v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Class A and Class B Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2024   675,933      
Beginning balance at Dec. 31, 2024 $ 4,751,154 $ 7 $ 5,039,439 $ (130) $ (288,162)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Release of restricted stock units, net (in shares)   7,710      
Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards (199,468)   (199,468)    
Issuance of common stock for cash upon exercise of stock options (in shares)   1,836      
Issuance of common stock for cash upon exercise of stock options 8,053   8,053    
Issuance of common stock related to charitable contributions (in shares)   500      
Issuance of common stock related to charitable contributions 13,495   13,495    
Repurchases of Class A common stock (in shares)   (6,557)      
Repurchases of Class A common stock (227,626)   (227,626)    
Share-based compensation 414,660   414,660    
Other comprehensive income (loss) 4,008     4,008  
Net income (loss) 47,677       47,677
Ending balance (in shares) at Jun. 30, 2025   679,422      
Ending balance at Jun. 30, 2025 4,811,953 $ 7 5,048,553 3,878 (240,485)
Beginning balance (in shares) at Mar. 31, 2025   676,188      
Beginning balance at Mar. 31, 2025 4,688,469 $ 7 4,966,164 1,538 (279,240)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Release of restricted stock units, net (in shares)   4,293      
Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards (105,714)   (105,714)    
Issuance of common stock related to charitable contributions (in shares)   500      
Issuance of common stock related to charitable contributions 13,495   13,495    
Repurchases of Class A common stock (in shares)   (1,559)      
Repurchases of Class A common stock (52,626)   (52,626)    
Share-based compensation 227,234   227,234    
Other comprehensive income (loss) 2,340     2,340  
Net income (loss) 38,755       38,755
Ending balance (in shares) at Jun. 30, 2025   679,422      
Ending balance at Jun. 30, 2025 4,811,953 $ 7 5,048,553 3,878 (240,485)
Beginning balance (in shares) at Dec. 31, 2025   664,546      
Beginning balance at Dec. 31, 2025 4,745,238 $ 7 4,612,205 4,333 128,693
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Release of restricted stock units, net (in shares)   11,763      
Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards (180,532)   (180,532)    
Issuance of common stock related to charitable contributions (in shares)   600      
Issuance of common stock related to charitable contributions 12,198   12,198    
Purchase of capped calls related to convertible notes, net of tax (75,848)   (75,848)    
Repurchases of Class A common stock (in shares)   (111,412)      
Repurchases of Class A common stock (2,039,826) $ (1) (2,039,825)    
Fair value of replacement awards 2,474   2,474    
Share-based compensation 555,963   555,963    
Other comprehensive income (loss) (5,513)     (5,513)  
Net income (loss) (120,256)       (120,256)
Ending balance (in shares) at Jun. 30, 2026   565,497      
Ending balance at Jun. 30, 2026 2,893,898 $ 6 2,886,635 (1,180) 8,437
Beginning balance (in shares) at Mar. 31, 2026   573,671      
Beginning balance at Mar. 31, 2026 2,850,584 $ 6 2,795,622 (150) 55,106
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Release of restricted stock units, net (in shares)   7,505      
Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards (111,633)   (111,633)    
Issuance of common stock related to charitable contributions (in shares)   600      
Issuance of common stock related to charitable contributions 12,198   12,198    
Purchase of capped calls related to convertible notes, net of tax (75,848)   (75,848)    
Repurchases of Class A common stock (in shares)   (16,279)      
Repurchases of Class A common stock (58,221)   (58,221)    
Share-based compensation 324,517   324,517    
Other comprehensive income (loss) (1,030)     (1,030)  
Net income (loss) (46,669)       (46,669)
Ending balance (in shares) at Jun. 30, 2026   565,497      
Ending balance at Jun. 30, 2026 $ 2,893,898 $ 6 $ 2,886,635 $ (1,180) $ 8,437