Segment and Geographic Information (Tables)
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6 Months Ended |
Jun. 30, 2022 |
| Segment Reporting [Abstract] |
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| Summary of Financial Information for Each Reportable Segment |
Financial information for each reportable segment was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2022 | | 2021 | | 2022 | | 2021 | | Revenue: | | | | | | | | | Government | $ | 262,998 | | | $ | 232,119 | | | $ | 504,788 | | | $ | 440,539 | | | Commercial | 210,012 | | | 143,523 | | | 414,579 | | | 276,337 | | | Total revenue | $ | 473,010 | | | $ | 375,642 | | | $ | 919,367 | | | $ | 716,876 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2022 | | 2021 | | 2022 | | 2021 | | Contribution: | | | | | | | | | Government | $ | 153,642 | | | $ | 143,253 | | | $ | 293,452 | | | $ | 274,999 | | | Commercial | 108,885 | | | 75,121 | | | 221,493 | | | 147,664 | | | Total contribution | $ | 262,527 | | | $ | 218,374 | | | $ | 514,945 | | | $ | 422,663 | |
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| Summary of Reconciliation of Segment Financial Information to Loss from Operations |
The reconciliation of contribution to loss from operations is as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2022 | | 2021 | | 2022 | | 2021 | | Loss from operations | $ | (41,745) | | | $ | (146,148) | | | $ | (81,184) | | | $ | (260,162) | | Research and development expenses (1) | 63,193 | | | 59,894 | | | 124,889 | | | 120,491 | | General and administrative expenses (1) | 95,310 | | | 71,886 | | | 176,148 | | | 135,861 | | | Total stock-based compensation expense | 145,769 | | | 232,742 | | | 295,092 | | | 426,473 | | | Total contribution | $ | 262,527 | | | $ | 218,374 | | | $ | 514,945 | | | $ | 422,663 | |
————— (1) Excludes stock-based compensation expense.
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| Summary of Revenue by Geography |
Revenue by geography is based on the customer’s headquarters or agency location at the time of sale. Revenue is as follows (in thousands, except percentages): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2022 | | 2021 | | 2022 | | 2021 | | Amount | | % | | Amount | | % | | Amount | | % | | Amount | | % | | Revenue: | | | | | | | | | | | | | | | | | United States | $ | 290,223 | | | 61 | % | | $ | 199,930 | | | 53 | % | | $ | 563,136 | | | 61 | % | | $ | 398,377 | | | 56 | % | | United Kingdom | 52,140 | | | 11 | % | | 39,935 | | | 11 | % | | 102,042 | | | 11 | % | | 74,320 | | | 10 | % | Rest of world (1) | 130,647 | | | 28 | % | | 135,777 | | | 36 | % | | 254,189 | | | 28 | % | | 244,179 | | | 34 | % | | Total revenue | $ | 473,010 | | | 100 | % | | $ | 375,642 | | | 100 | % | | $ | 919,367 | | | 100 | % | | $ | 716,876 | | | 100 | % |
————— (1) No other country represents 10% or more of total revenue for the three and six months ended June 30, 2022 or 2021.
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