Equity (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Common Stock Reserved for Future Issuance

The Company reserved the following common stock for future issuance:


	March 31, 2026	December 31, 2025
Outstanding stock options, restricted stock units and performance stock units	74,879,337	69,314,034
Possible future issuance under stock plans	187,896,607	124,357,791
Conversion of convertible notes(1)	19,096,202	19,096,202
Total common stock reserved for future issuance	281,872,146	212,768,027

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(1)Represents the number of common stock issuable upon conversion of all convertible note principal at the conversion rate in effect at the balance sheet date. As of March 31, 2026, the 2026 convertible notes are potentially convertible into 19,096,202 shares of common stock. We expect to settle conversions by a combination of cash and shares of our common stock, based on the applicable conversion rate(s). See Note 8. Debt for additional information.

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents the rollforward of AOCI, inclusive of the changes in the components of other comprehensive income (loss):


	AFS Debt Securities		Foreign Currency Translation Adjustments		Total













Three Months Ended March 31, 2026
AOCI, beginning balance	$	10,340	$	639	$	10,979
Other comprehensive loss before reclassifications	(7,213)		(774)		(7,987)
Amounts reclassified from AOCI into earnings	(5,735)		—		(5,735)
Net current-period other comprehensive loss(1)(2)	(12,948)		(774)		(13,722)
AOCI, ending balance	$	(2,608)	$	(135)	$	(2,743)
Three Months Ended March 31, 2025
Beginning balance	$	(9,359)	$	994	$	(8,365)
Other comprehensive income (loss) before reclassifications	11,462		(269)		11,193
Amounts reclassified from AOCI into earnings	—		—		—
Net current-period other comprehensive income (loss)(1)(2)	11,462		(269)		11,193
AOCI, ending balance	$	2,103	$	725	$	2,828

____________________

(1)Gross realized gains and losses from sales of our investments in AFS debt securities that were reclassified from AOCI to earnings are recorded within noninterest income—other in the condensed consolidated statements of operations and comprehensive income. There were no reclassifications related to foreign currency translation adjustments during any of the periods presented.

(2)There were no material tax impacts during any of the periods presented.