
FY2025 | FY2026 | FY2027 | |||||||
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 |
6/30/24 | 9/30/24 | 12/31/24 | 3/31/25 | 6/30/25 | 9/30/25 | 12/31/25 | 3/31/26 | 6/30/26 | 9/30/26 |
172,801 | 175,075 | 173,459 | 171,588 | 176,308 | 179,094 | 179,682 | 180,175 | 185,346 | 187,784 |
5,346 | 5,923 | 5,423 | 5,455 | 5,053 | 5,001 | 5,368 | 5,071 | 4,824 | 4,217 |
178,147 | 180,998 | 178,882 | 177,043 | 181,361 | 184,095 | 185,050 | 185,246 | 190,170 | 192,001 |
49,496 | 50,251 | 50,529 | 49,818 | 53,822 | 57,699 | 59,515 | 61,566 | 67,635 | 71,093 |
7,691 | 7,572 | 7,268 | 7,173 | 7,099 | 7,056 | 7,319 | 6,627 | 6,164 | 6,344 |
57,187 | 57,823 | 57,797 | 56,991 | 60,921 | 64,755 | 66,834 | 68,193 | 73,799 | 77,437 |
120,960 | 123,175 | 121,085 | 120,052 | 120,440 | 119,340 | 118,216 | 117,053 | 116,371 | 114,564 |
32,137 | 31,291 | 29,833 | 29,950 | 28,364 | 27,918 | 27,191 | 29,510 | 28,406 | 27,570 |
67,106 | 64,867 | 65,644 | 66,844 | 68,184 | 63,835 | 60,513 | 59,872 | 58,750 | 56,146 |
23,091 | 19,848 | 16,629 | 22,839 | 23,327 | 22,238 | 20,818 | 24,341 | 24,836 | 20,983 |
- | - | - | - | - | - | - | - | - | 2,933 |
122,334 | 116,006 | 112,106 | 119,633 | 119,875 | 113,991 | 108,522 | 113,723 | 111,992 | 107,632 |
(1,374) | 7,169 | 8,979 | 419 | 565 | 5,349 | 9,694 | 3,330 | 4,379 | 6,932 |
(9,956) | (7,905) | (5,842) | (5,153) | (3,968) | (4,842) | (4,587) | (4,368) | (4,179) | (4,207) |
1,716 | (12,709) | 793 | (200) | 364 | 468 | 511 | 1,010 | (408) | 1,107 |
(9,614) | (13,445) | 3,930 | (4,934) | (3,039) | 975 | 5,618 | (28) | (208) | 3,832 |
676 | 1,098 | 908 | 467 | 1,276 | 208 | 528 | (134) | 992 | 444 |
(10,290) | (14,543) | 3,022 | (5,401) | (4,315) | 767 | 5,090 | 106 | (1,200) | 3,388 |
$ (0.08) | $ (0.11) | $ 0.02 | $ (0.04) | $ (0.03) | $ 0.01 | $ 0.04 | $ 0.00 | $ (0.01) | $ 0.02 |
$ (0.08) | $ (0.11) | $ 0.02 | $ (0.04) | $ (0.03) | $ 0.01 | $ 0.04 | $ 0.00 | $ (0.01) | $ 0.02 |
125,999 | 129,250 | 130,970 | 132,877 | 134,809 | 136,970 | 138,781 | 140,141 | 141,973 | 144,929 |
125,999 | 129,250 | 135,742 | 132,877 | 134,809 | 141,561 | 142,926 | 145,399 | 141,973 | 146,349 |
FY2025 | FY2026 |
Q4 YTD 3/31/25 | Q4 YTD 3/31/26 |
692,923 | 715,259 |
22,147 | 20,493 |
715,070 | 735,752 |
200,094 | 232,602 |
29,704 | 28,101 |
229,798 | 260,703 |
485,272 | 475,049 |
123,211 | 112,983 |
264,461 | 252,404 |
82,407 | 90,724 |
- | - |
470,079 | 456,111 |
15,193 | 18,938 |
(28,856) | (17,765) |
(10,400) | 2,353 |
(24,063) | 3,526 |
3,149 | 1,878 |
(27,212) | 1,648 |
$ (0.21) | $ 0.01 |
$ (0.21) | $ 0.01 |
129,767 | 137,669 |
129,767 | 142,629 |
Service revenue Other revenue
Total revenue Cost of service revenue Cost of other revenue
Total cost of revenue
Gross profitOperating expenses:
Research and development Sales and marketing General and administrative
Impairment of long-lived assets Total operating expenses
Income (loss) from operationsInterest expense
Other income (expense), net
Income (loss) before provision (benefit) for income taxes
Provision (benefit) for income taxes
Net income (loss)Net income (loss) per share: Basic
Diluted
Weighted average number of shares: Basic
Diluted
(10,290) (14,543) | 3,022 | (5,401) | (4,315) | 767 | 5,090 | 106 | (1,200) | 3,388 |
(5) - | - | - | - | - | - | - | - | - |
(354) 8,363 | (9,321) | 3,759 | 6,258 | (1,826) | 701 | (2,226) | 99 | (267) |
(10,649) (6,180) | (6,299) | (1,642) | 1,943 | (1,059) | 5,791 | (2,120) | (1,101) | 3,121 |
(27,212) | 1,648 |
0 | - |
2,447 | 2,907 |
(24,765) | 4,555 |
Net income (loss)
Unrealized gain (loss) on investments in securities Foreign currency translation adjustment
Comprehensive income (loss)
71.4 % | 71.3 % | 70.9 % | 71.0 % | 69.5 % | 67.8 % | 66.9 % | 65.8 % | 63.5 | % | 62.1 % | |
(43.9)% | (27.8)% | (34.0)% | (31.5)% | (40.5)% | (41.1)% | (36.3)% | (30.7)% | (27.8 | % | (50.4)% | |
67.9 % | 68.1 % | 67.7 % | 67.8 % | 66.4 % | 64.8 % | 63.9 % | 63.2 % | 61.2 | % | 59.7 % | |
18.0 % | 17.3 % | 16.7 % | 16.9 % | 15.6 % | 15.2 % | 14.7 % | 15.9 % | 14.9 | % | 14.4 | % |
37.7 % | 35.8 % | 36.7 % | 37.8 % | 37.6 % | 34.7 % | 32.7 % | 32.3 % | 30.9 | % | 29.2 | % |
13.0 % | 11.0 % | 9.3 % | 12.9 % | 12.9 % | 12.1 % | 11.2 % | 13.1 % | 13.1 | % | 10.9 | % |
68.7 % | 64.1 % | 62.7 % | 67.6 % | 66.1 % | 61.9 % | 58.6 % | 61.4 % | 58.9 % 56.1 % | |||
(0.8)% | 4.0 % | 5.0 % | 0.2 % | 0.3 % | 2.9 % | 5.2 % | 1.8 % | 2.3 % 3.6 % | |||
71.1 % (34.1)% | 67.5 % (37.1)% |
67.9 % | 64.6 % |
17.2 % 37.0 % 11.5 % | 15.4 % 34.3 % 12.3 % |
65.7 % | 62.0 % |
2.1 % | 2.6 % |
Service revenue gross profit Other revenue gross profit
Total revenue gross profit Research and Development Sales and Marketing General and administrative
Total Operating Expenses
Income (loss) from operationsFY2025 | FY2026 | FY2027 | |||||||
Q1 6/30/24 | Q2 9/30/24 | Q3 12/31/24 | Q4 3/31/25 | Q1 6/30/25 | Q2 9/30/25 | Q3 12/31/25 | Q4 3/31/26 | Q1 6/30/26 | Q2 9/30/26 |
(8,894) | (7,249) | (5,415) | (4,832) | (4,558) | (4,480) | (4,226) | (4,058) | (3,849) | (3,853) |
- | - | - | - | 926 | - | - | - | - | - |
(1,062) | (656) | (427) | (321) | (336) | (362) | (361) | (310) | (330) | (354) |
(9,956) | (7,905) | (5,842) | (5,153) | (3,968) | (4,842) | (4,587) | (4,368) | (4,179) | (4,207) |
- | (11,996) | (216) | (113) | (81) | (46) | (20) | - | (44) - | |
1,747 | 263 | (813) | 1,028 | 209 | 37 | 357 | 261 | 71 | (75) |
1,041 | 936 | 768 | 570 | 476 | 453 | 508 | 491 | 467 | 554 |
- | - | - | - | - | - | - | - | - | - |
(1,072) | (1,912) | 1,054 | (1,685) | (240) | 24 | (334) | 258 | (902) | 628 |
1,716 | (12,709) | 793 | (200) | 364 | 468 | 511 | 1,010 | (408) | 1,107 |
FY2025 | FY2026 |
Q4 YTD 3/31/25 | Q4 YTD 3/31/26 |
(26,390) | (17,322) |
- | 926 |
(2,466) | (1,369) |
(28,856) | (17,765) |
(12,325) | (147) |
2,225 | 864 |
3,316 | 1,928 |
- | - |
(3,616) | (292) |
(10,400) | 2,353 |
Supplemental Information: Interest expense Capitalized interest
Amortization of debt discount Total interest expense
Loss on debt extinguishment
Gain (loss) on warrants remeasurement Interest income
Loss on sale of assets Other income (expense)
Other income (expense), net
FY2025 | FY2026 | FY2027 | |||||||
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 |
6/30/24 | 9/30/24 | 12/31/24 | 3/31/25 | 6/30/25 | 9/30/25 | 12/31/25 | 3/31/26 | 6/30/26 | 9/30/26 |
$172,801 | $175,075 | $173,459 | $171,588 | $176,308 | $179,094 | $179,682 | $180,175 | $185,346 | $187,784 |
5,346 | 5,923 | 5,423 | 5,455 | 5,053 | 5,001 | 5,368 | 5,071 | 4,824 | 4,217 |
178,147 | 180,998 | 178,882 | 177,043 | 181,361 | 184,095 | 185,050 | 185,246 | 190,170 | 192,001 |
45,249 | 46,848 | 47,613 | 48,154 | 51,789 | 56,628 | 58,559 | 59,851 | 66,978 | 70,493 |
7,172 | 7,112 | 6,928 | 6,760 | 6,599 | 6,524 | 6,588 | 6,460 | 5,975 | 6,051 |
52,421 | 53,960 | 54,541 | 54,914 | 58,388 | 63,152 | 65,147 | 66,311 | 72,953 | 76,544 |
125,726 | 127,038 | 124,341 | 122,129 | 122,973 | 120,943 | 119,903 | 118,935 | 117,217 | 115,457 |
27,441 | 27,530 | 26,429 | 26,094 | 25,994 | 26,622 | 25,526 | 26,245 | 25,480 | 25,233 |
60,741 | 59,191 | 60,456 | 60,621 | 62,057 | 58,725 | 55,764 | 55,038 | 54,060 | 51,792 |
17,434 | 18,779 | 18,368 | 17,703 | 18,589 | 18,272 | 16,954 | 17,888 | 18,790 | 17,688 |
105,616 | 105,500 | 105,253 | 104,418 | 106,640 | 103,619 | 98,244 | 99,171 | 98,330 | 94,713 |
20,110 | 21,538 | 19,088 | 17,711 | 16,333 | 17,324 | 21,659 | 19,764 | 18,887 | 20,744 |
(8,894) | (7,249) | (5,415) | (4,832) | (4,558) | (4,480) | (4,226) | (4,058) | (3,849) | (3,853) |
(147) | (1,092) | 1,706 | (1,115) | 236 | 477 | 174 | 749 | (435) | 1,116 |
11,069 | 13,197 | 15,379 | 11,764 | 12,011 | 13,321 | 17,607 | 16,455 | 14,603 | 18,007 |
676 | 1,098 | 908 | 467 | 1,276 | 208 | 528 | (134) | 992 | 444 |
$10,393 | $12,099 | $14,471 | $11,297 | $10,735 | $13,113 | $17,079 | $16,589 | $13,611 | $17,563 |
$ 0.08 | $ 0.09 | $ 0.11 | $ 0.09 | $ 0.08 | $ 0.10 | $ 0.12 | $ 0.12 | $ 0.10 | $ 0.12 |
$ 0.08 | $ 0.09 | $ 0.11 | $ 0.08 | $ 0.08 | $ 0.09 | $ 0.12 | $ 0.11 | $ 0.09 | $ 0.12 |
125,999 | 129,250 | 130,970 | 132,877 | 134,809 | 136,970 | 138,781 | 140,141 | 141,973 | 144,929 |
127,433 | 131,294 | 135,742 | 138,678 | 138,569 | 141,561 | 142,926 | 145,399 | 147,065 | 146,349 |
Fiscal Years | |
2025 | 2026 |
3/31/25 | 3/31/26 |
$692,923 | $715,259 |
22,147 | 20,493 |
715,070 | 735,752 |
187,864 | 226,827 |
27,972 | 26,171 |
215,836 | 252,998 |
499,234 | 482,754 |
107,494 | 104,387 |
241,009 | 231,584 |
72,284 | 71,703 |
420,787 | 407,674 |
78,447 | 75,080 |
(26,390) | (17,322) |
(648) | 1,636 |
51,409 | 59,394 |
3,149 | 1,878 |
$48,260,000 | $ 57,516 |
$ 0.37 | $ 0.42 |
$ 0.36 | $ 0.40 |
129,767 | 137,669 |
133,654 | 142,629 |
Service revenue Other revenue
Total revenueCost of service revenue Cost of other revenue
Total cost of revenue
Gross profitOperating expenses:
Research and development Sales and marketing General and administrative
Total operating expenses
Income from operationsInterest expense
Other income (expense), net
Income before provision (benefit) for income taxes Provision (benefit) for income taxes
Net incomeNet income per share: Basic
Diluted
Weighted average number of shares: Basic
Diluted
73.8 % | 73.2 % | 72.6 % | 71.9 % | 70.6 % | 68.4 % | 67.4 % | 66.8 % | 63.9 % | 62.5 % |
(34.2) % | (20.1) % | (27.8) % | (23.9) % | (30.6) % | (30.5) % | (22.7) % | (27.4) % | (23.9) % | (43.5) % |
70.6 % | 70.2 % | 69.5 % | 69.0 % | 67.8 % | 65.7 % | 64.8 % | 64.2 % | 61.6 % | 60.1 % |
15.4 % | 15.2 % | 14.8 % | 14.7 % | 14.3 % | 14.5 % | 13.8 % | 14.2 % | 13.4 % | 13.1 % |
34.1 % | 32.7 % | 33.8 % | 34.2 % | 34.2 % | 31.9 % | 30.1 % | 29.7 % | 28.4 % | 27.0 % |
9.8 % | 10.4 % | 10.3 % | 10.0 % | 10.2 % | 9.9 % | 9.2 % | 9.7 % | 9.9 % | 9.2 % |
59.3 % | 58.3 % | 58.8 % | 59.0 % | 58.8 % | 56.3 % | 53.1 % | 53.5 % | 51.7 % | 49.3 % |
11.3 % | 11.9 % | 10.7 % | 10.0 % | 9.0 % | 9.4 % | 11.7 % | 10.7 % | 9.9 % | 10.8 % |
72.9 % (26.3)% | 68.3 % (27.7)% |
69.8 % | 65.6 % |
15.0 % 33.7 % 10.1 % | 14.2 % 31.5 % 9.7 % |
58.8 % | 55.4 % |
11.0 % | 10.2 % |
Service revenue gross profit Other revenue gross profit
Total revenue gross profit Research and development Sales and marketing General and administrative
Operating Expenses
Operating incomeFY2025 | FY2026 | FY2027 | |||||||
Q1 6/30/24 | Q2 9/30/24 | Q3 12/31/24 | Q4 3/31/25 | Q1 6/30/25 | Q2 9/30/25 | Q3 12/31/25 | Q4 3/31/26 | Q1 6/30/26 | Q2 9/30/26 |
$ 130,764 | $ 117,405 | $ 104,165 | $ 88,050 | $ 81,315 | $ 75,872 | $ 86,882 | $ 93,260 | $ 90,595 | $ 101,708 |
461 | 462 | 462 | 462 | 105 | 812 | 1,318 | 1,702 | 1,707 | 893 |
59,205 | 64,567 | 52,312 | 49,680 | 60,514 | 66,889 | 54,740 | 57,004 | 70,428 | 61,956 |
34,625 | 34,107 | 32,046 | 30,935 | 29,679 | 27,733 | 26,131 | 25,193 | 23,174 | 21,896 |
32,723 | 29,810 | 30,105 | 34,739 | 36,367 | 34,316 | 34,809 | 32,650 | 37,809 | 32,314 |
257,778 | 246,351 | 219,090 | 203,866 | 207,980 | 205,622 | 203,880 | 209,809 | 223,713 | 218,767 |
51,400 | 50,364 | 49,228 | 47,919 | 47,972 | 47,394 | 46,939 | 45,821 | 44,552 | 42,963 |
35,933 | 34,825 | 32,777 | 33,508 | 32,260 | 30,424 | 29,634 | 26,672 | 28,184 | 24,329 |
81,618 | 76,519 | 71,420 | 67,949 | 64,474 | 60,973 | 57,386 | 57,589 | 53,776 | 50,689 |
266,399 | 269,229 | 266,217 | 271,530 | 274,476 | 273,803 | 274,004 | 276,372 | 276,408 | 276,777 |
- | - | - | 812 | 812 | - | - | - | - | - |
49,199 | 48,711 | 45,154 | 44,239 | 42,197 | 39,252 | 37,009 | 34,562 | 34,235 | 32,973 |
13,412 | 14,127 | 14,325 | 13,354 | 14,177 | 13,288 | 12,670 | 11,996 | 11,938 | 11,397 |
$ 755,739 | $ 740,126 | $ 698,211 | $ 683,177 | $ 684,348 | $ 670,756 | $ 661,522 | $ 662,821 | $ 672,806 | $ 657,895 |
$ 51,727 | $ 51,261 | $ 53,072 | $ 45,773 | $ 42,890 | $ 43,307 | $ 36,004 | $ 36,714 | $ 38,121 | $ 31,555 |
75,369 | 68,783 | 61,601 | 63,025 | 73,768 | 66,872 | 69,850 | 69,867 | 92,065 | 73,917 |
11,564 | 11,707 | 11,386 | 11,102 | 11,003 | 10,740 | 10,574 | 10,357 | 10,693 | 10,904 |
33,701 | 37,696 | 33,394 | 37,751 | 42,130 | 43,569 | 36,813 | 36,699 | 35,334 | 38,789 |
- | 39,393 | 16,524 | 11,593 | 6,648 | 19,173 | 26,700 | 39,218 | 37,277 | 107,326 |
172,361 | 208,840 | 175,977 | 169,244 | 176,439 | 183,661 | 179,941 | 192,855 | 213,490 | 262,491 |
55,179 | 52,785 | 49,842 | 49,196 | 47,010 | 44,420 | 41,850 | 39,100 | 39,473 | 37,422 |
7,659 | 6,594 | 5,960 | 706 | 645 | 477 | 333 | 181 | 247 | 149 |
198,033 | 198,300 | 198,569 | 198,790 | 199,039 | 199,317 | 199,598 | 199,830 | 200,091 | 200,382 |
212,718 | 159,194 | 149,437 | 139,581 | 129,695 | 107,299 | 94,872 | 82,431 | 69,985 | - |
5,201 | 4,601 | 5,413 | 3,456 | 3,330 | 2,420 | 2,070 | 1,815 | 1,703 | 1,454 |
651,151 | 630,314 | 585,198 | 560,973 | 556,158 | 537,594 | 518,664 | 516,212 | 524,989 501,898 | |
128 | 131 | 131 | 134 | 136 | 139 | 139 | 141 | 144 146 | |
987,171 | 998,572 | 1,008,072 | 1,018,902 | 1,022,943 | 1,028,971 | 1,032,876 | 1,038,745 | 1,041,051 1,046,108 | |
(11,912) | (3,549) | (12,870) | (9,111) | (2,853) | (4,679) | (3,978) | (6,204) | (6,105) (6,372) | |
(870,799) | (885,342) | (882,320) | (887,721) | (892,036) | (891,269) | (886,179) | (886,073) | (887,273) (883,885) | |
104,588 | 109,812 | 113,013 | 122,204 | 128,190 | 133,162 | 142,858 | 146,609 | 147,817 | 155,997 |
$ 755,739 | $ 740,126 | $ 698,211 | $ 683,177 | $ 684,348 | $ 670,756 | $ 661,522 | $ 662,821 | $ 672,806 | $ 657,895 |
ASSETS
Current assets:
Cash and cash equivalents Restricted cash
Accounts receivable, net
Deferred contract acquisition costs Other current assets
Total current assets Property and equipment, net Operating lease, right-of-use assets Intangible assets, net
Goodwill
Restricted cash, non-current
Deferred contract acquisition costs, non-current Other assets, non-current
Total assetsLIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities: Accounts payable
Accrued and other liabilities Operating lease liabilities, current Deferred revenue, current
Term loan, current
Total current liabilities Operating lease liabilities, non-current Deferred revenue, non-current Convertible senior notes, non-current Term loan
Other liabilities, non-current
Total liabilities Stockholders' equity:
Common stock Additional paid-in capital
Accumulated other comprehensive loss Accumulated deficit
Total stockholders' equity
Total liabilities and stockholders' equityCash flows from operating activities:
Net income (loss)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation
Amortization of intangible assets
Amortization of capitalized internal-use software costs
Amortization of debt discount and issuance costs
Amortization of deferred contract acquisition costs
Allowance for credit losses
Operating lease expense, net of accretion
Impairment of right-of-use assets Stock-based compensation expense Loss (gain) on debt extinguishment
Loss (gain) on remeasurement of warrants
Loss on sale of assets Other
Changes in assets and liabilities: Accounts receivable, net
Deferred contract acquisition costs
Other current and non-current assets
Accounts payable and accrued liabilities
Deferred revenue
Net cash provided by operating activitiesCash flows from investing activities: Purchases of property and equipment Capitalized internal-use software costs Purchases of investments
Purchase of cost investment Maturities of investments
Acquisition of businesses, net of cash acquired
Payments for other investing activities
Net cash provided by (used in) investing activitiesCash flows from financing activities:
Proceeds from issuance of common stock under employee stock plans
Payments for repurchases of common stock
Payments for debt issuance costs Repayment of principal on term loan Gross proceeds from term loan
Repayment and exchange of convertible senior notes
Other financing activities
Net cash provided by (used in) financing activitiesEffect of exchange rate changes on cash
Net increase (decrease) in cash and cash equivalents
Cash, cash equivalents and restricted cash, beginning of period
Cash, cash equivalents and restricted cash, end of yearFY2025 | FY2026 | FY2027 | Fiscal Years |
Q1 Q2 Q3 Q4 6/30/24 9/30/24 12/31/24 3/31/25 | Q1 Q2 Q3 Q4 6/30/25 9/30/25 12/31/25 3/31/26 | Q1 Q2 6/30/26 9/30/26 | FY25 FY26 3/31/25 3/31/26 |
$ (10,290) $ (14,543) $ 3,022 $ (5,401) | $ (4,315) $ 767 $ 5,090 $ 106 | $ (1,200) $ 3,388 | $ (27,212) $ 1,648 |
1,908 1,848 1,866 1,765 | 1,690 1,701 1,689 1,529 | 1,410 1,343 | 7,387 6,609 |
5,099 5,099 5,098 3,808 | 3,501 3,502 3,584 3,616 | 3,835 3,088 | 19,104 14,203 |
3,758 3,264 2,959 2,748 | 2,673 3,012 2,919 2,852 | 2,856 2,826 | 12,729 11,456 |
1,062 656 427 321 | 336 362 361 310 | 330 354 | 2,466 1,369 |
9,838 9,859 9,284 8,996 | 8,956 8,446 7,889 7,791 | 7,051 6,696 | 37,977 33,082 |
334 935 156 418 | 290 85 (628) (185) | 607 (194) | 1,843 (438) |
3,165 2,873 2,869 2,724 | 2,854 2,675 2,715 2,624 | 2,595 2,436 | 11,631 10,868 |
- - - - | - - - - | - 2,933 | - - |
12,801 9,376 9,533 8,230 | 6,352 5,363 4,152 4,503 | 4,055 4,226 | 39,940 20,370 |
- 11,996 216 113 | 81 46 20 - | 44 - | 12,325 147 |
(1,747) (263) 813 (1,028) | (209) (37) (357) (261) | (71) 75 | (2,225) (864) |
- - - - | - - - - | - - | - - |
581 (4,207) 4,481 (1,201) | (368) (34) 257 (40) | 188 (509) | (346) (185) |
(732) (4,582) 10,460 2,699 | (9,503) (6,889) 12,909 (2,288) | (14,407) 8,858 | 7,845 (5,771) |
(4,803) (7,644) (5,134) (6,407) | (4,471) (3,936) (3,976) (4,725) | (4,611) (4,164) | (23,988) (17,108) |
(658) 1,508 (2,793) (5,674) | (2,997) 1,665 (1,886) 2,768 | (9,273) 4,483 | (7,617) (450) |
(1,413) (7,473) (10,295) (5,629) | 3,347 (9,400) (7,145) (4,159) | 24,979 (26,131) | (24,810) (17,357) |
(755) 3,615 (5,746) (609) | 3,656 1,507 (6,901) (55) | (1,354) 3,351 | (3,495) (1,793) |
18,148 12,317 27,216 5,873 | 11,873 8,835 20,692 14,386 | 17,034 13,059 | 63,554 55,786 |
(382) (1,207) (456) (356) | (377) (1,142) (1,579) (577) | (694) (593) | (2,401) (3,675) |
(3,025) (2,867) (2,570) (2,604) | (4,039) (3,101) (2,574) (2,588) | (2,225) (1,859) | (11,066) (12,302) |
- - - - | - - - - | - - | - - |
(771) - - - | - - - - | - - | (771) - |
1,048 - - - | - - - - | - - | 1,048 - |
- - - (3,234) | - - - (4,757) | - - | (3,234) (4,757) |
- - - - | - - - - | (229) - | - - |
(3,130) (4,074) (3,026) (6,194) | (4,416) (4,243) (4,153) (7,922) | (3,148) (2,452) | (16,424) (20,734) |
- 1,682 (1) 2,011 | - 1,228 - 1,601 | - 1,163 | 3,692 2,829 |
- - - - | (1,848) - - - | - - | - (1,848) |
- (1,114) (403) - | - (70) - - | - - | (1,517) (70) |
- (225,000) (33,000) (15,000) | (15,000) (10,000) (5,000) - | (14,500) - | (273,000) (30,000) |
- 200,000 - - | - - - - | - - | 200,000 - |
- - - - | - - - - | - - | - - |
(352) (352) (557) (3,020) | (489) (480) (184) (198) | (1,684) (1,114) | (4,281) (1,351) |
(352) (24,784) (33,961) (16,009) | (17,337) (9,322) (5,184) 1,403 | (16,184) 49 | (75,106) (30,440) |
(164) 3,183 (3,469) 1,027 | 2,788 (818) 161 (1,105) | (362) (357) | 577 1,026 |
14,502 (13,358) (13,240) (15,303) | (7,092) (5,548) 11,516 6,762 | (2,660) 10,299 | (27,399) 5,638 |
116,723 131,225 117,867 104,627 | 89,324 82,232 76,684 88,200 | 94,962 92,302 | 116,723 89,324 |
$131,225 $117,867 $104,627 $ 89,324 | $ 82,232 $ 76,684 $ 88,200 $ 94,962 | $ 92,302 $102,601 | $ 89,324 $ 94,962 |
FY2025 | FY2026 | FY2027 | Fiscal Years | ||||||||
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | FY25 | FY26 |
6/30/24 | 9/30/24 | 12/31/24 | 3/31/25 | 6/30/25 | 9/30/25 | 12/31/25 | 3/31/26 | 6/30/26 | 9/30/26 | 3/31/25 | 3/31/26 |
$ 6,707 | $ 9,617 | $ 3,193 | $ 6,780 | $ 2,567 | $ 6,471 | $ 2,231 | $ 6,053 | $ 1,806 | $ 5,873 | $ 26,297 | $ 17,322 |
$ 479 | $ 1,907 | $ 708 | $ 673 | $ 574 | $ 799 | $ 757 | $ 270 | $ 479 | $ 547 | $ 3,767 | $ 2,400 |
$ 3,574 | $ 3,207 | $ 2,861 | $ 132 | $ 21 | $ 108 | $ - | $ 16 | $ 80 | $ 143 | $ 132 | $ 16 |
$ - | $ - | $ - | $ 544 | $ - | $ - | $ - | $ - | $ - | $ - | $ 544 | $ - |
Interest paid Income taxes paid
Payables and accruals for property and equipment
Issuance of common stock for business combinations
Reconciliation of GAAP to Non-GAAP Financial Measures: Cost of Revenue:GAAP cost of service revenue
Amortization of acquired intangible assets
Stock-based compensation expense and related employer payroll taxes
Transaction-related costs Legal and regulatory costs
Severance, transition and contract exit costs Non-GAAP cost of service revenue
GAAP service revenue margin
Non-GAAP service revenue margin
GAAP cost of other revenue
Stock-based compensation expense and related employer payroll taxes
Legal and regulatory costs
Severance, transition and contract exit costs Non-GAAP cost of other revenue
GAAP other revenue margin
Non-GAAP other revenue margin
GAAP gross margin
Non-GAAP gross margin
Operating Expenses:GAAP research and development Amortization of acquired intangible assets
Stock-based compensation expense and related employer payroll taxes
Transaction-related costs Legal and regulatory costs
Severance, transition and contract exit costs Non-GAAP research and development
GAAP sales and marketing
Amortization of acquired intangible assets
Stock-based compensation expense and related employer payroll taxes
Transaction-related costs Legal and regulatory cost
Severance, transition and contract exit costs Non-GAAP sales and marketing
FY2025 | FY2026 | FY2027 | Fiscal | ||||||||
Q1 6/30/24 | Q2 9/30/24 | Q3 12/31/24 | Q4 3/31/25 | Q1 6/30/25 | Q2 9/30/25 | Q3 12/31/25 | Q4 3/31/26 | Q1 6/30/26 | Q2 9/30/26 | FY25 3/31/25 | FY26 3/31/26 |
$ 49,496 | $ 50,251 | $ 50,529 | $ 49,818 | $ 53,822 | $ 57,699 | $ 59,515 | $ 61,566 | $ 67,635 | $ 71,093 | $200,094 $232,602 | |
(2,117) | (2,118) | (2,117) | (824) | (507) | (514) | (513) | (514) | (514) | (21) | (7,176) (2,048) | |
(1,608) | (1,230) | (857) | (759) | (582) | (476) | (417) | (377) | (201) | (214) | (4,454) (1,852) | |
- | - | - | - | - | - | - | - | (33) | (21) | - | - |
- | - | 55 | - | - | - | - | - | - | - | 55 | - |
(522) | (55) | 3 | (81) | (944) | (81) | (26) | (824) | 91 | (344) | (655) (1,875) | |
$ 45,249 | $ 46,848 | $ 47,613 | $ 48,154 | $ 51,789 | $ 56,628 | $ 58,559 | $ 59,851 | $ 66,978 | $ 70,493 | $187,864 | $226,827 |
$123,305 $124,824 $122,930 $121,770 | $122,486 | $121,395 | $120,167 | $118,609 | $ 117,711 | $116,691 | $(199,401 | $482,657 | |||
$127,552 | $128,227 | $125,846 | $123,434 | $124,519 | $122,466 | $121,123 | $120,324 | $118,368 | $117,291 | $(187,171) $488,432 | |
$ 7,691 | $ 7,572 | $ 7,268 | $ 7,173 | $ 7,099 | $ 7,056 | $ 7,319 | $ 6,627 | $ 6,164 | $ 6,344 | $ 29,704 | $ 28,101 |
(419) | (304) | (272) | (218) | (147) | (89) | (82) | (79) | (84) | (79) | (1,213) (397) | |
- | - | 62 | - | - | - | - | - | - | - | 62 | - |
(100) | (156) | (130) | (195) | (353) | (443) | (649) | (88) | (105) | (214) | (581) (1,533) | |
$ 7,172 | $ 7,112 | $ 6,928 | $ 6,760 | $ 6,599 | $ 6,524 | $ 6,588 | $ 6,460 | $ 5,975 | $ 6,051 | $ 27,972 | $ 26,171 |
$ (2,345) $ (1,649) $ (1,845) $ (1,718) | $ (2,046) $ (2,055) $ (1,951) $ (1,556) | $ (1,340) | $ (2,127) | $(29,682) $ (7,608) | |||||||
$ (1,826) $ (1,189) $ (1,505) $ (1,305) | $ (1,546) $ (1,523) $ (1,220) $ (1,389) | $ (1,151) | $ (1,834) | $(27,950) $ (5,678) | |||||||
$120,960 $123,175 $121,085 $120,052 | $120,440 | $119,340 | $118,216 | $117,053 | $116,371 | $114,564 | $(229,083 $475,049 | ||||
$125,726 | $127,038 | $124,341 | $122,129 | $122,973 | $120,943 | $119,903 | $118,935 | $ 117,217 | $115,457 | $(215,121 | $482,754 |
$ 32,137 | $ 31,291 | $ 29,833 | $ 29,950 | $ 28,364 | $ 27,918 | $ 27,191 | $ 29,510 | $ 28,406 | $ 27,570 | $123,211 | $112,983 |
- | - | - | - | - | - | - | (103) | (283) | (283) | - (103) | |
(4,657) | (3,348) | (3,209) | (2,536) | (1,509) | (1,211) | (1,053) | (1,033) | (1,003) | (905) | (13,750) (4,806) | |
- | - | - | (8) | - | - | - | - | (349) | (216) | (8) - | |
- | - | 352 | - | - | - | - | (137) | - | - | 352 (137) | |
(39) | (413) | (547) | (1,312) | (861) | (85) | (612) | (1,992) | (1,291) | (933) | (2,311) (3,550) | |
$ 27,441 | $ 27,530 | $ 26,429 | $ 26,094 | $ 25,994 | $ 26,622 | $ 25,526 | $ 26,245 | $ 25,480 | $ 25,233 | $107,494 | $104,387 |
$ 67,106 | $ 64,867 | $ 65,644 | $ 66,844 | $ 68,184 | $ 63,835 | $ 60,513 | $ 59,872 | $ 58,750 | $ 56,146 | $264,461 | $252,404 |
(2,982) | (2,981) | (2,981) | (2,984) | (2,990) | (2,984) | (3,021) | (2,996) | (3,004) | (2,784) | (11,928) (11,991) | |
(3,258) | (2,305) | (2,373) | (2,145) | (2,071) | (1,823) | (945) | (1,400) | (1,261) | (1,353) | (10,081) (6,239) | |
- | - | - | - | - | - | - | - | (7) | (4) | - | - |
- | - | 335 | - | - | - | - | - | - | - | 335 | - |
(125) | (390) | (169) | (1,094) | (1,066) | (303) | (783) | (438) | (418) | (213) | (1,778) (2,590) | |
$ 60,741 | $ 59,191 | $ 60,456 | $ 60,621 | $ 62,057 | $ 58,725 | $ 55,764 | $ 55,038 | $ 54,060 | $ 51,792 | $241,009 | $231,584 |
GAAP general and administrative Amortization of acquired intangible assets
Stock-based compensation expense and related employer payroll taxes
Transaction-related costs Legal and regulatory cost
Severance, transition and related exit costs Non-GAAP general and administrative
GAAP Operating Expenses
Amortization of acquired intangible assets
Stock-based compensation expense and related employer payroll taxes
Transaction-related costs Legal and regulatory cost
Severance, transition and contract exit costs Impairment of long-lived assets
Non-GAAP Operating Expenses
Operating Profit (Loss):GAAP income (loss) from operations Amortization of acquired intangible assets
Stock-based compensation expense and related employer payroll taxes
Transaction-related costs Legal and regulatory costs
Severance, transition and contract exit costs Impairment of long-lived assets
Non-GAAP operating profit
Interest Expense:GAAP interest expense
Amortization of debt discount and issuance cost Capitalized interest
Non-GAAP interest expense
Other Income (Expenses):GAAP other income (expense), net Legal and regulatory costs
(Gain) loss on debt extinguishment (Gain) loss on warrants remeasurement (Loss) gain on sale of assets
Other income
Non-GAAP other income and expense
FY2025 | FY2026 | FY2027 | Fiscal Years |
Q1 Q2 Q3 Q4 | Q1 Q2 Q3 Q4 | Q1 Q2 | FY25 FY26 |
6/30/24 9/30/24 12/31/24 3/31/25 | 6/30/25 9/30/25 12/31/25 3/31/26 | 6/30/26 9/30/26 | 3/31/25 3/31/26 |
$ 23,091 $ 19,848 $ 16,629 $ 22,839 | $ 23,327 $ 22,238 $ 20,818 $ 24,341 | $ 24,836 $ 20,983 | $ 82,407 $ 90,724 |
- - - - | (4) (4) (50) (3) | (34) - | - (61) |
(3,651) (2,658) (3,058) (2,957) | (2,600) (2,163) (1,966) (2,014) | (1,756) (1,727) | (12,324) (8,743) |
(123) (193) (244) (533) | - - (196) (3,249) | (2,128) 418 | (1,093) (3,445) |
(548) 3,166 6,045 (102) | (835) (717) (927) (511) | (566) (501) | 8,561 (2,990) |
(1,335) (1,384) (1,004) (1,544) | (1,299) (1,082) (725) (676) | (1,562) (1,485) | (5,267) (3,782) |
$ 17,434 $ 18,779 $ 18,368 $ 17,703 | $ 18,589 $ 18,272 $ 16,954 $ 17,888 | $ 18,790 $ 17,688 | $ 72,284 $ 71,703 |
$122,334 $116,006 $112,106 $119,633 | $119,875 $113,991 $108,522 $113,723 | $111,992 $107,632 | $470,079 $456,111 |
(2,982) (2,981) (2,981) (2,984) | (2,994) (2,988) (3,071) (3,102) | (3,321) (3,067) | (11,928) (12,155) |
(11,566) (8,311) (8,640) (7,638) | (6,180) (5,197) (3,964) (4,447) | (4,020) (3,985) | (36,155) (19,788) |
(123) (193) (244) (541) | - - (196) (3,249) | (2,484) 198 | (1,101) (3,445) |
(548) 3,166 6,732 (102) | (835) (717) (927) (648) | (566) (501) | 9,248 (3,127) |
(1,499) (2,187) (1,720) (3,950) | (3,226) (1,470) (2,120) (3,106) | (3,271) (2,631) | (9,356) (9,922) |
- - - - | - - - - | - (2,933) | - - |
$105,616 $105,500 $105,253 $104,418 | $106,640 $103,619 $ 98,244 $ 99,171 | $ 98,330 $ 94,713 | $420,787 $407,674 |
$ (1,374) $ 7,169 $ 8,979 $ 419 | $ 565 $ 5,349 $ 9,694 $ 3,330 | $ 4,379 $ 6,932 | $ 15,193 $ 18,938 |
5,099 5,099 5,098 3,808 | 3,501 3,502 3,584 3,616 | 3,835 3,088 | 19,104 14,203 |
13,593 9,845 9,769 8,615 | 6,909 5,762 4,463 4,903 | 4,305 4,278 | 41,822 22,037 |
123 193 244 541 | - - 196 3,249 | 2,517 (177) | 1,101 3,445 |
548 (3,166) (6,849) 102 | 835 717 927 648 | 566 501 | (9,365) 3,127 |
2,121 2,398 1,847 4,226 | 4,523 1,994 2,795 4,018 | 3,285 3,189 | 10,592 13,330 |
- - - - | - - - - | - 2,933 | - - |
$ 20,110 $ 21,538 $ 19,088 $ 17,711 | $ 16,333 $ 17,324 $ 21,659 $ 19,764 | $ 18,887 $ 20,744 | $ 78,447 $ 75,080 |
$ (9,956) $ (7,905) $ (5,842) $ (5,153) | $ (3,968) $ (4,842) $ (4,587) $ (4,368) | $ (4,179) $ (4,207) | $(28,856) $ (17,765) |
1,062 656 427 321 | 336 362 361 310 | 330 354 | 2,466 1,369 |
- - - - | (926) - - - | - - | - (926) |
$ (8,894) $ (7,249) $ (5,415) $ (4,832) | $ (4,558) $ (4,480) $ (4,226) $ (4,058) | $ (3,849) $ (3,853) | $(26,390) $ (17,322) |
$ 1,716 $ (12,709) $ 793 $ (200) | $ 364 $ 468 $ 511 $ 1,010 | $ (408) $ 1,107 | $ (10,400) $ 2,353 |
- - - - | - - - - | - - | - - |
- 11,996 216 113 | 81 46 20 - | 44 - | 12,325 147 |
(1,747) (263) 813 (1,028) | (209) (37) (357) (261) | (71) 75 | (2,225) (864) |
- - - - | - - - - | - (66) | - - |
(116) (116) (116) - | - - - - | - - | (348) - |
$ (147) $ (1,092) $ 1,706 $ (1,115) | $ 236 $ 477 $ 174 $ 749 | $ (435) $ 1,116 | $ (648) $ 1,636 |
FY2025 | FY2026 | FY2027 | Fiscal Years | ||||||
Q1 | Q2 | Q3 | Q4 | Q1 Q2 | Q3 | Q4 | Q1 | Q2 | FY25 FY26 |
6/30/24 | 9/30/24 | 12/31/24 | 3/31/25 | 6/30/25 9/30/25 | 12/31/25 | 3/31/26 | 6/30/26 | 9/30/26 | 3/31/25 3/31/26 |
$ (10,290) | $ (14,543) | $ 3,022 | $ (5,401) | $ (4,315) $ 767 | $ 5,090 | $ 106 | $ (1,200) $ 3,388 | $ (27,212) $ 1,648 | |
5,099 | 5,099 | 5,098 | 3,808 | 3,501 3,502 | 3,584 | 3,616 | 3,835 3,088 | 19,104 14,203 | |
13,593 | 9,845 | 9,769 | 8,615 | 6,909 5,762 | 4,463 | 4,903 | 4,305 4,278 | 41,822 22,037 | |
123 | 193 | 244 | 541 | - - | 196 | 3,249 | 2,517 (177) | 1,101 3,445 | |
548 | (3,166) | (6,849) | 102 | 835 717 | 927 | 648 | 566 501 | (9,365) 3,127 | |
2,121 | 2,398 | 1,847 | 4,226 | 4,523 1,994 | 2,795 | 4,018 | 3,285 3,189 | 10,592 13,330 | |
- | - | - | - | - - | - | - | - 2,933 | - - | |
1,062 | 656 | 427 | 321 | 336 362 | 361 | 310 | 330 354 | 2,466 1,369 | |
- | 11,996 | 216 | 113 | 81 46 | 20 | - | 44 - | 12,325 147 | |
(1,747) | (263) | 813 | (1,028) | (209) (37) | (357) | (261) | (71) 75 | (2,225) (864) | |
- | - | - | - | - - | - | - | - (66) | - - | |
(116) | (116) | (116) | - | (926) - | - | - | - - | (348) (926) | |
- | - | - | - | - - | - | - | - - | - - | |
$ 10,393 | $ 12,099 | $ 14,471 | $ 11,297 | $ 10,735 $ 13,113 | $ 17,079 | $ 16,589 | $ 13,611 | $ 17,563 | $ 48,260 $ 57,516 |
8,894 | 7,249 | 5,415 | 4,832 | 4,558 4,480 | 4,226 | 4,058 | 3,849 | 3,853 | 26,390 17,322 |
676 | 1,098 | 908 | 467 | 1,276 208 | 528 | (134) | 992 | 444 | 3,149 1,878 |
1,908 | 1,848 | 1,866 | 1,765 | 1,690 1,701 | 1,689 | 1,529 | 1,410 | 1,343 | 7,387 6,609 |
3,758 | 3,264 | 2,959 | 2,748 | 2,673 3,012 | 2,919 | 2,852 | 2,856 | 2,826 | 12,729 11,456 |
147 | 1,092 | (1,706) | 1,115 | (236) (477) | (174) | (749) | 435 | (1,116) | 648 (1,636) |
$ 25,776 | $ 26,650 | $ 23,913 | $ 22,224 | $ 20,696 $ 22,037 | $ 26,267 | $ 24,145 | $ 23,153 | $ 24,913 | $ 98,563 $ 93,145 |
125,999 129,250 130,970 132,877 | 134,809 136,970 | 138,781 | 140,141 | 141,973 144,929 | 129,767 137,669 | ||||
127,433 131,294 135,742 138,678 | 138,569 141,561 | 142,926 | 145,399 | 147,065 146,349 | 133,654 142,629 | ||||
$ (0.08) $ (0.11) $ 0.02 $ (0.04) | $ (0.03) $ 0.01 | $ 0.04 | $ 0.00 | $ (0.01) $ 0.02 | $ (0.21) $ 0.01 | ||||
$ (0.08) $ (0.11) $ 0.02 $ (0.04) | $ (0.03) $ 0.01 | $ 0.04 | $ 0.00 | $ (0.01) $ 0.02 | $ (0.21) $ 0.01 | ||||
$ 0.08 $ 0.09 $ 0.11 $ 0.09 | $ 0.08 $ 0.10 | $ 0.12 | $ 0.12 | $ 0.10 $ 0.12 | $ 0.37 $ 0.42 | ||||
$ 0.08 $ 0.09 $ 0.11 $ 0.08 | $ 0.08 $ 0.09 | $ 0.12 | $ 0.11 | $ 0.09 $ 0.12 | $ 0.36 $ 0.40 | ||||
GAAP net income (loss)
Amortization of acquired intangible assets
Stock-based compensation expense and related employer payroll taxes
Transaction-related costs Legal and regulatory costs
Severance, transition and contract exit costs Impairment of long-lived assets
Amortization of debt discount and issuance cost (Gain) loss on debt extinguishment
(Gain) loss on warrants remeasurement (Loss) gain on sale of assets
Other income
Income tax expense effects, net Non-GAAP net income
Interest expense
Provision (benefit) for income taxes Depreciation
Amortization of capitalized internal-use software costs Other expense (income), net
Adjusted EBITDA
Shares used in computing net income (loss) per share amounts: Basic
Diluted
GAAP net income (loss) per share - Basic GAAP net income (loss) per share - Diluted Non-GAAP net income per share - Basic Non-GAAP net income per share - Diluted
