v3.26.1
Condensed Consolidated Statements of Financial Condition (Unaudited) (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Receivables from broker-dealers and clearing organizations $ 3,207,464 $ 1,896,405
Accumulated depreciation 469,918 437,002
Intangibles, accumulated amortization 499,158 475,592
Fair value of other assets 284,745 242,121
Payables to broker dealers and clearing organizations $ 1,036,371 $ 998,276
Treasury stock, shares (in shares) 55,957,738 55,957,738
Class A Common Stock    
Common stock, par value (in dollars per share) $ 0.00001 $ 0.00001
Common stock, shares authorized (in shares) 1,000,000,000 1,000,000,000
Common stock, shares issued (in shares) 144,181,332 140,877,669
Common stock, shares outstanding (in shares) 88,223,594 84,919,931
Class B Common Stock    
Common stock, par value (in dollars per share) $ 0.00001 $ 0.00001
Common stock, shares authorized (in shares) 175,000,000 175,000,000
Common stock, shares issued (in shares) 0 0
Common stock, shares outstanding (in shares) 0 0
Class C Common Stock    
Common stock, par value (in dollars per share) $ 0.00001 $ 0.00001
Common stock, shares authorized (in shares) 90,000,000 90,000,000
Common stock, shares issued (in shares) 6,807,809 7,970,185
Common stock, shares outstanding (in shares) 6,807,809 7,970,185
Class D Common Stock    
Common stock, par value (in dollars per share) $ 0.00001 $ 0.00001
Common stock, shares authorized (in shares) 175,000,000 175,000,000
Common stock, shares issued (in shares) 60,091,740 60,091,740
Common stock, shares outstanding (in shares) 60,091,740 60,091,740
Fair Value    
Receivables from broker-dealers and clearing organizations $ 2,973,085 $ 1,567,471
Payables to broker dealers and clearing organizations 758,273 817,004
Fair Value | Interest rate swap    
Receivables from broker-dealers and clearing organizations 234,379 328,934
Payables to broker dealers and clearing organizations $ 278,098 $ 181,272