v3.25.2
Equity-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
The following table summarizes the stock option activity for the six months ended June 30, 2025 (in thousands, except per share data):
Stock Options Weighted Average Exercise PriceWeighted Average Remaining
Contractual Life (Years)
Aggregate Intrinsic Value
Balance - December 31, 20249,514,741$8.42 5.13$181,714 
Exercised(1,293,307)5.74 25,785 
Forfeited(12,083)13.96 
Balance - June 30, 20258,209,351$8.84 4.96$107,548 
Options vested - June 30, 20258,118,652$8.79 $106,734 
Summary of RSU Activity
The summary of RSU activity for the six months ended June 30, 2025 is as follows (in thousands, except per share data):
Units Activity Weighted Average Grant Date Fair ValueAggregate Intrinsic Value
Unvested units as of December 31, 202412,175,710$19.12 $335,076 
Granted6,074,367 21.43 
Released(4,797,517)19.45 
Cancelled(603,274)20.74 
Unvested units as of June 30, 202512,849,286$21.42 $281,785