v3.25.4
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Class A and Class B Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2022 $ 388,668 $ 4 $ 10,335,013 $ (9,940,595) $ (5,754)
Beginning balance (in shares) at Dec. 31, 2022   370,155      
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock upon exercise of stock options 1,204   1,204    
Issuance of common stock upon exercise of stock options (in shares)   201      
Issuance of common stock upon settlement of restricted stock units (in shares)   28,397      
Shares withheld related to net share settlement (3,021)   (3,021)    
Shares withheld related to net share settlement (in shares)   (296)      
Issuance of common stock under employee stock purchase plan 9,788   9,788    
Issuance of common stock under employee stock purchase plan (in shares)   1,349      
Stock-based compensation 484,533   484,533    
Other comprehensive income (loss) 805       805
Net (loss) income (340,320)     (340,320)  
Other (139)   (139)    
Ending balance at Dec. 31, 2023 541,518 $ 4 10,827,378 (10,280,915) (4,949)
Ending balance (in shares) at Dec. 31, 2023   399,806      
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock upon exercise of stock options 3,613   3,613    
Issuance of common stock upon exercise of stock options (in shares)   780      
Issuance of common stock upon settlement of restricted stock units (in shares)   22,011      
Shares withheld related to net share settlement (40,328)   (40,328)    
Shares withheld related to net share settlement (in shares)   (2,529)      
Issuance of common stock under employee stock purchase plan 11,438   11,438    
Issuance of common stock under employee stock purchase plan (in shares)   1,080      
Repurchase and retirement of common stock (50,000)   (50,000)    
Repurchase and retirement of common stock (in shares)   (3,143)      
Purchase of capped call (47,886)   (47,886)    
Stock-based compensation 330,921   330,921    
Other comprehensive income (loss) (5,154)       (5,154)
Net (loss) income 22,784     22,784  
Other 110   110    
Ending balance at Dec. 31, 2024 767,016 $ 4 11,035,246 (10,258,131) (10,103)
Ending balance (in shares) at Dec. 31, 2024   418,005      
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock upon settlement of restricted stock units (in shares)   21,065      
Shares withheld related to net share settlement (151,311)   (151,311)    
Shares withheld related to net share settlement (in shares)   (9,010)      
Issuance of common stock under employee stock purchase plan 14,861   14,861    
Issuance of common stock under employee stock purchase plan (in shares)   1,077      
Repurchase and retirement of common stock (503,236)   (503,236)    
Repurchase and retirement of common stock (in shares)   (30,281)      
Purchase of capped call, net of tax (30,811)   (30,811)    
Stock-based compensation 322,268   322,268    
Other comprehensive income (loss) 10,728       10,728
Net (loss) income 2,844,008     2,844,008  
Ending balance at Dec. 31, 2025 $ 3,273,523 $ 4 $ 10,687,017 $ (7,414,123) $ 625
Ending balance (in shares) at Dec. 31, 2025   400,856