000 | 2,361,063,000 | 3,154,005,000 | 3,356,064,000 | 3,179,492,000 | 3,008,887,000 | 3,310,483,000 | 3,503,317,000 | 3,575,751,000 | 3,593,659,000 | 3,606,290,000 | 3,878,430,000 | 3,896,754,000 | 4,125,583,000 | 3,375,284,000 | 2,105,906,000 | 2,171,602,000 | 1,427,619,000 | 1,497,869,000 | 1,599,033,000 | 1,551,175,000 | 1,346,371,000 | 541,167,000 | 276,221,000 | 301,136,000 | 190,271,000 | 192,031,000 | 197,031,000 | 170,086,000 | ||
accounts receivable | 710,516,000 | 636,736,000 | 613,120,000 | 587,966,000 | 577,624,000 | 588,540,000 | 550,901,000 | 537,313,000 | 540,932,000 | 562,773,000 | 557,201,000 | 599,806,000 | 575,664,000 | 547,507,000 | 487,750,000 | 471,915,000 | 406,736,000 | 388,215,000 | 345,793,000 | 301,548,000 | 257,854,000 | 251,167,000 | 203,835,000 | 194,563,000 | 172,865,000 | 154,067,000 | 131,193,000 | 126,780,000 | 105,149,000 | 80,159,000 | 67,572,000 | 57,310,000 | 37,258,000 | 37,321,000 | 29,959,000 | 29,352,000 | 22,981,000 |
prepaid expenses and other current assets | 390,041,000 | 469,650,000 | 405,295,000 | 401,071,000 | 442,155,000 | 474,360,000 | 299,173,000 | 310,260,000 | 310,063,000 | 329,204,000 | 326,968,000 | 315,059,000 | 335,565,000 | 281,510,000 | 265,977,000 | 240,192,000 | 201,142,000 | 186,131,000 | 165,760,000 | 146,955,000 | 129,063,000 | 81,377,000 | 66,481,000 | 62,800,000 | 61,405,000 | 54,571,000 | 55,455,000 | 50,451,000 | 39,081,000 | 25,237,000 | 21,812,000 | 16,791,000 | 26,420,000 | 19,108,000 | 23,229,000 | 18,266,000 | 16,799,000 |
total current assets | 3,446,819,000 | 3,576,728,000 | 3,477,326,000 | 3,531,637,000 | 3,467,856,000 | 3,447,299,000 | 3,548,322,000 | 3,963,701,000 | 4,677,595,000 | 4,903,972,000 | 4,741,578,000 | 4,664,500,000 | 4,856,536,000 | 4,984,086,000 | 4,962,272,000 | 5,104,391,000 | 5,831,190,000 | 5,932,228,000 | 5,905,805,000 | 6,373,688,000 | 6,093,975,000 | 3,372,335,000 | 3,569,020,000 | 2,160,682,000 | 2,077,657,000 | 2,061,331,000 | 2,068,424,000 | 2,059,513,000 | 1,063,127,000 | 850,749,000 | 884,030,000 | 382,109,000 | 347,615,000 | 345,644,000 | 341,714,000 | 299,843,000 | 301,166,000 |
property and equipment | 181,388,000 | 176,963,000 | 175,702,000 | 177,957,000 | 183,613,000 | 191,042,000 | 194,677,000 | 198,562,000 | 201,273,000 | 209,639,000 | 222,257,000 | 235,392,000 | 254,062,000 | 263,979,000 | 263,862,000 | 264,767,000 | 259,003,000 | 255,316,000 | 237,241,000 | 206,354,000 | 195,885,000 | 183,239,000 | 173,279,000 | 161,413,000 | 150,944,000 | 141,256,000 | 118,481,000 | 106,480,000 | 105,158,000 | 59,205,000 | 56,721,000 | 53,694,000 | 47,718,000 | 44,083,000 | 40,931,000 | 25,975,000 | 20,544,000 |
operating right-of-use assets | 29,561,000 | 39,031,000 | 46,944,000 | 53,174,000 | 48,914,000 | 53,405,000 | 58,509,000 | 63,898,000 | 68,887,000 | 73,959,000 | 79,126,000 | 86,193,000 | 103,532,000 | 121,341,000 | 127,567,000 | 213,464,000 | 225,951,000 | 234,584,000 | |||||||||||||||||||
equity method investment | 275,093,000 | 301,642,000 | 413,030,000 | 439,011,000 | 464,580,000 | 485,835,000 | 514,977,000 | 541,120,000 | 568,145,000 | 593,582,000 | 623,118,000 | 656,940,000 | 684,144,000 | 699,911,000 | 732,490,000 | 750,000,000 | |||||||||||||||||||||
intangible assets | 125,399,000 | 142,065,000 | 157,353,000 | 184,260,000 | 211,315,000 | 238,503,000 | 265,841,000 | 293,328,000 | 321,501,000 | 350,490,000 | 678,721,000 | 727,644,000 | 797,699,000 | 849,935,000 | 901,155,000 | 953,522,000 | 1,006,692,000 | 1,050,012,000 | 1,102,599,000 | 913,308,000 | 951,884,000 | 966,573,000 | 404,422,000 | 424,739,000 | 445,153,000 | 460,849,000 | 465,255,000 | 485,410,000 | 503,947,000 | 29,784,000 | 17,108,000 | 18,981,000 | 21,274,000 | 22,324,000 | 22,756,000 | 2,560,000 | 2,604,000 |
goodwill | 5,292,457,000 | 5,291,787,000 | 5,243,266,000 | 5,243,266,000 | 5,243,266,000 | 5,243,266,000 | 5,243,266,000 | 5,243,266,000 | 5,243,266,000 | 5,243,266,000 | 5,243,266,000 | 5,243,266,000 | 5,284,388,000 | 5,284,153,000 | 5,284,616,000 | 5,285,563,000 | 5,286,683,000 | 5,263,166,000 | 5,263,051,000 | 4,664,185,000 | 4,635,177,000 | 4,595,394,000 | 2,291,616,000 | 2,291,616,000 | 2,291,637,000 | 2,296,784,000 | 2,283,387,000 | 2,283,578,000 | 2,277,220,000 | 37,106,000 | 17,506,000 | 18,269,000 | 17,407,000 | 16,950,000 | 16,183,000 | 3,165,000 | 3,165,000 |
other long-term assets | 226,088,000 | 242,674,000 | 198,698,000 | 218,987,000 | 195,171,000 | 206,122,000 | 211,665,000 | 203,777,000 | 208,622,000 | 234,799,000 | 269,672,000 | 290,551,000 | 318,547,000 | 360,899,000 | 340,694,000 | 297,522,000 | 281,283,000 | 263,292,000 | 219,569,000 | 142,601,000 | 123,932,000 | 111,282,000 | 92,637,000 | 55,472,000 | 41,435,000 | 33,480,000 | 26,477,000 | 21,316,000 | 13,009,000 | 6,771,000 | 4,978,000 | 4,240,000 | 2,084,000 | 1,498,000 | 735,000 | 410,000 | 461,000 |
total assets | 9,576,805,000 | 9,770,890,000 | 9,712,319,000 | 9,848,292,000 | 9,814,715,000 | 9,865,472,000 | 10,037,257,000 | 10,507,652,000 | 11,289,289,000 | 11,609,707,000 | 11,857,738,000 | 11,904,486,000 | 12,298,908,000 | 12,564,304,000 | 12,612,656,000 | 12,869,229,000 | 12,890,802,000 | 12,998,598,000 | 12,976,847,000 | 12,533,585,000 | 12,242,181,000 | 9,487,433,000 | 6,723,702,000 | 5,290,569,000 | 5,166,265,000 | 5,150,516,000 | 5,110,168,000 | 5,109,105,000 | 4,120,073,000 | 1,003,797,000 | 985,848,000 | 482,795,000 | 443,548,000 | 437,947,000 | 429,766,000 | 340,566,000 | 336,551,000 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||
accounts payable | 91,706,000 | 85,089,000 | 40,321,000 | 76,181,000 | 107,707,000 | 100,169,000 | 71,320,000 | 61,831,000 | 82,194,000 | 119,615,000 | 104,424,000 | 93,500,000 | 121,157,000 | 124,605,000 | 103,234,000 | 102,039,000 | 93,389,000 | 93,333,000 | 76,293,000 | 105,998,000 | 66,511,000 | 60,042,000 | 39,880,000 | 27,531,000 | 18,450,000 | 39,099,000 | 25,949,000 | 29,361,000 | 22,418,000 | 12,842,000 | 23,765,000 | 17,924,000 | 7,117,000 | 4,267,000 | 6,233,000 | 6,217,000 | 8,720,000 |
accrued expenses and other current liabilities | 456,931,000 | 608,119,000 | 507,815,000 | 461,527,000 | 432,300,000 | 530,686,000 | 452,343,000 | 467,472,000 | 442,133,000 | 424,311,000 | 423,812,000 | 448,705,000 | 475,871,000 | 490,221,000 | 572,876,000 | 504,810,000 | 433,668,000 | 417,503,000 | 368,683,000 | 331,804,000 | 293,658,000 | 243,833,000 | 205,822,000 | 197,303,000 | 195,393,000 | 147,681,000 | 135,544,000 | 117,625,000 | 107,295,000 | 93,894,000 | 82,171,000 | 76,595,000 | 55,283,000 | 50,551,000 | 62,259,000 | 50,541,000 | 42,140,000 |
deferred revenue and customer deposits | 159,569,000 | 158,677,000 | 159,165,000 | 148,009,000 | 154,047,000 | 155,680,000 | 138,752,000 | 138,745,000 | 142,372,000 | 144,499,000 | 145,955,000 | 139,434,000 | 136,517,000 | 139,110,000 | 135,610,000 | 137,728,000 | 139,671,000 | 140,389,000 | 121,337,000 | 98,723,000 | 93,516,000 | 87,031,000 | 33,916,000 | 29,111,000 | 26,706,000 | 26,362,000 | 26,015,000 | 24,898,000 | 23,348,000 | ||||||||
operating lease liability, current | 32,119,000 | 35,123,000 | 34,987,000 | 34,342,000 | 31,886,000 | 33,685,000 | 38,322,000 | 43,451,000 | 47,904,000 | 49,872,000 | 51,926,000 | 53,089,000 | 54,904,000 | 54,222,000 | 52,453,000 | 50,743,000 | 53,094,000 | 52,325,000 | 50,760,000 | 46,760,000 | 46,239,000 | 48,338,000 | 37,867,000 | 35,287,000 | 29,949,000 | 27,156,000 | 22,211,000 | 21,858,000 | 21,147,000 | ||||||||
total current liabilities | 740,325,000 | 887,008,000 | 742,288,000 | 720,059,000 | 725,940,000 | 820,220,000 | 700,737,000 | 711,499,000 | 714,603,000 | 738,297,000 | 726,117,000 | 759,803,000 | 788,449,000 | 808,158,000 | 864,173,000 | 795,320,000 | 719,822,000 | 703,550,000 | 617,073,000 | 583,285,000 | 499,924,000 | 448,306,000 | 326,347,000 | 296,366,000 | 277,037,000 | 247,222,000 | 216,228,000 | 201,781,000 | 182,339,000 | 125,427,000 | 122,835,000 | 109,304,000 | 75,999,000 | 67,401,000 | 79,600,000 | 66,250,000 | 59,567,000 |
operating lease liability, noncurrent | 43,290,000 | 54,162,000 | 68,000,000 | 76,819,000 | 78,048,000 | 85,875,000 | 94,762,000 | 102,562,000 | 110,267,000 | 120,770,000 | 133,881,000 | 146,301,000 | 162,114,000 | 164,551,000 | 176,336,000 | 189,068,000 | 201,354,000 | 211,253,000 | 223,033,000 | 205,997,000 | 214,456,000 | 229,905,000 | 166,399,000 | 172,408,000 | 140,120,000 | 139,200,000 | 134,755,000 | 138,819,000 | 143,950,000 | ||||||||
long-term debt | 992,722,000 | 992,287,000 | 991,856,000 | 991,429,000 | 991,006,000 | 990,587,000 | 990,173,000 | 989,762,000 | 989,356,000 | 988,953,000 | 988,555,000 | 988,160,000 | 987,769,000 | 987,382,000 | 986,985,000 | 986,619,000 | 986,243,000 | 985,907,000 | 985,547,000 | 985,219,000 | 1,218,048,000 | ||||||||||||||||
other long-term liabilities | 16,384,000 | 15,887,000 | 14,886,000 | 16,063,000 | 15,430,000 | 15,824,000 | 22,718,000 | 19,392,000 | 20,373,000 | 19,944,000 | 18,298,000 | 19,194,000 | 23,878,000 | 23,881,000 | 29,432,000 | 37,292,000 | 43,897,000 | 41,290,000 | 49,191,000 | 47,168,000 | 42,624,000 | 36,633,000 | 19,957,000 | 19,544,000 | 20,966,000 | 17,747,000 | 14,341,000 | 15,479,000 | 14,037,000 | 15,239,000 | 10,243,000 | 12,306,000 | 10,042,000 | 9,751,000 | |||
total liabilities | 1,792,721,000 | 1,949,344,000 | 1,817,030,000 | 1,804,370,000 | 1,810,424,000 | 1,912,506,000 | 1,808,390,000 | 1,828,179,000 | 1,841,559,000 | 1,877,155,000 | 1,878,357,000 | 1,927,927,000 | 1,980,042,000 | 2,005,262,000 | 2,081,768,000 | 2,027,234,000 | 1,973,369,000 | 1,967,132,000 | 1,895,098,000 | 1,839,473,000 | 1,994,985,000 | 1,034,768,000 | 961,434,000 | 968,979,000 | 909,740,000 | 871,105,000 | 825,682,000 | 812,245,000 | 792,560,000 | 569,444,000 | 556,177,000 | 120,255,000 | 88,548,000 | 79,839,000 | 91,906,000 | 76,292,000 | 69,318,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||
preferred stock | |||||||||||||||||||||||||||||||||||||
class a common stock | 152,000 | 152,000 | 154,000 | 153,000 | 155,000 | 164,000 | 177,000 | ||||||||||||||||||||||||||||||
additional paid-in capital | 16,294,528,000 | 16,148,190,000 | 15,971,163,000 | 15,805,141,000 | 15,625,545,000 | 15,476,124,000 | 15,299,179,000 | 15,136,786,000 | 14,960,837,000 | 14,797,723,000 | 14,610,887,000 | 14,418,946,000 | 14,233,590,000 | 14,055,853,000 | 13,842,301,000 | 13,623,300,000 | 13,343,554,000 | 13,169,118,000 | 12,910,271,000 | 12,297,415,000 | 11,618,698,000 | 9,613,246,000 | 6,741,973,000 | 5,181,368,000 | 5,034,278,000 | 4,952,999,000 | 4,868,261,000 | 4,794,177,000 | 3,733,241,000 | 757,392,000 | 725,073,000 | 633,460,000 | 584,390,000 | 564,795,000 | 538,917,000 | 438,311,000 | 430,016,000 |
accumulated other comprehensive income | -4,317,000 | 15,668,000 | 22,606,000 | 24,716,000 | 10,358,000 | -1,301,000 | 24,395,000 | -10,671,000 | -4,941,000 | 619,000 | -18,141,000 | -405,000 | 707,000 | 4,660,000 | 9,046,000 | 10,585,000 | 13,606,000 | -4,289,000 | 5,086,000 | 4,578,000 | 3,303,000 | 2,323,000 | 1,380,000 | 1,962,000 | 2,439,000 | 2,036,000 | 1,287,000 | ||||||||||
accumulated deficit | -8,506,279,000 | -8,342,464,000 | -8,098,632,000 | -7,786,089,000 | -7,631,765,000 | -7,522,010,000 | -7,094,862,000 | -6,446,806,000 | -5,508,343,000 | -5,065,972,000 | -4,578,962,000 | -4,382,293,000 | -3,842,965,000 | -3,375,836,000 | -3,146,414,000 | -2,664,087,000 | -2,341,318,000 | -2,119,691,000 | -1,828,295,000 | -1,604,186,000 | -1,376,333,000 | -1,169,791,000 | -990,440,000 | -873,526,000 | -773,603,000 | -678,812,000 | -588,490,000 | -500,756,000 | -408,177,000 | ||||||||
total stockholders’ equity | 7,784,084,000 | 7,821,546,000 | 7,895,289,000 | 8,043,922,000 | 8,004,291,000 | 7,952,966,000 | 8,228,867,000 | 8,679,473,000 | 9,447,730,000 | 9,732,552,000 | 9,979,381,000 | 9,976,559,000 | 10,318,866,000 | 10,559,042,000 | 10,530,888,000 | 10,841,995,000 | 10,917,433,000 | 11,031,466,000 | 11,081,749,000 | 10,694,112,000 | 10,247,196,000 | 8,452,665,000 | 5,762,268,000 | 4,321,590,000 | 4,256,525,000 | 4,279,411,000 | 4,284,486,000 | 4,296,860,000 | 3,327,513,000 | 434,353,000 | 429,671,000 | 362,540,000 | 355,000,000 | 358,108,000 | 337,860,000 | 264,274,000 | 267,233,000 |
total liabilities and stockholders’ equity | 9,576,805,000 | 9,770,890,000 | 9,712,319,000 | 9,848,292,000 | 9,814,715,000 | 9,865,472,000 | 10,037,257,000 | 10,507,652,000 | 11,289,289,000 | 11,609,707,000 | 11,857,738,000 | 11,904,486,000 | 12,298,908,000 | 12,564,304,000 | 12,612,656,000 | 12,869,229,000 | 12,890,802,000 | 12,998,598,000 | 12,976,847,000 | 12,533,585,000 | 12,242,181,000 | 9,487,433,000 | 6,723,702,000 | 5,290,569,000 | 5,166,265,000 | 5,150,516,000 | 5,110,168,000 | 5,109,105,000 | 4,120,073,000 | 1,003,797,000 | 985,848,000 | 482,795,000 | 443,548,000 | 437,947,000 | 429,766,000 | 340,566,000 | 336,551,000 |
preferred stock, 0.001 par value... | |||||||||||||||||||||||||||||||||||||
class a common stock, 0.001 par value per share... | |||||||||||||||||||||||||||||||||||||
authorized shares 1,000,000,000 as of december 31, 2025 and 2024; issued and outstanding shares 152,411,346 and 152,610,697 as of december 31, 2025 and 2024 | 152,000 | ||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||
authorized shares 1,000,000,000 as of december 31, 2024 and 2023; issued and outstanding shares 152,610,697 and 181,945,771 as of december 31, 2024 and 2023 | 153,000 | ||||||||||||||||||||||||||||||||||||
finance lease liability, noncurrent | 4,964,000 | 6,960,000 | 9,191,000 | 11,506,000 | 14,469,000 | 17,832,000 | 21,290,000 | 24,842,000 | 18,935,000 | 22,053,000 | 25,132,000 | 20,254,000 | 17,804,000 | 19,933,000 | 17,856,000 | 16,034,000 | 10,116,000 | 7,250,000 | 8,746,000 | ||||||||||||||||||
class a and class b common stock, 0.001 par value per share... | |||||||||||||||||||||||||||||||||||||
authorized shares 1,003,170,181 and 1,100,000,000 as of december 31, 2023 and 2022; issued and outstanding shares 181,945,771 and 185,975,709 as of december 31, 2023 and 2022 | 182,000 | ||||||||||||||||||||||||||||||||||||
class a and class b common | 182,000 | 181,000 | 186,000 | 184,000 | 183,000 | 181,000 | 178,000 | 176,000 | 171,000 | 150,000 | 142,000 | 139,000 | 137,000 | 136,000 | 126,000 | 97,000 | 96,000 | 95,000 | 93,000 | 92,000 | 90,000 | 85,000 | 85,000 | ||||||||||||||
accumulated other comprehensive loss | -52,726,000 | -60,275,000 | -71,945,000 | -121,161,000 | -165,183,000 | -117,401,000 | -84,984,000 | ||||||||||||||||||||||||||||||
assets held for sale | 65,667,000 | ||||||||||||||||||||||||||||||||||||
liabilities held for sale | 25,075,000 | ||||||||||||||||||||||||||||||||||||
authorized shares 1,100,000,000 as of december 31, 2022 and 2021; issued and outstanding shares 185,975,709 and 180,468,099 as of december 31, 2022 and 2021 | 186,000 | ||||||||||||||||||||||||||||||||||||
authorized shares 1,100,000,000 as of december 31, 2021 and 2020; issued and outstanding shares 180,468,099 and 164,047,524 as of december 31, 2021 and 2020 | 180,000 | ||||||||||||||||||||||||||||||||||||
operating right-of-use asset | 248,582,000 | 233,449,000 | 241,328,000 | 258,610,000 | 192,728,000 | 196,647,000 | 159,439,000 | 156,741,000 | |||||||||||||||||||||||||||||
finance lease liability, current | 9,062,000 | 8,862,000 | 7,134,000 | 6,539,000 | 6,924,000 | ||||||||||||||||||||||||||||||||
convertible senior notes | 302,068,000 | 432,697,000 | 470,545,000 | 464,367,000 | 458,190,000 | 452,184,000 | 446,177,000 | 440,337,000 | 428,778,000 | 423,099,000 | |||||||||||||||||||||||||||
authorized shares 1,100,000,000 as of december 31, 2020 and 2019; issued and outstanding shares 164,047,524 and 138,412,799 as of december 31, 2020 and 2019 | 164,000 | ||||||||||||||||||||||||||||||||||||
restricted cash | 75,000 | 75,000 | 862,000 | 1,101,000 | 20,182,000 | 5,505,000 | 5,502,000 | 7,450,000 | 7,448,000 | 7,447,000 | 8,613,000 | 8,611,000 | |||||||||||||||||||||||||
authorized shares 1,100,000,000 as of december 31, 2019 and 2018; issued and outstanding shares 138,412,799 and 100,080,228 as of december 31, 2019 and 2018 | 138,000 | ||||||||||||||||||||||||||||||||||||
operating right of use asset | 148,069,000 | 151,946,000 | 156,511,000 | ||||||||||||||||||||||||||||||||||
financing lease liability, current | 6,509,000 | 5,920,000 | 6,044,000 | ||||||||||||||||||||||||||||||||||
financing lease liability, noncurrent | 8,174,000 | 7,752,000 | 9,124,000 | ||||||||||||||||||||||||||||||||||
note payable, current | 2,119,000 | 2,087,000 | |||||||||||||||||||||||||||||||||||
note payable, noncurrent | 2,237,000 | 2,773,000 | |||||||||||||||||||||||||||||||||||
customer deposits | 8,483,000 | 7,843,000 | 7,442,000 | ||||||||||||||||||||||||||||||||||
deferred revenue | 10,208,000 | 9,056,000 | 7,343,000 | 13,599,000 | 12,583,000 | 11,108,000 | 9,492,000 | 8,707,000 | |||||||||||||||||||||||||||||
long-term liabilities | 10,951,000 | 12,549,000 | 12,438,000 | ||||||||||||||||||||||||||||||||||
convertible preferred stock |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 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 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||
net income | 90,139,000 | -45,854,000 | 37,248,000 | 22,423,000 | 20,017,000 | -24,006,000 | -23,729,000 | -23,453,000 | -7,109,000 | -14,227,000 | |||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||
depreciation and amortization | 34,167,000 | 47,543,000 | 48,498,000 | 49,838,000 | 49,565,000 | 49,814,000 | 50,787,000 | 52,065,000 | 53,318,000 | 65,445,000 | 72,580,000 | 74,995,000 | 71,393,000 | 71,247,000 | 70,136,000 | 69,641,000 | 68,103,000 | 68,709,000 | 70,264,000 | 59,813,000 | 59,592,000 | 51,590,000 | 33,298,000 | 32,533,000 | 32,239,000 | 31,135,000 | 29,685,000 | 28,362,000 | 21,248,000 | 6,854,000 | 5,761,000 | 5,631,000 | 4,926,000 | 4,525,000 | 3,955,000 |
non-cash reduction to the right-of-use asset | 4,715,000 | 5,366,000 | 6,118,000 | 5,346,000 | 5,170,000 | 4,938,000 | 4,093,000 | 4,988,000 | 5,076,000 | 5,156,000 | 5,741,000 | 7,500,000 | 8,574,000 | 8,491,000 | 13,130,000 | 13,124,000 | 12,415,000 | 12,537,000 | 13,049,000 | 11,489,000 | 11,711,000 | 11,155,000 | 9,436,000 | 9,781,000 | 8,023,000 | ||||||||||
net amortization of investment premium and discount | -2,122,000 | -2,659,000 | -3,291,000 | -3,868,000 | -4,314,000 | -4,840,000 | -5,528,000 | -6,543,000 | -6,029,000 | -4,447,000 | -989,000 | 1,877,000 | 3,515,000 | 5,265,000 | 7,626,000 | 9,562,000 | 10,712,000 | 11,278,000 | 11,046,000 | 9,594,000 | 4,240,000 | 3,880,000 | -338,000 | -1,215,000 | -1,589,000 | -1,359,000 | |||||||||
stock-based compensation | 136,511,000 | 153,714,000 | 158,169,000 | 149,251,000 | 139,273,000 | 155,783,000 | 154,561,000 | 147,657,000 | 158,606,000 | 166,490,000 | 185,474,000 | 153,094,000 | 170,799,000 | 192,300,000 | 208,894,000 | 242,091,000 | 155,275,000 | 186,919,000 | 164,043,000 | 144,168,000 | 137,155,000 | 123,114,000 | 89,410,000 | 79,387,000 | 69,025,000 | 66,986,000 | 68,268,000 | 70,740,000 | 58,324,000 | 22,741,000 | 21,006,000 | 17,540,000 | 14,188,000 | 12,400,000 | 9,385,000 |
amortization of deferred commissions | 17,139,000 | 17,638,000 | 18,508,000 | 19,122,000 | 19,265,000 | 19,364,000 | 19,196,000 | 18,959,000 | 18,829,000 | 18,464,000 | 18,361,000 | 18,202,000 | 17,865,000 | 16,591,000 | 15,246,000 | 13,450,000 | 12,626,000 | 10,743,000 | 8,404,000 | 6,764,000 | 5,630,000 | 4,766,000 | 915,000 | 670,000 | 407,000 | ||||||||||
unrealized losses on marketable equity securities | -4,795,000 | ||||||||||||||||||||||||||||||||||
share of losses from equity method investment | 27,223,000 | 29,018,000 | 27,506,000 | 25,222,000 | 19,471,000 | 29,687,000 | 25,279,000 | 23,940,000 | 29,575,000 | 28,059,000 | 31,058,000 | 32,361,000 | 30,419,000 | 21,939,000 | |||||||||||||||||||||
other adjustments | 10,426,000 | -2,664,000 | -1,654,000 | 2,654,000 | 5,846,000 | -2,664,000 | -251,000 | 2,928,000 | 4,996,000 | 2,847,000 | -1,453,000 | -2,092,000 | 15,367,000 | 4,698,000 | -9,720,000 | 11,405,000 | -1,478,000 | 3,468,000 | 7,980,000 | -2,443,000 | 3,089,000 | -3,490,000 | -3,844,000 | 2,505,000 | 4,352,000 | 3,695,000 | |||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||
accounts receivable | -74,869,000 | -24,125,000 | -27,830,000 | -11,575,000 | 8,463,000 | -48,514,000 | -23,740,000 | -4,543,000 | 15,637,000 | -15,977,000 | 23,014,000 | -56,915,000 | -35,215,000 | -73,302,000 | -29,571,000 | -72,159,000 | -19,623,000 | -36,757,000 | -39,499,000 | -47,252,000 | 5,565,000 | -22,963,000 | -10,574,000 | -24,643,000 | -23,123,000 | -23,738,000 | -5,096,000 | -22,317,000 | -206,000 | ||||||
prepaid expenses and other current assets | 75,414,000 | -67,044,000 | -7,066,000 | 51,143,000 | 33,519,000 | -187,060,000 | 13,838,000 | 2,851,000 | 16,901,000 | 223,000 | -11,390,000 | 6,322,000 | -51,438,000 | -13,255,000 | -23,074,000 | -43,821,000 | -14,176,000 | -18,083,000 | -15,325,000 | -14,692,000 | -29,912,000 | -2,903,000 | 3,268,000 | -3,871,000 | -8,130,000 | 427,000 | -5,055,000 | -6,209,000 | -9,479,000 | 2,512,000 | |||||
other long-term assets | -3,175,000 | -57,944,000 | -12,839,000 | -42,004,000 | -9,416,000 | -27,634,000 | -21,839,000 | -4,463,000 | 6,859,000 | 13,039,000 | 3,813,000 | 2,301,000 | -21,481,000 | -34,796,000 | -59,141,000 | -25,122,000 | -27,399,000 | -54,724,000 | -27,383,000 | -23,886,000 | -15,232,000 | -17,131,000 | -45,003,000 | -14,015,000 | -5,759,000 | -7,265,000 | -4,787,000 | -3,010,000 | -2,959,000 | ||||||
accounts payable | 6,502,000 | 44,825,000 | -35,475,000 | -32,176,000 | 7,853,000 | 29,000,000 | 9,771,000 | -21,265,000 | -37,762,000 | 14,948,000 | 11,004,000 | -13,648,000 | 66,000 | 18,751,000 | 4,931,000 | 5,407,000 | 1,247,000 | 18,856,000 | -35,743,000 | 37,353,000 | -10,275,000 | 9,974,000 | 11,609,000 | 9,280,000 | -20,803,000 | 12,922,000 | -3,973,000 | 7,145,000 | 1,161,000 | -10,925,000 | 5,863,000 | 6,703,000 | 149,000 | ||
accrued expenses and other current liabilities | -155,755,000 | 98,713,000 | 44,025,000 | 54,176,000 | -94,262,000 | 71,399,000 | -7,620,000 | 36,102,000 | -12,447,000 | 7,861,000 | -15,312,000 | -25,235,000 | -19,130,000 | 60,282,000 | 18,148,000 | 42,824,000 | 18,807,000 | 37,616,000 | 28,307,000 | 28,746,000 | 12,159,000 | 2,595,000 | 44,840,000 | 12,328,000 | 19,850,000 | 9,628,000 | 4,348,000 | 11,692,000 | 5,251,000 | 22,789,000 | 5,221,000 | ||||
deferred revenue and customer deposits | 892,000 | -1,446,000 | 11,155,000 | -6,037,000 | -1,634,000 | 16,929,000 | 7,000 | -3,628,000 | -2,127,000 | -1,456,000 | 6,521,000 | 2,917,000 | -2,611,000 | 3,518,000 | -2,222,000 | -2,531,000 | -1,453,000 | 18,630,000 | 19,389,000 | 4,180,000 | 3,435,000 | 6,025,000 | 4,805,000 | 2,405,000 | 589,000 | -75,000 | 1,116,000 | 1,550,000 | 377,000 | ||||||
operating lease liabilities | -9,096,000 | -8,724,000 | -8,175,000 | -8,387,000 | -10,306,000 | -13,368,000 | -11,214,000 | -11,707,000 | -12,470,000 | -14,894,000 | -13,582,000 | -14,213,000 | -13,651,000 | -12,292,000 | -11,031,000 | -18,069,000 | -13,058,000 | -12,772,000 | -12,664,000 | -11,557,000 | -12,053,000 | -8,777,000 | |||||||||||||
other long-term liabilities | -110,000 | -950,000 | -1,127,000 | 723,000 | 79,000 | -885,000 | -487,000 | -968,000 | 306,000 | 5,910,000 | -3,193,000 | 493,000 | 264,000 | -2,502,000 | 332,000 | -3,247,000 | -4,415,000 | -1,247,000 | -1,309,000 | 2,860,000 | -2,570,000 | 306,000 | |||||||||||||
net cash from operating activities | 153,206,000 | 271,555,000 | 263,563,000 | 277,084,000 | 191,042,000 | 108,446,000 | 204,329,000 | 213,343,000 | 190,123,000 | 222,545,000 | 206,427,000 | 83,646,000 | -97,866,000 | -58,455,000 | -115,772,000 | -62,566,000 | -17,575,000 | -38,243,000 | -46,171,000 | 21,717,000 | 4,505,000 | 14,901,000 | 3,842,000 | -1,624,000 | 15,535,000 | 12,024,000 | 15,843,000 | -4,706,000 | -9,113,000 | -6,392,000 | 2,289,000 | 16,936,000 | 2,440,000 | ||
capital expenditures | -16,708,000 | -14,005,000 | -13,812,000 | -12,588,000 | -11,564,000 | -11,549,000 | -14,424,000 | -14,681,000 | -11,154,000 | -9,399,000 | -10,451,000 | -10,215,000 | -9,860,000 | -9,856,000 | -13,544,000 | -12,111,000 | 2,234,000 | -14,087,000 | -11,405,000 | -1,674,000 | -2,153,000 | -2,066,000 | -9,990,000 | -2,406,000 | -17,117,000 | -5,159,000 | 7,433,000 | 213,000 | 99,000 | 473,000 | 1,184,000 | ||||
free cash flows | 136,498,000 | 257,550,000 | 249,751,000 | 264,496,000 | 179,478,000 | 96,897,000 | 189,905,000 | 198,662,000 | 178,969,000 | 213,146,000 | 195,976,000 | 73,431,000 | -107,726,000 | -68,311,000 | -129,316,000 | -74,677,000 | -36,009,000 | -60,258,000 | 10,312,000 | 2,831,000 | 12,748,000 | 1,776,000 | -11,614,000 | 9,618,000 | -1,274,000 | -9,865,000 | -1,680,000 | -6,179,000 | 2,388,000 | 17,409,000 | 3,624,000 | ||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired. and payments related to prior period acquisitions | -685,000 | ||||||||||||||||||||||||||||||||||
purchases of marketable securities and other investments | -353,288,000 | -270,624,000 | -371,398,000 | -194,992,000 | -213,844,000 | -184,142,000 | -149,726,000 | -154,405,000 | -435,590,000 | -561,028,000 | -880,241,000 | -375,615,000 | -136,119,000 | -287,578,000 | -325,393,000 | -1,078,492,000 | -246,874,000 | -297,433,000 | -418,001,000 | -1,167,299,000 | -1,640,499,000 | -171,432,000 | -1,021,342,000 | -215,791,000 | -228,025,000 | -269,297,000 | -392,053,000 | ||||||||
proceeds from sales and maturities of marketable securities and other investments | 333,644,000 | ||||||||||||||||||||||||||||||||||
capitalized software development costs | -16,708,000 | -14,005,000 | -13,812,000 | -12,588,000 | -11,564,000 | -11,549,000 | -14,424,000 | -14,681,000 | -11,154,000 | -9,399,000 | -10,451,000 | -10,215,000 | -9,860,000 | -9,856,000 | -13,544,000 | -12,111,000 | -10,250,000 | -8,047,000 | -14,087,000 | -11,405,000 | -10,434,000 | -7,214,000 | -8,463,000 | -9,025,000 | -8,626,000 | -5,113,000 | -6,289,000 | -5,169,000 | -5,351,000 | ||||||
purchases of long-lived assets | -4,153,000 | -6,478,000 | -6,319,000 | -26,374,000 | -11,112,000 | ||||||||||||||||||||||||||||||
net cash from investing activities | -41,190,000 | -140,429,000 | -161,502,000 | 402,019,000 | -19,140,000 | 129,098,000 | 267,355,000 | 784,614,000 | 189,770,000 | -137,142,000 | -144,032,000 | 307,312,000 | 202,465,000 | 65,701,000 | -46,524,000 | -786,596,000 | 150,967,000 | -38,260,000 | -270,247,000 | -815,468,000 | -1,366,021,000 | -224,910,000 | -765,710,000 | 73,120,000 | 71,645,000 | -103,081,000 | -220,847,000 | -831,663,000 | -130,201,000 | ||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||
principal payments on finance leases | -64,000 | -51,000 | -1,027,000 | -1,977,000 | -2,251,000 | -1,719,000 | |||||||||||||||||||||||||||||
value of equity awards withheld for tax liabilities | -42,000 | 0 | -75,000 | -85,000 | -53,000 | -19,000 | -18,000 | -45,000 | -1,918,000 | -29,000 | -27,000 | -53,000 | -2,456,000 | -18,000 | -11,000 | -4,000 | -1,065,000 | -3,836,000 | -1,896,000 | -1,882,000 | -2,774,000 | -4,551,000 | -1,409,000 | -1,144,000 | -1,674,000 | -1,264,000 | -1,568,000 | -1,518,000 | -1,062,000 | ||||||
repurchases of shares of class a common stock and related costs | -253,027,000 | -198,467,000 | -347,223,000 | -196,993,000 | -126,256,000 | -420,118,000 | -640,583,000 | -916,799,000 | -356,900,000 | -119,880,000 | -63,750,000 | -370,128,000 | -114,993,000 | ||||||||||||||||||||||
proceeds from exercises of stock options | 559,000 | 2,766,000 | 421,000 | 3,264,000 | 11,727,000 | 11,564,000 | 8,231,000 | 9,927,000 | 15,328,000 | 8,863,000 | 7,037,000 | 6,678,000 | 4,350,000 | 5,419,000 | 12,735,000 | ||||||||||||||||||||
net cash from financing activities | -252,574,000 | -183,435,000 | -347,952,000 | -175,914,000 | -125,794,000 | -407,770,000 | -642,780,000 | -897,793,000 | -363,229,000 | -107,389,000 | -66,865,000 | -347,818,000 | -121,538,000 | 11,755,000 | -1,150,000 | 30,295,000 | 4,107,000 | 57,025,000 | 14,444,000 | 265,407,000 | 2,759,449,000 | 16,752,000 | 1,413,270,000 | 58,686,000 | 4,603,000 | 14,116,000 | -1,093,000 | 994,311,000 | 12,811,000 | 7,689,000 | 489,994,000 | 6,307,000 | 4,185,000 | 12,475,000 | 12,342,000 |
net increase in cash, cash equivalents and restricted cash | -140,558,000 | -52,309,000 | -245,891,000 | 503,189,000 | 46,108,000 | -171,096,000 | 100,164,000 | 16,664,000 | -21,986,000 | 2,836,000 | 35,903,000 | -16,900,000 | 18,915,000 | -163,613,000 | -818,581,000 | 137,526,000 | -19,512,000 | -301,988,000 | -528,443,000 | 1,397,889,000 | -193,217,000 | 651,402,000 | 130,182,000 | 91,783,000 | -76,941,000 | -206,097,000 | 157,942,000 | -126,503,000 | -9,701,000 | 375,776,000 | 2,451,000 | ||||
cash, cash equivalents and restricted cash—beginning of period | 682,534,000 | 0 | 0 | 0 | 431,437,000 | 0 | 0 | 0 | 655,931,000 | 0 | 0 | 0 | 656,078,000 | 0 | 0 | 0 | 1,481,831,000 | 0 | 0 | 933,885,000 | 0 | 0 | 253,735,000 | 0 | 0 | 0 | 505,334,000 | 0 | 0 | 120,788,000 | |||||
cash, cash equivalents and restricted cash —end of period | 541,976,000 | -52,309,000 | -245,891,000 | 503,189,000 | 477,545,000 | -170,226,000 | -171,096,000 | 100,164,000 | 672,595,000 | -21,986,000 | 2,836,000 | 35,903,000 | 639,178,000 | 18,915,000 | -163,613,000 | -818,581,000 | 1,619,357,000 | -301,988,000 | -528,443,000 | 2,331,774,000 | 651,402,000 | 130,182,000 | 345,518,000 | -76,941,000 | -206,097,000 | 157,942,000 | 378,831,000 | -9,701,000 | 375,776,000 | 123,239,000 | |||||
cash paid for income taxes | 21,220,000 | 1,764,000 | 2,859,000 | 7,831,000 | 5,257,000 | 11,322,000 | 5,752,000 | 8,712,000 | 10,761,000 | 14,902,000 | 5,338,000 | 14,099,000 | 3,479,000 | 1,932,000 | 1,334,000 | 2,704,000 | 1,443,000 | 1,708,000 | 1,252,000 | 1,130,000 | 940,000 | 765,000 | 257,000 | 859,000 | 461,000 | 82,000 | -34,000 | 223,000 | 303,000 | 18,000 | 116,000 | 331,000 | 42,000 | ||
cash paid for interest | 18,756,000 | 7,000 | 18,758,000 | 22,000 | 18,791,000 | 62,000 | 18,835,000 | 114,000 | 18,893,000 | 173,000 | 18,955,000 | 511,000 | 18,750,000 | 0 | 18,750,000 | -261,000 | 19,011,000 | 1,092,000 | 263,000 | 849,000 | 198,000 | 884,000 | |||||||||||||
reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets | |||||||||||||||||||||||||||||||||||
cash and cash equivalents | 541,976,000 | -52,508,000 | -234,386,000 | 502,135,000 | 467,094,000 | -162,672,000 | -171,096,000 | 82,470,000 | 672,595,000 | -21,986,000 | 2,836,000 | 40,257,000 | 634,824,000 | 18,958,000 | -165,831,000 | -818,397,000 | 1,617,022,000 | -18,046,000 | |||||||||||||||||
restricted cash in other long-term assets | 1,054,000 | 10,451,000 | 0 | 0 | 438,000 | 0 | 365,000 | -269,000 | |||||||||||||||||||||||||||
total cash, cash equivalents and restricted cash | 541,976,000 | -52,309,000 | -245,891,000 | 503,189,000 | 477,545,000 | -170,226,000 | -171,096,000 | 100,164,000 | 672,595,000 | -21,986,000 | 2,836,000 | 35,903,000 | 639,178,000 | 18,915,000 | -163,613,000 | -818,581,000 | 1,619,357,000 | -19,512,000 | |||||||||||||||||
impairment of long-lived assets | |||||||||||||||||||||||||||||||||||
realized and unrealized losses on equity securities | |||||||||||||||||||||||||||||||||||
provision for doubtful accounts | 1,869,000 | 2,675,000 | 1,233,000 | 2,453,000 | 17,270,000 | 3,758,000 | 8,161,000 | 6,204,000 | 686,000 | 11,000 | |||||||||||||||||||||||||
value of shares of class a common stock issued and donated to charity | 2,817,000 | 1,361,000 | 1,599,000 | ||||||||||||||||||||||||||||||||
impairment of equity method investment | |||||||||||||||||||||||||||||||||||
impairment of strategic investments | 6,750,000 | 803,000 | 0 | 0 | 0 | 46,154,000 | |||||||||||||||||||||||||||||
loss on net assets divested | 0 | ||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired and payments related to prior period acquisitions | 0 | ||||||||||||||||||||||||||||||||||
divestitures, net of cash divested | 0 | ||||||||||||||||||||||||||||||||||
purchases of long-lived and intangible assets | -1,446,000 | -2,235,000 | -1,004,000 | -1,163,000 | -3,430,000 | -792,000 | -1,085,000 | -1,671,000 | -2,291,000 | -765,000 | -1,503,000 | -6,751,000 | -5,787,000 | -17,855,000 | -3,799,000 | -6,980,000 | -12,473,000 | -21,435,000 | -7,154,000 | -4,986,000 | -6,553,000 | ||||||||||||||
proceeds from exercises of stock options and shares of class a common stock issued under espp | 15,083,000 | 373,000 | 14,717,000 | 969,000 | 14,891,000 | 871,000 | 15,813,000 | 2,056,000 | |||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | 0 | 0 | 69,000 | 39,000 | -86,000 | -167,000 | 286,000 | 27,000 | -34,000 | -14,000 | -99,000 | -44,000 | -713,000 | 670,000 | 148,000 | ||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets | |||||||||||||||||||||||||||||||||||
restricted cash in other current assets | 0 | 3,916,000 | -43,000 | 2,206,000 | 181,000 | 1,970,000 | -1,197,000 | ||||||||||||||||||||||||||||
proceeds from sales and maturities of marketable securities | 225,943,000 | 610,603,000 | 207,431,000 | 328,219,000 | 432,297,000 | 954,785,000 | 638,185,000 | 435,576,000 | 714,831,000 | 694,815,000 | 355,195,000 | 373,479,000 | 311,424,000 | 311,821,000 | 442,753,000 | 280,335,000 | 579,978,000 | 397,642,000 | 356,824,000 | 291,094,000 | 270,611,000 | 304,762,000 | 316,992,000 | 221,911,000 | 188,607,000 | ||||||||||
net loss | -12,470,000 | -9,726,000 | -31,858,000 | -55,349,000 | -365,408,000 | -141,707,000 | -166,187,000 | -342,139,000 | -229,422,000 | -482,327,000 | -322,769,000 | -221,627,000 | -291,396,000 | -224,109,000 | -227,853,000 | -206,542,000 | -179,351,000 | -116,914,000 | -99,923,000 | -94,791,000 | -90,247,000 | -87,734,000 | -92,579,000 | -36,503,000 | |||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||
payments of costs related to public offerings | 0 | 0 | 0 | -35,000 | -70,000 | -34,000 | -360,000 | ||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||
unrealized loss on equity securities | |||||||||||||||||||||||||||||||||||
principal payments on debt and finance leases | -3,148,000 | -2,228,000 | -4,832,000 | -2,371,000 | -3,959,000 | -2,451,000 | -7,353,000 | -4,040,000 | -3,195,000 | 332,000 | -6,520,000 | -3,443,000 | 1,806,000 | -3,907,000 | -2,751,000 | -4,096,000 | |||||||||||||||||||
net increase in cash, cash equivalents and restricted cash, including cash classified as held for sale | |||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash classified as held for sale | |||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | -21,000 | 21,384,000 | 7,602,000 | |||||||||||||||||||||||||||||||
proceeds from public offerings, net of underwriters' discounts | |||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes due 2029 and 2031, net of issuance costs | |||||||||||||||||||||||||||||||||||
proceeds from settlements of capped call, net of settlement costs | |||||||||||||||||||||||||||||||||||
non-cash financing activities: | |||||||||||||||||||||||||||||||||||
value of common stock issued and equity awards assumed in acquisition | 2,850,518,000 | ||||||||||||||||||||||||||||||||||
value of common stock issued to settle convertible senior notes due 2023 | |||||||||||||||||||||||||||||||||||
impairment of long-lived assets due to office closures | 3,162,000 | 9,332,000 | 21,784,000 | ||||||||||||||||||||||||||||||||
allowance for doubtful accounts | 19,590,000 | ||||||||||||||||||||||||||||||||||
loss on net assets divested and held for sale | |||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired and other related payments | -4,557,000 | -1,156,000 | -4,015,000 | -27,682,000 | -642,000 | -396,702,000 | -27,252,000 | -66,926,000 | |||||||||||||||||||||||||||
impairment of long-lived assets due to 2022 office closures | |||||||||||||||||||||||||||||||||||
allowance for credit losses | 13,226,000 | 2,558,000 | 3,704,000 | 5,682,000 | 1,985,000 | 4,822,000 | 1,302,000 | 2,945,000 | 4,170,000 | ||||||||||||||||||||||||||
value of shares of class a common stock donated to charity | 1,025,000 | 1,911,000 | 2,373,000 | 4,232,000 | |||||||||||||||||||||||||||||||
accrued expenses and restructuring costs | -46,978,000 | ||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||
amortization of debt discount and issuance costs | 375,000 | 338,000 | 370,000 | 376,000 | 1,708,000 | 3,373,000 | 5,327,000 | 6,076,000 | 6,178,000 | 6,178,000 | 6,007,000 | 6,007,000 | 5,841,000 | 5,841,000 | |||||||||||||||||||||
proceeds from issuance of senior notes due 2029 and 2031 | |||||||||||||||||||||||||||||||||||
payment of debt issuance costs | |||||||||||||||||||||||||||||||||||
proceeds from public offerings, net of underwriters' discount and issuance costs | |||||||||||||||||||||||||||||||||||
purchases of property and equipment through finance leases | 10,281,000 | 5,266,000 | 5,061,000 | 9,681,000 | 2,707,000 | -10,475,000 | 0 | 13,616,000 | |||||||||||||||||||||||||||
impairment of operating right-of-use assets | |||||||||||||||||||||||||||||||||||
tax benefit related to release of valuation allowance | -1,667,000 | -15,743,000 | -359,000 | -195,000 | -162,000 | 254,000 | -2,497,000 | -1,858,000 | -51,644,000 | ||||||||||||||||||||||||||
cash, cash equivalents and restricted cash—beginning of year | |||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash —end of year | |||||||||||||||||||||||||||||||||||
value of donated common stock | 8,389,000 | 6,789,000 | 9,405,000 | 6,563,000 | 5,757,000 | 3,972,000 | 2,701,000 | ||||||||||||||||||||||||||||
proceeds from a public equity offering | 0 | 0 | 1,766,400,000 | ||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes | 0 | 0 | 987,500,000 | ||||||||||||||||||||||||||||||||
payments of debt issuance costs | -1,389,000 | -1,232,000 | -130,000 | ||||||||||||||||||||||||||||||||
proceeds from settlement of capped call, net of settlement costs | 0 | ||||||||||||||||||||||||||||||||||
proceeds from exercises of stock options and shares issued in espp | 15,993,000 | ||||||||||||||||||||||||||||||||||
purchases of property, equipment and intangible assets, accrued but not paid | 3,494,000 | -3,284,000 | -965,000 | 5,510,000 | -353,000 | 10,000 | 1,821,000 | 213,000 | 99,000 | 473,000 | -252,000 | -808,000 | 1,184,000 | ||||||||||||||||||||||
value of common stock issued and stock awards assumed in acquisition | |||||||||||||||||||||||||||||||||||
value of common stock issued to settle convertible senior notes | 422,716,000 | 720,800,000 | |||||||||||||||||||||||||||||||||
stock-based compensation capitalized in software development costs | 4,650,000 | 3,186,000 | 3,696,000 | 3,597,000 | 3,418,000 | 2,066,000 | 2,467,000 | 1,621,000 | 1,623,000 | 1,525,000 | 1,481,000 | 1,428,000 | 1,155,000 | 848,000 | 709,000 | ||||||||||||||||||||
costs related to public debt and equity offerings, accrued but not paid | 2,681,000 | ||||||||||||||||||||||||||||||||||
costs related to proposed investment in syniverse, accrued but not paid | 3,262,000 | ||||||||||||||||||||||||||||||||||
proceeds from a public offering, net of underwriting discount and issuance costs | -204,000 | ||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes | 0 | ||||||||||||||||||||||||||||||||||
purchase of capped call | |||||||||||||||||||||||||||||||||||
finance lease right-of-use assets assumed in a business combination | 0 | ||||||||||||||||||||||||||||||||||
acquisition holdback | 3,750,000 | 0 | |||||||||||||||||||||||||||||||||
long-term liabilities | 772,000 | -1,226,000 | 3,194,000 | -787,000 | -343,000 | -113,000 | -2,258,000 | 10,000 | |||||||||||||||||||||||||||
acquisitions, net of cash acquired, and other related payments | -61,000 | -348,000 | -2,377,000 | ||||||||||||||||||||||||||||||||
proceeds from exercises of stock options and shares issued under espp | 9,221,000 | ||||||||||||||||||||||||||||||||||
operating lease liability | |||||||||||||||||||||||||||||||||||
proceeds from a public offering, net of underwriting discount | 0 | 0 | |||||||||||||||||||||||||||||||||
principal payments on finance leases and notes payable | -1,875,000 | -1,954,000 | |||||||||||||||||||||||||||||||||
operating right of use liability | -7,008,000 | -5,741,000 | -6,030,000 | -7,583,000 | -1,784,000 | ||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | -24,208,000 | 0 | -9,826,000 | 156,783,000 | |||||||||||||||||||||||||||||||
principal payments on notes payable | 0 | -4,403,000 | -503,000 | -494,000 | |||||||||||||||||||||||||||||||
repurchases of common stock | |||||||||||||||||||||||||||||||||||
right-of-use asset amortization | 6,025,000 | 5,853,000 | 4,854,000 | ||||||||||||||||||||||||||||||||
payments of costs related to the public offering | -503,000 | ||||||||||||||||||||||||||||||||||
proceeds from exercises of stock options and issuances under espp | |||||||||||||||||||||||||||||||||||
acquisition - value of common stock issued, stock awards assumed and measurement period adjustments | -1,940,000 | ||||||||||||||||||||||||||||||||||
write-off of long lived assets | |||||||||||||||||||||||||||||||||||
other tax benefit realized in the period | |||||||||||||||||||||||||||||||||||
principal payments on financing leases | -1,502,000 | -961,000 | |||||||||||||||||||||||||||||||||
proceeds from shares issued under espp | 0 | ||||||||||||||||||||||||||||||||||
cash paid on finance leases | 189,000 | 148,000 | |||||||||||||||||||||||||||||||||
debt offering costs, accrued but not paid | -364,000 | ||||||||||||||||||||||||||||||||||
costs related to public offerings, accrued but not paid | |||||||||||||||||||||||||||||||||||
write-off of internally developed software and intangible assets | 245,000 | ||||||||||||||||||||||||||||||||||
purchases of marketable securities | -419,498,000 | ||||||||||||||||||||||||||||||||||
proceeds from sale of marketable securities | 13,708,000 | ||||||||||||||||||||||||||||||||||
maturities of marketable securities | 126,810,000 | 54,977,000 | 30,920,000 | 27,600,000 | 64,325,000 | ||||||||||||||||||||||||||||||
purchases of property and equipment | -2,653,000 | ||||||||||||||||||||||||||||||||||
purchases of intangible assets | |||||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 446,000 | ||||||||||||||||||||||||||||||||||
accretion of debt discount on convertible senior notes | 5,233,000 | ||||||||||||||||||||||||||||||||||
gain on lease termination | |||||||||||||||||||||||||||||||||||
customer deposits | 640,000 | 401,000 | 7,441,000 | ||||||||||||||||||||||||||||||||
deferred revenue | 1,011,000 | 1,468,000 | 885,000 | ||||||||||||||||||||||||||||||||
benefit from doubtful accounts | 1,140,000 | 375,000 | 125,000 | 210,000 | 72,000 | ||||||||||||||||||||||||||||||
write-off of internal-use software | 333,000 | 182,000 | |||||||||||||||||||||||||||||||||
acquisition, net of cash acquired | |||||||||||||||||||||||||||||||||||
amortization of bond premium | 28,000 | 46,000 | 44,000 | 63,000 | |||||||||||||||||||||||||||||||
write-off of internally developed software | 0 | 70,000 | 26,000 | ||||||||||||||||||||||||||||||||
increase in restricted cash | 0 | ||||||||||||||||||||||||||||||||||
proceeds from initial public offering, net of underwriting discounts | |||||||||||||||||||||||||||||||||||
proceeds from shares issued in espp | 0 | ||||||||||||||||||||||||||||||||||
tax benefit related to stock-based compensation | |||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 46,000 | 31,000 | 11,000 | ||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of period | 0 | 0 | 305,665,000 | ||||||||||||||||||||||||||||||||
cash and cash equivalents—end of period | -278,000 | -26,256,000 | 118,440,000 | ||||||||||||||||||||||||||||||||
vesting of early exercised options | 68,000 | 92,000 | 155,000 | ||||||||||||||||||||||||||||||||
costs related to the public offerings, accrued but not paid | 192,000 | ||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | |||||||||||||||||||||||||||||||||||
tax benefit related to acquisition | |||||||||||||||||||||||||||||||||||
payments of costs related to initial public offering | |||||||||||||||||||||||||||||||||||
net proceeds from issuance of convertible preferred stock | |||||||||||||||||||||||||||||||||||
repurchases of stock | |||||||||||||||||||||||||||||||||||
net cash provided by financing activities | |||||||||||||||||||||||||||||||||||
series e convertible preferred stock issuance costs accrued but not paid | |||||||||||||||||||||||||||||||||||
series t convertible preferred stock issued as part of purchase price in the authy acquisition | |||||||||||||||||||||||||||||||||||
costs related to the initial public offering, accrued but not paid |