v3.25.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Non-Cancelable Contractual Commitments
The following table summarizes our non-cancelable contractual commitments as of June 30, 2025 (in thousands):
Total
Remainder of 2025
2026‑2027
2028‑2029
Thereafter
Operating leases (1)
$127,844 $21,076 $58,795 $33,612 $14,361 
Purchase commitments (2)
859,647 219,176 383,083 257,388 — 
Convertible note principal and interest (3)
2,297,724 10,000 1,597,724 — 690,000 
Total$3,285,215 $250,252 $2,039,602 $291,000 $704,361 
(1)    Operating leases consist of obligations for real estate, including leases that are not yet commenced.
(2)    The substantial majority of our purchase commitments are related to agreements with our data center hosting providers.
(3)    Convertible notes due 2026, 2027, and 2030. See Note 6, "Borrowings," above for further discussion.