v3.26.1
SEGMENT REPORTING - Revenue, significant expenses and net income (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
segment
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Number of Reportable Segments | segment 1      
Revenue $ 1,584,451 $ 1,275,441 $ 3,058,671 $ 2,517,807
Stock-based compensation 146,890 118,325 285,073 225,938
Depreciation and amortization     201,611 106,592
Loss related to contingent liability 0 128,545 0 128,545
Restructuring (352) 47 (357) (62)
Interest income (9,937) (25,978) (28,202) (52,200)
Interest expense 35,136 28,948 66,749 58,066
Provision for income taxes 143,158 120,556 235,601 202,669
Net income 367,076 160,051 702,736 433,630
Reportable Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Revenue 1,584,451 1,275,441 3,058,671 2,517,807
Salary, benefits and other employee-related costs 617,106 521,608 1,197,210 1,064,265
Stock-based compensation 146,890 118,325 285,073 225,938
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 0 128,545 [1] 0 128,545 [1]
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 expense 35,136 28,948 66,749 58,066
Provision for income taxes 143,158 120,556 235,601 202,669
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.