7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 
      
    		                  
      operating activities
    		                  
      net income
    		819,531,000 576,419,000 599,204,000 434,420,000 309,969,000 236,183,000 172,233,000 108,639,000 80,357,000 -4,518,000 -79,512,000 23,662,000 -21,799,000 -115,298,000 31,407,000 142,000 14,364,000 -10,575,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                  
      amortization, depreciation and write-offs
    		47,053,000 79,887,000 127,837,000 99,635,000 108,541,000 112,667,000 119,111,000 121,797,000 119,892,000 128,208,000 101,577,000 163,830,000 152,688,000 128,989,000 115,654,000 119,436,000 107,156,000 88,817,000 
      goodwill impairment
    		0 188,943,000                 
      stock-based compensation
    		35,745,000 61,281,000 93,833,000 81,557,000 98,724,000 95,253,000 88,049,000 110,839,000 81,253,000 82,966,000 47,669,000 42,147,000 57,156,000 44,640,000 41,349,000 34,725,000 27,144,000 29,959,000 
      gain on divestiture, net of transaction costs
    		                  
      other
    		33,531,000 8,086,000 -14,672,000 6,929,000 1,760,000 8,540,000 10,106,000 -2,889,000 -3,446,000 2,429,000 -347,000        
      changes in operating assets and liabilities:
    		                  
      accounts receivable
    		-124,169,000 -167,382,000 -229,498,000 -112,345,000 -40,349,000 -84,836,000 -114,483,000 -180,067,000 -32,343,000 65,614,000 -35,479,000 24,066,000 6,834,000 -170,250,000 -101,949,000 -30,118,000 -25,964,000 -43,917,000 
      prepaid expenses and other assets
    		72,552,000 -51,861,000  7,038,000 -652,000 26,813,000             
      accounts payable
    		6,495,000 32,545,000 134,010,000 40,122,000 -2,603,000 18,056,000 90,619,000 20,220,000 -21,987,000 9,722,000 11,360,000 -21,654,000 -97,831,000 111,604,000 49,267,000 15,409,000 24,566,000 9,370,000 
      accrued and other liabilities
    		-12,283,000 103,794,000 181,388,000 -6,654,000 -20,863,000 -19,897,000 60,338,000 33,449,000 -17,027,000 15,994,000 -3,767,000 -10,440,000 -13,343,000 21,138,000 -8,148,000 4,459,000 8,091,000 -1,339,000 
      net cash from operating activities
    		772,226,000 831,712,000 701,003,000 550,702,000 454,527,000 392,779,000 343,988,000 199,066,000 229,794,000 288,662,000 163,199,000 174,482,000 106,811,000 -31,719,000 85,015,000 124,560,000 90,457,000 61,819,000 
      capex
    		0 0 0 0 0 0 -244,000 -2,273,000 -6,055,000 -2,197,000 -1,444,000 -2,159,000 -1,065,000 -1,943,000 -1,636,000 -1,651,000 -532,000 -121,000 
      free cash flows
    		772,226,000 831,712,000 701,003,000 550,702,000 454,527,000 392,779,000 343,744,000 196,793,000 223,739,000 286,465,000 161,755,000 172,323,000 105,746,000 -33,662,000 83,379,000 122,909,000 89,925,000 61,698,000 
      investing activities
    		                  
      proceeds from divestiture, net of cash divested
    		                  
      purchase of non-marketable equity securities
    		0 -18,678,000 0 -650,000 -48,000,000 -28,333,000  -100,000 0 -16,834,000         
      other investing activities
    		-23,154,000 -3,986,000  -2,546,000 -5,267,000 -3,302,000             
      net cash from investing activities
    		401,548,000 -22,664,000 -367,000 -6,396,000 -68,356,000 -31,635,000 -6,804,000 -15,833,000 -42,217,000 -12,975,000 22,286,000 -42,010,000 -292,001,000 -1,059,743,000 -8,678,000 -183,070,000 -1,004,909,000 -18,273,000 
      financing activities
    		                  
      repurchases of common stock
    		-271,518,000 -1,000,911,000                 
      payment of withholding taxes related to net share settlement
    		-70,983,000 -185,667,000    -80,144,000  -59,243,000           
      principal repayments of debt
    		  -3,538,469,000 -8,891,000 -8,891,000 -668,972,000 -7,500,000 -473,838,000 -8,329,000 -8,327,000         
      payments of licensed asset obligation
    		0 -13,532,000     -11,856,000 0 0 -15,254,000 0 0 0 -17,374,000     
      proceeds from issuance of debt
    		0 200,000,000 3,542,511,000 0 0 1,072,330,000             
      proceeds from issuance of common stock upon exercise of stock options and purchase of espp shares
    		  12,998,000 9,702,000               
      other financing activities
    		-4,371,000 -7,436,000  -5,476,000 -5,089,000 -5,384,000             
      net cash from financing activities
    		-537,377,000 -1,002,217,000 -523,157,000 -441,075,000 -361,000,000 -424,612,000 -170,524,000 -724,154,000 -556,698,000 -111,415,000 -55,411,000 -136,391,000 -269,622,000 -65,424,000 1,446,939,000 -75,159,000 1,337,392,000 400,374,000 
      effect of foreign exchange rate on cash and cash equivalents
    		5,187,000 2,782,000  3,916,000 -1,058,000 -2,348,000  -2,815,000 -545,000 1,137,000  -4,133,000 -6,884,000 -362,000  -457,000 -272,000 -80,000 
      net increase in cash and cash equivalents, including cash classified within current assets of discontinued operations
    		                  
      less: net (decrease) in cash classified within current assets of discontinued operations
    		                  
      net increase in cash and cash equivalents
    		     -65,816,000    165,409,000  -8,052,000 -461,696,000 -1,157,248,000  -134,126,000 422,668,000 443,840,000 
      cash and cash equivalents at beginning of the period
    		-44,381,000 741,411,000  0 0 502,152,000        2,570,504,000  0 0 317,235,000 
      cash and cash equivalents at end of the period
    		641,584,000 551,024,000 173,815,000 107,147,000 24,113,000 436,336,000  -543,736,000 -369,666,000 1,245,893,000  -8,052,000 -461,696,000 1,413,256,000  -134,126,000 422,668,000 761,075,000 
      adjustments to reconcile net income to operating activities:
    		                  
      proceeds from exercise of stock options
    		 5,329,000    9,782,000 3,125,000 11,272,000 3,629,000 2,906,000 3,754,000 5,860,000 7,763,000 8,110,000 5,670,000 7,598,000 5,006,000 12,882,000 
      net decrease in cash and cash equivalents
    		 -190,387,000                 
      impairment of investments
    		                  
      loss on settlement of debt
    		              1,384,000 0 0 16,852,000 
      change in operating right-of-use assets
    		                  
      amortization of debt issuance costs and discount
    		      -300,000 3,080,000 3,333,000 3,250,000 2,993,000 2,865,000 3,574,000 3,246,000 3,845,000 2,600,000 2,077,000 4,303,000 
      loss on disposal of long-lived assets
    		                  
      prepaid expenses and other current assets
    		      -40,975,000 30,806,000 14,302,000 -16,413,000 66,517,000 -41,249,000 25,468,000 -54,461,000 10,137,000 -14,610,000 -74,076,000 -18,775,000 
      other assets
    		      -63,509,000 -55,162,000 -1,881,000 -1,136,000 -72,727,000 -7,649,000 1,935,000 1,098,000 -53,667,000 2,460,000 4,797,000 472,000 
      operating lease liabilities
    		      -6,359,000 -5,149,000 -3,617,000 -3,487,000 -3,553,000 -3,299,000 -6,000,000 -6,046,000 -8,584,000 -6,187,000 -6,452,000 -5,631,000 
      deferred revenue
    		      -568,000 4,327,000 7,525,000 2,573,000 -2,806,000 -2,619,000 -6,656,000 -2,630,000 -6,604,000 -4,976,000 -1,333,000 -994,000 
      acquisitions of businesses and intangible assets
    		                  
      purchase of property and equipment
    		      -244,000 -183,000 -3,749,000 -70,000 -41,000 -221,000 -115,000 -285,000 -428,000 -309,000 -532,000 -121,000 
      proceeds from sale of assets and other
    		                  
      payments of withholding taxes related to net share settlement
    		                  
      payments of deferred acquisition costs
    		      -22,400,000 -10,274,000 0 -1,229,000 -19,186,000 -33,286,000 -70,002,000 -1,710,000 -2,404,000 -74,099,000 -5,320,000 -152,245,000 
      payments of debt issuance cost
    		                  
      principal payments of finance leases
    		                  
      effect of foreign exchange rate on cash, cash equivalents, and restricted cash equivalents
    		                  
      net increase in cash, cash equivalents, and restricted cash equivalents
    		                  
      cash, cash equivalents, and restricted cash equivalents at beginning of the period
    		                  
      acquisition of intangible assets
    		   -3,200,000               
      repurchases of stock
    		   -228,448,000 0 -752,224,000  -581,492,000 -507,204,000 -64,897,000         
      payment of withholding taxes related to net share settlement of equity awards
    		   -207,962,000               
      change in operating right-of-use asset
    		      6,110,000 4,839,000 3,433,000 3,460,000 3,382,000 3,167,000 4,807,000 5,751,000 8,114,000 5,932,000 6,471,000 5,796,000 
      impairment and loss in connection with sale of long-lived assets
    		                  
      purchase of investments and other
    		                  
      proceeds from debt issuance
    		                  
      proceeds from the issuance of common stock through espp
    		                  
      proceeds from issuance of common stock in initial public offering, net of issuance costs as adjusted for cost reimbursement
    		              0 988,000   
      payments of related party notes
    		                  
      effect of foreign exchange rate on cash, cash equivalents and restricted cash equivalents
    		                  
      net increase in cash, cash equivalents and restricted cash equivalents
    		                  
      cash, cash equivalents and restricted cash equivalents at beginning of the period
    		      0 0 0 1,080,484,000 0 0       
      cash, cash equivalents and restricted cash equivalents at end of the period
    		                  
      changes in operating assets and liabilities, net of effect of acquisitions:
    		                  
      acquisitions, net of cash acquired
    		       -13,460,000 -36,162,000 -2,194,000 -4,129,000 -41,346,000 -248,536,000 -1,045,816,000 -7,693,000 -181,777,000 -1,012,860,000 -4,152,000 
      capitalized software development costs
    		       -2,090,000 -2,306,000 -2,127,000 -1,403,000 -1,938,000 -950,000 -1,658,000 -1,208,000 -1,342,000   
      proceeds from sale of assets
    		       0 0 8,250,000         
      principal payments on finance leases
    		       -5,276,000 -5,468,000 -5,447,000         
      payment of debt issuance cost
    		       -584,000           
      proceeds from revolving credit facility
    		                  
      proceeds from the issuance of common stock under the employee stock purchase plan
    		       0    0       
      net (decrease) in cash and cash equivalents
    		                  
      payment of withholding taxes related to net share settlement of restricted stock units
    		         -19,167,000         
      lease modification and abandonment of leasehold improvements
    		                  
      loss on extinguishments of acquisition related contingent consideration
    		                  
      purchase of non-marketable investments and other
    		          -9,796,000 0 -42,400,000 -14,146,000 0 -1,000,000 0 -14,000,000 
      proceeds from other investing activities
    		          655,000 1,495,000 0 2,162,000 651,000 1,358,000   
      proceeds from sale of long-lived assets
    		                  
      proceeds from debt issuance, net of issuance costs
    		              1,484,330,000 0 0 844,729,000 
      payments of debt principal
    		          -8,328,000 -8,327,000 -4,578,000 -4,577,000 -8,328,000 -4,577,000 -404,578,000 -302,327,000 
      proceeds from issuance of common stock
    		                  
      proceeds from the issuance of class a common stock under employee stock purchase plan
    		                  
      payments of deferred ipo costs
    		                 -1,825,000 
      proceeds from issuance of common stock in initial public offering, including cost reimbursement
    		                  
      payments of finance leases
    		           -5,773,000 -6,150,000 -6,176,000 -5,581,000 -5,069,000 -3,781,000 -840,000 
      net unrealized gain on fair value remeasurements
    		                  
      net (gain) loss on foreign currency remeasurements
    		                  
      repurchases of stock - repurchase program
    		            -200,318,000 -43,697,000     
      net unrealized gains on fair value remeasurements
    		             957,000     
      net gain on foreign currency remeasurement
    		             -457,000   2,257,000 -1,305,000 
      change in fair value of contingent consideration
    		              0    
      net unrealized gains on fair value remeasurement of financial instruments
    		              464,000 550,000 1,359,000 -11,214,000 
      net (gain) loss on foreign currency remeasurement
    		                  
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.