v3.26.1
Consolidated Statements of Stockholders’ Equity - USD ($)
$ in Thousands
Total
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Class A
Class A
Common Stock
Class B
Class B
Common Stock
Beginning balance (in shares) at Dec. 31, 2024           125,001,880   55,314,099
Beginning balance at Dec. 31, 2024 $ 2,130,749 $ 3,331,546 $ 24 $ (1,200,838)   $ 12   $ 5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options, net (in shares)           1,363,474   1,456,450
Issuance of common stock upon exercise of stock options, net 14,487 14,487            
Issuance of common stock upon settlement of restricted stock units, net (in shares)           3,904,250   34,502
Issuance of common stock upon settlement of restricted stock units, net (51,898) (51,899)       $ 1    
Conversion of stock (in shares)           1,692,925   (1,692,925)
Stock-based compensation expense 174,484 174,484            
Net income 115,455     115,455        
Change in other comprehensive income (loss) 3,703   3,703          
Ending balance (in shares) at Jun. 30, 2025           131,962,529   55,112,126
Ending balance at Jun. 30, 2025 2,386,980 3,468,618 3,727 (1,085,383)   $ 13   $ 5
Beginning balance (in shares) at Mar. 31, 2025           129,145,465   55,121,821
Beginning balance at Mar. 31, 2025 2,217,121 3,390,469 1,314 (1,174,680)   $ 13   $ 5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options, net (in shares)           358,393   629,769
Issuance of common stock upon exercise of stock options, net 4,303 4,303            
Issuance of common stock upon settlement of restricted stock units, net (in shares)           1,801,956   17,251
Issuance of common stock upon settlement of restricted stock units, net (15,224) (15,224)       $ 0    
Conversion of stock (in shares)           656,715   (656,715)
Stock-based compensation expense 89,070 89,070            
Net income 89,297     89,297        
Change in other comprehensive income (loss) 2,413   2,413          
Ending balance (in shares) at Jun. 30, 2025           131,962,529   55,112,126
Ending balance at Jun. 30, 2025 2,386,980 3,468,618 3,727 (1,085,383)   $ 13   $ 5
Beginning balance (in shares) at Dec. 31, 2025         139,218,373 139,218,373 51,673,735 51,673,735
Beginning balance at Dec. 31, 2025 $ 2,929,038 3,595,772 4,364 (671,117)   $ 14   $ 5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options, net (in shares) 859,563         814,359   45,204
Issuance of common stock upon exercise of stock options, net $ 9,936 9,936            
Issuance of common stock upon settlement of restricted stock units, net (in shares)           2,024,395   68,853
Issuance of common stock upon settlement of restricted stock units, net (30,742) (30,742)            
Conversion of stock (in shares)           5,307,483   (5,307,483)
Repurchases of Class A common stock (in shares)         (1,523,502) (1,523,502)    
Repurchases of Class A common stock (239,590) (239,590)     $ (239,600)      
Stock-based compensation expense 169,288 169,288            
Net income 456,829     456,829        
Change in other comprehensive income (loss) (9,059)   (9,059)          
Ending balance (in shares) at Jun. 30, 2026         145,841,108 145,841,108 46,480,309 46,480,309
Ending balance at Jun. 30, 2026 3,285,700 3,504,664 (4,695) (214,288)   $ 14   $ 5
Beginning balance (in shares) at Mar. 31, 2026           141,867,916   50,543,398
Beginning balance at Mar. 31, 2026 3,179,716 3,647,812 (979) (467,136)   $ 14   $ 5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options, net (in shares)           411,629   6,741
Issuance of common stock upon exercise of stock options, net 5,037 5,037            
Issuance of common stock upon settlement of restricted stock units, net (in shares)           946,119   34,426
Issuance of common stock upon settlement of restricted stock units, net (14,546) (14,546)            
Conversion of stock (in shares)           4,104,256   (4,104,256)
Repurchases of Class A common stock (in shares)           (1,488,812)    
Repurchases of Class A common stock (234,591) (234,591)            
Stock-based compensation expense 100,952 100,952            
Net income 252,848     252,848        
Change in other comprehensive income (loss) (3,716)   (3,716)          
Ending balance (in shares) at Jun. 30, 2026         145,841,108 145,841,108 46,480,309 46,480,309
Ending balance at Jun. 30, 2026 $ 3,285,700 $ 3,504,664 $ (4,695) $ (214,288)   $ 14   $ 5