10-Q Filing

RAPID7, INC. CIK: 1560327 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001560327-23-000076`
Period End Date	20230930
Filing Date	20231106
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	rp-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 80 Cash Flow Statement 95 Stockholders Equity 56 Comprehensive Income 28

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$789.00K	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$2.30M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$182.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.29M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$139.43M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$84.16M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $789 and $2,299 at September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNet`	$152.04M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $789 and $2,299 at September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNet`	$137.69M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$34.91M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$40.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	61.99M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$31.91M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$35.09M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	60.21M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$510.31M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.72M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	61.42M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$535.85M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$50.60M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$9.76M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$57.89M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$42.45M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$79.34M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$53.27M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$71.65M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$68.17M	USD	Point-in-time
Goodwill	`Goodwill`	$536.30M	USD	Point-in-time
Goodwill	`Goodwill`	$515.63M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$99.99M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$101.27M	USD	Point-in-time
Other assets	`OtherAssets`	$9.17M	USD	Point-in-time
Other assets	`OtherAssets`	$16.63M	USD	Point-in-time
Total assets	`Assets`	$1.36B	USD	Point-in-time
Total assets	`Assets`	$1.40B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.26M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$63.39M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$80.31M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$12.47M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$12.44M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$426.60M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$421.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.66M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$888.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$507.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$531.27M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$928.89M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$815.95M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$85.95M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$81.06M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$31.04M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$29.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.05M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.48B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.56B	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at September 30, 2023 and December 31, 2022; 0 shares issued at September 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at September 30, 2023 and December 31, 2022; 0 shares issued at September 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at September 30, 2023 and December 31, 2022; 61,991,937 and 60,206,277 shares issued at September 30, 2023 and December 31, 2022, respectively; 61,422,358 and 59,719,469 shares outstanding at September 30. 2023 and December 31, 2022, respectively	`CommonStockValue`	$597.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at September 30, 2023 and December 31, 2022; 61,991,937 and 60,206,277 shares issued at September 30, 2023 and December 31, 2022, respectively; 61,422,358 and 59,719,469 shares outstanding at September 30. 2023 and December 31, 2022, respectively	`CommonStockValue`	$614.00K	USD	Point-in-time
Treasury stock, at cost, 569,579 and 486,808 shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 569,579 and 486,808 shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$4.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$873.38M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$746.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-822.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-860.75M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.03B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-161.65M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-148.16M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-142.28M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-120.07M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-111.02M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.40B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.36B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$572.44M	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$175.76M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$198.84M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$500.60M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$171.99M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$53.85M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$159.41M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$57.83M	USD	1 Quarter
Total gross profit	`GrossProfit`	$400.45M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$121.92M	USD	1 Quarter
Total gross profit	`GrossProfit`	$341.19M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$141.01M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$48.62M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$147.34M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$137.05M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$39.94M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$75.97M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$75.70M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$229.15M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$239.32M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$62.97M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$20.56M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.87M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$64.96M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$30.78M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$3.55M	USD	1 Quarter
Restructuring	`RestructuringCharges`	$20.00M	USD	3 Qtrs
Restructuring	`RestructuringCharges`	-	USD	1 Quarter
Restructuring	`RestructuringCharges`	-	USD	3 Qtrs
Restructuring	`RestructuringCharges`	$20.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$439.46M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$492.11M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$157.05M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$145.15M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-23.24M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-98.27M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-16.04M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-91.67M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.54M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$853.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$498.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$56.52M	USD	1 Quarter
Interest expense	`InterestExpense`	$62.01M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.75M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.20M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.21M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-4.52M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-5.21M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-18.09M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.69M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-165.76M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-110.82M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-74.53M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.08M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.51M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.03M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.54M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-169.31M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-76.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-113.33M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-28.73M	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-2.80	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.49	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.25	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.95	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.49	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.25	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.95	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.80	USD	3 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.51M	shares	3 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.23M	shares	3 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.73M	shares	1 Quarter
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.07M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.07M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.23M	shares	3 Qtrs
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.73M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.51M	shares	3 Qtrs

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-169.31M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-76.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-113.33M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-28.73M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.59M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$34.53M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.06M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.04M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$84.84M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$92.30M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$30.78M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$3.55M	USD	1 Quarter
Change in fair value of derivative assets	`IncreaseDecreaseInFairValueOfDerivativeAssets`	-	USD	3 Qtrs
Change in fair value of derivative assets	`IncreaseDecreaseInFairValueOfDerivativeAssets`	$-15.51M	USD	3 Qtrs
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	-	USD	3 Qtrs
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	$53.89M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-5.63M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-3.83M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-21.43M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.43M	USD	3 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$9.49M	USD	3 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$8.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.30M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.43M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.25M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.50M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-17.97M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-12.24M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$18.30M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-6.37M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-898.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.14M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.81M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.96M	USD	3 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$34.84M	USD	3 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.09M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.00M	USD	3 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$12.65M	USD	3 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$13.03M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$94.49M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$194.01M	USD	3 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$86.38M	USD	3 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$100.70M	USD	3 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	3 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-145.19M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.84M	USD	3 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $7,200	`ProceedsFromConvertibleDebt`	$292.80M	USD	3 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $7,200	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedToIssuersEquity`	-	USD	3 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedToIssuersEquity`	$36.57M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$71.00K	USD	3 Qtrs
Payments for repurchase of convertible senior notes	`RepaymentsOfConvertibleDebt`	$12.00K	USD	3 Qtrs
Payments for repurchase of convertible senior notes	`RepaymentsOfConvertibleDebt`	$200.00M	USD	3 Qtrs
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$300.00K	USD	3 Qtrs
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$2.25M	USD	3 Qtrs
Proceeds from capped call settlement	`ProceedsFromCappedCallSettlement`	-	USD	3 Qtrs
Proceeds from capped call settlement	`ProceedsFromCappedCallSettlement`	$17.52M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.74M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.01M	USD	3 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$11.94M	USD	3 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$11.32M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.62M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.98M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.44M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$81.80M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.71M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.01M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.85M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.59M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.87M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.22M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$165.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.87M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.22M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$165.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.80M	USD	Point-in-time
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$4.09M	USD	3 Qtrs
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$4.09M	USD	3 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$1.17M	USD	3 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$1.50M	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$182.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.29M	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$515.00K	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$488.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.87M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.22M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$165.02M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.80M	USD	Point-in-time

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	59.72M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	61.42M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-161.65M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-148.16M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-142.28M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-120.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-111.02M	USD	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$84.51M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$96.11M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.72M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.75M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$11.32M	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$11.94M	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$6.23M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.15M	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	3 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	3 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.42M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.01M	USD	3 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.64M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.74M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$416.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$1.62M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$302.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$2.98M	USD	3 Qtrs
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$36.57M	USD	1 Quarter
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$36.57M	USD	3 Qtrs
Repurchase and inducement of convertible senior notes	`RepurchaseAndInducementDuringPeriodValueConversionOfConvertibleSecurities`	$35.88M	USD	3 Qtrs
Repurchase and inducement of convertible senior notes	`RepurchaseAndInducementDuringPeriodValueConversionOfConvertibleSecurities`	$35.88M	USD	1 Quarter
Issuance of common stock in connection with conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-3.00K	USD	3 Qtrs
Issuance of common stock in relation to an acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	3 Qtrs
Repurchase of common stock in relation to acquisition	`StockRepurchasedDuringPeriodValue`	-	USD	3 Qtrs
Reclassification of 2023 capped calls from equity to derivative asset	`StockReclassificationOfEquityToDerivativeAssetsRelatedToCappedCalls`	$33.03M	USD	3 Qtrs
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.89M	USD	3 Qtrs
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.16M	USD	1 Quarter
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$589.00K	USD	3 Qtrs
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-169.31M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-76.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-113.33M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-28.73M	USD	1 Quarter
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	59.72M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	61.42M	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-161.65M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-148.16M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-142.28M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-120.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-111.02M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-169.31M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-76.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-113.33M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-28.73M	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-7.28M	USD	3 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-481.00K	USD	3 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.12M	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-3.35M	USD	1 Quarter
Adjustments for net (gains) losses realized on cash flow hedges and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-531.00K	USD	3 Qtrs
Adjustments for net (gains) losses realized on cash flow hedges and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$49.00K	USD	1 Quarter
Adjustments for net (gains) losses realized on cash flow hedges and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.36M	USD	1 Quarter
Adjustments for net (gains) losses realized on cash flow hedges and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-2.44M	USD	3 Qtrs
Total change in unrealized (losses) gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-4.84M	USD	3 Qtrs
Total change in unrealized (losses) gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.99M	USD	1 Quarter
Total change in unrealized (losses) gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.17M	USD	1 Quarter
Total change in unrealized (losses) gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$50.00K	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$539.00K	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.04M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-166.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$97.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.16M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.07M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$589.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.89M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-119.22M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-30.89M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-168.72M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-77.68M	USD	1 Quarter

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