v3.26.1
Revenue - Schedule of Components of Interest Income and Fair Value Adjustments, Net (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Disaggregation of Revenue [Line Items]        
Interest income [1],[2] $ 57,051 $ 45,623 $ 113,112 $ 86,191
Interest expense [1],[2] (12,531) (7,772) (22,901) (14,792)
Unrealized loss on loans, loan charge-offs, and other fair value adjustments, net (15,586) (18,878) (33,773) (40,204)
Fair value adjustments and realized gains (losses) on beneficial interests, net (8,407) (6,288) 4,727 11,377
Realized gain (loss) on sale of loans, net (3,838) 3,829 (13,325) 1,838
Total fair value and other adjustments, net [1] (27,831) (21,337) (42,371) (26,989)
Total interest income, interest expense, and fair value adjustments, net 16,689 16,514 47,840 44,410
Variable Interest Entity, Primary Beneficiary        
Disaggregation of Revenue [Line Items]        
Interest income 2,219 4,465 4,887 9,577
Interest expense (996) (1,668) (2,154) (3,517)
Unrealized loss on loans, loan charge-offs, and other fair value adjustments, net (1,283) (3,238) (2,019) (7,018)
Total interest income, interest expense, and fair value adjustments, net $ (60) $ (441) $ 714 $ (958)
[1] Balances for the three and six months ended June 30, 2025 and 2026 include amounts related to the consolidated securitization. Refer to “Note 2. Revenue” for details.
[2] For the three and six months ended June 30, 2026, interest income and interest expense include dividend income earned on certain cash accounts and expense on convertible senior notes, respectively, which were previously included in other income, net. Refer to “Note 1. Description of Business and Significant Accounting Policies” for details.