Alteryx Inc - Ordinary Shares (AYX) 10-Q2 Aug 222022 Q2 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	6 Months Ended
Cover Page - shares	Jun. 30, 2022	Jul. 26, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-38034
Entity Registrant Name	Alteryx, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	90-0673106
Entity Address, Address Line One	17200 Laguna Canyon Road,
Entity Address, City or Town	Irvine,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92618
City Area Code	888
Local Phone Number	836-4274
Title of 12(b) Security	Class A Common Stock, $0.0001 par value per share
Trading Symbol	AYX
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001689923
Current Fiscal Year End Date	--12-31
Class A common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		60,761,559
Class B common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		7,738,635

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue:
Total revenue	$ 180,623	$ 120,070	$ 338,564	$ 238,829
Cost of revenue:
Total cost of revenue	29,772	12,930	54,013	23,771
Gross profit	150,851	107,140	284,551	215,058
Operating expenses:
Research and development	57,077	30,866	107,227	62,188
Sales and marketing	133,195	77,656	248,805	149,563
General and administrative	56,450	33,666	115,890	67,166
Impairment of long-lived assets	0	0	8,239	0
Total operating expenses	246,722	142,188	480,161	278,917
Loss from operations	(95,871)	(35,048)	(195,610)	(63,859)
Interest expense	(2,447)	(9,635)	(4,837)	(19,233)
Other income (expense), net	(6,843)	2,056	(8,793)	802
Loss before provision for income taxes	(105,161)	(42,627)	(209,240)	(82,290)
Provision for income taxes	1,605	813	3,093	1,806
Net loss	$ (106,766)	$ (43,440)	$ (212,333)	$ (84,096)
Net loss per share attributable to common stockholders, basic (in dollars per share)	$ (1.56)	$ (0.65)	$ (3.12)	$ (1.25)
Net loss per share attributable to common stockholders, diluted (in dollars per share)	$ (1.56)	$ (0.65)	$ (3.12)	$ (1.25)
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic (in shares)	68,311	67,173	68,070	67,053
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted (in shares)	68,311	67,173	68,070	67,053
Other comprehensive income (loss), net of tax:
Net unrealized holding loss on investments, net of tax	$ (851)	$ (960)	$ (3,002)	$ (1,558)
Foreign currency translation adjustments	2,517	(240)	4,697	(902)
Other comprehensive income (loss), net of tax	1,666	(1,200)	1,695	(2,460)
Total comprehensive loss	(105,100)	(44,640)	(210,638)	(86,556)
Subscription-based software license
Revenue:
Total revenue	80,737	40,016	143,826	83,374
Cost of revenue:
Total cost of revenue	2,942	1,226	5,044	2,475
PCS and services
Revenue:
Total revenue	99,886	80,054	194,738	155,455
Cost of revenue:
Total cost of revenue	$ 26,830	$ 11,704	$ 48,969	$ 21,296

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 111,308	$ 152,375
Short-term investments	297,595	506,874
Accounts receivable, net	114,237	192,318
Prepaid expenses and other current assets	110,129	81,360
Total current assets	633,269	932,927
Property and equipment, net	74,549	71,270
Operating lease right-of-use assets	88,893	102,681
Long-term investments	102,756	343,213
Goodwill	399,898	57,415
Intangible assets, net	66,092	21,737
Other assets	90,830	70,445
Total assets	1,456,287	1,599,688
Current liabilities:
Accounts payable	30,531	8,086
Accrued payroll and payroll related liabilities	58,562	61,391
Accrued expenses and other current liabilities	55,702	53,917
Deferred revenue	174,248	208,154
Convertible senior notes, net	84,355	77,400
Total current liabilities	403,398	408,948
Convertible senior notes, net	791,458	686,016
Operating lease liabilities	70,584	78,784
Other liabilities	19,251	23,186
Total liabilities	1,284,691	1,196,934
Stockholders’ equity:
Preferred stock, $0.0001 par value: 10,000 shares authorized as of June 30, 2022 and December 31, 2021, respectively; no shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	0	0
Common stock, $0.0001 par value: 500,000 Class A shares authorized, 60,723 and 59,771 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively; 500,000 Class B shares authorized, 7,738 and 7,763 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	7	7
Additional paid-in capital	512,421	598,710
Accumulated deficit	(336,993)	(190,429)
Accumulated other comprehensive loss	(3,839)	(5,534)
Total stockholders’ equity	171,596	402,754
Total liabilities and stockholders’ equity	$ 1,456,287	$ 1,599,688

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Class A common stock
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	60,723,000	59,771,000
Common stock, shares outstanding (in shares)	60,723,000	59,771,000
Class B common stock
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	7,738,000	7,763,000
Common stock, shares outstanding (in shares)	7,738,000	7,763,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Additional Paid-in Capital	Additional Paid-in Capital Cumulative Effect, Period of Adoption, Adjustment	Accumulated Deficit	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Dec. 31, 2020			66,742
Beginning balance at Dec. 31, 2020	$ 476,791		$ 7	$ 489,025		$ (10,748)		$ (1,493)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued pursuant to restricted stock awards, net of tax withholdings related to vesting of restricted stock units (in shares)			204
Shares issued pursuant to restricted stock unit awards, net of tax withholdings related to vesting of restricted stock units	(13,071)			(13,071)
Exercise of stock options and issuance of shares in connection with employee stock purchase plan (in shares)			125
Exercise of stock options and issuance of shares in connection with employee stock purchase plan	5,243			5,243
Stock-based compensation	24,439			24,439
Cumulative translation adjustment	(662)							(662)
Unrealized gain (loss) on investments, net of tax	(598)							(598)
Net loss	(40,656)					(40,656)
Ending balance (in shares) at Mar. 31, 2021			67,071
Ending balance at Mar. 31, 2021	451,486		$ 7	505,636		(51,404)		(2,753)
Beginning balance (in shares) at Dec. 31, 2020			66,742
Beginning balance at Dec. 31, 2020	476,791		$ 7	489,025		(10,748)		(1,493)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative translation adjustment	(902)
Unrealized gain (loss) on investments, net of tax	(1,558)
Net loss	(84,096)
Ending balance (in shares) at Jun. 30, 2021			67,218
Ending balance at Jun. 30, 2021	431,634		$ 7	530,424		(94,844)		(3,953)
Beginning balance (in shares) at Mar. 31, 2021			67,071
Beginning balance at Mar. 31, 2021	451,486		$ 7	505,636		(51,404)		(2,753)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued pursuant to restricted stock awards, net of tax withholdings related to vesting of restricted stock units (in shares)			98
Shares issued pursuant to restricted stock unit awards, net of tax withholdings related to vesting of restricted stock units	(3,881)			(3,881)
Exercise of stock options and issuance of shares in connection with employee stock purchase plan (in shares)			49
Exercise of stock options and issuance of shares in connection with employee stock purchase plan	521			521
Stock-based compensation	28,148			28,148
Cumulative translation adjustment	(240)							(240)
Unrealized gain (loss) on investments, net of tax	(960)							(960)
Net loss	(43,440)					(43,440)
Ending balance (in shares) at Jun. 30, 2021			67,218
Ending balance at Jun. 30, 2021	431,634		$ 7	530,424		(94,844)		(3,953)
Beginning balance (in shares) at Dec. 31, 2021			67,534
Beginning balance at Dec. 31, 2021	402,754	$ (111,195)	$ 7	598,710	$ (176,964)	(190,429)	$ 65,769	(5,534)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued pursuant to restricted stock awards, net of tax withholdings related to vesting of restricted stock units (in shares)			434
Shares issued pursuant to restricted stock unit awards, net of tax withholdings related to vesting of restricted stock units	(14,126)			(14,126)
Exercise of stock options and issuance of shares in connection with employee stock purchase plan (in shares)			160
Exercise of stock options and issuance of shares in connection with employee stock purchase plan	4,741			4,741
Stock-based compensation	53,957			53,957
Cumulative translation adjustment	2,180							2,180
Unrealized gain (loss) on investments, net of tax	(2,151)							(2,151)
Net loss	(105,567)					(105,567)
Ending balance (in shares) at Mar. 31, 2022			68,128
Ending balance at Mar. 31, 2022	$ 230,593		$ 7	466,318		(230,227)		(5,505)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible List]	Accounting Standards Update 2020-06
Beginning balance (in shares) at Dec. 31, 2021			67,534
Beginning balance at Dec. 31, 2021	$ 402,754	$ (111,195)	$ 7	598,710	$ (176,964)	(190,429)	$ 65,769	(5,534)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative translation adjustment	4,697
Unrealized gain (loss) on investments, net of tax	(3,002)
Net loss	(212,333)
Ending balance (in shares) at Jun. 30, 2022			68,461
Ending balance at Jun. 30, 2022	171,596		$ 7	512,421		(336,993)		(3,839)
Beginning balance (in shares) at Mar. 31, 2022			68,128
Beginning balance at Mar. 31, 2022	230,593		$ 7	466,318		(230,227)		(5,505)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued pursuant to restricted stock awards, net of tax withholdings related to vesting of restricted stock units (in shares)			329
Shares issued pursuant to restricted stock unit awards, net of tax withholdings related to vesting of restricted stock units	(12,012)			(12,012)
Exercise of stock options and issuance of shares in connection with employee stock purchase plan (in shares)			4
Exercise of stock options and issuance of shares in connection with employee stock purchase plan	57			57
Stock-based compensation	58,058			58,058
Cumulative translation adjustment	2,517							2,517
Unrealized gain (loss) on investments, net of tax	(851)							(851)
Net loss	(106,766)					(106,766)
Ending balance (in shares) at Jun. 30, 2022			68,461
Ending balance at Jun. 30, 2022	$ 171,596		$ 7	$ 512,421		$ (336,993)		$ (3,839)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net loss	$ (212,333)	$ (84,096)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	17,060	7,386
Non-cash operating lease cost	10,115	7,081
Stock-based compensation	103,121	52,226
Amortization of discounts and premiums on investments, net	647	2,447
Amortization of debt discount and issuance costs	1,616	16,016
Deferred income taxes	1,455	875
Foreign currency remeasurement (gains) losses	10,283	(684)
Impairment of long-lived assets	8,239	0
Other non-cash operating activities, net	2,846	(471)
Changes in operating assets and liabilities, net of effect of business acquisitions:
Accounts receivable	81,299	47,801
Deferred commissions	(3,858)	277
Prepaid expenses, other current assets, and other assets	(41,254)	(29,501)
Accounts payable	19,796	9,149
Accrued payroll and payroll related liabilities	(11,949)	(8,587)
Accrued expenses, other current liabilities, operating lease liabilities, and other liabilities	(7,537)	(9,566)
Deferred revenue	(34,856)	5,485
Net cash provided by (used in) operating activities	(55,310)	15,838
Cash flows from investing activities:
Capitalized software development costs	(4,451)	(1,118)
Purchases of property and equipment	(12,779)	(10,294)
Cash paid in business acquisition, net of cash acquired	(389,769)	0
Purchases of investments	(82,552)	(486,514)
Sales and maturities of investments	527,222	606,012
Net cash provided by investing activities	37,671	108,086
Cash flows from financing activities:
Proceeds from exercise of stock options	4,798	5,764
Minimum tax withholding paid on behalf of employees for restricted stock units	(26,138)	(16,952)
Net cash used in financing activities	(21,340)	(11,188)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(2,088)	(226)
Net increase (decrease) in cash, cash equivalents and restricted cash	(41,067)	112,510
Cash, cash equivalents and restricted cash—beginning of period	154,623	173,665
Cash, cash equivalents and restricted cash—end of period	113,556	286,175
Supplemental disclosure of cash flow information:
Cash paid for interest	3,212	3,212
Cash paid for income taxes	1,578	1,303
Cash paid for amounts included in the measurement of operating lease liabilities	11,138	8,060
Supplemental disclosure of noncash investing and financing activities:
Property and equipment recorded in accounts payable and accrued expenses and other current liabilities	6,561	3,774
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 2,727	$ 40,294

Business

Business	6 Months Ended
Business	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business	Business Our Company Alteryx, Inc. and its subsidiaries, or we, our, or us, is a leader in Analytic Process Automation, or APA. The Alteryx Analytic Process Automation, or Alteryx APA, software platform unifies analytics, data science and business process automation in one self-service platform to accelerate digital transformation, deliver high-impact business outcomes, accelerate the democratization of data, and rapidly upskill modern workforces. Data workers, regardless of technical acumen, are empowered to be curious and solve problems. With the Alteryx APA software platform, users can automate the full range of analytics, data science and processes, embed intelligent decision-making and actions, and empower their organization to enable top and bottom line impact, efficiency gains, and rapid upskilling. Basis of Presentation Our unaudited interim condensed consolidated financial statements are presented in accordance with accounting standards generally accepted in the United States of America, or U.S. GAAP, for interim financial information. Certain information and disclosures normally included in consolidated financial statements presented in accordance with U.S. GAAP have been condensed or omitted. Accordingly, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the related notes included in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission, or SEC, on February 15, 2022. The unaudited interim condensed consolidated financial statements have been prepared on a basis consistent with that used to prepare the audited annual consolidated financial statements and reflect all adjustments which are, in the opinion of our management, of a normal recurring nature and necessary for a fair statement of the condensed consolidated financial statements. All intercompany accounts and transactions have been eliminated in consolidation. The operating results for the three and six months ended June 30, 2022 are not necessarily indicative of the results expected for the full year ending December 31, 2022.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
Significant Accounting Policies	Jun. 30, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Other than as described below, there have been no changes to our accounting policies disclosed in our audited consolidated financial statements and the related notes for the year ended December 31, 2021. Use of Estimates The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates and assumptions. On an ongoing basis, our management evaluates these estimates and assumptions, including those related to determination of standalone selling prices of our products and services, income tax valuations, stock-based compensation, and goodwill and intangible assets valuations and recoverability. We base our estimates on historical data and experience, as well as various other factors that our management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities. Operating Segments Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by the Chief Operating Decision Maker, or CODM, who is our chief executive officer, in deciding how to allocate resources and assess our financial and operational performance. Our CODM evaluates our financial information and resources and assesses the performance of these resources on a consolidated and aggregated basis. As a result, we have determined that our business operates in a single operating segment. Recently Adopted Accounting Pronouncements In August 2020, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU, 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity , or ASU 2020-06, which simplifies the accounting for convertible instruments by removing certain separation models required under current U.S. GAAP, including the beneficial conversion feature and cash conversion models. ASU 2020-06 removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception, and it requires the use of the if-converted method when calculating diluted earnings per share. This guidance became effective for us for annual reporting periods beginning after December 15, 2021 and for interim periods within those annual periods, and can be applied utilizing either a modified or full retrospective transition method. We have historically accounted for our Notes (as defined and described in Note 8 , Convertible Senior Notes ) utilizing the cash conversion model. Effective January 1, 2022, we adopted ASU 2020-06 In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers

Revenue

Revenue	6 Months Ended
Revenue	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Disaggregation of Revenue The disaggregation of revenue by region was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Revenue by region: United States $ 129,501 $ 81,060 $ 239,534 $ 158,297 International 51,122 39,010 99,030 80,532 Total $ 180,623 $ 120,070 $ 338,564 $ 238,829 Revenue attributable to the United Kingdom comprised 10.1% and 11.6% of the total revenue for the three and six months ended June 30, 2021, respectively. Other than the United Kingdom for the three and six months ended June 30, 2021, no other country outside the United States comprised more than 10% of revenue for any of the periods presented. Our operations outside the United States include sales offices in Australia, Canada, France, Germany, Japan, Singapore, Spain, the United Arab Emirates, and the United Kingdom, and research and development centers in Australia, the Czech Republic, India, and Ukraine. Revenue by location is determined by the billing address of the customer. Revenue related to our subscription-based software licenses is recognized at a point in time when the platform is first made available to the customer, or the beginning of the subscription term, if later. Revenue related to post-contract support, or PCS, service, hosted offerings, and subscriptions to third-party syndicated data is recognized ratably over the subscription term, with the exception of professional services related to training services. Revenue related to professional services is recognized at a point in time as the services are performed and represents less than 5% of total revenue for all periods presented. Contract Assets and Contract Liabilities Timing may differ between the satisfaction of performance obligations and the invoicing and collection of amounts related to our contracts with customers. Contract assets primarily relate to unbilled amounts for contracts with customers for which the amount of revenue recognized exceeds the amount billed to the customer. Contract assets are transferred to accounts receivable when the right to invoice becomes unconditional. Contract liabilities, or deferred revenue, are recorded for amounts that are collected in advance of the satisfaction of performance obligations. As of June 30, 2022, our contract assets are expected to be transferred to receivables within the next 12 to 24 months and, with respect to these contract assets, $35.6 million is included in prepaid expenses and other current assets and $40.7 million is included in other assets on our condensed consolidated balance sheet. As of December 31, 2021, we had contract assets of $22.0 million included in prepaid expenses and other current assets and $20.5 million included in other assets on our consolidated balance sheet. There were no impairments of contract assets during each of the three and six months ended June 30, 2022 and 2021. As of June 30, 2022, we had deferred revenue of $174.2 million included in current deferred revenue and $6.6 million included in other liabilities on our condensed consolidated balance sheet. As of December 31, 2021, we had deferred revenue of $208.2 million included in current deferred revenue and $2.7 million included in other liabilities on our consolidated balance sheet. During the six months ended June 30, 2022 and 2021, we recognized $139.6 million and $80.5 million, respectively, of revenue related to amounts that were included in deferred revenue as of December 31, 2021 and 2020, respectively. During the three months ended June 30, 2022 and 2021, we recognized $77.8 million and $41.8 million, respectively, of revenue related to amounts that were included in deferred revenue as of March 31, 2022 and 2021, respectively. We recognize an asset for the incremental costs of obtaining a contract with a customer if we expect the benefit of those costs to be longer than one year. This primarily consists of sales commissions and partner referral fees that are earned upon execution of the related contracts. We amortize these deferred commissions, which include partner referral fees, proportionate with related revenues over the benefit period. A summary of the activity impacting our deferred commissions during the three and six months ended June 30, 2022 and 2021 is presented below (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Beginning balance (1) $ 67,471 $ 50,627 $ 69,817 $ 51,186 Additional deferred commissions 22,015 10,722 32,987 19,731 Amortization of deferred commissions (2) (17,361) (10,429) (30,389) (19,988) Effects of foreign currency translation (1,118) (51) (1,408) (60) Ending balance $ 71,007 $ 50,869 $ 71,007 $ 50,869 (1) Of the amount of commissions deferred as of January 1, 2022, $6.3 million was paid in shares of the Company’s Class A common stock in the six months ended June 30, 2022. No payments were made in shares in the three months ended June 30, 2022. (2) Of the amount amortized from deferred commissions during the three and six months ended June 30, 2022, $0.4 million and $0.6 million, respectively, were paid in shares of the Company’s Class A common stock and are included in stock-based compensation. As of June 30, 2022 and 2021, $31.3 million and $26.0 million, respectively, of our deferred commissions were expected to be amortized within the next 12 months and therefore were included in prepaid expenses and other current assets. The remaining amount of our deferred commissions is included in other assets. There were no impairments of assets related to deferred commissions during each of the three and six months ended June 30, 2022 and 2021. There were no assets recognized related to the costs to fulfill contracts during each of the three and six months ended June 30, 2022 and 2021 as these costs were not material. Remaining Performance Obligations Transaction price allocated to the remaining performance obligations represents contracted revenue that has not yet been recognized, which includes deferred revenue on our condensed consolidated balance sheets and unbilled amounts that will be recognized as revenue in future periods. As of June 30, 2022, we had an aggregate transaction price of $495.0 million allocated to unsatisfied performance obligations related primarily to PCS, hosted offerings, and subscriptions to third-party syndicated data. We expect to recognize $456.8 million as revenue over the next 24 months, with the remaining amount recognized thereafter.

Business Combinations

Business Combinations	6 Months Ended
Business Combinations	Jun. 30, 2022
Business Combinations [Abstract]
Business Combinations	Business Combinations 2022 Acquisitions Trifacta Inc. On February 7, 2022, we acquired 100% of the outstanding equity of Trifacta Inc., or Trifacta, pursuant to an Agreement and Plan of Merger, dated January 6, 2022, or the Trifacta Merger Agreement. The acquisition was made to augment our product and go-to-market teams and acquire developed technology to advance our cloud-based functionalities. The aggregate consideration payable in exchange for all of the outstanding equity interests in Trifacta, subject to customary adjustments set forth in the Trifacta Merger Agreement, was $403.1 million. While certain purchase price adjustments were completed as of the closing, additional customary adjustments may be effected pursuant to the terms of the Trifacta Merger Agreement post-closing. In connection with the acquisition, we entered into employment and share-based compensation agreements with certain employees of Trifacta, which include up to $75.0 million in equity-based incentive awards, subject to continued employment over a period of 36 months. We additionally held back $9.2 million of the purchase price that will vest and become payable to certain key employees in three annual installments based on each such employee’s continued service. As both the awards and hold back arrangements are subject to the continued employment of the employees, they were excluded from the purchase consideration and will be recognized as post-acquisition compensation. The transaction costs associated with the acquisition were approximately $11.3 million, of which $7.8 million was incurred during the six months ended June 30, 2022 and was recorded in general and administrative expense. We accounted for the acquisition using the acquisition method of accounting, which requires the assets acquired and liabilities assumed to be recorded at the date of acquisition at their respective estimated fair values. The preliminary allocation of purchase consideration to the estimated fair values of the assets acquired and liabilities assumed as of the date of acquisition is as follows (in thousands): Fair Value Cash and cash equivalents $ 13,360 Accounts receivable, net 6,702 Other current and non-current assets 13,537 Goodwill 343,134 Intangible assets, net 51,000 Accounts payable, accrued expenses and other current and non-current liabilities (15,808) Deferred revenue (8,796) Net assets acquired $ 403,129 The excess of the purchase consideration over the fair value of other assets acquired and liabilities assumed was recorded as goodwill. The resulting goodwill is primarily attributed to the assembled workforce and expanded market opportunities, including integrating the Trifacta product offering with existing Company product offerings. The goodwill has no basis for U.S. income tax purposes. The fair values assigned to assets acquired and liabilities assumed are preliminary based on management’s estimates and assumptions and may be subject to change as additional information is received and certain tax matters are finalized. The following table sets forth the fair values of the components of identifiable intangible assets acquired (in thousands) and their estimated useful lives (in years) as of the date of acquisition: Fair Value Useful Life Completed technology $ 48,500 7 Customer relationships 1,000 3 Trade names 1,500 3 Total intangible assets subject to amortization $ 51,000 We determined the fair value of the developed technology acquired using the multi-period excess earnings model, which is a variation of the income approach that estimates the value of the assets based on the present value of the incremental after-tax cash flow attributable only to the intangible assets. This model utilizes certain unobservable inputs classified as Level 3 measurements as defined by ASC 820, Fair Value Measurements and Disclosures , or ASC 820. Key inputs utilized in the models include a discount rate of 16.5% and estimated revenue and expense forecasts. The operations of Trifacta are included in our operating results from the date of acquisition. We have not disclosed the amount of revenue or earnings related to the Trifacta acquisition as the operations of Trifacta were integrated into the operations of our company from the date of acquisition, and thus it would be immaterial or impractical to do so. In addition, the unaudited pro forma results of operations assuming the Trifacta acquisition had taken place at the beginning of each period are not provided as the historical operating results of Trifacta were not material. 2021 Acquisitions Hyper Anna Pty. Ltd. On October 6, 2021, we acquired 100% of the outstanding equity of Hyper Anna Pty. Ltd., or Hyper Anna, pursuant to an Agreement for the Sale and Purchase of Shares, dated as of October 6, 2021, or the Hyper Anna Purchase Agreement. The acquisition was made to augment our research and development team and acquire certain developed technology. The aggregate consideration payable in exchange for all of the outstanding equity interests in Hyper Anna, net of customary adjustments set forth in the Hyper Anna Purchase Agreement, was $24.9 million in cash. This includes $3.0 million and $2.0 million of cash consideration held back for customary indemnification matters for a period of 24 months and 36 months, respectively, following the acquisition date. In connection with the acquisition, we entered into employment agreements with certain employees from Hyper Anna, which include up to $16.8 million in equity incentive awards based on continued employment over a period of 36 months. As the awards are subject to the continued employment of the employees, they were excluded from the purchase consideration, and will be recognized as post-acquisition compensation. The purchase consideration for the acquisition of $24.9 million consisted of $10.6 million in developed technology, which is tax deductible; $10.5 million of goodwill; and $3.8 million of net assets assumed. We determined the fair value of the developed technology acquired using the multi-period excess earnings model, which is a variation of the income approach that estimates the value of the assets based on the present value of the incremental after-tax cash flow attributable only to the intangible assets. This model utilizes certain unobservable inputs classified as Level 3 measurements as defined by ASC 820. Key inputs utilized in the models include a discount rate of 29% and estimated revenue and expense forecasts. Based on the valuation model, we determined the fair value of the developed technology to be $10.6 million with an amortization period of 7 years. Lore IO, Inc. On October 21, 2021, we acquired 100% of the outstanding equity of Lore IO, Inc., or Lore IO, pursuant to an Agreement and Plan of Merger, dated as of October 18, 2021, or the Lore IO Merger Agreement. The acquisition was made to augment our research and development team. The aggregate consideration payable in exchange for all of the outstanding equity interests of Lore IO was $10.0 million in cash, subject to customary adjustments set forth in the Lore IO Merger Agreement. In connection with the acquisition, we entered into employment agreements with certain employees from Lore IO, which include up to $11.1 million in equity incentive awards based on continued employment over a period of 36 months. As the awards are subject to the continued employment of the employees, they were excluded from the purchase consideration and will be recognized as post-acquisition compensation. The purchase consideration for the acquisition of $10.0 million consisted of $10.0 million of goodwill, which is not tax deductible, and immaterial net assets assumed.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Instruments Measured at Fair Value on a Recurring Basis. The following tables present our cash and cash equivalents’ and investments’ costs, gross unrealized gains (losses), and fair value by major security type recorded as cash and cash equivalents or short-term or long-term investments as of June 30, 2022 and December 31, 2021 (in thousands): As of June 30, 2022 Cost Net Fair Value Cash and Short-term Long-term Cash $ 54,947 $ — $ 54,947 $ 54,947 $ — $ — Level 1: Money market funds $ 28,893 $ — $ 28,893 $ 28,893 $ — $ — Subtotal $ 28,893 $ — $ 28,893 $ 28,893 $ — $ — Level 2: Commercial paper $ 127,929 $ (385) $ 127,544 $ 27,468 $ 100,076 $ — Certificates of deposit 3,500 (64) 3,436 — 3,436 — U.S. Treasury and agency bonds 248,467 (3,523) 244,944 — 157,971 86,973 Corporate bonds 51,989 (844) 51,145 — 36,112 15,033 Subtotal $ 431,885 $ (4,816) $ 427,069 $ 27,468 $ 297,595 $ 102,006 Level 3: $ — $ — $ — $ — $ — $ — Total $ 515,725 $ (4,816) $ 510,909 $ 111,308 $ 297,595 $ 102,006 As of December 31, 2021 Cost Net Fair Value Cash and Short-term Long-term Cash $ 68,579 $ — $ 68,579 $ 68,579 $ — $ — Level 1: Money market funds $ 15,382 $ — $ 15,382 $ 15,382 $ — $ — Subtotal $ 15,382 $ — $ 15,382 $ 15,382 $ — $ — Level 2: Commercial paper $ 308,250 $ (97) $ 308,153 $ 68,414 $ 239,739 $ — Certificates of deposit 3,500 (3) 3,497 — — 3,497 U.S. Treasury and agency bonds 459,960 (1,264) 458,696 — 189,243 269,453 Corporate bonds 148,605 (450) 148,155 — 77,892 70,263 Subtotal $ 920,315 $ (1,814) $ 918,501 $ 68,414 $ 506,874 $ 343,213 Level 3: $ — $ — $ — $ — $ — $ — Total $ 1,004,276 $ (1,814) $ 1,002,462 $ 152,375 $ 506,874 $ 343,213 All long-term investments had maturities between one As of June 30, 2022, we had gross unrealized losses of $4.9 million with respect to our available-for-sale securities, and we do not intend to sell, nor is it more likely than not that we will be required to sell, these investments before recovery of their amortized cost basis. These gross unrealized losses were classified in accumulated other comprehensive loss in our condensed consolidated balance sheets as of June 30, 2022.

Allowance for Doubtful Accounts

Allowance for Doubtful Accounts and Sales Reserves	6 Months Ended
Allowance for Doubtful Accounts and Sales Reserves	Jun. 30, 2022
Credit Loss [Abstract]
Allowance for Doubtful Accounts and Sales Reserves	Allowance for Doubtful Accounts and Sales Reserves The following table summarizes the changes in the allowance for doubtful accounts and sales reserve included in accounts receivable and contract assets in our condensed consolidated balance sheets (in thousands): Accounts Receivable Reserve Contract Asset Reserve Six Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Beginning Balance $ 3,546 $ 3,114 $ 1,479 $ 2,438 Provision 968 605 655 470 Recoveries (237) (482) (8) (74) Charge-offs (584) (260) (39) (31) Ending Balance $ 3,693 $ 2,977 $ 2,087 $ 2,803

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
Goodwill and Intangible Assets	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The change in carrying amount of goodwill for the six months ended June 30, 2022 was as follows (in thousands): Goodwill as of December 31, 2021 $ 57,415 Goodwill recorded in connection with acquisition 343,134 Effects of foreign currency translation (651) Goodwill as of June 30, 2022 $ 399,898 Intangible assets consisted of the following (in thousands, except years): As of June 30, 2022 Remaining Weighted-Average Useful Life in Years Gross Carrying Accumulated Net Carrying Customer relationships 2.6 $ 2,477 $ (1,053) $ 1,424 Completed technology 6.1 80,184 (16,819) 63,365 Trade names 2.6 1,500 (197) 1,303 $ 84,161 $ (18,069) $ 66,092 As of December 31, 2021 Remaining Weighted-Average Useful Life in Years Gross Carrying Accumulated Net Carrying Customer relationships 3.1 $ 1,557 $ (862) $ 695 Completed technology 5.1 32,337 (11,295) 21,042 $ 33,894 $ (12,157) $ 21,737 We classified intangible asset amortization expense in the accompanying condensed consolidated statements of operations and comprehensive loss as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Cost of revenue $ 3,326 $ 1,094 $ 5,638 $ 2,176 Sales and marketing 342 59 437 117 Total $ 3,668 $ 1,153 $ 6,075 $ 2,293 The following table presents our estimates of remaining amortization expense for finite-lived intangible assets at June 30, 2022 (in thousands): Remainder of 2022 $ 6,939 2023 11,772 2024 11,121 2025 9,810 2026 9,338 Thereafter 17,112 Total amortization expense $ 66,092

Convertible Senior Notes

Convertible Senior Notes	6 Months Ended
Convertible Senior Notes	Jun. 30, 2022
Debt Disclosure [Abstract]
Convertible Senior Notes	Convertible Senior Notes The following table presents details of our convertible senior notes, which are further discussed below (original principal in thousands): Month Issued Maturity Date Original Principal (including over-allotment) Coupon Interest Rate Effective Interest Rate (1) Conversion Rate Initial Conversion Price 2023 Notes May and June 2018 June 1, 2023 $ 230,000 0.5 % 1.01 % $ 22.5572 $ 44.33 2024 Notes August 2019 August 1, 2024 $ 400,000 0.5 % 0.93 % $ 5.2809 $ 189.36 2026 Notes August 2019 August 1, 2026 $ 400,000 1.0 % 1.32 % $ 5.2809 $ 189.36 (1) Prior to the adoption of ASU 2020-06, our effective interest rates were 7.00% for the 2023 Notes, 4.96% for the 2024 Notes, and 5.41% for the 2026 Notes due to the discount on the Notes related to the component previously allocated to equity. As further defined and described below, the 2024 Notes and the 2026 Notes are together referred to as the 2024 & 2026 Notes, and the 2023 Notes and the 2024 & 2026 Notes are collectively referred to as the Notes. In May and June 2018, we sold $230.0 million aggregate principal amount of our 0.50% Convertible Senior Notes due 2023, or the 2023 Notes, including the initial purchasers’ exercise in full of their option to purchase an additional $30.0 million of the 2023 Notes, in a private offering to qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended, or the Securities Act. The 2023 Notes are our senior, unsecured obligations, and interest is payable semi-annually in arrears on June 1 and December 1 of each year beginning December 1, 2018. In August 2019, we sold $400.0 million aggregate principal amount of our 0.50% Convertible Senior Notes due 2024, or the 2024 Notes, and $400.0 million aggregate principal amount of our 1.00% Convertible Senior Notes due 2026, or the 2026 Notes, including the initial purchasers’ exercise in full of their options to purchase an additional $50.0 million of the 2024 Notes and an additional $50.0 million of the 2026 Notes, in a private offering to qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act. The 2024 & 2026 Notes are our senior, unsecured obligations, and interest is payable semi-annually in arrears on February 1 and August 1 of each year beginning February 1, 2020. Prior to the close of business on the business day immediately preceding March 1, 2023, or the 2023 Conversion Date, in the case of the 2023 Notes, or May 1, 2024, or the 2024 Conversion Date, in the case of the 2024 Notes, or May 1, 2026, or the 2026 Conversion Date, in the case of the 2026 Notes, the respective Notes are convertible at the option of holders only upon satisfaction of certain conditions and during certain periods, and thereafter, at any time until the close of business on the second scheduled trading day immediately preceding the relevant maturity date. The applicable conversion rate is subject to customary adjustments for certain events as described in the applicable indenture between us and U.S. Bank National Association, as trustee, or, collectively, the Indentures. Upon conversion, the Notes may be settled in shares of our Class A common stock, cash or a combination of cash and shares of our Class A common stock, at our election. It is our current intent to settle the principal amount of the Notes with cash. During the years ended December 31, 2019 and 2020, a portion of the 2023 Notes were exchanged, as further discussed below. Prior to the close of business on the business day immediately preceding the applicable Conversion Date, the applicable series of Notes is convertible at the option of the holders under the following circumstances: • during any calendar quarter commencing after the calendar quarter subsequent to the calendar quarter in which the applicable series of Notes was issued (and only during such calendar quarter), if the last reported sale price of our Class A common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the applicable conversion price of the applicable series of Notes on each applicable trading day; • during the five business day period after any five consecutive trading day period in which the trading price per $1,000 principal amount of the applicable series of Notes for each day of that five day consecutive trading day period was less than 98% of the product of the last reported sale price of our Class A common stock and the applicable conversion rate of the applicable series of Notes on such applicable trading day; or • upon the occurrence of specified corporate events described in the applicable Indenture. While the 2023 Notes have, from time to time, been convertible at the option of the holders as a result of meeting one or more of the triggers described above, as of June 30, 2022, none of the above triggers were met for any series of Notes. Accordingly, no Notes are convertible at the option of the holders during the quarter ending September 30, 2022. As the 2023 Notes mature on June 1, 2023, they were classified as current liabilities on the condensed consolidated balance sheet as of June 30, 2022. As of June 30, 2022, the if-converted value of the 2023 Notes exceeded its principal amount by $7.8 million and the if-converted values of the 2024 & 2026 Notes did not exceed their respective principal amounts. We may not redeem any series of Notes prior to the relevant maturity date. Holders of any series of Notes have the right to require us to repurchase for cash all or a portion of their applicable series of Notes, at 100% of its respective principal amount, plus any accrued and unpaid interest, upon the occurrence of a fundamental change as defined in the applicable Indenture for such series of Notes. We are also required to increase the conversion rate for holders who convert their Notes in connection with certain corporate events occurring prior to the relevant maturity date. The Notes are our senior unsecured obligations and rank senior in right of payment to any of our indebtedness and other liabilities that are expressly subordinated in right of payment to the Notes, equal in right of payment among all series of Notes and to any other existing and future indebtedness and other liabilities that are not subordinated, effectively junior in right of payment to any of our secured indebtedness and other liabilities to the extent of the value of the assets securing such indebtedness and other liabilities, and structurally junior in right of payment to all of our existing and future indebtedness and other liabilities (including trade payables) of our current or future subsidiaries. Capped Call Transactions In connection with the pricing of the 2023 Notes, we entered into privately negotiated capped call transactions with an affiliate of one of the initial purchasers of the 2023 Notes and other financial institutions. In connection with the pricing of the 2024 & 2026 Notes, we entered into privately negotiated capped call transactions with other financial institutions. The capped call transactions are expected generally to reduce or offset potential dilution to holders of our common stock and/or offset the potential cash payments that we could be required to make in excess of the principal amount upon any conversion of the applicable series of Notes under certain circumstances, with such reduction and/or offset subject to a cap based on the cap price. Under the capped call transactions, we purchased capped call options that in the aggregate relate to the total number of shares of our Class A common stock underlying the applicable series of Notes, with an initial strike price of approximately $44.33 per share in the case of the 2023 Notes, which corresponds to the initial conversion price of the 2023 Notes, and approximately $189.36 per share in the case of the 2024 & 2026 Notes, which corresponds to the initial conversion price of each of the 2024 & 2026 Notes. Further, the capped call options are subject to anti-dilution adjustments substantially similar to those applicable to the conversion rate of the applicable series of Notes, and have a cap price of $62.22 per share in the case of the 2023 Notes, and $315.60 per share in the case of the 2024 & 2026 Notes. The cost of the purchased capped calls of $19.1 million in the case of the 2023 Notes and $87.4 million in the case of the 2024 & 2026 Notes was recorded as a reduction to additional paid-in-capital. We elected to integrate the applicable capped call options with the applicable series of Notes for federal income tax purposes pursuant to applicable U.S. Treasury Regulations. Accordingly, the $19.1 million gross cost of the purchased capped calls in the case of the 2023 Notes and the $87.4 million gross cost of the purchased capped calls in the case of the 2024 & 2026 Notes will be deductible for income tax purposes as original discount interest over the term of the 2023 Notes and the applicable series of the 2024 & 2026 Notes, respectively. We recorded deferred tax assets of $4.6 million with respect to the 2023 Notes and $20.9 million with respect to the 2024 & 2026 Notes, which represent the tax benefit of these deductions with an offsetting entry to additional paid-in capital. These deferred tax assets, as adjusted for activity through December 31, 2021, were written off as part of the ASU 2020-06 implementation. In connection with the exchange agreements discussed below, we terminated a corresponding portion of the existing capped call transactions that we entered into in connection with the issuance of the 2023 Notes, which resulted in the net share settlement and our receipt and retirement of 285,466 shares of Class A common stock. Exchange of 2023 Notes In connection with the issuance of the 2024 & 2026 Notes discussed above, during the year ended December 31, 2019, we entered into exchange agreements with certain holders of our outstanding 2023 Notes and, using a portion of the net proceeds from the issuance of the 2024 & 2026 Notes, we exchanged $145.2 million principal amount, together with accrued and unpaid interest thereon, of the 2023 Notes for aggregate consideration of $145.4 million in cash, representing the principal and accrued interest of the exchanged 2023 Notes, and 2.2 million shares of Class A common stock. Other than this exchange, we have received immaterial requests for conversion since the 2023 Notes initially became convertible but did not receive any additional requests for conversion during the three and six months ended June 30, 2022. The Notes consisted of the following (in thousands): As of June 30, 2022 As of December 31, 2021 2023 Notes 2024 Notes 2026 Notes 2023 Notes 2024 Notes 2026 Notes Liability: Principal $ 84,748 $ 400,000 $ 400,000 $ 84,748 $ 400,000 $ 400,000 Less: debt discount and issuance costs, net of amortization (1) (393) (3,554) (4,988) (7,348) (42,941) (71,043) Net carrying amount $ 84,355 $ 396,446 $ 395,012 $ 77,400 $ 357,059 $ 328,957 Equity, net of issuance costs (2) $ — $ — $ — $ 46,473 $ 69,749 $ 93,380 (1) As of December 31, 2021, the debt discount component, net of amortization, which is not applicable under ASU 2020-06, was $6.7 million for the 2023 Notes, $38.6 million for the 2024 Notes, and $65.5 million for the 2026 Notes. See Note 2, Significant Accounting Policies , for additional information related to the adoption of this accounting standard. (2) Not applicable under ASU 2020-06. See Note 2, Significant Accounting Policies , for additional information related to the adoption of this accounting standard. The following table sets forth interest expense recognized related to the Notes (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Contractual interest expense $ 1,606 $ 1,606 $ 3,212 $ 3,212 Amortization of debt issuance costs and discount (1) 836 8,024 1,616 16,016 Total $ 2,442 $ 9,630 $ 4,828 $ 19,228 (1) The aggregate amortization expense related to the equity component of our Notes, which is not applicable under ASU 2020-06, for the three and six months ended June 30, 2021 was $7.2 million and 14.5 million, respectively. The following table sets forth future contractual obligations of contractual interest and principal related to the Notes (in thousands): Payments Due by Period Remainder of 2022 $ 3,212 2023 90,960 2024 406,000 2025 4,000 2026 404,000 Total principal and related contractual interest $ 908,172

Equity Awards

Equity Awards	6 Months Ended
Equity Awards	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Equity Awards	Equity Awards Stock Options Stock option activity during the six months ended June 30, 2022 consisted of the following (in thousands, except weighted-average information): Options Weighted- Options outstanding at December 31, 2021 2,008 $ 65.05 Granted — — Exercised (73) 11.17 Canceled/forfeited (107) 113.75 Options outstanding at June 30, 2022 1,828 $ 64.37 There were no options granted during the six months ended June 30, 2022. As of June 30, 2022, there was $16.7 million of unrecognized compensation cost related to unvested stock options, which is expected to be recognized over a weighted-average period of 1.4 years. Restricted Stock Units Restricted stock unit, or RSU, and performance-based RSU, or PRSU, activity during the six months ended June 30, 2022 consisted of the following (in thousands, except weighted-average information): Awards Outstanding (1) Weighted- Average Grant Date Fair Value (1) RSUs outstanding at December 31, 2021 3,693 $ 85.64 Granted 7,949 49.71 Vested (1,182) 75.04 Canceled/forfeited (636) 76.76 RSUs outstanding at June 30, 2022 9,824 $ 58.41 (1) The table above includes restricted stock units with market, performance, and/or service conditions. In March 2022, we granted 3.0 million market-based PRSUs to certain executives. These awards have an explicit service period of two years and a market performance period of seven years. The awards have six tranches, each representing a separate stock price hurdle. Provided the relevant stock price hurdle is met, each tranche will vest on the later of the (i) second anniversary of the grant date and (ii) certification date once the performance goal is achieved. The performance goal is defined as when the 60-trading day volume-weighted average price, or VWAP, equals or exceeds the relevant stock price hurdle. Awards subject to market conditions are valued on the date of grant using a Monte Carlo simulation valuation model. The grant date fair value of the market-based PRSUs, measured using a Monte Carlo simulation valuation model, was $109.7 million. The derived service period was also determined through use of the simulation model. Compensation cost associated with awards granted with market-based vesting conditions is recognized over the requisite service period for each tranche using the accelerated attribution method. The fair values of the market-based PRSUs granted have been estimated utilizing the following assumptions: Underlying stock price at valuation date $ 54.24 Estimated volatility 53 % Risk-free interest rate 2 % Simulation term (in years) 7 In February 2022, we also granted PRSUs to certain executives with a grant date fair value of $5.3 million. These PRSUs are subject to vesting based on performance and service conditions and, assuming such conditions are met, will vest quarterly beginning in 2023 based upon the percentage achievement of certain annual recurring revenue targets or will otherwise be forfeited on December 31, 2022 if the targets are not met. As of June 30, 2022, total unrecognized compensation expense related to unvested RSUs and PRSUs, including the market-based PRSUs described above, was approximately $485.0 million, which is expected to be recognized over a weighted-average period of 2.4 years. We classified stock-based compensation expense in the accompanying condensed consolidated statements of operations and comprehensive loss as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Cost of revenue $ 4,521 $ 1,293 $ 7,925 $ 2,401 Research and development 14,698 7,330 25,872 13,655 Sales and marketing 19,174 8,042 34,394 15,087 General and administrative 19,566 11,122 34,930 21,083 Total $ 57,959 $ 27,787 $ 103,121 $ 52,226

Leases

Leases	6 Months Ended
Leases	Jun. 30, 2022
Leases [Abstract]
Leases	Leases We have various non-cancelable operating leases for our corporate offices in California, Colorado, Massachusetts, Michigan, New York and Texas in the United States and Australia, Canada, the Czech Republic, France, Germany, Japan, Singapore, Ukraine, the United Arab Emirates, and the United Kingdom. These leases expire at various times through 2029. Certain lease agreements contain renewal options, rent abatement, and escalation clauses that are factored into our determination of lease payments when appropriate. In March 2022, we ceased use of our previous corporate headquarters in Irvine, California and entered into a new sublease agreement for the remaining term of the underlying lease. As a result, we performed a recoverability test by comparing the future cash flows attributable to the asset group to the carrying value of the long-lived assets, including the right-of-use asset and fixed assets utilized by this facility. Based on this evaluation, we determined that long-lived assets with a carrying value of $11.6 million were no longer recoverable and recorded a right-of-use asset and fixed asset impairment of $6.1 million and $2.1 million, respectively. Lease Costs The following lease costs were included in our condensed consolidated statements of operations and comprehensive loss as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Operating lease cost $ 5,926 $ 5,000 $ 12,154 $ 8,876 Short-term lease cost 156 16 300 41 Variable lease cost 1,424 1,020 2,656 2,173 Total lease cost $ 7,506 $ 6,036 $ 15,110 $ 11,090 Supplemental Information The table below presents supplemental balance sheet information related to operating leases: As of June 30, 2022 December 31, 2021 Weighted-average remaining lease term (in years) 4.9 5.3 Weighted-average discount rate 4.53 % 4.57 % Undiscounted Cash Flows The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet as of June 30, 2022 (in thousands): Operating Leases (2) Remainder of 2022 $ 13,736 2023 22,086 2024 19,831 2025 19,011 2026 15,850 2027 7,825 Thereafter 4,094 Total minimum lease payments 102,433 Less imputed interest (10,629) Present value of future minimum lease payments 91,804 Less current obligations under leases (1) (21,220) Long-term lease obligations $ 70,584 (1) Included in accrued expenses and other current liabilities (2) Excludes expected sublease income of approximately $4.9 million over the next five years.

Contingencies

Contingencies	6 Months Ended
Contingencies	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Indemnification In the ordinary course of business, we enter into agreements in which we may agree to indemnify other parties with respect to certain matters, including losses resulting from claims of intellectual property infringement, damages to property or persons, business losses, or other liabilities. In addition, we have entered into indemnification agreements with our directors, executive officers, and certain other employees that will require us to indemnify them against liabilities that may arise by reason of their status or service as directors, officers, or employees. The term of these indemnification agreements with our directors, executive officers, and other employees are generally perpetual after execution of the agreement. The maximum potential amount of future payments we could be required to make under these indemnification provisions is unlimited; however, we maintain insurance that reduces our exposure and enables us to recover a portion of any future amounts paid. As of June 30, 2022 and December 31, 2021, we have not accrued a liability for indemnification provisions we agree to in the ordinary course of business or with our directors, executive officers and certain other employees pursuant to indemnification agreements because the likelihood of incurring a payment obligation, if any, in connection with these arrangements is not probable or reasonably estimable. Litigation From time to time, we may be involved in lawsuits, claims, investigations, and proceedings, consisting of intellectual property, commercial, employment, and other matters, which arise in the ordinary course of business. We are not currently party to any material legal proceedings or claims, nor are we aware of any pending or threatened legal proceedings or claims that could have a material adverse effect on our business, operating results, cash flows, or financial condition should such legal proceedings or claims be resolved unfavorably.

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The following table presents details of the provision for income taxes and our effective tax rates (in thousands, except percentages): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Provision for income taxes $ 1,605 $ 813 $ 3,093 $ 1,806 Effective tax rate (1.5) % (1.9) % (1.5) % (2.2) % We account for income taxes according to ASC 740, which, among other things, requires that we estimate our annual effective income tax rate for the full year and apply it to pre-tax income (loss) for each interim period, taking into account year-to-date amounts and projected results for the full year. We periodically evaluate whether we will recover a portion or all of our deferred tax assets. We record a valuation allowance against our deferred tax assets if and to the extent it is more likely than not that we will not recover our deferred tax assets. In evaluating the need for a valuation allowance, we weight all relevant positive and negative evidence, including, among other factors, historical financial performance, forecasts of income over the applicable carryforward periods, and our market environment, with each piece weighted based on its reliability. As of June 30, 2022, we had insufficient objective positive evidence that we will generate sufficient future pre-tax income to overcome the negative evidence of cumulative losses. Accordingly, we continue to record a full valuation allowance against our U.S. and U.K. deferred tax assets as of June 30, 2022. We account for the tax effects of discrete events in the interim period they occur. The provision for income taxes consists of federal, foreign, state, and local income taxes. Our effective tax rate differs from the statutory U.S. income tax rate due to the effect of state and local income taxes, differing tax rates imposed on income earned in foreign jurisdictions and in the United States, losses in foreign jurisdictions, certain nondeductible expenses, excess tax deductions, and the changes in valuation allowances against our deferred tax assets. Our effective tax rate could change significantly from quarter to quarter because of recurring and nonrecurring factors. The provision for income taxes for each of the three and six months ended June 30, 2021 and three and six months ended June 30, 2022 was primarily attributable to a full valuation allowance against our U.S. and U.K. deferred tax assets. We did not recognize benefits from excess tax deductions from exercised stock options and settled RSUs or net operating losses for either the three and six months ended June 30, 2021 or three and six months ended June 30, 2022. Neither we nor any of our subsidiaries are currently under examination from tax authorities in the jurisdictions in which we do business.

Basic and Diluted Net Loss Per

Basic and Diluted Net Loss Per Share	6 Months Ended
Basic and Diluted Net Loss Per Share	Jun. 30, 2022
Earnings Per Share [Abstract]
Basic and Diluted Net Income (Loss) Per Share	Basic and Diluted Net Loss Per Share The following table presents the computation of net loss per share (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Numerator: Net loss attributable to common stockholders $ (106,766) $ (43,440) $ (212,333) $ (84,096) Denominator: Weighted-average shares used to compute net loss per share 68,311 67,173 68,070 67,053 Net loss per share attributable to common stockholders, basic and diluted $ (1.56) $ (0.65) $ (3.12) $ (1.25) Since we were in a loss position for all periods presented, basic net loss is the same as diluted net loss per share for all periods as the inclusion of all potential common shares outstanding would have been anti-dilutive. The following weighted-average equivalent shares of common stock, excluding the impact of the treasury stock and if-converted methods, were excluded from the diluted net loss per share calculation because their inclusion would have been anti-dilutive (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Stock awards (1) 8,729 4,689 7,879 4,444 Convertible senior notes 6,136 6,136 6,136 6,136 Total shares excluded from net loss per share 14,865 10,825 14,015 10,580 (1) The table above does not include 3.2 million PRSUs because, as of June 30, 2022, the performance criteria had not yet been met for these contingently-issuable shares. Effective as of January 1, 2022 with our adoption of ASU 2020-06, we use the if-converted method for calculating any potential dilutive effect of the conversion options of the Notes on diluted net income per share, which assumes conversion as of the beginning of the period or at the time of issuance, if later. Prior to ASU 2020-06, we had historically utilized the treasury stock method due to our intent and ability to settle the principal balance of the Notes in cash. As we have utilized the modified retrospective method of adoption, there is no change to our previously reported earnings per share amounts.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Our unaudited interim condensed consolidated financial statements are presented in accordance with accounting standards generally accepted in the United States of America, or U.S. GAAP, for interim financial information. Certain information and disclosures normally included in consolidated financial statements presented in accordance with U.S. GAAP have been condensed or omitted. Accordingly, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the related notes included in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission, or SEC, on February 15, 2022. The unaudited interim condensed consolidated financial statements have been prepared on a basis consistent with that used to prepare the audited annual consolidated financial statements and reflect all adjustments which are, in the opinion of our management, of a normal recurring nature and necessary for a fair statement of the condensed consolidated financial statements. All intercompany accounts and transactions have been eliminated in consolidation. The operating results for the three and six months ended June 30, 2022 are not necessarily indicative of the results expected for the full year ending December 31, 2022.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates and assumptions. On an ongoing basis, our management evaluates these estimates and assumptions, including those related to determination of standalone selling prices of our products and services, income tax valuations, stock-based compensation, and goodwill and intangible assets valuations and recoverability. We base our estimates on historical data and experience, as well as various other factors that our management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities.
Operating Segments	Operating Segments Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by the Chief Operating Decision Maker, or CODM, who is our chief executive officer, in deciding how to allocate resources and assess our financial and operational performance. Our CODM evaluates our financial information and resources and assesses the performance of these resources on a consolidated and aggregated basis. As a result, we have determined that our business operates in a single operating segment.
Recently Adopted and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In August 2020, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU, 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity , or ASU 2020-06, which simplifies the accounting for convertible instruments by removing certain separation models required under current U.S. GAAP, including the beneficial conversion feature and cash conversion models. ASU 2020-06 removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception, and it requires the use of the if-converted method when calculating diluted earnings per share. This guidance became effective for us for annual reporting periods beginning after December 15, 2021 and for interim periods within those annual periods, and can be applied utilizing either a modified or full retrospective transition method. We have historically accounted for our Notes (as defined and described in Note 8 , Convertible Senior Notes ) utilizing the cash conversion model. Effective January 1, 2022, we adopted ASU 2020-06 In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers , or ASU 2021-08, which requires an acquirer in a business combination to recognize and measure contract assets and contract liabilities in accordance with Accounting Standards Codification, or ASC, Topic 606. ASU 2021-08 is effective for fiscal years beginning after December 15, 2022 and early adoption is permitted. Effective January 1, 2022, we early adopted this standard on a prospective basis. The impact of adoption of this standard on our condensed consolidated financial statements was not material.
Income Taxes	We account for income taxes according to ASC 740, which, among other things, requires that we estimate our annual effective income tax rate for the full year and apply it to pre-tax income (loss) for each interim period, taking into account year-to-date amounts and projected results for the full year. We periodically evaluate whether we will recover a portion or all of our deferred tax assets. We record a valuation allowance against our deferred tax assets if and to the extent it is more likely than not that we will not recover our deferred tax assets. In evaluating the need for a valuation allowance, we weight all relevant positive and negative evidence, including, among other factors, historical financial performance, forecasts of income over the applicable carryforward periods, and our market environment, with each piece weighted based on its reliability. As of June 30, 2022, we had insufficient objective positive evidence that we will generate sufficient future pre-tax income to overcome the negative evidence of cumulative losses. Accordingly, we continue to record a full valuation allowance against our U.S. and U.K. deferred tax assets as of June 30, 2022. We account for the tax effects of discrete events in the interim period they occur. The provision for income taxes consists of federal, foreign, state, and local income taxes. Our effective tax rate differs from the statutory U.S. income tax rate due to the effect of state and local income taxes, differing tax rates imposed on income earned in foreign jurisdictions and in the United States, losses in foreign jurisdictions, certain nondeductible expenses, excess tax deductions, and the changes in valuation allowances against our deferred tax assets. Our effective tax rate could change significantly from quarter to quarter because of recurring and nonrecurring factors.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
Revenue (Tables)	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The disaggregation of revenue by region was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Revenue by region: United States $ 129,501 $ 81,060 $ 239,534 $ 158,297 International 51,122 39,010 99,030 80,532 Total $ 180,623 $ 120,070 $ 338,564 $ 238,829
Deferred Contract Costs	A summary of the activity impacting our deferred commissions during the three and six months ended June 30, 2022 and 2021 is presented below (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Beginning balance (1) $ 67,471 $ 50,627 $ 69,817 $ 51,186 Additional deferred commissions 22,015 10,722 32,987 19,731 Amortization of deferred commissions (2) (17,361) (10,429) (30,389) (19,988) Effects of foreign currency translation (1,118) (51) (1,408) (60) Ending balance $ 71,007 $ 50,869 $ 71,007 $ 50,869 (1) Of the amount of commissions deferred as of January 1, 2022, $6.3 million was paid in shares of the Company’s Class A common stock in the six months ended June 30, 2022. No payments were made in shares in the three months ended June 30, 2022. (2) Of the amount amortized from deferred commissions during the three and six months ended June 30, 2022, $0.4 million and $0.6 million, respectively, were paid in shares of the Company’s Class A common stock and are included in stock-based compensation.

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
Business Combinations (Tables)	Jun. 30, 2022
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The preliminary allocation of purchase consideration to the estimated fair values of the assets acquired and liabilities assumed as of the date of acquisition is as follows (in thousands): Fair Value Cash and cash equivalents $ 13,360 Accounts receivable, net 6,702 Other current and non-current assets 13,537 Goodwill 343,134 Intangible assets, net 51,000 Accounts payable, accrued expenses and other current and non-current liabilities (15,808) Deferred revenue (8,796) Net assets acquired $ 403,129
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The following table sets forth the fair values of the components of identifiable intangible assets acquired (in thousands) and their estimated useful lives (in years) as of the date of acquisition: Fair Value Useful Life Completed technology $ 48,500 7 Customer relationships 1,000 3 Trade names 1,500 3 Total intangible assets subject to amortization $ 51,000

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Summary of Cash and Cash Equivalents and Investments' Costs, Gross Unrealized Gains (Losses), and Fair Value by Major Security Type Recorded as Cash and Cash Equivalents or Short-Term or Long-Term Investments	The following tables present our cash and cash equivalents’ and investments’ costs, gross unrealized gains (losses), and fair value by major security type recorded as cash and cash equivalents or short-term or long-term investments as of June 30, 2022 and December 31, 2021 (in thousands): As of June 30, 2022 Cost Net Fair Value Cash and Short-term Long-term Cash $ 54,947 $ — $ 54,947 $ 54,947 $ — $ — Level 1: Money market funds $ 28,893 $ — $ 28,893 $ 28,893 $ — $ — Subtotal $ 28,893 $ — $ 28,893 $ 28,893 $ — $ — Level 2: Commercial paper $ 127,929 $ (385) $ 127,544 $ 27,468 $ 100,076 $ — Certificates of deposit 3,500 (64) 3,436 — 3,436 — U.S. Treasury and agency bonds 248,467 (3,523) 244,944 — 157,971 86,973 Corporate bonds 51,989 (844) 51,145 — 36,112 15,033 Subtotal $ 431,885 $ (4,816) $ 427,069 $ 27,468 $ 297,595 $ 102,006 Level 3: $ — $ — $ — $ — $ — $ — Total $ 515,725 $ (4,816) $ 510,909 $ 111,308 $ 297,595 $ 102,006 As of December 31, 2021 Cost Net Fair Value Cash and Short-term Long-term Cash $ 68,579 $ — $ 68,579 $ 68,579 $ — $ — Level 1: Money market funds $ 15,382 $ — $ 15,382 $ 15,382 $ — $ — Subtotal $ 15,382 $ — $ 15,382 $ 15,382 $ — $ — Level 2: Commercial paper $ 308,250 $ (97) $ 308,153 $ 68,414 $ 239,739 $ — Certificates of deposit 3,500 (3) 3,497 — — 3,497 U.S. Treasury and agency bonds 459,960 (1,264) 458,696 — 189,243 269,453 Corporate bonds 148,605 (450) 148,155 — 77,892 70,263 Subtotal $ 920,315 $ (1,814) $ 918,501 $ 68,414 $ 506,874 $ 343,213 Level 3: $ — $ — $ — $ — $ — $ — Total $ 1,004,276 $ (1,814) $ 1,002,462 $ 152,375 $ 506,874 $ 343,213

Allowance for Doubtful Accoun_2

Allowance for Doubtful Accounts and Sales Reserves (Tables)	6 Months Ended
Allowance for Doubtful Accounts and Sales Reserves (Tables)	Jun. 30, 2022
Credit Loss [Abstract]
Allowance for Doubtful Accounts and Sales Reserves	The following table summarizes the changes in the allowance for doubtful accounts and sales reserve included in accounts receivable and contract assets in our condensed consolidated balance sheets (in thousands): Accounts Receivable Reserve Contract Asset Reserve Six Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Beginning Balance $ 3,546 $ 3,114 $ 1,479 $ 2,438 Provision 968 605 655 470 Recoveries (237) (482) (8) (74) Charge-offs (584) (260) (39) (31) Ending Balance $ 3,693 $ 2,977 $ 2,087 $ 2,803

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
Goodwill and Intangible Assets (Tables)	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Change in Carrying Amount of Goodwill	The change in carrying amount of goodwill for the six months ended June 30, 2022 was as follows (in thousands): Goodwill as of December 31, 2021 $ 57,415 Goodwill recorded in connection with acquisition 343,134 Effects of foreign currency translation (651) Goodwill as of June 30, 2022 $ 399,898
Schedule of Intangible Assets	Intangible assets consisted of the following (in thousands, except years): As of June 30, 2022 Remaining Weighted-Average Useful Life in Years Gross Carrying Accumulated Net Carrying Customer relationships 2.6 $ 2,477 $ (1,053) $ 1,424 Completed technology 6.1 80,184 (16,819) 63,365 Trade names 2.6 1,500 (197) 1,303 $ 84,161 $ (18,069) $ 66,092 As of December 31, 2021 Remaining Weighted-Average Useful Life in Years Gross Carrying Accumulated Net Carrying Customer relationships 3.1 $ 1,557 $ (862) $ 695 Completed technology 5.1 32,337 (11,295) 21,042 $ 33,894 $ (12,157) $ 21,737
Schedule of Intangible Asset Amortization Expense	We classified intangible asset amortization expense in the accompanying condensed consolidated statements of operations and comprehensive loss as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Cost of revenue $ 3,326 $ 1,094 $ 5,638 $ 2,176 Sales and marketing 342 59 437 117 Total $ 3,668 $ 1,153 $ 6,075 $ 2,293
Schedule of Finite-Lived Intangible Assets Estimated Remaining Amortization Expense	The following table presents our estimates of remaining amortization expense for finite-lived intangible assets at June 30, 2022 (in thousands): Remainder of 2022 $ 6,939 2023 11,772 2024 11,121 2025 9,810 2026 9,338 Thereafter 17,112 Total amortization expense $ 66,092

Convertible Senior Notes (Table

Convertible Senior Notes (Tables)	6 Months Ended
Convertible Senior Notes (Tables)	Jun. 30, 2022
Debt Disclosure [Abstract]
Summary of Convertible Debt	The following table presents details of our convertible senior notes, which are further discussed below (original principal in thousands): Month Issued Maturity Date Original Principal (including over-allotment) Coupon Interest Rate Effective Interest Rate (1) Conversion Rate Initial Conversion Price 2023 Notes May and June 2018 June 1, 2023 $ 230,000 0.5 % 1.01 % $ 22.5572 $ 44.33 2024 Notes August 2019 August 1, 2024 $ 400,000 0.5 % 0.93 % $ 5.2809 $ 189.36 2026 Notes August 2019 August 1, 2026 $ 400,000 1.0 % 1.32 % $ 5.2809 $ 189.36 (1) Prior to the adoption of ASU 2020-06, our effective interest rates were 7.00% for the 2023 Notes, 4.96% for the 2024 Notes, and 5.41% for the 2026 Notes due to the discount on the Notes related to the component previously allocated to equity. The Notes consisted of the following (in thousands): As of June 30, 2022 As of December 31, 2021 2023 Notes 2024 Notes 2026 Notes 2023 Notes 2024 Notes 2026 Notes Liability: Principal $ 84,748 $ 400,000 $ 400,000 $ 84,748 $ 400,000 $ 400,000 Less: debt discount and issuance costs, net of amortization (1) (393) (3,554) (4,988) (7,348) (42,941) (71,043) Net carrying amount $ 84,355 $ 396,446 $ 395,012 $ 77,400 $ 357,059 $ 328,957 Equity, net of issuance costs (2) $ — $ — $ — $ 46,473 $ 69,749 $ 93,380 (1) As of December 31, 2021, the debt discount component, net of amortization, which is not applicable under ASU 2020-06, was $6.7 million for the 2023 Notes, $38.6 million for the 2024 Notes, and $65.5 million for the 2026 Notes. See Note 2, Significant Accounting Policies , for additional information related to the adoption of this accounting standard. (2) Not applicable under ASU 2020-06. See Note 2, Significant Accounting Policies , for additional information related to the adoption of this accounting standard.
Summary of Interest Expense	The following table sets forth interest expense recognized related to the Notes (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Contractual interest expense $ 1,606 $ 1,606 $ 3,212 $ 3,212 Amortization of debt issuance costs and discount (1) 836 8,024 1,616 16,016 Total $ 2,442 $ 9,630 $ 4,828 $ 19,228 (1) The aggregate amortization expense related to the equity component of our Notes, which is not applicable under ASU 2020-06, for the three and six months ended June 30, 2021 was $7.2 million and 14.5 million, respectively.
Contractual Obligation, Fiscal Year Maturity	The following table sets forth future contractual obligations of contractual interest and principal related to the Notes (in thousands): Payments Due by Period Remainder of 2022 $ 3,212 2023 90,960 2024 406,000 2025 4,000 2026 404,000 Total principal and related contractual interest $ 908,172

Equity Awards (Tables)

Equity Awards (Tables)	6 Months Ended
Equity Awards (Tables)	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Stock Option Activity	Stock option activity during the six months ended June 30, 2022 consisted of the following (in thousands, except weighted-average information): Options Weighted- Options outstanding at December 31, 2021 2,008 $ 65.05 Granted — — Exercised (73) 11.17 Canceled/forfeited (107) 113.75 Options outstanding at June 30, 2022 1,828 $ 64.37
Schedule of RSU Activity	Restricted stock unit, or RSU, and performance-based RSU, or PRSU, activity during the six months ended June 30, 2022 consisted of the following (in thousands, except weighted-average information): Awards Outstanding (1) Weighted- Average Grant Date Fair Value (1) RSUs outstanding at December 31, 2021 3,693 $ 85.64 Granted 7,949 49.71 Vested (1,182) 75.04 Canceled/forfeited (636) 76.76 RSUs outstanding at June 30, 2022 9,824 $ 58.41 (1) The table above includes restricted stock units with market, performance, and/or service conditions.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The fair values of the market-based PRSUs granted have been estimated utilizing the following assumptions: Underlying stock price at valuation date $ 54.24 Estimated volatility 53 % Risk-free interest rate 2 % Simulation term (in years) 7
Schedule of Stock-based Compensation Expense	We classified stock-based compensation expense in the accompanying condensed consolidated statements of operations and comprehensive loss as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Cost of revenue $ 4,521 $ 1,293 $ 7,925 $ 2,401 Research and development 14,698 7,330 25,872 13,655 Sales and marketing 19,174 8,042 34,394 15,087 General and administrative 19,566 11,122 34,930 21,083 Total $ 57,959 $ 27,787 $ 103,121 $ 52,226

Leases (Tables)

Leases (Tables)	6 Months Ended
Leases (Tables)	Jun. 30, 2022
Leases [Abstract]
Lease Costs	The following lease costs were included in our condensed consolidated statements of operations and comprehensive loss as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Operating lease cost $ 5,926 $ 5,000 $ 12,154 $ 8,876 Short-term lease cost 156 16 300 41 Variable lease cost 1,424 1,020 2,656 2,173 Total lease cost $ 7,506 $ 6,036 $ 15,110 $ 11,090 Supplemental Information The table below presents supplemental balance sheet information related to operating leases: As of June 30, 2022 December 31, 2021 Weighted-average remaining lease term (in years) 4.9 5.3 Weighted-average discount rate 4.53 % 4.57 %
Undiscounted Cash Flows for Operating Lease Liabilities	The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet as of June 30, 2022 (in thousands): Operating Leases (2) Remainder of 2022 $ 13,736 2023 22,086 2024 19,831 2025 19,011 2026 15,850 2027 7,825 Thereafter 4,094 Total minimum lease payments 102,433 Less imputed interest (10,629) Present value of future minimum lease payments 91,804 Less current obligations under leases (1) (21,220) Long-term lease obligations $ 70,584 (1) Included in accrued expenses and other current liabilities (2) Excludes expected sublease income of approximately $4.9 million over the next five years.

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
Income Taxes (Tables)	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Schedule of Provision for Income Taxes and Effective Tax Rates	The following table presents details of the provision for income taxes and our effective tax rates (in thousands, except percentages): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Provision for income taxes $ 1,605 $ 813 $ 3,093 $ 1,806 Effective tax rate (1.5) % (1.9) % (1.5) % (2.2) %

Basic and Diluted Net Loss Pe_2

Basic and Diluted Net Loss Per Share (Tables)	6 Months Ended
Basic and Diluted Net Loss Per Share (Tables)	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Net Income Per Share	The following table presents the computation of net loss per share (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Numerator: Net loss attributable to common stockholders $ (106,766) $ (43,440) $ (212,333) $ (84,096) Denominator: Weighted-average shares used to compute net loss per share 68,311 67,173 68,070 67,053 Net loss per share attributable to common stockholders, basic and diluted $ (1.56) $ (0.65) $ (3.12) $ (1.25)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following weighted-average equivalent shares of common stock, excluding the impact of the treasury stock and if-converted methods, were excluded from the diluted net loss per share calculation because their inclusion would have been anti-dilutive (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Stock awards (1) 8,729 4,689 7,879 4,444 Convertible senior notes 6,136 6,136 6,136 6,136 Total shares excluded from net loss per share 14,865 10,825 14,015 10,580 (1) The table above does not include 3.2 million PRSUs because, as of June 30, 2022, the performance criteria had not yet been met for these contingently-issuable shares.

Significant Accounting Polici_3

Significant Accounting Policies (Detail) $ in Thousands		3 Months Ended	6 Months Ended
Significant Accounting Policies (Detail) $ in Thousands	Jan. 01, 2022 USD ($)	Mar. 31, 2022	Jun. 30, 2022 USD ($) segment	Dec. 31, 2021 USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of operating segments \| segment			1
Accounting Standards Update [Extensible List]		Accounting Standards Update 2020-06
Accumulated deficit			$ (336,993)	$ (190,429)
Additional paid in capital			(512,421)	(598,710)
Property and equipment, net			74,549	71,270
Convertible senior notes, current			(84,355)	(77,400)
Convertible senior notes, noncurrent			$ (791,458)	$ (686,016)
Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounting Standards Update [Extensible List]	Accounting Standards Update 2020-06
Accounting Standards Update 2020-06 \| Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit	$ (65,800)
Additional paid in capital	177,000
Property and equipment, net	(400)
Convertible senior notes, current	(6,800)
Convertible senior notes, noncurrent	$ (104,000)

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Total revenue	$ 180,623	$ 120,070	$ 338,564	$ 238,829
United States
Disaggregation of Revenue [Line Items]
Total revenue	129,501	81,060	239,534	158,297
International
Disaggregation of Revenue [Line Items]
Total revenue	$ 51,122	$ 39,010	$ 99,030	$ 80,532
United Kingdom \| Revenue from contract with customer \| Geographic concentration risk
Disaggregation of Revenue [Line Items]
Concentration risk, percentage		10.10%		11.60%

Revenue - Contract Assets and C

Revenue - Contract Assets and Contract Liabilities (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Contract With Customer, Contract Assets and Contract Liabilities [Line Items]
Contract assets, impairment	$ 0	$ 0	$ 0	$ 0
Deferred revenue	174,248,000		174,248,000		$ 208,154,000
Revenue recognized related to amounts that were included in deferred revenue	77,800,000	41,800,000	139,600,000	80,500,000
Capitalized contract cost, net, current	31,300,000	$ 26,000,000	31,300,000	26,000,000
Impairments of assets related to deferred contract costs			0	$ 0
Prepaid expenses and other current assets
Contract With Customer, Contract Assets and Contract Liabilities [Line Items]
Contract assets, current	35,600,000		35,600,000		22,000,000
Other noncurrent assets
Contract With Customer, Contract Assets and Contract Liabilities [Line Items]
Contract assets, noncurrent	40,700,000		40,700,000		20,500,000
Contract with Customer, Liability, Current
Contract With Customer, Contract Assets and Contract Liabilities [Line Items]
Deferred revenue	174,200,000		174,200,000		208,200,000
Other Noncurrent Liabilities
Contract With Customer, Contract Assets and Contract Liabilities [Line Items]
Deferred revenue	$ 6,600,000		$ 6,600,000		$ 2,700,000
Minimum
Contract With Customer, Contract Assets and Contract Liabilities [Line Items]
Transferred to receivables period			12 months
Maximum
Contract With Customer, Contract Assets and Contract Liabilities [Line Items]
Transferred to receivables period			24 months

Revenue - Assets Recognized fro

Revenue - Assets Recognized from Costs to Obtain Contracts with Customers (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jan. 01, 2022
Change in Capitalized Contract Costs [Roll Forward]
Beginning balance	$ 67,471	$ 50,627	$ 69,817	$ 51,186
Additional deferred commissions	22,015	10,722	32,987	19,731
Amortization of deferred commissions	(17,361)	(10,429)	(30,389)	(19,988)
Effects of foreign currency translation	(1,118)	(51)	(1,408)	(60)
Ending balance	71,007	50,869	71,007	50,869
Capitalized contract cost, net	71,007	50,869	71,007	50,869
Amortization of deferred commissions	17,361	$ 10,429	30,389	$ 19,988
Class A common stock
Change in Capitalized Contract Costs [Roll Forward]
Amortization of deferred commissions	(400)		(600)
Capitalized contract cost, net					$ 6,300
Amortization of deferred commissions	$ 400		$ 600

Revenue - Remaining Performance

Revenue - Remaining Performance Obligation (Details) $ in Millions	Jun. 30, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, amount	$ 495
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, amount	$ 456.8
Remaining performance obligation, period	24 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($) $ in Thousands				6 Months Ended	10 Months Ended	12 Months Ended
	Feb. 07, 2022	Oct. 21, 2021	Oct. 06, 2021	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill				$ 399,898	$ 399,898	$ 57,415
Completed technology
Business Acquisition [Line Items]
Amortization period				6 years 1 month 6 days		5 years 1 month 6 days
Trifacta Inc.
Business Acquisition [Line Items]
Business combination acquired percentage	100%
Cash paid to acquire business	$ 403,100
Equity incentive awards based on continued employment	$ 75,000
Equity incentive awards service period	36 months
Cash consideration held back for customary indemnification matters amount	$ 9,200
Business combination, recognized identifiable assets acquired and liabilities assumed, finite-lived intangibles	51,000
Goodwill	343,134
Trifacta Inc. \| General and administrative
Business Acquisition [Line Items]
Acquisition related costs				$ 7,800	$ 11,300
Trifacta Inc. \| Completed technology
Business Acquisition [Line Items]
Business combination, recognized identifiable assets acquired and liabilities assumed, finite-lived intangibles	$ 48,500
Trifacta Inc. \| Completed technology \| Level 3 \| Measurement Input, Discount Rate
Business Acquisition [Line Items]
Business combination, measurement input, discount rate	0.165
Hyper Anna Pty. Ltd.
Business Acquisition [Line Items]
Business combination acquired percentage			100%
Cash paid to acquire business			$ 24,900
Equity incentive awards based on continued employment			$ 16,800
Equity incentive awards service period			36 months
Aggregate consideration payable in exchange for outstanding equity interest			$ 24,900
Goodwill			10,500
Business combination, recognized identifiable assets acquired and liabilities assumed, net, excluding intangible assets			3,800
Hyper Anna Pty. Ltd. \| Completed technology
Business Acquisition [Line Items]
Business combination, recognized identifiable assets acquired and liabilities assumed, finite-lived intangibles			$ 10,600
Amortization period			7 years
Hyper Anna Pty. Ltd. \| Completed technology \| Level 3 \| Measurement Input, Discount Rate
Business Acquisition [Line Items]
Business combination, measurement input, discount rate			0.29
Hyper Anna Pty. Ltd. \| 24 Month Period
Business Acquisition [Line Items]
Cash consideration held back for customary indemnification matters amount			$ 3,000
Cash consideration held back for customary indemnification matters period			24 months
Hyper Anna Pty. Ltd. \| 36 Month Period
Business Acquisition [Line Items]
Cash consideration held back for customary indemnification matters amount			$ 2,000
Cash consideration held back for customary indemnification matters period			36 months
Lore IO, Inc.
Business Acquisition [Line Items]
Business combination acquired percentage		100%
Cash paid to acquire business		$ 10,000
Equity incentive awards based on continued employment		$ 11,100
Equity incentive awards service period		36 months
Aggregate consideration payable in exchange for outstanding equity interest		$ 10,000
Goodwill		$ 10,000

Business Combinations - Schedul

Business Combinations - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Feb. 07, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill	$ 399,898		$ 57,415
Trifacta Inc.
Business Acquisition [Line Items]
Cash and cash equivalents		$ 13,360
Accounts receivable, net		6,702
Other current and non-current assets		13,537
Goodwill		343,134
Intangible assets, net		51,000
Accounts payable, accrued expenses and other current and non-current liabilities		(15,808)
Deferred revenue		(8,796)
Net assets acquired		$ 403,129

Business Combinations - Sched_2

Business Combinations - Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination (Details) - Trifacta Inc. $ in Thousands	Feb. 07, 2022 USD ($)
Business Acquisition [Line Items]
Business combination, recognized identifiable assets acquired and liabilities assumed, finite-lived intangibles	$ 51,000
Completed technology
Business Acquisition [Line Items]
Business combination, recognized identifiable assets acquired and liabilities assumed, finite-lived intangibles	$ 48,500
Acquired finite-lived intangible assets, useful life	7 years
Customer relationships
Business Acquisition [Line Items]
Business combination, recognized identifiable assets acquired and liabilities assumed, finite-lived intangibles	$ 1,000
Acquired finite-lived intangible assets, useful life	3 years
Trade names
Business Acquisition [Line Items]
Business combination, recognized identifiable assets acquired and liabilities assumed, finite-lived intangibles	$ 1,500
Acquired finite-lived intangible assets, useful life	3 years

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Cash and Cash Equivalents and Investments' Costs, Gross Unrealized Gains (Losses), and Fair Value by Major Security Type Recorded as Cash and Cash Equivalents or Short-Term or Long-Term Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	$ 111,308	$ 152,375
Short-term Investments	297,595	506,874
Long-term Investments	102,756	343,213
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	111,308	152,375
Net Unrealized Gains (Losses)	(4,816)	(1,814)
Cash and cash equivalents and investment, cost	515,725	1,004,276
Cash and cash equivalents and investments, fair value	510,909	1,002,462
Short-term Investments	297,595	506,874
Long-term Investments	102,006	343,213
Fair Value, Measurements, Recurring \| Cash
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	54,947	68,579
Cash and cash equivalents, fair value	54,947	68,579
Fair Value, Measurements, Recurring \| Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	28,893	15,382
Cash and cash equivalents, fair value	28,893	15,382
Fair Value, Measurements, Recurring \| Level 1 \| Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	28,893	15,382
Cash and cash equivalents, fair value	28,893	15,382
Fair Value, Measurements, Recurring \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	27,468	68,414
Investments, cost	431,885	920,315
Net Unrealized Gains (Losses)	(4,816)	(1,814)
Investments, fair value	427,069	918,501
Short-term Investments	297,595	506,874
Long-term Investments	102,006	343,213
Fair Value, Measurements, Recurring \| Level 2 \| Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	27,468	68,414
Investments, cost	127,929	308,250
Net Unrealized Gains (Losses)	(385)	(97)
Investments, fair value	127,544	308,153
Short-term Investments	100,076	239,739
Long-term Investments	0	0
Fair Value, Measurements, Recurring \| Level 2 \| Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	0	0
Investments, cost	3,500	3,500
Net Unrealized Gains (Losses)	(64)	(3)
Investments, fair value	3,436	3,497
Short-term Investments	3,436	0
Long-term Investments	0	3,497
Fair Value, Measurements, Recurring \| Level 2 \| U.S. Treasury and agency bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	0	0
Investments, cost	248,467	459,960
Net Unrealized Gains (Losses)	(3,523)	(1,264)
Investments, fair value	244,944	458,696
Short-term Investments	157,971	189,243
Long-term Investments	86,973	269,453
Fair Value, Measurements, Recurring \| Level 2 \| Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	0	0
Investments, cost	51,989	148,605
Net Unrealized Gains (Losses)	(844)	(450)
Investments, fair value	51,145	148,155
Short-term Investments	36,112	77,892
Long-term Investments	15,033	70,263
Fair Value, Measurements, Recurring \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	0	0
Investments, cost	0	0
Net Unrealized Gains (Losses)	0	0
Investments, fair value	0	0
Short-term Investments	0	0
Long-term Investments	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Fair Value Disclosures [Line Items]
Gross unrealized losses	$ 4.9
Fair value of convertible senior notes	$ 770.8	$ 857.3
Minimum
Fair Value Disclosures [Line Items]
Long-term investments maturity period	1 year
Maximum
Fair Value Disclosures [Line Items]
Long-term investments maturity period	2 years

Allowance for Doubtful Accoun_3

Allowance for Doubtful Accounts and Sales Reserves (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Accounts Receivable Reserve
Beginning Balance	$ 3,546	$ 3,114
Provision	968	605
Recoveries	(237)	(482)
Charge-offs	(584)	(260)
Ending Balance	3,693	2,977
Contract Asset Reserve
Beginning Balance	1,479	2,438
Provision	655	470
Recoveries	(8)	(74)
Charge-offs	(39)	(31)
Ending Balance	$ 2,087	$ 2,803

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Change in Carrying Amount of Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Goodwill [Roll Forward]
Goodwill as of December 31, 2021	$ 57,415
Goodwill recorded in connection with acquisition	343,134
Effects of foreign currency translation	(651)
Goodwill as of June 30, 2022	$ 399,898

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 84,161	$ 33,894
Accumulated Amortization	(18,069)	(12,157)
Net Carrying Value	$ 66,092	$ 21,737
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Remaining Weighted-Average Useful Life in Years	2 years 7 months 6 days	3 years 1 month 6 days
Gross Carrying Value	$ 2,477	$ 1,557
Accumulated Amortization	(1,053)	(862)
Net Carrying Value	$ 1,424	$ 695
Completed technology
Finite-Lived Intangible Assets [Line Items]
Remaining Weighted-Average Useful Life in Years	6 years 1 month 6 days	5 years 1 month 6 days
Gross Carrying Value	$ 80,184	$ 32,337
Accumulated Amortization	(16,819)	(11,295)
Net Carrying Value	$ 63,365	$ 21,042
Trade names
Finite-Lived Intangible Assets [Line Items]
Remaining Weighted-Average Useful Life in Years	2 years 7 months 6 days
Gross Carrying Value	$ 1,500
Accumulated Amortization	(197)
Net Carrying Value	$ 1,303

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Intangible Asset Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 3,668	$ 1,153	$ 6,075	$ 2,293
Cost of revenue
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	3,326	1,094	5,638	2,176
Sales and marketing
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 342	$ 59	$ 437	$ 117

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Finite-Lived Intangible Assets Estimated Remaining Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2022	$ 6,939
2023	11,772
2024	11,121
2025	9,810
2026	9,338
Thereafter	17,112
Net Carrying Value	$ 66,092	$ 21,737

Convertible Senior Notes - Summ

Convertible Senior Notes - Summary of Debt (Details) - Convertible senior notes $ / shares in Units, $ in Thousands	1 Months Ended	2 Months Ended
	Aug. 31, 2019 USD ($) $ / shares	Jun. 30, 2018 USD ($) $ / shares	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Convertible senior note due 2023, 0.5%
Debt Instrument [Line Items]
Original Principal (including over-allotment)		$ 230,000	$ 84,748	$ 84,748
Coupon Interest Rate		0.50%
Effective Interest Rate		1.01%
Conversion Rate		0.0225572
Initial Conversion Price (in usd per share) \| $ / shares		$ 44.33
Principal		$ 230,000	84,748	84,748
Less: debt discount and issuance costs, net of amortization			(393)	(7,348)
Net carrying amount			84,355	77,400
Equity, net of issuance costs			0	46,473
Unamortized discount				(6,700)
Convertible senior note due 2023, 0.5% \| Previously Reported
Debt Instrument [Line Items]
Effective Interest Rate		7%
Convertible senior note due 2024, 0.50%
Debt Instrument [Line Items]
Original Principal (including over-allotment)	$ 400,000		400,000	400,000
Coupon Interest Rate	0.50%
Effective Interest Rate	0.93%
Conversion Rate	0.0052809
Initial Conversion Price (in usd per share) \| $ / shares	$ 189.36
Principal	$ 400,000		400,000	400,000
Less: debt discount and issuance costs, net of amortization			(3,554)	(42,941)
Net carrying amount			396,446	357,059
Equity, net of issuance costs			0	69,749
Unamortized discount				(38,600)
Convertible senior note due 2024, 0.50% \| Previously Reported
Debt Instrument [Line Items]
Effective Interest Rate	4.96%
Convertible senior note due 2026, 1.0%
Debt Instrument [Line Items]
Original Principal (including over-allotment)	$ 400,000		400,000	400,000
Coupon Interest Rate	1%
Effective Interest Rate	1.32%
Conversion Rate	0.0052809
Initial Conversion Price (in usd per share) \| $ / shares	$ 189.36
Principal	$ 400,000		400,000	400,000
Less: debt discount and issuance costs, net of amortization			(4,988)	(71,043)
Net carrying amount			395,012	328,957
Equity, net of issuance costs			$ 0	93,380
Unamortized discount				$ (65,500)
Convertible senior note due 2026, 1.0% \| Previously Reported
Debt Instrument [Line Items]
Effective Interest Rate	5.41%

Convertible Senior Notes - Addi

Convertible Senior Notes - Additional Information (Details) $ in Thousands	1 Months Ended		6 Months Ended
	Aug. 31, 2019 USD ($) $ / option shares	Jun. 30, 2018 USD ($) $ / option	Jun. 30, 2022 USD ($) d	Dec. 31, 2021 USD ($)
Debt Instrument [Line Items]
Capped calls, cost	$ 87,400	$ 19,100
Capped calls, deferred tax asset	$ 20,900	$ 4,600
Price risk derivative
Debt Instrument [Line Items]
Capped calls, initial strike price (in dollars per share) \| $ / option	189.36	44.33
Capped calls, cap price (in dollars per share) \| $ / option	315.60	62.22
Class A common stock
Debt Instrument [Line Items]
Capped calls, retirement of common stock (in shares) \| shares	285,466
Debt instrument, conversion, option two \| Class A common stock
Debt Instrument [Line Items]
Convertible debt, converted instrument, shares issued (in shares) \| shares	2,200,000
Convertible senior notes \| Convertible senior note due 2023, 0.5%
Debt Instrument [Line Items]
Principal		$ 230,000	$ 84,748	$ 84,748
Coupon interest rate		0.50%
If-converted value in excess of principal			7,800
Convertible senior notes \| Convertible senior note due 2023, 0.5% \| Debt instrument, conversion, option one
Debt Instrument [Line Items]
Convertible debt, converted instrument, original amount	$ 145,200
Debt extinguishment with interest	145,400
Convertible senior notes \| Convertible Senior Notes due 2023, Over-Allotment Option, 0.5%
Debt Instrument [Line Items]
Principal		$ 30,000
Convertible senior notes \| Convertible senior note due 2024, 0.50%
Debt Instrument [Line Items]
Principal	$ 400,000		400,000	400,000
Coupon interest rate	0.50%
Convertible senior notes \| Convertible senior note due 2026, 1.0%
Debt Instrument [Line Items]
Principal	$ 400,000		$ 400,000	$ 400,000
Coupon interest rate	1%
Convertible senior notes \| Convertible senior notes due 2024, over-allotment option, 0.5%
Debt Instrument [Line Items]
Principal	$ 50,000
Convertible senior notes \| Convertible senior notes due 2026, over-allotment option, 1.0%
Debt Instrument [Line Items]
Principal	$ 50,000
Convertible senior notes \| Convertible senior notes due 2023, 2024, 2026 \| Debt instrument, conversion, option one
Debt Instrument [Line Items]
Convertible debt, threshold trading days \| d			20
Convertible debt, threshold consecutive trading days \| d			30
Convertible debt, threshold percentage of stock price trigger			130%
Convertible senior notes \| Convertible senior notes due 2023, 2024, 2026 \| Debt instrument, conversion, option two
Debt Instrument [Line Items]
Convertible debt, threshold trading days \| d			5
Convertible debt, threshold consecutive trading days \| d			5
Convertible debt, threshold percentage of stock price trigger			98%

Convertible Senior Notes - Su_2

Convertible Senior Notes - Summary of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Debt Instrument [Line Items]
Amortization of debt discount and issuance costs			$ 1,616	$ 16,016
Amortization expense related to equity component		$ 7,200		14,500
Convertible senior notes \| Convertible senior notes
Debt Instrument [Line Items]
Contractual interest expense	$ 1,606	1,606	3,212	3,212
Amortization of debt discount and issuance costs	836	8,024	1,616	16,016
Total	$ 2,442	$ 9,630	$ 4,828	$ 19,228

Convertible Senior Notes - Sche

Convertible Senior Notes - Schedule of Contractual Obligations and Contractual Interest (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Debt Disclosure [Abstract]
Remainder of 2022	$ 3,212
2023	90,960
2024	406,000
2025	4,000
2026	404,000
Total principal and related contractual interest	$ 908,172

Equity Awards - Schedule of Sto

Equity Awards - Schedule of Stock Option Activity (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2022 $ / shares shares
Options Outstanding
Options outstanding, beginning balance (in shares) \| shares	2,008
Granted (in shares) \| shares	0
Exercised (in shares) \| shares	(73)
Canceled/forfeited (in shares) \| shares	(107)
Options outstanding, ending balance (in shares) \| shares	1,828
Weighted- Average Exercise Price
Weighted-average exercise price, beginning balance (in dollars per share) \| $ / shares	$ 65.05
Weighted-average exercise price, granted (in dollars per share) \| $ / shares	0
Weighted-average exercise price, exercised (in dollars per share) \| $ / shares	11.17
Weighted-average exercise price, canceled/forfeited (in dollars per share) \| $ / shares	113.75
Weighted-average exercise price, ending balance (in dollars per share) \| $ / shares	$ 64.37

Equity Awards - Additional Info

Equity Awards - Additional Information (Details) shares in Thousands, $ in Millions	1 Months Ended	6 Months Ended
	Mar. 31, 2022 tranche d shares	Jun. 30, 2022 USD ($) shares	Feb. 28, 2022 USD ($)
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to unvested stock options		$ 16.7
Weighted-average period, expected to be recognized		1 year 4 months 24 days
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average period, expected to be recognized		2 years 4 months 24 days
Granted (in shares) \| shares		7,949
Equity incentive awards service period	2 years
Equity incentive awards market performance period	7 years
Number of tranches \| tranche	6
Convertible debt, threshold trading days \| d	60
Unrecognized compensation expense, related to unvested RSUs		$ 485
Restricted stock units \| Valuation Technique, Monte Carlo Simulation
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate grant date fair value		$ 109.7
Restricted stock units \| Executive Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) \| shares	3,000
Aggregate grant date fair value			$ 5.3

Equity Awards - Schedule of RSU

Equity Awards - Schedule of RSU Activity (Details) - Restricted stock units shares in Thousands	6 Months Ended
	Jun. 30, 2022 $ / shares shares
Awards Outstanding
Beginning balance (in shares) \| shares	3,693
Granted (in shares) \| shares	7,949
Vested (in shares) \| shares	(1,182)
Canceled/forfeited (in shares) \| shares	(636)
Ending balance (in shares) \| shares	9,824
Weighted- Average Grant Date Fair Value
Beginning balance (in dollars per share) \| $ / shares	$ 85.64
Granted (in dollars per share) \| $ / shares	49.71
Vested (in dollars per share) \| $ / shares	75.04
Canceled/forfeited (in dollars per share) \| $ / shares	76.76
Ending balance (in dollars per share) \| $ / shares	$ 58.41

Equity Awards - Schedule of Val

Equity Awards - Schedule of Valuation Assumptions (Details) - Restricted stock units	6 Months Ended
	Jun. 30, 2022 $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Underlying stock price at valuation date (in dollars per share)	$ 54.24
Estimated volatility	53%
Risk-free interest rate	2%
Simulation term (in years)	7 years

Equity Awards - Schedule of S_2

Equity Awards - Schedule of Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total	$ 57,959	$ 27,787	$ 103,121	$ 52,226
Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total	4,521	1,293	7,925	2,401
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total	14,698	7,330	25,872	13,655
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total	19,174	8,042	34,394	15,087
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total	$ 19,566	$ 11,122	$ 34,930	$ 21,083

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended
Leases - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets		$ 88,893	$ 102,681
Corporate headquarters
Lessee, Lease, Description [Line Items]
Long-lived assets carrying value	$ 11,600
Operating lease right-of-use assets	6,100
Tangible asset impairment charges	$ 2,100

Leases - Lease Costs (Details)

Leases - Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Leases - Lease Costs (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Operating lease cost	$ 5,926	$ 5,000	$ 12,154	$ 8,876
Short-term lease cost	156	16	300	41
Variable lease cost	1,424	1,020	2,656	2,173
Total lease cost	$ 7,506	$ 6,036	$ 15,110	$ 11,090

Leases - Supplemental Informati

Leases - Supplemental Information (Details)	Jun. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Weighted-average remaining lease term (in years)	4 years 10 months 24 days	5 years 3 months 18 days
Weighted-average discount rate	4.53%	4.57%

Leases - Undiscounted Cash Flow

Leases - Undiscounted Cash Flows (Details) - USD ($) $ in Thousands	60 Months Ended
	Jul. 01, 2027	Jun. 30, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Remainder of 2022		$ 13,736
2023		22,086
2024		19,831
2025		19,011
2026		15,850
2027		7,825
Thereafter		4,094
Total minimum lease payments		102,433
Less imputed interest		(10,629)
Present value of future minimum lease payments		91,804
Less current obligations under leases		(21,220)
Operating lease liabilities		$ 70,584	$ 78,784
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]		Accrued expenses and other current liabilities
Forecast
Lessee, Lease, Description [Line Items]
Sublease income	$ 4,900

Contingencies (Details)

Contingencies (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Indemnification
Commitments And Contingencies [Line Items]
Loss contingency accrual	$ 0	$ 0

Income Taxes - Schedule of Prov

Income Taxes - Schedule of Provision for Income Taxes and Effective Tax Rates (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 1,605	$ 813	$ 3,093	$ 1,806
Effective tax rate	(1.50%)	(1.90%)	(1.50%)	(2.20%)

Basic and Diluted Net Loss Pe_3

Basic and Diluted Net Loss Per Share - Schedule of Computation of Net Loss per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Numerator:
Net loss attributable to common stockholders	$ (106,766)	$ (43,440)	$ (212,333)	$ (84,096)
Denominator:
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic (in shares)	68,311	67,173	68,070	67,053
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted (in shares)	68,311	67,173	68,070	67,053
Net loss per share attributable to common stockholders, basic (in dollars per share)	$ (1.56)	$ (0.65)	$ (3.12)	$ (1.25)
Net loss per share attributable to common stockholders, diluted (in dollars per share)	$ (1.56)	$ (0.65)	$ (3.12)	$ (1.25)

Basic and Diluted Net Loss Pe_4

Basic and Diluted Net Loss Per Share - Weighted-average Equivalent Shares Excluded From Diluted Net Loss per Share Calculation (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities excluded from calculation of earnings per share (in shares)	14,865	10,825	14,015	10,580
Stock awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities excluded from calculation of earnings per share (in shares)	8,729	4,689	7,879	4,444
Convertible senior notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities excluded from calculation of earnings per share (in shares)	6,136	6,136	6,136	6,136
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities excluded from calculation of earnings per share (in shares)			3,200