Datto Holding (MSP) 10-Q 11 Aug 21 2021 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2021	Jul. 31, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	001-39637
Entity Registrant Name	DATTO HOLDING CORP.
Entity Central Index Key	0001724570
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	81-3345706
Entity Address, Address Line One	101 Merritt 7
Entity Address, City or Town	Norwalk
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06851
City Area Code	888
Local Phone Number	995-1431
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	MSP
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		162,276,988

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 178,605	$ 168,877
Restricted cash	1,360	1,536
Accounts receivable, net	11,198	13,946
Inventory	26,773	13,811
Prepaid expenses and other current assets	33,312	28,316
Total current assets	251,248	226,486
Property and equipment, net	97,649	91,876
Operating lease assets	31,909	0
Goodwill	1,144,327	1,120,954
Intangible assets, net	302,217	287,395
Other assets	77,812	66,560
Total assets	1,905,162	1,793,271
Current liabilities
Accounts payable	13,508	7,574
Accrued expenses and other current liabilities	45,357	39,461
Deferred revenue	22,323	23,763
Total current liabilities	81,188	70,798
Deferred revenue, noncurrent	2,956	3,322
Deferred income taxes	29,346	18,947
Operating lease liabilities, noncurrent	33,146	0
Other long-term liabilities	4,050	11,736
Total liabilities	150,686	104,803
Commitments and contingencies (Note 8)
STOCKHOLDERS' EQUITY
Preferred stock, $0.001 par value; 50,000,000 authorized at June 30, 2021 and December 31, 2020; no shares issued or outstanding at June 30, 2021 or December 31, 2020	0	0
Common stock, $0.001 par value; 500,000,000 shares authorized at June 30, 2021 and December 31, 2020; 162,390,433 and 161,420,016 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively (inclusive of treasury stock)	162	161
Additional paid-in capital	1,788,843	1,755,387
Treasury stock, at cost; 362,126 shares at June 30, 2021 and December 31, 2020	(3,621)	(3,621)
Accumulated deficit	(33,024)	(65,226)
Accumulated other comprehensive income	2,116	1,767
Total stockholders’ equity	1,754,476	1,688,468
Total liabilities and stockholders’ equity	$ 1,905,162	$ 1,793,271

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value (in usd per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	162,390,433	161,420,016
Common stock, shares outstanding (in shares)	162,390,433	161,420,016
Treasury stock (in shares)	362,126	362,126

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenue:
Revenue	$ 151,602	$ 124,463	$ 296,511	$ 249,126
Cost of revenue:
Depreciation and amortization	8,598	5,226	15,223	10,220
Total cost of revenue	42,909	34,118	81,464	71,533
Gross profit	108,693	90,345	215,047	177,593
Operating expenses:
Sales and marketing	32,135	27,162	64,061	59,119
Research and development	27,344	16,010	49,818	32,743
General and administrative	26,485	20,172	51,106	41,956
Depreciation and amortization	6,453	6,863	13,023	13,780
Total operating expenses	92,417	70,207	178,008	147,598
Income from operations	16,276	20,138	37,039	29,995
Other expense:
Interest expense	175	7,519	277	16,525
Other income, net	(95)	(1,744)	(114)	(415)
Total other expense	80	5,775	163	16,110
Income before income taxes	16,196	14,363	36,876	13,885
Benefit from (provision for) income taxes	720	(5,596)	(4,674)	(3,765)
Net income	$ 16,916	$ 8,767	$ 32,202	$ 10,120
Net income per share attributable to common stockholders:
Basic (in usd per share)	$ 0.10	$ 0.06	$ 0.20	$ 0.07
Diluted (in usd per share)	$ 0.10	$ 0.06	$ 0.20	$ 0.07
Weighted-average shares used in computing net income per share:
Basic (in shares)	161,466,852	135,548,740	161,267,734	135,468,029
Diluted (in shares)	165,452,865	136,159,449	165,094,740	136,214,530
Subscription
Revenue:
Revenue	$ 141,743	$ 117,600	$ 277,333	$ 233,595
Cost of revenue:
Cost of revenue	21,638	20,105	42,568	41,871
Device
Revenue:
Revenue	9,025	6,053	17,410	14,134
Cost of revenue:
Cost of revenue	11,124	7,258	20,622	16,375
Professional services and other
Revenue:
Revenue	834	810	1,768	1,397
Cost of revenue:
Cost of revenue	$ 1,549	$ 1,529	$ 3,051	$ 3,067

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 16,916	$ 8,767	$ 32,202	$ 10,120
Other comprehensive income (loss):
Currency translation adjustment	1,361	(79)	349	(779)
Total comprehensive income	$ 18,277	$ 8,688	$ 32,551	$ 9,341

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Treasury Stock	Additional Paid in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2019		135,655,428
Beginning balance at Dec. 31, 2019	$ 992,303	$ 136	$ (3,621)	$ 1,083,082	$ (87,724)	$ 430
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	1,914			1,914
Exercise of common stock options (in shares)		255,438
Exercise of common stock options	2,500			2,500
Other comprehensive loss	(700)					(700)
Net income	1,353				1,353
Ending balance (in shares) at Mar. 31, 2020		135,910,866
Ending balance at Mar. 31, 2020	997,370	$ 136	(3,621)	1,087,496	(86,371)	(270)
Beginning balance (in shares) at Dec. 31, 2019		135,655,428
Beginning balance at Dec. 31, 2019	992,303	$ 136	(3,621)	1,083,082	(87,724)	430
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	10,120
Ending balance (in shares) at Jun. 30, 2020		135,910,866
Ending balance at Jun. 30, 2020	1,007,916	$ 136	(3,621)	1,089,354	(77,604)	(349)
Beginning balance (in shares) at Mar. 31, 2020		135,910,866
Beginning balance at Mar. 31, 2020	997,370	$ 136	(3,621)	1,087,496	(86,371)	(270)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	1,858			1,858
Other comprehensive loss	(79)					(79)
Net income	8,767				8,767
Ending balance (in shares) at Jun. 30, 2020		135,910,866
Ending balance at Jun. 30, 2020	1,007,916	$ 136	(3,621)	1,089,354	(77,604)	(349)
Beginning balance (in shares) at Dec. 31, 2020		161,420,016
Beginning balance at Dec. 31, 2020	1,688,468	$ 161	(3,621)	1,755,387	(65,226)	1,767
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	11,511			11,511
Exercise of common stock options and vesting of restricted stock units (in shares)		19,139
Exercise of common stock options and vesting of restricted stock units	117			117
Other comprehensive loss	(1,012)					(1,012)
Net income	15,286				15,286
Ending balance (in shares) at Mar. 31, 2021		161,439,155
Ending balance at Mar. 31, 2021	1,714,370	$ 161	(3,621)	1,767,015	(49,940)	755
Beginning balance (in shares) at Dec. 31, 2020		161,420,016
Beginning balance at Dec. 31, 2020	$ 1,688,468	$ 161	(3,621)	1,755,387	(65,226)	1,767
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of common stock options (in shares)	962,563
Net income	$ 32,202
Ending balance (in shares) at Jun. 30, 2021		162,390,433
Ending balance at Jun. 30, 2021	1,754,476	$ 162	(3,621)	1,788,843	(33,024)	2,116
Beginning balance (in shares) at Mar. 31, 2021		161,439,155
Beginning balance at Mar. 31, 2021	1,714,370	$ 161	(3,621)	1,767,015	(49,940)	755
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	12,241			12,241
Exercise of common stock options and vesting of restricted stock units (in shares)		951,278
Exercise of common stock options and vesting of restricted stock units	9,588	$ 1		9,587
Other comprehensive loss	1,361					1,361
Net income	16,916				16,916
Ending balance (in shares) at Jun. 30, 2021		162,390,433
Ending balance at Jun. 30, 2021	$ 1,754,476	$ 162	$ (3,621)	$ 1,788,843	$ (33,024)	$ 2,116

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
OPERATING ACTIVITIES
Net income	$ 32,202	$ 10,120
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	15,389	12,846
Amortization of acquired intangible assets	12,857	11,154
Amortization of debt issuance costs	169	841
Reserve for inventory obsolescence	51	89
Non-cash operating lease expense	3,850	0
Stock-based compensation	23,752	3,772
Provision for bad debt	2,343	4,280
Deferred income taxes	3,570	2,771
Unrealized foreign exchange	(331)	551
Changes in operating assets and liabilities:
Accounts receivable	444	(1,155)
Inventory	(13,023)	(11,617)
Prepaid expenses and other current assets	(4,034)	(762)
Other assets	(11,381)	(2,759)
Accounts payable, accrued expenses and other	3,272	(4,520)
Deferred revenue	(2,033)	(1,636)
Net cash provided by operating activities	67,097	23,975
INVESTING ACTIVITIES
Purchase of property and equipment	(20,438)	(22,000)
Acquisition of business, net of cash acquired	(45,486)	0
Net cash used in investing activities	(65,924)	(22,000)
FINANCING ACTIVITIES
Proceeds from debt	0	32,100
Repayments of debt and capital leases	(46)	(3,029)
Capitalized transaction costs	(414)	(942)
Proceeds from stock option exercises	8,765	2,500
Net cash provided by financing activities	8,305	30,629
Effect of exchange rate changes on cash and cash equivalents	74	(676)
Net increase in cash and cash equivalents	9,552	31,928
Cash and cash equivalents and restricted cash, beginning of year	170,413	29,066
Cash and cash equivalents and restricted cash, end of period	179,965	60,994
Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents	178,605	59,550
Restricted cash	1,360	1,444
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for income taxes	1,150	88
Cash paid for interest	0	15,704
NON-CASH INVESTING AND FINANCING ACTIVITIES
Purchase of property and equipment included in accounts payable	708	729
Unpaid initial public offering costs in total current liabilities	$ 0	$ 1,589

Business

Business	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business	Business Description of Business Datto Holding Corp. (“Datto Holding”) provides cloud-based software and security solutions purpose-built for delivery through the managed service provider (“MSP”) channel to small and medium businesses (“SMB”). Unless the context otherwise indicates or requires, references to “Datto”, “we,” “us,” “our” and “the Company” shall refer to Datto Holding and its wholly-owned subsidiaries as a combined entity. The Company’s platform enables its MSP partners to serve the SMB information technology market and includes mission critical cloud-based software and technologies that MSPs sell to SMBs, business management software to help MSPs scale their own businesses, and marketing tools, content, training and industry-leading events that cultivate an empowered and highly engaged MSP partner community. The Company typically has no contractual relationship with the SMBs and considers its MSP partners to be the customers. By selling through the MSP channel, the Company is able to cost-effectively scale the reach of the Company’s solutions and support the global requirements of SMBs without a direct-to-SMB sales and support model. Initial Public Offering On October 23, 2020, the Company completed an initial public offering (“IPO”) of its common stock. As part of the IPO, the Company issued and sold 22,000,000 shares of its common stock at a public offering price of $27.00 per share. The Company received proceeds of approximately $558.0 million from the IPO, after deducting the underwriting discount. In addition, on November 3, 2020, the underwriters exercised in full their option to purchase 3,300,000 additional shares of common stock at a price of $27.00 per share, resulting in proceeds of approximately $83.6 million, after deducting the underwriting discount. The Company utilized the IPO proceeds to repay the outstanding principal balances under the 2019 Credit Agreement of $590.2 million, to pay $5.3 million of IPO offering costs, and to pay $1.2 million in debt issuance costs under the 2020 Credit Agreement. Upon entering the 2020 Credit Agreement in October 2020, the 2019 Credit Agreement was terminated. As of June 30, 2021, funds controlled by Vista Equity Partners (“Vista”) owned approximately 70.2% of the Company’s outstanding common stock, excluding treasury shares. As a result, the Company is a “controlled company” under New York Stock Exchange (“NYSE”) corporate governance rules. Sales to and purchases from and balances due to or from Vista and it's portfolio companies as of and for the three and six months ended June 30, 2021 and 2020 were immaterial. Emerging Growth Company Status The Company is an emerging growth company (“EGC”), as defined in the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). Under the JOBS Act, EGCs can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act, until such time as those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies until the earlier of the date that the Company (i) is no longer an EGC or (ii) affirmatively and irrevocably opts out of the extended transition period provided in the JOBS Act. As a result, the Company’s condensed consolidated financial statements may not be comparable to the financial statements of issuers who are required to comply with the effective dates for new or revised accounting standards based on public company effective dates. On June 30, 2021, the last day of the Company’s second fiscal quarter in 2021, the market value of the Company’s common equity held by non-affiliates exceeded $700 million. Accordingly, the Company will no longer qualify as an EGC, rather, it will be deemed a large accelerated filer as of December 31, 2021. Accordingly, the Company will no longer have the ability to take advantage of the extended transition period to comply with new or revised accounting standards.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Unaudited Interim Financial Information The unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and the requirements of the Securities and Exchange Commission (“SEC”) for interim reporting. As permitted under those rules, certain footnotes or other financial information that are normally required by GAAP can be condensed or omitted. These financial statements have been prepared on the same basis as the Company’s annual financial statements and, in the opinion of management, reflect all adjustments, consisting only of normal recurring adjustments, which are necessary for the fair statement of the Company’s financial information. These interim results are not necessarily indicative of the results to be expected for the fiscal year ending December 31, 2021 or for any other interim period or for any other future year. The accompanying unaudited condensed consolidated financial statements and related financial information should be read in conjunction with the audited consolidated financial statements and the related notes contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, as filed with the SEC on March 11, 2021 (the “Annual Report”). There continue to be many uncertainties regarding the ongoing coronavirus 2019 (“COVID-19”) pandemic, and the Company continues to monitor the impact of the pandemic on all aspects of its business, including how it has impacted and may continue to impact the Company’s operations and the operations of its MSP partners and their SMB customers in the future, including as a result of travel restrictions and/or business shutdowns. The governments of many of the countries in which the Company operates have eased the earlier measures to control the spread of COVID-19. However, it is not possible at this time to estimate the impact that COVID-19 will continue to have on worldwide economic activity, the Company’s business, and the additional measures that may be taken by governments, businesses and other organizations in response to COVID-19 that could affect our business. The Company will continue to assess the evolving impact of the COVID-19 pandemic and will make adjustments to its operations as necessary. Basis of Presentation and Principles of Consolidation Datto Holding owns 100% of Merritt Holdco, Inc. (“Merritt Holdco”), which owns 100% of Datto, Inc., the Company’s primary operating company. Datto Holding has no operations or significant assets or liabilities other than its investment in Merritt Holdco. Accordingly, Datto Holding is dependent upon distributions from Merritt Holdco to fund any activity, including the payment of dividends. All obligations under Datto’s 2020 Credit Agreement, as defined in Note 9. Debt, are guaranteed by Merritt Holdco and certain direct and indirect subsidiaries of Datto, Inc. The condensed consolidated financial statements include the accounts of Datto Holding and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates and assumptions, including those related to revenue recognition, contract balances, contract acquisition costs, allowances for doubtful accounts, reserves for inventory obsolescence, useful lives and recoverability of long-lived assets, the incremental borrowing rate for operating leases, determining the fair value of assets acquired and liabilities assumed in business combinations, income taxes, stock-based compensation and contingencies. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, including the uncertainty surrounding rapidly changing market and economic conditions from the COVID-19 pandemic. Actual results could materially differ from these estimates. With the exception of the adoption of the lease standard discussed below, there have been no material changes to the Company’s significant accounting policies. Foreign Currency Translation The Company’s reporting currency is the U.S. Dollar. The functional currency of the Company's foreign subsidiaries is generally the local currency. Assets and liabilities are translated into U.S. Dollars at the exchange rates at the balance sheet date, equity accounts are translated at historical exchange rates and revenue, expenses, gains and losses are translated using average exchange rates for the reporting period. Resulting foreign currency translation adjustments are recorded directly within accumulated other comprehensive income (loss), a separate component of stockholders’ equity. Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in other (income) expense, net in the accompanying condensed consolidated statements of operations. Transaction gains and losses were immaterial for the six months ended June 30, 2021 and 2020. Cash and Cash Equivalents and Restricted Cash Cash is stated at fair value. As of June 30, 2021 and December 31, 2020, the U.S. dollar value of cash and restricted cash denominated in foreign currencies was $37.2 million and $28.1 million, respectively, and these balances were comprised principally of Canadian Dollars, Euros, Australian Dollars and British Pounds. Cash equivalents consist of short-term, highly liquid investments with an original maturity of three months or earlier. The Company did not hold any cash equivalents as of June 30, 2021 or December 31, 2020. Restricted cash primarily includes amounts held by banks as security related to lease arrangements for office space. Accounts Receivable, Net Trade accounts receivable are recorded at the invoiced amount and do not bear interest. Accounts receivable are presented net of an estimated allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts based upon an analysis of past credit history and the current financial condition of the Company's partners, as well as the consideration of expected trends based upon characteristics of the accounts receivable and general economic conditions. The Company also considers other specific operational factors which may impact the Company's ability to collect past due amounts, including the impact of COVID-19. Account balances are written off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The following table summarizes the activity of the allowance for doubtful accounts (in thousands):. Amount Balance as of December 31, 2020 $ 5,485 Provision for bad debt 2,343 Net reductions and other (1,300) Balance as of June 30, 2021 $ 6,528 Unbilled accounts receivable are included in the accounts receivable balances and represent revenue earned, but the amount is not contractually billable as of the balance sheet date. The unbilled accounts receivable balance is principally invoiced within the following month. As of June 30, 2021 and December 31, 2020, unbilled accounts receivable was $2.1 million and $3.0 million, respectively. Leases The Company determines if an arrangement is or contains a lease at inception by assessing whether the arrangement contains an identified asset and whether the Company has the right to control the identified asset. Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments in order to obtain the right to use the asset over the lease term. Lease liabilities are recognized at the lease commencement date based on the present value of future lease payments over the lease term. The Company elected to combine lease and non-lease components for its office and equipment leases. ROU assets are based on the measurement of the lease liability and also include any lease prepayments and any initial direct costs incurred, offset by tenant incentives received by the Company. For leases with an initial term of 12 months or less the Company does not recognize a ROU asset and corresponding lease liability. Rent expense for the Company’s operating leases is recognized on a straight-line basis over the lease term. Generally, the Company’s leases do not provide an implicit interest rate, and therefore the Company uses its incremental borrowing rate based on the estimated rate of interest for a collateralized borrowing over a similar term of the lease payments at the commencement date. The Company includes options to extend or terminate the lease in the determination of the ROU asset and corresponding lease liability when it is reasonably certain the Company will exercise the option. Recently Adopted Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update ( “ ASU ” ) 2016-02, Leases (Topic 842), (“ASC 842”). ASC 842 amends a number of aspects of lease accounting under ASC Topic 840 — Leases (“ASC 840”), including requiring lessees to recognize almost all leases with a term greater than one year as an ROU asset and corresponding lease liability, measured at the present value of the lease payments. ASC 842 provides a number of optional practical expedients in transition. On January 1, 2021, the Company adopted ASC 842 using the modified retrospective approach, and elected the practical expedients to i) not reassess its prior conclusions about lease identification under the new standard, ii) not reassess lease classification, and iii) not reassess initial direct costs. The Company did not elect the practical expedient allowing the use-of-hindsight which would require the Company to reassess the lease term of its leases based on all facts and circumstances through the effective date. Upon adoption of ASC 842 the Company recognized operating lease assets of $35.8 million and operating lease liabilities of $46.3 million at January 1, 2021. Prior period amounts were not restated and are reported in accordance with ASC 840. For a description of the Company’s leases, see Note 6. Leases. Accounting Pronouncements Issued but Not Yet Adopted In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASC 326”) . This standard changes the impairment model for most financial assets, including trade receivables and financial instruments and will require the Company to use a forward-looking expected loss method, which may result in earlier recognition of allowances for losses and require expected credit losses to be reflected as allowances rather than reductions in the amortized cost basis of financial assets. For public entities, the standard is currently effective. As the Company will cease to be an EGC as of December 31, 2021, the Company will adopt the standard on December 31, 2021, with the initial application of ASC 326 beginning on January 1, 2021. The Company is evaluating the impact this guidance will have on its consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASC 740”), which simplifies the accounting for income taxes by eliminating certain exceptions to the guidance in ASC 740 related i) to the approach for intraperiod tax allocation, ii) the methodology for calculating income taxes in an interim period and iii) the recognition of deferred tax liabilities for outside basis differences. The new guidance also simplifies aspects of the accounting for franchise taxes and enacted changes in tax laws or rates and clarifies the accounting for transactions that result in a step-up in the tax basis of goodwill and allocating consolidated income taxes to separate financial statements of entities not subject to income tax. The standard is currently effective for publicly traded companies. As the Company will cease to be an EGC as of December 31, 2021, the Company will adopt the standard on December 31, 2021, with the initial application of the standard beginning on January 1, 2021. Upon adoption, the Company must apply certain aspects of this standard retrospectively for all periods presented while other aspects are applied on a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year of adoption. The Company is currently evaluating the impact this guidance will have on the Company’s consolidated financial statements.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Disaggregation of Revenue The following table disaggregates revenue by service and timing of recognition (in thousands): Three Months Ended June 30, 2021 Device Professional Subscription Total Timing of revenue recognition: Recognized at a point in time $ 9,025 $ — $ — $ 9,025 Recognized over time — 834 141,743 142,577 Total $ 9,025 $ 834 $ 141,743 $ 151,602 Three Months Ended June 30, 2020 Device Professional Subscription Total Timing of revenue recognition: Recognized at a point in time $ 6,053 $ — $ — $ 6,053 Recognized over time — 810 117,600 118,410 Total $ 6,053 $ 810 $ 117,600 $ 124,463 Six Months Ended June 30, 2021 Device Professional Subscription Total Timing of revenue recognition: Recognized at a point in time $ 17,410 $ — $ — $ 17,410 Recognized over time — 1,768 277,333 279,101 Total $ 17,410 $ 1,768 $ 277,333 $ 296,511 Six Months Ended June 30, 2020 Device Professional Subscription Total Timing of revenue recognition: Recognized at a point in time $ 14,134 $ — $ — $ 14,134 Recognized over time — 1,397 233,595 234,992 Total $ 14,134 $ 1,397 $ 233,595 $ 249,126 The following table summarizes sales to customers by geography (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 United States $ 105,577 $ 91,486 $ 207,619 $ 183,022 International 46,025 32,977 88,892 66,104 Total $ 151,602 $ 124,463 $ 296,511 $ 249,126 Revenue by geography is determined by the billing address for the customer. Contract Balances Contract assets represent amounts for which the Company has recognized revenue, generally for device sales or contracts which contain free subscription periods pursuant to its revenue recognition policy, for contracts that have not yet been fully invoiced to customers where there is a remaining performance obligation. Contract assets relate to contractual arrangements which contain both a subscription and a device, a free subscription period or a professional service performance obligation. Amounts are recorded as a current asset or a non-current asset based on the amounts anticipated to be billed within one year of the balance sheet date. Current contract assets of $9.5 million and $7.7 million were included in prepaid expenses and other current assets as of June 30, 2021 and December 31, 2020, respectively. Non-current contract assets of $9.2 million and $7.9 million were included in other assets as of June 30, 2021 and December 31, 2020, respectively. Contract liabilities consist of customer payments in advance of revenue being recognized. Amounts anticipated to be recognized within one year of the balance sheet date are recorded as deferred revenue, current and the remaining portion is recorded as deferred revenue, noncurrent on the condensed consolidated balance sheets. Deferred revenue as of June 30, 2021 and December 31, 2020, was $25.3 million (of which $3.0 million was classified as non-current) and $27.1 million (of which $3.3 million was classified as non-current), respectively. Contract Acquisition Costs The Company capitalizes commission expenses paid to internal sales personnel for obtaining customer contracts, using a portfolio approach. Contract acquisition costs are included in other assets on the condensed consolidated balance sheets. Contract acquisition costs as of June 30, 2021 and December 31, 2020 were $55.9 million and $48.2 million, respectively. Remaining Performance Obligations Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at June 30, 2021 were approximately $341.0 million, of which greater than 50% is anticipated to be recognized in the next twelve months, with substantially all revenue related to performance obligations to be recognized within thirty-six months. The amount excludes month-to-month contracts.

Inventory

Inventory	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory, net of the reserves for obsolescence, consisted of the following (in thousands): June 30, December 31, Components $ 17,678 $ 8,914 Work in progress 2,948 580 Finished goods 6,147 4,317 Total inventory $ 26,773 $ 13,811

Property and Equipment, Net

Property and Equipment, Net	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment, net, consisted of the following (in thousands): Estimated June 30, December 31, Servers 3 - 5 $ 110,892 $ 96,048 Leasehold improvements (a) 31,229 32,455 Computer equipment 3 - 5 15,434 14,977 Internally developed software 3 11,010 7,811 Furniture and fixtures 5 5,795 6,305 Purchased software 3 1,031 999 Vehicles 5 136 103 Total property and equipment 175,527 158,698 Less: accumulated depreciation and amortization (77,878) (66,822) Total property and equipment, net $ 97,649 $ 91,876 (a) The shorter of the remaining lease term or useful life. The Company capitalized $3.2 million and $1.2 million of internally developed software costs during the six months ended June 30, 2021 and 2020, respectively. Depreciation expense included in cost of revenue and operating expenses was $5.9 million and $2.0 million, respectively, for the three months ended June 30, 2021, and $4.1 million and $2.5 million, respectively, for the three months ended June 30, 2020. Depreciation expense included in cost of revenue and operating expenses was $11.2 million and $4.2 million, respectively, for the six months ended June 30, 2021, and $7.9 million and $5.0 million, respectively, for the six months ended June 30, 2020.

Leases

Leases	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Leases	Leases The Company enters into operating leases from time to time, primarily for office space and co-located data centers. The Company’s leases have remaining lease terms which vary, up to approximately 9 years. These leases require monthly lease payments that may be subject to annual increases throughout the lease term. Certain of these leases also include options at the election of the Company to renew or extend the leases. The periods associated with these options to renew or extend have not been included in the determination of the ROU assets or lease liabilities associated with these leases as the Company did not consider it reasonably certain it would exercise the renewal options. For the three months ended June 30, 2021 and 2020, the Company recorded $2.3 million and $2.4 million, respectively, of operating lease costs in the condensed consolidated statements of operations. For the six months ended June 30, 2021 and 2020, the Company recorded $4.7 million and $4.9 million, respectively, of operating lease costs in the condensed consolidated statements of operations. Variable lease costs, which are comprised primarily of the Company's proportionate share of operating expenses, property taxes, and insurance, were $0.6 million and $1.2 million, for the three and six months ended June 30, 2021, respectively. Variable lease costs are not included in the measurement of the Company's ROU assets and lease liabilities. Cash paid for amounts related to operating lease liabilities for the six months ended June 30, 2021 was $5.2 million. The following represents the Company's future minimum payments under non-cancelable operating leases as of June 30, 2021 for each of the next five years and thereafter (in thousands): Remaining 2021 $ 5,039 2022 9,680 2023 9,918 2024 8,978 2025 5,398 Thereafter 6,727 Total future undiscounted lease payments $ 45,740 Less imputed interest 3,927 Total reported lease liability $ 41,813

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2021
Business Combinations [Abstract]
Acquisitions	AcquisitionsIn March 2021, the Company acquired BitDam Ltd., an Israel-based cyber threat detection company (“BitDam”). The business combination was accounted for under the acquisition method of accounting. The consideration paid was allocated to the tangible and intangible assets acquired and liabilities assumed based on their fair values as of the acquisition date. As of June 30, 2021, the Company has performed a preliminary valuation of the assets acquired and liabilities assumed, including the fair value of acquired intangible assets. The preliminary valuation is subject to adjustment as the Company finalizes the allocation during the measurement period. The preliminary allocation of the purchase consideration is as follows (in thousands): Acquisition of BitDam Assets acquired Other current and noncurrent assets $ 63 Property and equipment 49 Finite lived intangible assets 27,400 Goodwill 23,155 Total assets acquired $ 50,667 Other current and noncurrent liabilities 879 Deferred tax liabilities 4,302 Total liabilities assumed $ 5,181 Purchase consideration, net of cash acquired $ 45,486 The finite lived intangible assets consist of acquired developed technology with an estimated life of 5 years. The Company has recorded $1.4 million of amortization expense within cost of revenue for the six month period ended June 30, 2021 related to this asset.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and ContingenciesLiabilities for loss contingencies arising from claims, assessments, litigation, fines, and penalties are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred. The Company believes there is no litigation or other liabilities for loss contingencies pending, individually or in the aggregate, that could have a material adverse effect on the Company’s financial position, results of operations, or cash flows.

Debt

Debt	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Debt	Debt On October 23, 2020, Datto, Inc., as borrower (the “Borrower”), and certain of its direct and indirect wholly-owned subsidiaries of Datto (the “Guarantors,” and, together with the Borrower, the “Loan Parties”), entered into a new credit agreement with the lenders party thereto and Morgan Stanley Senior Funding, Inc., as administrative agent (the "2020 Credit Agreement"). The 2020 Credit Agreement is guaranteed by the “Guarantors” and is supported by a security interest in substantially all of the Loan Parties’ personal property and assets, subject to customary exceptions, as defined in the 2020 Credit Agreement. The 2020 Credit Agreement provides for an initial $200.0 million in commitments for revolving credit loans, which may be increased or decreased under specific circumstances, with a $40.0 million letter of credit sublimit and a $100.0 million alternative currency sublimit. In addition, the 2020 Credit Agreement provides for the ability of the Borrower to request term loan facilities. Borrowings pursuant to the 2020 Credit Agreement may be used for working capital and other general corporate purposes, including for acquisitions permitted under the 2020 Credit Agreement, and are scheduled to mature on October 23, 2025. The 2020 Credit Agreement contains certain customary representations and warranties and affirmative and negative covenants. At June 30, 2021, the Company was in compliance with all applicable covenants. The interest rates applicable to the revolving borrowings under the 2020 Credit Agreement, are, at the Borrower’s option, either (i) a base rate, equal to the greater of (a) the Prime Rate, (b) the Federal Funds Effective Rate plus 0.5% or (c) the Adjusted LIBO Rate for a one month Interest Period (each term as defined in the 2020 Credit Agreement) plus 1%, or (ii) the Adjusted LIBO Rate equal to the LIBO Rate for the applicable Interest Period, plus in the case of each of clauses (i) and (ii), the Applicable Rate (as defined in the 2020 Credit Agreement). The Applicable Rate (i) for base rate loans ranges from 0.25% to 1.0% per annum and (ii) for LIBO Rate loans ranges from 1.25% to 2.0% per annum, in each case, based on the Company's Senior Secured Net Leverage Ratio (as defined in the 2020 Credit Agreement). The 2020 Credit Agreement provides for a commitment fee ranging from 0.20% to 0.35% per annum of the average daily undrawn portion of the revolving commitments based on the Company's Senior Secured Net Leverage Ratio (as defined in the 2020 Credit Agreement). As of June 30, 2021 and December 31, 2020, the 2020 Credit Agreement was undrawn, with the exception of $1.9 million of outstanding letters of credit. The Company recorded amortization of the debt issuance costs and original issue discount of $0.1 million and $0.4 million as interest expense during the three months ended June 30, 2021 and 2020, respectively. The Company recorded amortization of the debt issuance costs and original issue discount of $0.2 million and $0.8 million as interest expense during the six months ended June 30, 2021 and 2020, respectively.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company may have equity awards outstanding under various plans, as described below. Datto 2021 Employee Stock Purchase Plan In May 2021 shareholders approved the Datto Holding Corp. 2021 Employee Stock Purchase Plan (“ESPP”). The ESPP contains a component intended to qualify as an “employee stock purchase plan” under Section 423 of the Internal Revenue Code (the “423 Component”) and a component primarily related to purchases by international employees. The ESPP provides all eligible Datto employees the opportunity to contribute up to 15% of their base earnings and other eligible compensation to purchase shares of Datto common stock. A participant can purchase a maximum of 1,000 shares of Datto common stock per biannual offering period, although participants in the 423 Component cannot purchase shares that would accrue at a rate which exceeds $25,000 of fair market value of Datto common stock (determined at the time of the grant) for each calendar year. The purchase price is equal to 85% of the fair market value of Datto common stock on the first or last day of the offering period, whichever is lower. There are 3,221,541 shares available for issuance under the ESPP, although none were outstanding at June 30, 2021. The pool of shares available for issuance under the ESPP is subject to an annual increase on the first day of each year beginning on January 1, 2022 and annually thereafter ending in 2031 equal to the lesser of (i) 1% of all classes of the Company’s shares outstanding on the last day of the immediately preceding calendar year and (ii) such smaller number of shares as may be determined by the Board; provided, however, no more than 16,000,000 shares may be issued in total under the 423 Component. Datto 2020 Omnibus Incentive Plan In conjunction with the IPO, in October 2020, the Board adopted the Datto Holding Corp. Omnibus Incentive Plan (the “2020 Plan”) in order to align the interests of the participants with the interests of the Company's stockholders. The 2020 Plan provides for the grant of stock options, stock appreciation rights, restricted stock, restricted stock units (“RSUs”), bonus stock, dividend equivalents, other stock-based awards, substitute awards, annual incentive awards and performance awards to employees, consultants, and members of the Board. Authorized shares under the 2020 Plan automatically increase each January 1st by 5% of the outstanding number of shares of the Company's common stock on the immediately preceding December 31st, or such lesser number of shares as determined by the Board. See below for a reconciliation of shares of the Company’s common stock reserved for issuance under the 2020 Plan. Under the 2020 Plan, 1,781,277 RSUs and 80,000 stock options were outstanding as of June 30, 2021. 2017 Stock Option Plan In December 2017, the Company adopted the 2017 Stock Option Plan (the “2017 Plan”), as amended, which provides for grants of stock options to employees, directors, officers, and consultants. As of June 30, 2021, 8,081,314 stock options were outstanding under the 2017 Plan. No additional awards may be issued under the 2017 Plan. Other Equity Plans The Company also has outstanding options which were issued under the Autotask Superior Holdings 2013 Stock Option Plan (the “Autotask Plan”). As of June 30, 2021, 326,945 fully-vested stock options were outstanding under the Autotask Plan. No additional awards may be issued under the Autotask Plan. In addition, the Company has two other plans, which were adopted in relation to grants to independent members of the Board, prior to the adoption of the 2020 Plan. As of June 30, 2021, 23,438 RSUs were outstanding and no additional awards may be issued under these plans. Stock Options The following table summarizes stock option activity related to all plans during the six months ended June 30, 2021 (in thousands, except share and per share amounts): Number of Weighted Weighted Aggregate Options outstanding at December 31, 2020 9,555,082 $ 10.49 7.5 $ 157,800 Options granted 80,000 $ 25.50 Options exercised (962,563) $ 9.98 Options forfeited & expired (184,260) $ 11.13 Options outstanding at June 30, 2021 8,488,259 $ 10.67 7.5 $ 145,738 Options vested and exercisable at June 30, 2021 4,712,800 $ 9.99 7.1 $ 84,108 The aggregate intrinsic value of stock options exercised during the six months ended June 30, 2021 and 2020 was $15.6 million and $1.2 million, respectively. The weighted average fair value of options granted to purchase common stock during the six months ended June 30, 2021 was $11.60. As of June 30, 2021, unrecognized compensation expense related to outstanding stock options was $33.9 million, which is expected to be recognized over the remaining weighted average term of 1.9 years. Restricted Stock Units The following table summarizes RSU activity under all plans during the six months ended June 30, 2021: Number of Weighted RSUs outstanding at December 31, 2020 696,338 $ 26.73 RSUs granted 1,151,559 $ 25.08 RSUs vested (12,157) $ 26.70 RSUs forfeited (31,075) $ 26.19 RSUs outstanding at June 30, 2021 1,804,665 $ 25.70 As of June 30, 2021, unrecognized compensation expense related to outstanding RSUs was $38.9 million, which is expected to be recognized over the remaining weighted average term of 3.2 years. Shares Available for Future Grants The following table summarizes the shares available for future grants under the 2020 Plan: Shares Balance at December 31, 2020 20,195,974 Annual authorization increase 8,071,001 Options and RSUs granted (1,231,559) Options and RSUs forfeited or expired 31,959 Balance at June 30, 2021 27,067,375 Stock-Based Compensation Expense Stock-based compensation expense for the three and six months ended June 30, 2021 and 2020 was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Cost of revenue—subscription $ 885 $ 21 $ 2,113 $ 41 Cost of revenue—device 45 — 107 — Cost of revenue—professional services and other 63 — 166 — Sales and marketing 1,842 635 4,137 1,279 Research and development 7,058 311 11,932 621 General and administrative 2,348 891 5,297 1,831 Total stock-based compensation expense $ 12,241 $ 1,858 $ 23,752 $ 3,772 The table reflects stock-based compensation expense based upon the functional role of the holder. Stock-based compensation expense for awards with only a time-based vesting condition was recorded in all periods presented. During the three and six months ended June 30, 2020, the Company also had awards which contained both a time-based and a performance-based vesting condition, which was the closing of an IPO. Stock-based compensation for these awards commenced during the fourth quarter of 2020 as a result of the Company's IPO ("IPO Contingent Options"). Additionally, in 2021 the Company issued restricted stock units with performance-based vesting conditions in relation to the acquisition of BitDam, for which stock-based compensation expense was recorded based on the expected achievement of the performance targets.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesThe Company recorded a benefit from income taxes of $0.7 million and a provision for income taxes of $5.6 million for the three months ended June 30, 2021 and 2020, respectively. The effective tax rate for the three months ended June 30, 2021 was (4.4%), driven by the favorable impact of a change in tax law in the state of Connecticut resulting in the ability to utilize additional research and development credits generated in prior years, the favorable impact of an amendment to the 2018 federal tax return as a result of clarification of certain tax guidance, and the tax benefit of employee stock option exercises. The Company incurred a provision for income taxes of $4.7 million and $3.8 million for the six months ended June 30, 2021 and 2020, respectively. The effective tax rate for the six months ended June 30, 2021 was 12.7%, reflecting the impacts discussed above.

Net Income per Share

Net Income per Share	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Net Income per Share	Net Income per ShareBasic net income per share attributable to common stockholders is calculated by dividing the net income attributable to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted net income per share attributable to common stockholders is calculated by giving effect to all potential shares of common stock, including the Company's outstanding stock options and common stock related to unvested RSUs, to the extent such potential shares are dilutive. For the purpose of computing diluted earnings per share, options with a performance-based vesting condition are considered contingently issuable, and such contingent shares are included in the denominator for computing diluted net income per share only once the performance condition is met, and only to the extent such options are dilutive. As described in Note 10. Stock-Based Compensation, the IPO Contingent Options contained a performance-vesting condition, and were only considered in computing diluted net income per share after the IPO in October of 2020. The calculation of basic and diluted income per share is as follows (in thousands, except share and per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Numerator: Net income attributable to common stockholders $ 16,916 $ 8,767 $ 32,202 $ 10,120 Denominator: Weighted-average shares used in computing net income per share attributable to common stockholders Basic 161,466,852 135,548,740 161,267,734 135,468,029 Total dilutive effect of outstanding equity awards 3,986,013 610,709 3,827,006 746,501 Diluted 165,452,865 136,159,449 165,094,740 136,214,530 Net income per share attributable to common stockholders Basic $ 0.10 $ 0.06 $ 0.20 $ 0.07 Diluted $ 0.10 $ 0.06 $ 0.20 $ 0.07 For the three and six month periods ended June 30, 2021 there were 59,121 and 57,737, respectively, of weighted-average outstanding options to purchase shares excluded from the computation of diluted net income per share attributable to common stockholders for the period presented because including them would have been antidilutive. For the three and six month periods ended June 30, 2020 there were 3,720,427 and 2,794,880, respectively, of weighted-average outstanding options to purchase shares excluded from the computation of diluted net income per share attributable to common stockholders for the period presented because including them would have been antidilutive.

Restructuring

Restructuring	6 Months Ended
	Jun. 30, 2021
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring In response to the COVID-19 pandemic, the Company undertook various measures during the second quarter of 2020 to mitigate the risk of potential reductions in revenue and delays or reductions in payments from the Company's customers. The measures included a focus on the Company's cost structure to match expenditures to its revised forecasts of revenue and cash generation activities at that time. As a result of these actions, the Company incurred approximately $3.8 million for restructuring activities in the second quarter of 2020, primarily related to severance for a reduction in workforce, including $0.6 million in cost of revenue and $3.2 million in operating expenses, all of which was paid as of December 31, 2020.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of ConsolidationDatto Holding owns 100% of Merritt Holdco, Inc. (“Merritt Holdco”), which owns 100% of Datto, Inc., the Company’s primary operating company. Datto Holding has no operations or significant assets or liabilities other than its investment in Merritt Holdco. Accordingly, Datto Holding is dependent upon distributions from Merritt Holdco to fund any activity, including the payment of dividends. All obligations under Datto’s 2020 Credit Agreement, as defined in Note 9. Debt, are guaranteed by Merritt Holdco and certain direct and indirect subsidiaries of Datto, Inc. The condensed consolidated financial statements include the accounts of Datto Holding and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates and assumptions, including those related to revenue recognition, contract balances, contract acquisition costs, allowances for doubtful accounts, reserves for inventory obsolescence, useful lives and recoverability of long-lived assets, the incremental borrowing rate for operating leases, determining the fair value of assets acquired and liabilities assumed in business combinations, income taxes, stock-based compensation and contingencies. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, including the uncertainty surrounding rapidly changing market and economic conditions from the COVID-19 pandemic. Actual results could materially differ from these estimates. With the exception of the adoption of the lease standard discussed below, there have been no material changes to the Company’s significant accounting policies.
Foreign Currency Translation	Foreign Currency Translation The Company’s reporting currency is the U.S. Dollar. The functional currency of the Company's foreign subsidiaries is generally the local currency. Assets and liabilities are translated into U.S. Dollars at the exchange rates at the balance sheet date, equity accounts are translated at historical exchange rates and revenue, expenses, gains and losses are translated using average exchange rates for the reporting period. Resulting foreign currency translation adjustments are
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash Cash is stated at fair value. As of June 30, 2021 and December 31, 2020, the U.S. dollar value of cash and restricted cash denominated in foreign currencies was $37.2 million and $28.1 million, respectively, and these balances were comprised principally of Canadian Dollars, Euros, Australian Dollars and British Pounds. Cash equivalents consist of short-term, highly liquid investments with an original maturity of three months or earlier. The Company did not hold any cash equivalents as of June 30, 2021 or December 31, 2020. Restricted cash primarily includes amounts held by banks as security related to lease arrangements for office space.
Accounts Receivable, Net	Accounts Receivable, Net Trade accounts receivable are recorded at the invoiced amount and do not bear interest. Accounts receivable are presented net of an estimated allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts based upon an analysis of past credit history and the current financial condition of the Company's partners, as well as the consideration of expected trends based upon characteristics of the accounts receivable and general economic conditions. The Company also considers other specific operational factors which may impact the Company's ability to collect past due amounts, including the impact of COVID-19. Account balances are written off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote.
Leases	Leases The Company determines if an arrangement is or contains a lease at inception by assessing whether the arrangement contains an identified asset and whether the Company has the right to control the identified asset. Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments in order to obtain the right to use the asset over the lease term. Lease liabilities are recognized at the lease commencement date based on the present value of future lease payments over the lease term. The Company elected to combine lease and non-lease components for its office and equipment leases. ROU assets are based on the measurement of the lease liability and also include any lease prepayments and any initial direct costs incurred, offset by tenant incentives received by the Company. For leases with an initial term of 12 months or less the Company does not recognize a ROU asset and corresponding lease liability. Rent expense for the Company’s operating leases is recognized on a straight-line basis over the lease term.
Recently Adopted Accounting Pronouncements and Accounting Pronouncements Issued but Not Yet Adopted	Recently Adopted Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update ( “ ASU ” ) 2016-02, Leases (Topic 842), (“ASC 842”). ASC 842 amends a number of aspects of lease accounting under ASC Topic 840 — Leases (“ASC 840”), including requiring lessees to recognize almost all leases with a term greater than one year as an ROU asset and corresponding lease liability, measured at the present value of the lease payments. ASC 842 provides a number of optional practical expedients in transition. On January 1, 2021, the Company adopted ASC 842 using the modified retrospective approach, and elected the practical expedients to i) not reassess its prior conclusions about lease identification under the new standard, ii) not reassess lease classification, and iii) not reassess initial direct costs. The Company did not elect the practical expedient allowing the use-of-hindsight which would require the Company to reassess the lease term of its leases based on all facts and circumstances through the effective date. Upon adoption of ASC 842 the Company recognized operating lease assets of $35.8 million and operating lease liabilities of $46.3 million at January 1, 2021. Prior period amounts were not restated and are reported in accordance with ASC 840. For a description of the Company’s leases, see Note 6. Leases. Accounting Pronouncements Issued but Not Yet Adopted In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASC 326”) . This standard changes the impairment model for most financial assets, including trade receivables and financial instruments and will require the Company to use a forward-looking expected loss method, which may result in earlier recognition of allowances for losses and require expected credit losses to be reflected as allowances rather than reductions in the amortized cost basis of financial assets. For public entities, the standard is currently effective. As the Company will cease to be an EGC as of December 31, 2021, the Company will adopt the standard on December 31, 2021, with the initial application of ASC 326 beginning on January 1, 2021. The Company is evaluating the impact this guidance will have on its consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASC 740”), which simplifies the accounting for income taxes by eliminating certain exceptions to the guidance in ASC 740 related i) to the approach for intraperiod tax allocation, ii) the methodology for calculating income taxes in an interim period and iii) the recognition of deferred tax liabilities for outside basis differences. The new guidance also simplifies aspects of the accounting for franchise taxes and enacted changes in tax laws or rates and clarifies the accounting for transactions that result in a step-up in the tax basis of goodwill and allocating consolidated income taxes to separate financial statements of entities not subject to income tax. The standard is currently effective for publicly traded companies. As the Company will cease to be an EGC as of December 31, 2021, the Company will adopt the standard on December 31, 2021, with the initial application of the standard beginning on January 1, 2021. Upon adoption, the Company must apply certain aspects of this standard retrospectively for all periods presented while other aspects are applied on a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year of adoption. The Company is currently evaluating the impact this guidance will have on the Company’s consolidated financial statements.
Net Income per Share	Net Income per ShareBasic net income per share attributable to common stockholders is calculated by dividing the net income attributable to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted net income per share attributable to common stockholders is calculated by giving effect to all potential shares of common stock, including the Company's outstanding stock options and common stock related to unvested RSUs, to the extent such potential shares are dilutive. For the purpose of computing diluted earnings per share, options with a performance-based vesting condition are considered contingently issuable, and such contingent shares are included in the denominator for computing diluted net income per share only once the performance condition is met, and only to the extent such options are dilutive.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Summary of Allowance for Doubtful Accounts	The following table summarizes the activity of the allowance for doubtful accounts (in thousands):. Amount Balance as of December 31, 2020 $ 5,485 Provision for bad debt 2,343 Net reductions and other (1,300) Balance as of June 30, 2021 $ 6,528

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Summary of Disaggregation Revenue	The following table disaggregates revenue by service and timing of recognition (in thousands): Three Months Ended June 30, 2021 Device Professional Subscription Total Timing of revenue recognition: Recognized at a point in time $ 9,025 $ — $ — $ 9,025 Recognized over time — 834 141,743 142,577 Total $ 9,025 $ 834 $ 141,743 $ 151,602 Three Months Ended June 30, 2020 Device Professional Subscription Total Timing of revenue recognition: Recognized at a point in time $ 6,053 $ — $ — $ 6,053 Recognized over time — 810 117,600 118,410 Total $ 6,053 $ 810 $ 117,600 $ 124,463 Six Months Ended June 30, 2021 Device Professional Subscription Total Timing of revenue recognition: Recognized at a point in time $ 17,410 $ — $ — $ 17,410 Recognized over time — 1,768 277,333 279,101 Total $ 17,410 $ 1,768 $ 277,333 $ 296,511 Six Months Ended June 30, 2020 Device Professional Subscription Total Timing of revenue recognition: Recognized at a point in time $ 14,134 $ — $ — $ 14,134 Recognized over time — 1,397 233,595 234,992 Total $ 14,134 $ 1,397 $ 233,595 $ 249,126
Summary of Disaggregation Revenue By Geography	The following table summarizes sales to customers by geography (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 United States $ 105,577 $ 91,486 $ 207,619 $ 183,022 International 46,025 32,977 88,892 66,104 Total $ 151,602 $ 124,463 $ 296,511 $ 249,126

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
Summary of Composition of Inventories	Inventory, net of the reserves for obsolescence, consisted of the following (in thousands): June 30, December 31, Components $ 17,678 $ 8,914 Work in progress 2,948 580 Finished goods 6,147 4,317 Total inventory $ 26,773 $ 13,811

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Summary of Property and Equipment, Net	Property and equipment, net, consisted of the following (in thousands): Estimated June 30, December 31, Servers 3 - 5 $ 110,892 $ 96,048 Leasehold improvements (a) 31,229 32,455 Computer equipment 3 - 5 15,434 14,977 Internally developed software 3 11,010 7,811 Furniture and fixtures 5 5,795 6,305 Purchased software 3 1,031 999 Vehicles 5 136 103 Total property and equipment 175,527 158,698 Less: accumulated depreciation and amortization (77,878) (66,822) Total property and equipment, net $ 97,649 $ 91,876 (a) The shorter of the remaining lease term or useful life.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Schedule of Future Minimum Payments Under Non-Cancelable Operating Leases	The following represents the Company's future minimum payments under non-cancelable operating leases as of June 30, 2021 for each of the next five years and thereafter (in thousands): Remaining 2021 $ 5,039 2022 9,680 2023 9,918 2024 8,978 2025 5,398 Thereafter 6,727 Total future undiscounted lease payments $ 45,740 Less imputed interest 3,927 Total reported lease liability $ 41,813

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2021
Business Combinations [Abstract]
Schedule of Business Acquisition	The preliminary allocation of the purchase consideration is as follows (in thousands): Acquisition of BitDam Assets acquired Other current and noncurrent assets $ 63 Property and equipment 49 Finite lived intangible assets 27,400 Goodwill 23,155 Total assets acquired $ 50,667 Other current and noncurrent liabilities 879 Deferred tax liabilities 4,302 Total liabilities assumed $ 5,181 Purchase consideration, net of cash acquired $ 45,486

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
Summary of Stock Option Activity	The following table summarizes stock option activity related to all plans during the six months ended June 30, 2021 (in thousands, except share and per share amounts): Number of Weighted Weighted Aggregate Options outstanding at December 31, 2020 9,555,082 $ 10.49 7.5 $ 157,800 Options granted 80,000 $ 25.50 Options exercised (962,563) $ 9.98 Options forfeited & expired (184,260) $ 11.13 Options outstanding at June 30, 2021 8,488,259 $ 10.67 7.5 $ 145,738 Options vested and exercisable at June 30, 2021 4,712,800 $ 9.99 7.1 $ 84,108
Schedule of RSU Activity	The following table summarizes RSU activity under all plans during the six months ended June 30, 2021: Number of Weighted RSUs outstanding at December 31, 2020 696,338 $ 26.73 RSUs granted 1,151,559 $ 25.08 RSUs vested (12,157) $ 26.70 RSUs forfeited (31,075) $ 26.19 RSUs outstanding at June 30, 2021 1,804,665 $ 25.70
Summary of the Options Available for Future Grants	The following table summarizes the shares available for future grants under the 2020 Plan: Shares Balance at December 31, 2020 20,195,974 Annual authorization increase 8,071,001 Options and RSUs granted (1,231,559) Options and RSUs forfeited or expired 31,959 Balance at June 30, 2021 27,067,375
Summary of Stock-based Compensation Expense	Stock-based compensation expense for the three and six months ended June 30, 2021 and 2020 was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Cost of revenue—subscription $ 885 $ 21 $ 2,113 $ 41 Cost of revenue—device 45 — 107 — Cost of revenue—professional services and other 63 — 166 — Sales and marketing 1,842 635 4,137 1,279 Research and development 7,058 311 11,932 621 General and administrative 2,348 891 5,297 1,831 Total stock-based compensation expense $ 12,241 $ 1,858 $ 23,752 $ 3,772

Net Income per Share (Tables)

Net Income per Share (Tables)	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Summary of Net Income (Loss) per Share	The calculation of basic and diluted income per share is as follows (in thousands, except share and per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Numerator: Net income attributable to common stockholders $ 16,916 $ 8,767 $ 32,202 $ 10,120 Denominator: Weighted-average shares used in computing net income per share attributable to common stockholders Basic 161,466,852 135,548,740 161,267,734 135,468,029 Total dilutive effect of outstanding equity awards 3,986,013 610,709 3,827,006 746,501 Diluted 165,452,865 136,159,449 165,094,740 136,214,530 Net income per share attributable to common stockholders Basic $ 0.10 $ 0.06 $ 0.20 $ 0.07 Diluted $ 0.10 $ 0.06 $ 0.20 $ 0.07

Business - Additional informati

Business - Additional information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Nov. 03, 2020	Oct. 23, 2020	Jun. 30, 2021	Jun. 30, 2020
Nature Of Business [Line Items]
Payments of stock issuance costs			$ 414	$ 942
2020 Credit Agreement
Nature Of Business [Line Items]
Payments related to debt issuance costs		$ 1,200
Term Loan Facility | 2019 Credit Agreement
Nature Of Business [Line Items]
Repayments of debt		$ 590,200
Vista
Nature Of Business [Line Items]
Entity ownership percentage by parent			70.20%
IPO
Nature Of Business [Line Items]
Stock issued during the period shares	3,300,000	22,000,000
Shares issued price per share	$ 27	$ 27
Proceeds from sale of stock	$ 83,600	$ 558,000
Payments of stock issuance costs		$ 5,300

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Jan. 01, 2021	Dec. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Unbilled accounts receivable current	$ 2,100		$ 3,000
Operating lease assets	31,909		0
Operating lease liabilities	$ 41,813
Merrit Holdco
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Ownership percentage	100.00%
Datto, Inc. | Merrit Holdco
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Ownership percentage	100.00%
International
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and restricted cash	$ 37,200		$ 28,100
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease assets		$ 35,800
Operating lease liabilities		$ 46,300

Significant Accounting Polici_5

Significant Accounting Policies - Summary of Allowance for Doubtful Accounts (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance as of December 31, 2020	$ 5,485
Provision for bad debt	2,343	$ 4,280
Net reductions and other	(1,300)
Balance as of June 30, 2021	$ 6,528

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation Revenue by Service (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
Revenue	$ 151,602	$ 124,463	$ 296,511	$ 249,126
Recognized at a point in time
Disaggregation of Revenue [Line Items]
Revenue	9,025	6,053	17,410	14,134
Recognized over time
Disaggregation of Revenue [Line Items]
Revenue	142,577	118,410	279,101	234,992
Device
Disaggregation of Revenue [Line Items]
Revenue	9,025	6,053	17,410	14,134
Device | Recognized at a point in time
Disaggregation of Revenue [Line Items]
Revenue	9,025	6,053	17,410	14,134
Device | Recognized over time
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Professional Services
Disaggregation of Revenue [Line Items]
Revenue	834	810	1,768	1,397
Professional Services | Recognized at a point in time
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Professional Services | Recognized over time
Disaggregation of Revenue [Line Items]
Revenue	834	810	1,768	1,397
Subscription
Disaggregation of Revenue [Line Items]
Revenue	141,743	117,600	277,333	233,595
Subscription | Recognized at a point in time
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Subscription | Recognized over time
Disaggregation of Revenue [Line Items]
Revenue	$ 141,743	$ 117,600	$ 277,333	$ 233,595

Revenue Recognition - Disaggr_2

Revenue Recognition - Disaggregation Revenue By Geography (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
Revenue	$ 151,602	$ 124,463	$ 296,511	$ 249,126
United States
Disaggregation of Revenue [Line Items]
Revenue	105,577	91,486	207,619	183,022
International
Disaggregation of Revenue [Line Items]
Revenue	$ 46,025	$ 32,977	$ 88,892	$ 66,104

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Contract with customer, asset, current	$ 9,500	$ 7,700
Contract with customer, asset, non current	9,200	7,900
Contract with customer, liability	25,300	27,100
Contract with customer, liability, noncurrent	2,956	3,322
Contract acquisition costs	$ 55,900	$ 48,200

Revenue Recognition - Remaining

Revenue Recognition - Remaining Performance Obligations (Detail) $ in Millions	Jun. 30, 2021USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining unsatisfied performance obligations	$ 341
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining unsatisfied performance obligations, percentage	50.00%
Remaining unsatisfied performance obligation, period	12 months
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 unsatisfied performance obligations, percentage	50.00%
Remaining unsatisfied performance obligation, period	24 months

Inventory - Summary of Composit

Inventory - Summary of Composition of Inventories (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Components	$ 17,678	$ 8,914
Work in progress	2,948	580
Finished goods	6,147	4,317
Total inventory	$ 26,773	$ 13,811

Property and Equipment, Net - S

Property and Equipment, Net - Summary of Property and Equipment, Net (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 175,527	$ 158,698
Less: accumulated depreciation and amortization	(77,878)	(66,822)
Total property and equipment, net	97,649	91,876
Servers
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 110,892	96,048
Servers | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in Years)	3 years
Servers | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in Years)	5 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 31,229	32,455
Computer equipment
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 15,434	14,977
Computer equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in Years)	3 years
Computer equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Life (in Years)	5 years
Internally developed software
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 11,010	7,811
Estimated Useful Life (in Years)	3 years
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 5,795	6,305
Estimated Useful Life (in Years)	5 years
Purchased software
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 1,031	999
Estimated Useful Life (in Years)	3 years
Vehicles
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 136	$ 103
Estimated Useful Life (in Years)	5 years

Property and Equipment, Net - A

Property and Equipment, Net - Additional information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Capitalization of internally developed software costs			$ 3,200	$ 1,200
Depreciation, cost of revenue	$ 5,900	$ 4,100	11,200	7,900
Depreciation, operating expense	$ 2,000	$ 2,500	$ 4,200	$ 5,000

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Leases [Abstract]
Remaining lease terms (years)	9 years		9 years
Operating lease costs	$ 2,300	$ 2,400	$ 4,700	$ 4,900
Variable lease costs	$ 600		1,200
Operating cash flows from operating leases			$ 5,200
Weighted average remaining lease term (years)	5 years 1 month 6 days		5 years 1 month 6 days
Weighted average discount rate, percent	3.30%		3.30%
Right-of-use assets	$ 31,909		$ 31,909		$ 0
Operating lease liabilities, current	8,700		8,700
Operating lease liabilities, noncurrent	$ 33,146		$ 33,146		$ 0

Leases - Future Minimum Payment

Leases - Future Minimum Payments Under Non-Cancelable Operating Leases (Details) $ in Thousands	Jun. 30, 2021USD ($)
Leases [Abstract]
Remaining 2021	$ 5,039
2022	9,680
2023	9,918
2024	8,978
2025	5,398
Thereafter	6,727
Total future undiscounted lease payments	45,740
Less imputed interest	3,927
Total reported lease liability	$ 41,813

Acquisitions - Business Acquisi

Acquisitions - Business Acquisitions (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Business Combination, Provisional Information [Abstract]
Goodwill	$ 1,144,327		$ 1,120,954
BitDam
Business Combination, Provisional Information [Abstract]
Other current and noncurrent assets		$ 63
Property and equipment		49
Finite lived intangible assets		27,400
Goodwill		23,155
Total assets acquired		50,667
Other current and noncurrent liabilities		879
Deferred tax liabilities		4,302
Total liabilities assumed		5,181
Purchase consideration, net of cash acquired		$ 45,486

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Acquisitions [Line Items]
Estimated amortization	$ 12,857	$ 11,154
Costs incurred	900
BitDam
Acquisitions [Line Items]
Estimated amortization	$ 1,400
BitDam | Developed Technology Rights
Acquisitions [Line Items]
Useful life of intangible asset	5 years

Debt (Detail)

Debt (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Oct. 23, 2020
Line of Credit Facility [Line Items]
Amortization of debt issuance costs	$ 100,000	$ 400,000	$ 200,000	$ 800,000
2020 Credit Agreement | Minimum
Line of Credit Facility [Line Items]
Commitment fee, percent			0.20%
2020 Credit Agreement | Maximum
Line of Credit Facility [Line Items]
Commitment fee, percent			0.35%
2020 Credit Agreement | Federal Funds Effective Rate
Line of Credit Facility [Line Items]
Interest rate, percent			0.50%
2020 Credit Agreement | LIBOR
Line of Credit Facility [Line Items]
Interest rate, percent			1.00%
2020 Credit Agreement | LIBOR | Minimum
Line of Credit Facility [Line Items]
Interest rate, percent			1.25%
2020 Credit Agreement | LIBOR | Maximum
Line of Credit Facility [Line Items]
Interest rate, percent			2.00%
2020 Credit Agreement | Base Rate | Minimum
Line of Credit Facility [Line Items]
Interest rate, percent			0.25%
2020 Credit Agreement | Base Rate | Maximum
Line of Credit Facility [Line Items]
Interest rate, percent			1.00%
Revolving Credit Facility | 2020 Credit Agreement
Line of Credit Facility [Line Items]
Line of credit maximum borrowing capacity						$ 200,000,000
Letters of credit	$ 1,900,000		$ 1,900,000		$ 1,900,000
Revolving Credit Facility | 2019 Credit Agreement
Line of Credit Facility [Line Items]
Line of credit maximum borrowing capacity						50,000,000
Letter of Credit | 2020 Credit Agreement
Line of Credit Facility [Line Items]
Line of credit maximum borrowing capacity						40,000,000
Alternative Currency | 2020 Credit Agreement
Line of Credit Facility [Line Items]
Line of credit maximum borrowing capacity						100,000,000
Term Loan Facility | 2019 Credit Agreement
Line of Credit Facility [Line Items]
Debt instrument, face amount						$ 550,000,000

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2021USD ($)stockOptionPlan$ / sharesshares	Jun. 30, 2020USD ($)	Dec. 31, 2020shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	8,488,259		9,555,082
Aggregate intrinsic value of stock options exercised | $	$ 15,600,000	$ 1,200,000
Weighted average fair value of options granted (in usd per share) | $ / shares	$ 11.60
Unrecognized compensation expense | $	$ 33,900,000
Recognized over the remaining weighted-average vesting term (years)	1 year 10 months 24 days
2020 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-option equity instruments, outstanding (in shares)	1,781,277
Shares authorized, annual increase, percentage	5.00%
Options outstanding (in shares)	80,000
2017 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	8,081,314
Autotask Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-option equity instruments, outstanding (in shares)	326,945
Stock Option Plans Prior to 2020 Plan Adoption
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-option equity instruments, outstanding (in shares)	23,438
Number of stock option plans | stockOptionPlan	2
Employee Stock | Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum employee subscription rate, percent	15.00%
Maximum number of shares per offering period, per employee	1,000
Maximum common stock value per employee | $	$ 25,000
Purchase price of common stock, percent	85.00%
Shares authorized (in shares)	3,221,541
Non-option equity instruments, outstanding (in shares)	0
Shares authorized, annual increase, percentage	1.00%
Maximum common stock capital shares available for future issuance	16,000,000
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized over the remaining weighted-average vesting term (years)	3 years 2 months 12 days
Unrecognized compensation expense | $	$ 38,900,000

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Number of Shares
Options outstanding at December 31, 2020 (in shares)	9,555,082
Options granted (in shares)	80,000
Options exercised (in shares)	(962,563)
Options forfeited & expired (in shares)	(184,260)
Options outstanding at June 30, 2021 (in shares)	8,488,259	9,555,082
Options vested and exercisable (in shares)	4,712,800
Weighted Average Exercise Price
Options outstanding at December 31, 2020 (in usd per share)	$ 10.49
Options granted (in usd per share)	25.50
Options exercised (in usd per share)	9.98
Options forfeited & expired (in usd per share)	11.13
Options outstanding at June 30, 2021 (in usd per share)	10.67	$ 10.49
Options vested and exercisable (in usd per share)	$ 9.99
Weighted Average Remaining Contractual Life (Years), Options outstanding	7 years 6 months	7 years 6 months
Weighted Average Remaining Contractual Life (Years), Options vested and exercisable	7 years 1 month 6 days
Aggregate Intrinsic Value, Options outstanding	$ 145,738	$ 157,800
Aggregate Intrinsic Value, Options vested and exercisable	$ 84,108

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Units Activity (Detail) - Restricted Stock Units	6 Months Ended
	Jun. 30, 2021$ / sharesshares
Number of Shares
RSUs outstanding at December 31, 2020 (in shares) | shares	696,338
RSUs granted (in shares) | shares	1,151,559
RSUs vested (in shares) | shares	(12,157)
RSUs forfeited (in shares) | shares	(31,075)
RSUs outstanding at June 30, 2021 (in shares) | shares	1,804,665
Weighted Average Grant Date Fair Value
RSUs outstanding at December 31, 2020 (in usd per share) | $ / shares	$ 26.73
RSUs granted (in usd per share) | $ / shares	25.08
RSUs vested (in usd per share) | $ / shares	26.70
RSUs forfeited (in usd per share) | $ / shares	26.19
RSUs outstanding at June 30, 2021 (in usd per share) | $ / shares	$ 25.70

Stock-Based Compensation - Opti

Stock-Based Compensation - Options Available For Future Grants (Detail) - 2020 Plan	6 Months Ended
	Jun. 30, 2021shares
Share-Based Compensation Arrangement By Share-Based Payment Award, Shares Available for Grant [Roll Forward]
Balance at December 31, 2020 (in shares)	20,195,974
Annual authorization increase (in shares)	8,071,001
Options and RSUs granted (in shares)	(1,231,559)
Options and RSUs forfeited, expired and repurchased (in shares)	31,959
Balance at June 30, 2021 (in shares)	27,067,375

Stock-Based Compensation - St_2

Stock-Based Compensation - Stock-based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	$ 12,241	$ 1,858	$ 23,752	$ 3,772
Cost of revenue | Subscription
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	885	21	2,113	41
Cost of revenue | Device
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	45	0	107	0
Cost of revenue | Professional services and other
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	63	0	166	0
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	1,842	635	4,137	1,279
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	7,058	311	11,932	621
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	$ 2,348	$ 891	$ 5,297	$ 1,831

Income Taxes (Detail)

Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Provision for (benefit from) income taxes	$ (720)	$ 5,596	$ 4,674	$ 3,765
Effective tax rate	(4.40%)		12.70%

Net Income per Share - Summary

Net Income per Share - Summary of Net Income (Loss) per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Numerator:
Net income attributable to common stockholders	$ 16,916	$ 15,286	$ 8,767	$ 1,353	$ 32,202	$ 10,120
Weighted-average shares used in computing net income per share attributable to common stockholders
Basic (in shares)	161,466,852		135,548,740		161,267,734	135,468,029
Total dilutive effect of outstanding equity awards (in shares)	3,986,013		610,709		3,827,006	746,501
Diluted (in shares)	165,452,865		136,159,449		165,094,740	136,214,530
Net income per share attributable to common stockholders
Basic (in usd per share)	$ 0.10		$ 0.06		$ 0.20	$ 0.07
Diluted (in usd per share)	$ 0.10		$ 0.06		$ 0.20	$ 0.07

Net Income per Share - Addition

Net Income per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share	59,121	3,720,427	57,737	2,794,880

Restructuring - Additional info

Restructuring - Additional information (Detail) $ in Millions	3 Months Ended
	Jun. 30, 2020USD ($)
Restructuring Charges
Restructuring charges	$ 3.8
Cost of revenue
Restructuring Charges
Restructuring charges	0.6
Operating Expense
Restructuring Charges
Restructuring charges	$ 3.2