v3.26.1
Segments and Geographic Information (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents the significant segment expenses and other segment items regularly reviewed by our CODM:
Three Months Ended March 31,
20262025
(in thousands)
Revenue$1,528,791 $1,363,217 
Less:
Infrastructure costs401,234 376,568 
Content and developer partner costs135,021 160,904 
Advertising partner and other costs125,871 99,151 
Operating expenses633,332 618,169 
Stock-based compensation and related payroll and other tax expense263,086 264,556 
Depreciation and amortization44,696 37,715 
Other segment items (1)
14,502 (54,259)
Net loss$(88,951)$(139,587)
(1)Other segment items primarily include interest income; interest expense; other income (expense), net; and income tax expense as reported in our consolidated statements of operations.
Schedule of Long-Lived Assets by Geographic Areas
The following table represents our long-lived assets, which includes property and equipment, net and operating lease right-of-use assets, by geography:
As of
March 31, 2026
As of
December 31, 2025
(in thousands)
United States$769,064 $710,984 
United Kingdom247,581 245,911 
Rest of world (1)
127,957 127,396 
Total long-lived assets, net$1,144,602 $1,084,291 
(1)No individual country other than the United States and the United Kingdom exceeded 10% of our total long-lived assets for any period presented.