10-Q Filing

Zoom Communications, Inc. CIK: 1585521 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001585521-23-000194`
Period End Date	20230731
Filing Date	20230823
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	zm-20230731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 76 Cash Flow Statement 89 Stockholders Equity 39 Comprehensive Income 16

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$937.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecurities`	$4.65B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecurities`	$4.33B	USD	Point-in-time
Accounts receivable, net of allowances of $45,781 and $33,206 as of July 31, 2023 and January 31, 2023, respectively	`AccountsReceivableNetCurrent`	$557.40M	USD	Point-in-time
Accounts receivable, net of allowances of $45,781 and $33,206 as of July 31, 2023 and January 31, 2023, respectively	`AccountsReceivableNetCurrent`	$571.05M	USD	Point-in-time
Deferred contract acquisition costs, current	`CapitalizedContractCostNetCurrent`	$223.25M	USD	Point-in-time
Deferred contract acquisition costs, current	`CapitalizedContractCostNetCurrent`	$207.16M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$244.26M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$163.09M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$45.78M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$33.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.36B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.05B	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$179.99M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$150.26M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$252.82M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$275.88M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$70.25M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$80.91M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Strategic investments	`LongTermInvestments`	$376.69M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Strategic investments	`LongTermInvestments`	$398.99M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$307.30M	USD	Point-in-time
Goodwill	`Goodwill`	$122.64M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$558.43M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$541.02M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$150.72M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$177.87M	USD	Point-in-time
Total assets	`Assets`	$8.13B	USD	Point-in-time
Total assets	`Assets`	$8.92B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.85M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$397.27M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$457.72M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$1.27B	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$1.35B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.74B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.77B	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$20.42M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$41.93M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$62.18M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$73.69M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$70.69M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$67.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.92B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.92B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value per share, 200,000,000 shares authorized as of July 31, 2023 and January 31, 2023; zero shares issued and outstanding as of July 31, 2023 and January 31, 2023	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value per share, 200,000,000 shares authorized as of July 31, 2023 and January 31, 2023; zero shares issued and outstanding as of July 31, 2023 and January 31, 2023	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized as of July 31, 2023 and January 31, 2023; 254,291,416 and 247,151,956 shares issued and outstanding as of July 31, 2023 and January 31, 2023, respectively; 300,000,000 Class B shares authorized as of July 31, 2023 and January 31, 2023; 46,664,611 and 46,670,894 shares issued and outstanding as of July 31, 2023 and January 31, 2023, respectively	`CommonStockValue`	$302.00K	USD	Point-in-time
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized as of July 31, 2023 and January 31, 2023; 254,291,416 and 247,151,956 shares issued and outstanding as of July 31, 2023 and January 31, 2023, respectively; 300,000,000 Class B shares authorized as of July 31, 2023 and January 31, 2023; 46,664,611 and 46,670,894 shares issued and outstanding as of July 31, 2023 and January 31, 2023, respectively	`CommonStockValue`	$294.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.10B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.69B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-36.71M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-50.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.35B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.52B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.00B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.95B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.99B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.21B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.78B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.13B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.92B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.10B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.17B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.24B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.14B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$530.51M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$273.61M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$266.56M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$535.43M	USD	2 Qtrs
Gross profit	`GrossProfit`	$825.85M	USD	1 Quarter
Gross profit	`GrossProfit`	$872.12M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.64B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.71B	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$401.07M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$191.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$172.56M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$316.86M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$400.47M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$373.37M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$795.88M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$763.26M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$129.32M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$248.91M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$329.22M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$131.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$704.10M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$694.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.53B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.33B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$177.62M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$308.81M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$187.36M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$121.74M	USD	1 Quarter
Gains (losses) on strategic investments, net	`GainLossOnInvestments`	$33.95M	USD	2 Qtrs
Gains (losses) on strategic investments, net	`GainLossOnInvestments`	$-71.12M	USD	2 Qtrs
Gains (losses) on strategic investments, net	`GainLossOnInvestments`	$31.67M	USD	1 Quarter
Gains (losses) on strategic investments, net	`GainLossOnInvestments`	$-34.71M	USD	1 Quarter
Other income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$3.37M	USD	1 Quarter
Other income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-3.62M	USD	2 Qtrs
Other income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$72.30M	USD	2 Qtrs
Other income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$41.09M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$234.07M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$250.37M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$90.40M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$293.60M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$68.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$44.65M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$74.66M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$96.19M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$45.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$181.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$197.42M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.41M	USD	2 Qtrs
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	-	USD	2 Qtrs
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	-	USD	1 Quarter
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$19.00K	USD	2 Qtrs
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$4.00K	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$159.39M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.75M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$197.42M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$181.97M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	298.87M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	298.55M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	299.09M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	297.28M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	307.16M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	305.05M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	306.90M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	305.93M	shares	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$45.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$181.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$197.42M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.41M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$543.85M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$464.88M	USD	2 Qtrs
Amortization of deferred contract acquisition costs	`AmortizationOfAcquisitionCosts`	$138.74M	USD	2 Qtrs
Amortization of deferred contract acquisition costs	`AmortizationOfAcquisitionCosts`	$119.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.16M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$50.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitIncludingChangesInValuationAllowances`	$13.97M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitIncludingChangesInValuationAllowances`	-	USD	2 Qtrs
(Gains) losses on strategic investments, net	`EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount`	$33.95M	USD	2 Qtrs
(Gains) losses on strategic investments, net	`EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentAnnualAmount`	$71.12M	USD	2 Qtrs
Provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$26.73M	USD	2 Qtrs
Provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$22.20M	USD	2 Qtrs
Unrealized foreign exchange losses	`ForeignCurrencyTransactionGainLossUnrealizedAfterTax`	$-4.68M	USD	2 Qtrs
Unrealized foreign exchange losses	`ForeignCurrencyTransactionGainLossUnrealizedAfterTax`	$-19.47M	USD	2 Qtrs
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$10.66M	USD	2 Qtrs
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$11.07M	USD	2 Qtrs
Amortization of discount/premium on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-4.82M	USD	2 Qtrs
Amortization of discount/premium on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$18.01M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-167.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-3.42M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.63M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$125.90M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$83.89M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$136.62M	USD	2 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInDeferredContractAcquisitionCosts`	$92.93M	USD	2 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInDeferredContractAcquisitionCosts`	$157.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.44M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.00M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-58.95M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$64.26M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$56.33M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$220.55M	USD	2 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$-11.10M	USD	2 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$-11.35M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$754.46M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$783.36M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.58B	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.83B	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.54B	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.31B	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.87M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.43M	USD	2 Qtrs
Purchases of strategic investments	`PaymentsToAcquireEquitySecuritiesFvNi`	$51.00M	USD	2 Qtrs
Purchases of strategic investments	`PaymentsToAcquireEquitySecuritiesFvNi`	$61.55M	USD	2 Qtrs
Proceeds from strategic investments	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$107.24M	USD	2 Qtrs
Proceeds from strategic investments	`ProceedsFromSaleOfEquitySecuritiesFvNi`	-	USD	2 Qtrs
Cash paid for acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$204.92M	USD	2 Qtrs
Cash paid for acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$120.55M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$3.21M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-508.36M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-500.15M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.07M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$7.69M	USD	2 Qtrs
Proceeds from issuance of common stock for employee stock purchase plan	`ProceedsFromStockPlans`	$34.60M	USD	2 Qtrs
Proceeds from issuance of common stock for employee stock purchase plan	`ProceedsFromStockPlans`	$32.51M	USD	2 Qtrs
Proceeds from employee equity transactions to be remitted (remitted) to employees and tax authorities, net	`ProceedsPaymentsForShareBasedPaymentArrangementNetOfTaxWithholding`	$1.26M	USD	2 Qtrs
Proceeds from employee equity transactions to be remitted (remitted) to employees and tax authorities, net	`ProceedsPaymentsForShareBasedPaymentArrangementNetOfTaxWithholding`	$-2.54M	USD	2 Qtrs
Cash paid for repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$425.95M	USD	2 Qtrs
Cash paid for repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$41.46M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-388.82M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.78M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-16.11M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-129.93M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$291.99M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$943.42M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.39B	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10B	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$943.42M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.39B	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$937.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09B	USD	Point-in-time
Restricted cash, current included in prepaid expenses and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.71M	USD	Point-in-time
Restricted cash, current included in prepaid expenses and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$11.86M	USD	Point-in-time
Restricted cash, noncurrent included in other assets, noncurrent	`RestrictedCashAndCashEquivalentsNoncurrent`	$269.00K	USD	Point-in-time
Restricted cash, noncurrent included in other assets, noncurrent	`RestrictedCashAndCashEquivalentsNoncurrent`	$255.00K	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$943.42M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.39B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10B	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$6.52B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$7.00B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.95B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.99B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.78B	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.04M	shares	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.42M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.24M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.90M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.69M	USD	2 Qtrs
Issuance of common stock upon release of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	2 Qtrs
Issuance of common stock upon release of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of common stock upon release of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	2 Qtrs
Issuance of common stock upon release of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of common stock for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$32.51M	USD	2 Qtrs
Issuance of common stock for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$32.51M	USD	1 Quarter
Issuance of common stock for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$34.60M	USD	2 Qtrs
Issuance of common stock for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$34.60M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$425.95M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$293.53M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$467.33M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$544.45M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$256.71M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$262.18M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.92M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-30.26M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.84M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$45.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$181.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$197.42M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.41M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$6.52B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$7.00B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.95B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.99B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.78B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$45.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$181.97M	USD	1 Quarter
Unrealized (loss) gain on available for sale marketable securities, tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$929.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$197.42M	USD	2 Qtrs
Unrealized (loss) gain on available for sale marketable securities, tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$553.00K	USD	1 Quarter
Unrealized (loss) gain on available for sale marketable securities, tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-4.12M	USD	2 Qtrs
Unrealized (loss) gain on available for sale marketable securities, tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$9.62M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.41M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale marketable securities, net of income tax (expense) benefit of $553 and $929 for the three months ended July 31, 2023 and 2022, respectively, and $(4,121) and $9,615 for the six months ended July 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.92M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale marketable securities, net of income tax (expense) benefit of $553 and $929 for the three months ended July 31, 2023 and 2022, respectively, and $(4,121) and $9,615 for the six months ended July 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$13.68M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale marketable securities, net of income tax (expense) benefit of $553 and $929 for the three months ended July 31, 2023 and 2022, respectively, and $(4,121) and $9,615 for the six months ended July 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-30.26M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale marketable securities, net of income tax (expense) benefit of $553 and $929 for the three months ended July 31, 2023 and 2022, respectively, and $(4,121) and $9,615 for the six months ended July 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$211.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$129.15M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$42.83M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$180.14M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.