10-K Filing

HUBSPOT INC CIK: 1404655 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0000950170-22-001221`
Period End Date	20211231
Filing Date	20220214
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	hubs-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 51 Cash Flow Statement 132 Stockholders Equity 31 Comprehensive Income 15

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.77M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.99M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.58M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.32M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$377.01M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$378.12M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$820.96M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	48.30M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$873.07M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.12M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	47.39M	shares	Point-in-time
Accounts receivable - net of allowance for doubtful accounts of $1,768 and $1,993 at December 31, 2021 and 2020, respectively	`AccountsReceivableNetCurrent`	$126.43M	USD	Point-in-time
Accounts receivable - net of allowance for doubtful accounts of $1,768 and $1,993 at December 31, 2021 and 2020, respectively	`AccountsReceivableNetCurrent`	$157.36M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.12M	shares	Point-in-time
Deferred commission expense	`DeferredCostsCurrent`	$44.58M	USD	Point-in-time
Deferred commission expense	`DeferredCostsCurrent`	$59.85M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$38.39M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$34.72M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.46B	USD	Point-in-time
Long-term investments	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$30.70M	USD	Point-in-time
Long-term investments	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$174.90M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$96.13M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$101.12M	USD	Point-in-time
Capitalized software development costs, net	`CapitalizedComputerSoftwareNet`	$24.94M	USD	Point-in-time
Capitalized software development costs, net	`CapitalizedComputerSoftwareNet`	$39.86M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$275.89M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$280.83M	USD	Point-in-time
Deferred commission expense, net of current portion	`DeferredCosts`	$28.30M	USD	Point-in-time
Deferred commission expense, net of current portion	`DeferredCosts`	$42.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$29.24M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.89M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$10.28M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$10.56M	USD	Point-in-time
Goodwill	`Goodwill`	$47.08M	USD	Point-in-time
Goodwill	`Goodwill`	$31.32M	USD	Point-in-time
Goodwill	`Goodwill`	$30.25M	USD	Point-in-time
Total assets	`Assets`	$2.17B	USD	Point-in-time
Total assets	`Assets`	$1.97B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.54M	USD	Point-in-time
Accrued compensation costs	`EmployeeRelatedLiabilitiesCurrent`	$63.84M	USD	Point-in-time
Accrued compensation costs	`EmployeeRelatedLiabilitiesCurrent`	$44.05M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$37.18M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$74.46M	USD	Point-in-time
Convertible senior notes	`ConvertibleNotesPayableCurrent`	$19.63M	USD	Point-in-time
Convertible senior notes	`ConvertibleNotesPayableCurrent`	$7.84M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$26.36M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$30.02M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$430.41M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$312.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$617.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$445.50M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$283.87M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$279.66M	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$4.47M	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$3.64M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$12.13M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.81M	USD	Point-in-time
Convertible senior notes, net of current portion	`ConvertibleLongTermNotesPayable`	$383.10M	USD	Point-in-time
Convertible senior notes, net of current portion	`ConvertibleLongTermNotesPayable`	$471.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.30B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.21B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value - 500,000 shares authorized; 48,000 and 46,115 shares issued; 47,390 and 46,115 shares outstanding at December 31, 2021 and 2020, respectively	`CommonStockValue`	$46.00K	USD	Point-in-time
Common stock, $0.001 par value - 500,000 shares authorized; 48,000 and 46,115 shares issued; 47,390 and 46,115 shares outstanding at December 31, 2021 and 2020, respectively	`CommonStockValue`	$47.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.44B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.24B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.34M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-483.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-561.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$873.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$649.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$762.65M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$244.64M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.97B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.17B	USD	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$674.86M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.30B	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$883.03M	USD	Annual
Total cost of revenue	`CostOfGoodsAndServicesSold`	$258.86M	USD	Annual
Total cost of revenue	`CostOfGoodsAndServicesSold`	$166.96M	USD	Annual
Total cost of revenue	`CostOfGoodsAndServicesSold`	$129.96M	USD	Annual
Gross profit	`GrossProfit`	$716.07M	USD	Annual
Gross profit	`GrossProfit`	$544.90M	USD	Annual
Gross profit	`GrossProfit`	$1.04B	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$158.24M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$205.59M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$301.97M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$340.69M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$452.08M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$649.68M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$92.97M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$144.95M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$109.22M	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.10B	USD	Annual
Total operating expenses	`OperatingExpenses`	$766.89M	USD	Annual
Total operating expenses	`OperatingExpenses`	$591.89M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-46.99M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-54.80M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-50.83M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$19.43M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$7.77M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$1.17M	USD	Annual
Interest expense	`InterestExpense`	$30.28M	USD	Annual
Interest expense	`InterestExpense`	$37.05M	USD	Annual
Interest expense	`InterestExpense`	$22.82M	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-711.00K	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-393.00K	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$10.09M	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-29.99M	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-3.78M	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-19.02M	USD	Annual
Loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-80.81M	USD	Annual
Loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-50.77M	USD	Annual
Loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-73.82M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$2.97M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$4.22M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$4.02M	USD	Annual
Net loss	`NetIncomeLoss`	$-53.75M	USD	Annual
Net loss	`NetIncomeLoss`	$-85.03M	USD	Annual
Net loss	`NetIncomeLoss`	$-77.84M	USD	Annual
Net loss per common share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.66	USD	Annual
Net loss per common share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.28	USD	Annual
Net loss per common share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.90	USD	Annual
Weighted average common shares used in computing basic and diluted net loss per common share:	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.02M	shares	Annual
Weighted average common shares used in computing basic and diluted net loss per common share:	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	46.89M	shares	Annual
Weighted average common shares used in computing basic and diluted net loss per common share:	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	44.76M	shares	Annual

Cash Flow Statement 132 line items

Line Item	Tag	Value	Unit	Period
Convertible notes, issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.90M	USD	Annual
Offering costs paid	`PaymentsOfStockIssuanceCosts`	$365.00K	USD	Annual
Net loss	`ProfitLoss`	$-53.75M	USD	Annual
Net loss	`ProfitLoss`	$-85.03M	USD	Annual
Net loss	`ProfitLoss`	$-77.84M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.79M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$37.06M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.16M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$166.76M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$121.49M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$97.75M	USD	Annual
Loss on early extinguishment of 2022 Convertible Notes	`GainsLossesOnExtinguishmentOfDebt`	$-4.89M	USD	Annual
Loss on early extinguishment of 2022 Convertible Notes	`GainsLossesOnExtinguishmentOfDebt`	$-10.51M	USD	Annual
Repayment of 2022 Convertible Notes attributable to the debt discount	`RepaymentOfConvertibleSeniorNotesAttributableToDebtDiscount`	$49.05M	USD	Annual
Repayment of 2022 Convertible Notes attributable to the debt discount	`RepaymentOfConvertibleSeniorNotesAttributableToDebtDiscount`	$26.43M	USD	Annual
Gain on termination of operating leases	`GainLossOnTerminationOfLease`	$4.28M	USD	Annual
Loss on disposal of fixed assets	`GainsLossesOnSalesOfAssets`	$-6.47M	USD	Annual
Gain on strategic investments	`GainOnSaleOfInvestments`	$11.74M	USD	Annual
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-799.00K	USD	Annual
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.87M	USD	Annual
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.19M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$23.51M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$21.79M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$24.89M	USD	Annual
Amortization (accretion) of bond discount	`AccretionAmortizationOfDebtDiscountPremium`	$3.66M	USD	Annual
Amortization (accretion) of bond discount	`AccretionAmortizationOfDebtDiscountPremium`	$14.16M	USD	Annual
Amortization (accretion) of bond discount	`AccretionAmortizationOfDebtDiscountPremium`	$-4.28M	USD	Annual
Unrealized currency translation	`ForeignCurrencyTransactionGainLossUnrealized`	$156.00K	USD	Annual
Unrealized currency translation	`ForeignCurrencyTransactionGainLossUnrealized`	$952.00K	USD	Annual
Unrealized currency translation	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.30M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$29.97M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$34.11M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.43M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.08M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.30M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.03M	USD	Annual
Deferred commission expense	`IncreaseDecreaseInDeferredCompensation`	$-19.29M	USD	Annual
Deferred commission expense	`IncreaseDecreaseInDeferredCompensation`	$-9.67M	USD	Annual
Deferred commission expense	`IncreaseDecreaseInDeferredCompensation`	$-32.56M	USD	Annual
Right-of-use assets	`IncreaseDecreaseInRightOfUseAssets`	$22.66M	USD	Annual
Right-of-use assets	`IncreaseDecreaseInRightOfUseAssets`	$31.41M	USD	Annual
Right-of-use assets	`IncreaseDecreaseInRightOfUseAssets`	$31.42M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.70M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.61M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.93M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$7.82M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$26.02M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$58.21M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$29.48M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$15.78M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$31.62M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$72.62M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$127.72M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$49.27M	USD	Annual
Net cash and cash equivalents provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$238.73M	USD	Annual
Net cash and cash equivalents provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$88.91M	USD	Annual
Net cash and cash equivalents provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$118.97M	USD	Annual
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.48B	USD	Annual
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.30B	USD	Annual
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.52B	USD	Annual
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.39B	USD	Annual
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.07B	USD	Annual
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.35B	USD	Annual
Sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$10.93M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.37M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.27M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.73M	USD	Annual
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$33.14M	USD	Annual
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$21.60M	USD	Annual
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$13.47M	USD	Annual
Acquisition of a business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$23.31M	USD	Annual
Acquisition of a business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$16.81M	USD	Annual
Proceeds from sale of strategic investments	`ProceedsFromSaleOfStrategicInvestments`	$12.62M	USD	Annual
Equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$3.10M	USD	Annual
Purchase of strategic investments	`PaymentForPurchaseOfStrategicInvestments`	$13.09M	USD	Annual
Purchase of strategic investments	`PaymentForPurchaseOfStrategicInvestments`	$2.50M	USD	Annual
Purchase of strategic investments	`PaymentForPurchaseOfStrategicInvestments`	$553.00K	USD	Annual
Net cash and cash equivalents used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-316.19M	USD	Annual
Net cash and cash equivalents used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-215.57M	USD	Annual
Net cash and cash equivalents used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-179.51M	USD	Annual
Proceeds from issuance of 2025 Convertible Notes, net of issuance costs paid of $9.9 million	`ProceedsFromIssuanceOfLongTermDebt`	$450.12M	USD	Annual
Proceeds from settlement of Convertible Note Hedges related to the 2022 Convertible Notes	`ProceedsFromSettlementOfConvertibleNotes`	$363.55M	USD	Annual
Proceeds from settlement of Convertible Note Hedges related to the 2022 Convertible Notes	`ProceedsFromSettlementOfConvertibleNotes`	$8.98M	USD	Annual
Payments for settlement of Warrants related to the 2022 Convertible Notes	`PaymentsForRepurchaseOfWarrants`	$327.54M	USD	Annual
Repayment of 2022 Convertible Notes attributable to the principal	`RepaymentsOfLongTermDebt`	$89.53M	USD	Annual
Repayment of 2022 Convertible Notes attributable to the principal	`RepaymentsOfLongTermDebt`	$235.99M	USD	Annual
Payments for Capped Call Options related to the 2025 Convertible Notes	`PaymentsForCappedCallOptionsRelatedToConvertibleSeniorNotes`	$50.60M	USD	Annual
Proceeds from common stock offering, net of offering costs paid of $365	`ProceedsFromIssuanceOfCommonStock`	$342.63M	USD	Annual
Repayment of debt	`RepaymentsOfDebt`	$333.00K	USD	Annual
Employee taxes paid related to the net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$17.44M	USD	Annual
Employee taxes paid related to the net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.25M	USD	Annual
Employee taxes paid related to the net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.42M	USD	Annual
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$46.51M	USD	Annual
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$30.37M	USD	Annual
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$23.58M	USD	Annual
Repayment of finance lease obligations	`FinanceLeasePrincipalPayments`	$284.00K	USD	Annual
Repayment of finance lease obligations	`FinanceLeasePrincipalPayments`	$28.00K	USD	Annual
Net cash and cash equivalents (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$222.46M	USD	Annual
Net cash and cash equivalents (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$359.34M	USD	Annual
Net cash and cash equivalents (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-51.47M	USD	Annual
Effect on exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-720.00K	USD	Annual
Effect on exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-8.86M	USD	Annual
Effect on exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.83M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$102.64M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.11M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$161.40M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$380.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$117.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$278.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$381.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$380.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$117.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$278.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$381.15M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.84M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$1.51M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$1.01M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$6.97M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$2.31M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$3.09M	USD	Annual
Right-of-use assets obtained in exchange for operating lease facilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$105.50M	USD	Annual
Right-of-use assets obtained in exchange for operating lease facilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$92.13M	USD	Annual
Right-of-use assets obtained in exchange for operating lease facilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$65.34M	USD	Annual
Right-of-use asset reductions related to operating lease terminations	`RightOfUseAssetReductionsRelatedToOperatingLeaseTerminations`	$-46.59M	USD	Annual
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$4.61M	USD	Annual
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$1.04M	USD	Annual
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$470.00K	USD	Annual
Asset retirement obligations	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$71.00K	USD	Annual
Asset retirement obligations	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$2.01M	USD	Annual
Asset retirement obligations	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$773.00K	USD	Annual
Issuance of common stock for repayment of 2022 Convertible Notes	`IssuanceOfCommonStockForRepaymentOfConvertibleNotes`	$336.29M	USD	Annual
Issuance of common stock for repayment of 2022 Convertible Notes	`IssuanceOfCommonStockForRepaymentOfConvertibleNotes`	$493.17M	USD	Annual

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Offering costs incurred	`StockIssuanceCosts`	$365.00K	USD	Annual
Unrealized gain (loss) on investments, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$156.00K	USD	Annual
Unrealized gain (loss) on investments, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-44.00K	USD	Annual
Unrealized gain (loss) on investments, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-116.00K	USD	Annual
Beginning Balance, Amount	`StockholdersEquity`	$873.80M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$649.96M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$762.65M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$244.64M	USD	Point-in-time
Issuance of common stock under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$16.86M	USD	Annual
Issuance of common stock under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$27.49M	USD	Annual
Issuance of common stock under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$22.17M	USD	Annual
Purchase of Capped Call Options	`PaymentsForCappedCallsAndTransactionsCosts`	$-50.60M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$99.19M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$169.73M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$123.10M	USD	Annual
Settlement of Convertible Note Hedges	`ConvertibleDebtHedgesSettlement`	$8.98M	USD	Annual
Settlement of Convertible Note Hedges	`ConvertibleDebtHedgesSettlement`	$1.06M	USD	Annual
Issuance of common stock in relation to common stock offering, net of offering costs incurred $365	`StockIssuedDuringPeriodValueNewIssues`	$342.63M	USD	Annual
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$4.79M	USD	Annual
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-213.00K	USD	Annual
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.71M	USD	Annual
Unrealized gain on investments, net of income taxes of 156, ($116) and ($44)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$600.00K	USD	Annual
Unrealized gain on investments, net of income taxes of 156, ($116) and ($44)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$149.00K	USD	Annual
Unrealized gain on investments, net of income taxes of 156, ($116) and ($44)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.23M	USD	Annual
Net loss	`NetIncomeLoss`	$-53.75M	USD	Annual
Net loss	`NetIncomeLoss`	$-85.03M	USD	Annual
Net loss	`NetIncomeLoss`	$-77.84M	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$873.80M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$649.96M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$762.65M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$244.64M	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-53.75M	USD	Annual
Changes in unrealized gain (loss) on investments, income taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-116.00K	USD	Annual
Changes in unrealized gain (loss) on investments, income taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$156.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-85.03M	USD	Annual
Changes in unrealized gain (loss) on investments, income taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-44.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-77.84M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.79M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.71M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-213.00K	USD	Annual
Changes in unrealized (loss) gain on investments, net of income taxes of ($44) in 2021, ($116) in 2020, and $156 in 2019.	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$149.00K	USD	Annual
Changes in unrealized (loss) gain on investments, net of income taxes of ($44) in 2021, ($116) in 2020, and $156 in 2019.	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$600.00K	USD	Annual
Changes in unrealized (loss) gain on investments, net of income taxes of ($44) in 2021, ($116) in 2020, and $156 in 2019.	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.23M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-83.78M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-53.36M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-80.09M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.