2024 Q3 Form 10-Q Financial Statement
#000147733324000085 Filed on November 07, 2024
Income Statement
Concept | 2024 Q3 |
---|---|
Revenue | $430.1M |
YoY Change | 28.15% |
Cost Of Revenue | $95.97M |
YoY Change | 22.93% |
Gross Profit | $334.1M |
YoY Change | 29.74% |
Gross Profit Margin | 77.69% |
Selling, General & Admin | $254.0M |
YoY Change | 23.21% |
% of Gross Profit | 76.02% |
Research & Development | $110.9M |
YoY Change | 22.43% |
% of Gross Profit | 33.2% |
Depreciation & Amortization | $27.90M |
YoY Change | -3.79% |
% of Gross Profit | 8.35% |
Operating Expenses | $364.9M |
YoY Change | 22.97% |
Operating Profit | -$30.79M |
YoY Change | -21.47% |
Interest Expense | $21.04M |
YoY Change | 1748.68% |
% of Operating Profit | |
Other Income/Expense, Net | $17.97M |
YoY Change | 6.15% |
Pretax Income | -$12.82M |
YoY Change | -42.45% |
Income Tax | $2.500M |
% Of Pretax Income | |
Net Earnings | -$15.33M |
YoY Change | -34.86% |
Net Earnings / Revenue | -3.56% |
Basic Earnings Per Share | -$0.04 |
Diluted Earnings Per Share | -$0.04 |
COMMON SHARES | |
Basic Shares Outstanding | 342.4M shares |
Diluted Shares Outstanding | 342.4M shares |
Balance Sheet
Concept | 2024 Q3 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $1.824B |
YoY Change | 15.85% |
Cash & Equivalents | $182.9M |
Short-Term Investments | $1.641B |
Other Short-Term Assets | $73.65M |
YoY Change | 1.58% |
Inventory | |
Prepaid Expenses | |
Receivables | $252.9M |
Other Receivables | $0.00 |
Total Short-Term Assets | $2.164B |
YoY Change | 16.46% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $396.6M |
YoY Change | 28.0% |
Goodwill | $157.2M |
YoY Change | 6.22% |
Intangibles | |
YoY Change | |
Long-Term Investments | |
YoY Change | |
Other Assets | $19.95M |
YoY Change | 56.15% |
Total Long-Term Assets | $898.9M |
YoY Change | 22.81% |
TOTAL ASSETS | |
Total Short-Term Assets | $2.164B |
Total Long-Term Assets | $898.9M |
Total Assets | $3.063B |
YoY Change | 18.26% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $74.11M |
YoY Change | 82.58% |
Accrued Expenses | $177.7M |
YoY Change | 24.27% |
Deferred Revenue | $389.8M |
YoY Change | 32.54% |
Short-Term Debt | $0.00 |
YoY Change | |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | $641.6M |
YoY Change | 34.29% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $1.286B |
YoY Change | 0.31% |
Other Long-Term Liabilities | $18.35M |
YoY Change | 59.81% |
Total Long-Term Liabilities | $18.35M |
YoY Change | 59.81% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $641.6M |
Total Long-Term Liabilities | $18.35M |
Total Liabilities | $2.090B |
YoY Change | 10.53% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$1.090B |
YoY Change | 9.42% |
Common Stock | |
YoY Change | |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $973.1M |
YoY Change | |
Total Liabilities & Shareholders Equity | $3.063B |
YoY Change | 18.26% |
Cashflow Statement
Concept | 2024 Q3 |
---|---|
OPERATING ACTIVITIES | |
Net Income | -$15.33M |
YoY Change | -34.86% |
Depreciation, Depletion And Amortization | $27.90M |
YoY Change | -3.79% |
Cash From Operating Activities | $104.7M |
YoY Change | 53.78% |
INVESTING ACTIVITIES | |
Capital Expenditures | $59.45M |
YoY Change | 79.06% |
Acquisitions | |
YoY Change | |
Other Investing Activities | -$16.95M |
YoY Change | -74.7% |
Cash From Investing Activities | -$76.40M |
YoY Change | -23.83% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | -4.559M |
YoY Change | -86.82% |
NET CHANGE | |
Cash From Operating Activities | 104.7M |
Cash From Investing Activities | -76.40M |
Cash From Financing Activities | -4.559M |
Net Change In Cash | 23.77M |
YoY Change | -135.58% |
FREE CASH FLOW | |
Cash From Operating Activities | $104.7M |
Capital Expenditures | $59.45M |
Free Cash Flow | $45.28M |
YoY Change | 29.74% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Entity Filer Category
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Property Plant And Equipment Net
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Property Plant And Equipment Net
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Goodwill
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Goodwill
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Assets
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Assets
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Accounts Payable Current
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Accounts Payable Current
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Accrued Liabilities And Other Liabilities Current
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Accrued Liabilities And Other Liabilities Current
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Employee Related Liabilities Current
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Employee Related Liabilities Current
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Earnings Per Share Basic
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|
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Earnings Per Share Basic
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Stock Issued During Period Value Stock Options Exercised
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Stock Issued During Period Value Restricted Stock Award Gross
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us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
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Capitalized Contract Cost Additions
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Capitalized Contract Cost Additions
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|
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Capitalized Contract Cost Amortization
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Capitalized Contract Cost Amortization
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Capitalized Contract Cost Net Noncurrent
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Capitalized Contract Cost Impairment Loss
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|
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Capitalized Contract Cost Impairment Loss
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Q3 | ||
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Document Period End Date
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2024-09-30 | ||
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Document Transition Report
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Entity Registrant Name
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|
Cloudflare, Inc. | ||
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Entity Incorporation State Country Code
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Entity Tax Identification Number
EntityTaxIdentificationNumber
|
27-0805829 | ||
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Entity Address City Or Town
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Entity Address Postal Zip Code
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Revenue From Contract With Customer Excluding Assessed Tax
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Cost Of Revenue
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Cost Of Revenue
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Gross Profit
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Gross Profit
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Selling And Marketing Expense
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|
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Income Tax Expense Benefit
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Share Based Compensation
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Share Based Compensation
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Provision For Doubtful Accounts
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Other Operating Activities Cash Flow Statement
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|
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Other Operating Activities Cash Flow Statement
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|
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|
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Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
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Increase Decrease In Contract With Customer Asset
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|
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|
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Increase Decrease In Capitalized Contract Cost
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|
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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Increase Decrease In Other Noncurrent Assets
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|
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us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
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us-gaap |
Increase Decrease In Accounts Payable
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|
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us-gaap |
Increase Decrease In Accounts Payable
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|
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Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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|
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us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
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Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
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Increase Decrease In Operating Lease Liabilities
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Increase Decrease In Contract With Customer Liability
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Increase Decrease In Contract With Customer Liability
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Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
168965000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
111884000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
83580000 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
22076000 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
16637000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
1187287000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
1293014000 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
20248000 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
1173041000 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
1288364000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-29000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-65000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-163192000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-84554000 | usd | |
cloud |
Payments For Repurchases And Conversions Of Convertible Notes
PaymentsForRepurchasesAndConversionsOfConvertibleNotes
|
0 | usd | |
cloud |
Payments For Repurchases And Conversions Of Convertible Notes
PaymentsForRepurchasesAndConversionsOfConvertibleNotes
|
207649000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
91224000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
215204000 | usd |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
43133000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
22304000 | usd | |
cloud |
Supplemental Noncash Investing And Financing Items Maturity Of Marketable Securities In Other Current Assets
SupplementalNoncashInvestingAndFinancingItemsMaturityOfMarketableSecuritiesInOtherCurrentAssets
|
0 | usd | |
cloud |
Supplemental Noncash Investing And Financing Items Maturity Of Marketable Securities In Other Current Assets
SupplementalNoncashInvestingAndFinancingItemsMaturityOfMarketableSecuritiesInOtherCurrentAssets
|
26300000 | usd | |
us-gaap |
Fiscal Period
FiscalPeriod
|
The Company’s fiscal year ends on December 31. | ||
CY2024Q3 | cloud |
Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
|
27766000 | usd |
CY2023Q3 | cloud |
Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
|
23418000 | usd |
CY2024Q3 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
19716000 | usd |
CY2023Q3 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
15746000 | usd |
CY2024Q2 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
144330000 | usd |
CY2023Q2 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
107482000 | usd |
CY2024Q3 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
152380000 | usd |
CY2023Q3 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
115154000 | usd |
us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | usd | |
us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | usd | |
CY2024Q3 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
1107200000 | usd |
CY2024Q3 | cloud |
Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After One Year Amortized Cost
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterOneYearAmortizedCost
|
525900000 | usd |
CY2024Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
7900000 | usd |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
7700000 | usd |
CY2024Q3 | cloud |
Provision For Doubtful Accounts Excluding Pay As You Go Customers
ProvisionForDoubtfulAccountsExcludingPayAsYouGoCustomers
|
2600000 | usd |
CY2023Q3 | cloud |
Provision For Doubtful Accounts Excluding Pay As You Go Customers
ProvisionForDoubtfulAccountsExcludingPayAsYouGoCustomers
|
3500000 | usd |
cloud |
Provision For Doubtful Accounts Excluding Pay As You Go Customers
ProvisionForDoubtfulAccountsExcludingPayAsYouGoCustomers
|
6700000 | usd | |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
2600000 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
4400000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
690979000 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
294427000 | usd |
CY2024Q3 | us-gaap |
Depreciation
Depreciation
|
27900000 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
29000000.0 | usd |
us-gaap |
Depreciation
Depreciation
|
78300000 | usd | |
CY2024Q3 | us-gaap |
Goodwill
Goodwill
|
157200000 | usd |
CY2024Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2400000 | usd |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
4900000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
9700000 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
10974000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
35624000 | usd | |
CY2024Q3 | us-gaap |
Lease Cost
LeaseCost
|
12500000 | usd |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
10974000 | usd |
dei |
Entity File Number
EntityFileNumber
|
001-39039 | ||
CY2023Q3 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
17954000 | usd |
CY2024Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2023Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2024Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-3066000 | usd |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
12591000 | usd | |
cloud |
Payment Of Indemnity Holdback
PaymentOfIndemnityHoldback
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4753000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-201975000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
94682000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-117564000 | usd | |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
185906000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
97640000 | usd |
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
CA | ||
dei |
Local Phone Number
LocalPhoneNumber
|
993-5273 | ||
CY2024Q3 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
1000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
2522000 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
72647000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
47502000 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1983077000 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
389795000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
347608000 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
567084000 | usd |
CY2024Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
1286332000 | usd |
CY2023Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
1283362000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
121374000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
113490000 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
21990000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
17244000 | usd |
CY2024Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
18345000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
15540000 | usd |
CY2024Q3 | us-gaap |
Liabilities
Liabilities
|
2089656000 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
1996720000 | usd |
CY2024Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2024Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
2046593000 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1784566000 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1089792000 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1023840000 | usd |
CY2024Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
15947000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1984000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
973090000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
763047000 | usd |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3062746000 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2759767000 | usd |
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
430082000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
335603000 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
641615000 | usd |
CY2024Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
95967000 | usd |
CY2023Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
78069000 | usd |
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
334115000 | usd |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
257534000 | usd |
CY2024Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
185221000 | usd |
CY2023Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
150214000 | usd |
CY2024Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
110911000 | usd |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
68777000 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
55939000 | usd |
CY2024Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
364909000 | usd |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
296746000 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
853206000 | usd | |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-30794000 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-39212000 | usd |
CY2024Q3 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
22471000 | usd |
CY2024Q3 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
1433000 | usd |
CY2023Q3 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
1138000 | usd |
us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
3751000 | usd | |
us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
4803000 | usd | |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
115000 | usd |
CY2024Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
17972000 | usd |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
16931000 | usd |
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-12822000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-22281000 | usd |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2509000 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1254000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15331000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-23535000 | usd |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15331000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-23535000 | usd |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
9656000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
2161000 | usd |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
8821000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
0 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
9731000 | usd | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
0 | usd | |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
1211000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
0 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
1625000 | usd | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
0 | usd | |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
7610000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
0 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
8106000 | usd | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
0 | usd | |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
17266000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
13963000 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1935000 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-21374000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-51989000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-148336000 | usd | |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
881545000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1417000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
934272000 | usd | |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
2000000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
6000000.0 | usd |
cloud |
Provision For Doubtful Accounts Excluding Pay As You Go Customers
ProvisionForDoubtfulAccountsExcludingPayAsYouGoCustomers
|
9500000 | usd | |
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
5000000.0 | usd | |
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
8100000 | usd | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
541293000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
218480000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
396552000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
322813000 | usd |
us-gaap |
Depreciation
Depreciation
|
83200000 | usd | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
148000000.0 | usd |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd | |
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment | |
CY2024Q3 | us-gaap |
Assets Current
AssetsCurrent
|
2163878000 | usd |
CY2023Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
90593000 | usd |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
342356000 | shares |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
342356000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
334666000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
334666000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
332600000 | shares | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2161000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
7748000 | usd | |
CY2024Q3 | cloud |
Apic Share Based Payment Arrangement Increase For Stock Options Early Exercised
APICShareBasedPaymentArrangementIncreaseForStockOptionsEarlyExercised
|
35000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | usd |
CY2024Q3 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
3828000 | usd |
CY2024Q3 | cloud |
Stock Issued During Period Value Conversion Of Shares
StockIssuedDuringPeriodValueConversionOfShares
|
0 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
91986000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15331000 | usd |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
17266000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
973090000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
641834000 | usd |
CY2023Q3 | cloud |
Apic Share Based Payment Arrangement Increase For Stock Options Early Exercised
APICShareBasedPaymentArrangementIncreaseForStockOptionsEarlyExercised
|
559000 | usd |
CY2023Q3 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
2260000 | usd |
CY2023Q3 | cloud |
Stock Issued During Period Value Conversion Of Shares
StockIssuedDuringPeriodValueConversionOfShares
|
0 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
46000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
76127000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-23535000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2161000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
699257000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
763047000 | usd |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
9031000 | usd | |
cloud |
Apic Share Based Payment Arrangement Increase For Stock Options Early Exercised
APICShareBasedPaymentArrangementIncreaseForStockOptionsEarlyExercised
|
98000 | usd | |
cloud |
Stock Issued During Period Value Conversion Of Shares
StockIssuedDuringPeriodValueConversionOfShares
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
10455000 | usd | |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-1689000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
253350000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-65952000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
13963000 | usd | |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
973090000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
623964000 | usd |
cloud |
Apic Share Based Payment Arrangement Increase For Stock Options Early Exercised
APICShareBasedPaymentArrangementIncreaseForStockOptionsEarlyExercised
|
1730000 | usd | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
205662000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2970000 | usd | |
cloud |
Increase Decrease In Capitalized Contract Cost
IncreaseDecreaseInCapitalizedContractCost
|
66766000 | usd | |
cloud |
Payments To Acquire Business And Assets Net Of Cash Acquired
PaymentsToAcquireBusinessAndAssetsNetOfCashAcquired
|
15015000 | usd | |
cloud |
Payments To Acquire Business And Assets Net Of Cash Acquired
PaymentsToAcquireBusinessAndAssetsNetOfCashAcquired
|
0 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
2148000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
9031000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
11384000 | usd | |
cloud |
Proceeds From Stock Options Exercised Early
ProceedsFromStockOptionsExercisedEarly
|
6000 | usd | |
cloud |
Proceeds From Stock Options Exercised Early
ProceedsFromStockOptionsExercisedEarly
|
0 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
34000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10455000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10450000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
12591000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5643000 | usd | |
cloud |
Payment Of Indemnity Holdback
PaymentOfIndemnityHoldback
|
10483000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
70000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
666000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
4024000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
4005000 | usd | |
cloud |
Cash Paid For Operating Lease Liabilities
CashPaidForOperatingLeaseLiabilities
|
36623000 | usd | |
cloud |
Cash Paid For Operating Lease Liabilities
CashPaidForOperatingLeaseLiabilities
|
30296000 | usd | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
8507000 | usd | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
5642000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
36394000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
18809000 | usd | |
cloud |
Share Based Payment Arrangement Vesting Of Early Exercised Stock Options
ShareBasedPaymentArrangementVestingOfEarlyExercisedStockOptions
|
98000 | usd | |
cloud |
Share Based Payment Arrangement Vesting Of Early Exercised Stock Options
ShareBasedPaymentArrangementVestingOfEarlyExercisedStockOptions
|
1730000 | usd | |
cloud |
Business Combination And Asset Acquisition Indemnity Holdback Consideration
BusinessCombinationAndAssetAcquisitionIndemnityHoldbackConsideration
|
2023000 | usd | |
cloud |
Business Combination And Asset Acquisition Indemnity Holdback Consideration
BusinessCombinationAndAssetAcquisitionIndemnityHoldbackConsideration
|
0 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:6pt;margin-top:18pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the condensed consolidated financial statements and accompanying notes to the condensed consolidated financial statements. Such estimates include, but are not limited to, allowance for doubtful accounts, deferred contract acquisitions costs, the period of benefit generated from the Company’s deferred contract acquisition costs, the capitalization and estimated useful life of internal-use software, valuation of acquired intangible assets, the assessment of recoverability of intangible assets and their estimated useful lives, useful lives of property and equipment, the determination of the incremental borrowing rate used for operating lease liabilities, the valuation and recognition of stock-based compensation awards, uncertain tax positions, and the recognition and measurement of current and deferred income tax assets and liabilities. Management bases these estimates and assumptions on historical </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">experience and on various other assumptions that are believed to be reasonable. Due in part to the conflicts in the Middle East and Ukraine, the potential worsening and expansion of such conflicts, and other macroeconomic and geopolitical conditions, there is ongoing uncertainty and significant disruption in the global economy and financial markets. The Company is not aware of any specific event or circumstance that would require an update to its estimates or assumptions or a revision of the carrying value of its assets or liabilities as of November 7, 2024, the date of issuance of this Quarterly Report on Form 10-Q. These estimates and assumptions may change in the future, however, as new events occur and additional information is obtained. Actual results could differ materially from these estimates.</span></div><div style="margin-bottom:6pt;margin-top:18pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Change in Accounting Estimate</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In January 2024, the Company completed an assessment of the useful lives of our servers-network infrastructure, resulting in a change in the estimated useful lives of our servers-network infrastructure from four years to five years. This change in accounting estimate was effective beginning fiscal year 2024. Based on the carrying value of assets in service as of December 31, 2023, the change resulted in a reduction of depreciation expense of $16.8 million for the nine months ended September 30, 2024, recorded primarily in cost of revenue.</span></div> | ||
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
430082000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
335603000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1209680000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
934272000 | usd | |
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
430082000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
335603000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1209680000 | usd | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
330500000 | usd | |
CY2024Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1503400000 | usd |
CY2024Q3 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.70 | |
CY2024Q3 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P12M | |
CY2024Q3 | cloud |
Cash And Cash Equivalents And Debt Securities Available For Sale Amortized Cost
CashAndCashEquivalentsAndDebtSecuritiesAvailableForSaleAmortizedCost
|
1818952000 | usd |
CY2024Q3 | cloud |
Cash And Cash Equivalents And Debt Securities Available For Sale Accumulated Gross Unrealized Gain Before Tax
CashAndCashEquivalentsAndDebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainBeforeTax
|
7999000 | usd |
CY2024Q3 | cloud |
Cash And Cash Equivalents And Debt Securities Available For Sale Accumulated Gross Unrealized Loss Before Tax
CashAndCashEquivalentsAndDebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedLossBeforeTax
|
82000 | usd |
CY2024Q3 | cloud |
Cash And Cash Equivalents And Debt Securities Available For Sale
CashAndCashEquivalentsAndDebtSecuritiesAvailableForSale
|
1826869000 | usd |
CY2023Q4 | cloud |
Cash And Cash Equivalents And Debt Securities Available For Sale Amortized Cost
CashAndCashEquivalentsAndDebtSecuritiesAvailableForSaleAmortizedCost
|
1676044000 | usd |
CY2023Q4 | cloud |
Cash And Cash Equivalents And Debt Securities Available For Sale Accumulated Gross Unrealized Gain Before Tax
CashAndCashEquivalentsAndDebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainBeforeTax
|
3078000 | usd |
CY2023Q4 | cloud |
Cash And Cash Equivalents And Debt Securities Available For Sale Accumulated Gross Unrealized Loss Before Tax
CashAndCashEquivalentsAndDebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedLossBeforeTax
|
1018000 | usd |
CY2023Q4 | cloud |
Cash And Cash Equivalents And Debt Securities Available For Sale
CashAndCashEquivalentsAndDebtSecuritiesAvailableForSale
|
1678104000 | usd |
CY2024Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
3000000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
1185100000 | usd |
CY2023Q4 | cloud |
Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After One Year Amortized Cost
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterOneYearAmortizedCost
|
399700000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
28031000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
8784000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
19247000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
60483000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
40919000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
19564000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
14700000 | usd | |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
2416000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
9065000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
3053000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1450000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1450000 | usd |
CY2024Q3 | cloud |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
1813000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
19247000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P6Y9M18D | |
CY2024Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
12500000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
32899000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
35624000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
32899000 | usd | |
CY2024Q3 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
|
56700000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1
|
P4Y6M | |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y7M6D | |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.048 | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
16261000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
43730000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
39687000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
35124000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
21225000 | usd |
CY2024Q3 | cloud |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
26445000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
182472000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
18070000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
164402000 | usd |
CY2024Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
118750000 | shares |
CY2023Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
104014000 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4100000 | shares |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
88255000 | usd |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
73772000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
243969000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
199565000 | usd | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
27045000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
31016000 | shares | |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2500000 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1300000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5900000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4000000.0 | usd | |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2500000 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1300000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5900000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4000000.0 | usd | |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
396552000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
322813000 | usd |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |