v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense are as follows (in thousands):
Three Months Ended March 31,
20262025
Operating lease cost$6,997$5,775
Short-term lease cost647252
Total lease cost$7,644$6,027
Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows (in thousands):

Three Months Ended March 31,
20262025
Cash paid for operating lease liabilities, net of tenant incentives received $5,546$4,422
ROU assets recognized for new leases and amendments (non-cash)$—$51,602
Other information related to leases is as follows:

As of,
March 31, 2026December 31, 2025
Weighted average remaining lease term 6.4 years6.6 years
Weighted average discount rate6.73 %6.71 %
Schedule of Supplemental Balance Sheet Information Related to Operating Leases
Supplemental balance sheet information related to the Company’s operating leases is as follows (in thousands):

As of,
March 31, 2026December 31, 2025
Operating lease ROU assets$96,135$101,126
Operating lease liabilities, current23,96924,757
Operating lease liabilities, non-current93,23895,991
Total lease liabilities$117,207$120,748
Schedule of Future Undiscounted Annual Cash Flows
Future undiscounted annual cash flows for the Company’s operating leases as of March 31, 2026 are as follows (in thousands):
Fiscal Year Ending December 31,Operating Leases
Remaining portion of 2026$19,935 
202719,860 
202820,863 
202920,769 
203021,054 
Thereafter42,720 
Total future undiscounted lease payments145,201 
Less imputed interest(27,994)
Total lease liabilities$117,207