v3.26.1
SEGMENT REPORTING (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Consolidated segment income and expenses The following table presents revenue, significant expenses and net income for the three and six months ended June 30, 2026 and June 30, 2025:
Three Months Ended Six Months Ended
 June 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
 (In thousands)
Revenue
$1,584,451 $1,275,441 $3,058,671 $2,517,807 
Costs and Expenses:
Salary, benefits and other employee-related costs617,106 521,608 1,197,210 1,064,265 
Stock-based compensation146,890 118,325 285,073 225,938 
Manufacturing costs
104,477 101,480 215,327 183,149 
Facilities and other infrastructure costs
58,043 47,277 113,001 91,115 
Depreciation and amortization
116,989 53,676 201,611 106,592 
Professional services
63,956 37,684 117,756 70,143 
Loss related to contingent liability(1)
— 128,545 — 128,545 
Restructuring
(352)47 (357)(62)
Other segment items(2)
(58,091)(16,778)(47,834)5,957 
Interest income(9,937)(25,978)(28,202)(52,200)
Interest expense35,136 28,948 66,749 58,066 
Provision for income taxes143,158 120,556 235,601 202,669 
Net income$367,076 $160,051 $702,736 $433,630 
_____________
(1) For information regarding the loss related to a contingent liability, see Note 14 in the notes to condensed consolidated financial statements.
(2) Other segment items include direct costs for advertising, marketing events, travel, entertainment, bad debt and other operating expense categories that are not considered significant individually. It also includes non-operating expenses such as gains and losses on investments, foreign currency and other non-operating expenses that are not considered significant individually.
Revenue from External Customers by Geographic Areas
The following table presents a summary of revenue by geography for the three and six months ended June 30, 2026 and June 30, 2025:
 Three Months Ended Six Months Ended
 June 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
 (In thousands)
Americas:
United States$656,122 $591,265 $1,256,892 $1,160,232 
Other Americas22,315 39,072 77,614 68,684 
Total Americas678,437 630,337 1,334,506 1,228,916 
Asia:
China236,207 120,717 425,576 260,098 
Japan104,737 85,976 197,384 154,127 
Other Asia321,756 238,225 616,478 478,737 
Total Asia662,700 444,918 1,239,438 892,962 
Europe, Middle East and Africa (“EMEA”)
243,314 200,186 484,727 395,929 
Total$1,584,451 $1,275,441 $3,058,671 $2,517,807 
Long-Lived Assets by Geographic Areas
The following table presents a summary of long-lived assets by geography as of June 30, 2026 and December 31, 2025:
 As of
 June 30,
2026		December 31,
2025
 (In thousands)
Americas:
United States$479,654 $439,902 
Other Americas10,778 10,114 
Total Americas490,432 450,016 
Asia:
China22,372 23,014 
India
133,117 92,470 
Japan
5,471 4,079 
Other Asia16,109 18,374 
Total Asia177,069 137,937 
EMEA103,404 105,015 
Total$770,905 $692,968