v3.26.1
Fair Value Measurement and Marketable Securities - Schedule of Financial Assets Measured and Recognized at Fair Value (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Marketable securities, amortized cost $ 1,066,734 $ 943,383
Marketable securities, gross unrealized gains 177 2,301
Marketable securities, gross unrealized losses (1,847) (34)
Marketable securities, estimated fair value 1,065,064 945,650
Amortized Cost 1,244,559 1,047,418
Estimated Fair Value 1,242,889 1,049,685
Cash and Cash Equivalents    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Marketable securities, amortized cost 272,607 [1] 112,825 [2]
Marketable securities, gross unrealized losses [1] (18)  
Marketable securities, estimated fair value 272,589 [1] 112,825 [2]
Marketable Securities Current    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Marketable securities, amortized cost 556,683 [3] 525,454 [4]
Marketable securities, gross unrealized gains 162 [3] 1,116 [4]
Marketable securities, gross unrealized losses (479) [3] (7) [4]
Marketable securities, estimated fair value 556,366 [3] 526,563 [4]
Marketable Securities Non-current    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Marketable securities, amortized cost 415,269 [5] 409,139 [6]
Marketable securities, gross unrealized gains 15 [5] 1,185 [6]
Marketable securities, gross unrealized losses (1,350) [5] (27) [6]
Marketable securities, estimated fair value 413,934 [5] 410,297 [6]
U.S. Government Securities | Level 2    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Marketable securities, amortized cost 452,015 482,993
Marketable securities, gross unrealized gains 82 1,266
Marketable securities, gross unrealized losses (1,090) (5)
Marketable securities, estimated fair value 451,007 484,254
Corporate Bonds | Level 2    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Marketable securities, amortized cost 473,553 428,702
Marketable securities, gross unrealized gains 94 1,034
Marketable securities, gross unrealized losses (729) (28)
Marketable securities, estimated fair value 472,918 429,708
Commercial Paper | Level 2    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Marketable securities, amortized cost 141,166 31,688
Marketable securities, gross unrealized gains 1 1
Marketable securities, gross unrealized losses (28) (1)
Marketable securities, estimated fair value 141,139 31,688
Money Market Funds | Level 1    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Cash and cash equivalents, amortized cost 160,874 98,538
Cash and cash equivalents, estimated fair value 160,874 98,538
Cash    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Cash and cash equivalents, amortized cost 16,951 5,497
Cash and cash equivalents, estimated fair value $ 16,951 $ 5,497
[1] $94.8 million of commercial paper was included in cash and cash equivalents on the condensed balance sheet due to securities with purchase dates within 90 days of maturity dates.
[2] $8.8 million of commercial paper was included in cash and cash equivalents on the condensed balance sheet due to securities with purchase dates within 90 days of maturity dates
[3] The Company’s short-term marketable securities mature in one year or less
[4] The Company’s short-term marketable securities mature in one year or less
[5] The Company’s long-term marketable securities mature between one and three years
[6] The Company’s long-term marketable securities mature between one and three year