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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,035,565 $ 1,361,936
Marketable securities 1,406,993 1,149,148
Accounts receivable, net of allowances of $7,995 and $10,635 as of September 30, 2024 and December 31, 2023, respectively 680,515 763,159
Prepaid expenses and other current assets 109,324 64,316
Total current assets 3,232,397 3,338,559
Property and equipment, net 39,421 32,225
Operating lease right-of-use assets 86,172 92,119
Goodwill and intangible assets, net 111,943 117,462
Other assets 21,200 14,040
Total assets 3,491,133 3,594,405
Current liabilities:    
Accounts payable 88,876 79,058
Accrued expenses and other current liabilities 320,426 238,032
Total current liabilities 409,302 317,090
Operating lease liabilities 154,402 160,616
Other liabilities 33,550 26,019
Total liabilities 597,254 503,725
Commitments and contingencies
Stockholders’ equity:    
Class A common stock, $0.00001 par value, 6,666,667 shares authorized, 592,374 and 591,663 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively; Class B common stock, $0.00001 par value, 1,333,333 shares authorized, 82,605 and 86,355 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 7 7
Additional paid-in capital 5,023,586 5,241,954
Accumulated other comprehensive income (loss) 5,923 (1,013)
Accumulated deficit (2,135,637) (2,150,268)
Total stockholders’ equity 2,893,879 3,090,680
Total liabilities and stockholders’ equity $ 3,491,133 $ 3,594,405