v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 1,935,464 $ 1,003,697 $ 3,568,047 $ 1,887,552
Cost of revenue 296,870 192,934 512,668 365,904
Gross profit 1,638,594 810,763 3,055,379 1,521,648
Operating expenses:        
Sales and marketing 339,500 243,788 658,720 480,097
Research and development 192,513 135,043 353,494 269,932
General and administrative 194,577 162,615 377,163 326,254
Total operating expenses 726,590 541,446 1,389,377 1,076,283
Income from operations 912,004 269,317 1,666,002 445,365
Interest income 77,505 56,255 143,899 106,696
Other income (expense), net 91,836 6,596 160,045 3,423
Income before provision for income taxes 1,081,345 332,168 1,969,946 555,484
Provision for income taxes 15,383 3,596 27,582 9,195
Net income 1,065,962 328,572 1,942,364 546,289
Less: Net income attributable to noncontrolling interests 4,072 1,845 9,947 5,531
Net income attributable to common stockholders $ 1,061,890 $ 326,727 $ 1,932,417 $ 540,758
Earnings per share attributable to common stockholders, basic $ 0.44 $ 0.14 $ 0.81 $ 0.23
Earnings per share attributable to common stockholders, diluted $ 0.41 $ 0.13 $ 0.75 $ 0.21
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, basic 2,399,820 2,365,196 2,396,861 2,356,983
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, diluted 2,568,694 2,562,912 2,569,826 2,557,911