EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Jun. 30, 2026

Stock option activity for the six months ended June 30, 2026 was as follows:


	Number of Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value
Balance—December 31, 2025	11.1	$	8.63	6.54	$	6.1


Exercised	(0.2)	2.48
Canceled	(0.1)	6.60
Balance—June 30, 2026	10.8	$	8.76	6.13	$	1.9
Options vested	6.4	$	9.32	4.47	$	1.9

Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

RSU and PSU activity for the six months ended June 30, 2026 was as follows:


	RSUs					PSUs
	Number of Units	Weighted-Average Grant Date Fair Value		Aggregate Intrinsic Value		Number of Units	Weighted-Average Grant Date Fair Value		Aggregate Intrinsic Value
Unvested balance—December 31, 2025	17.2	$	9.56	$	126.3	0.6	$	9.17	$	4.4
Assumed in connection with merger	15.8	5.66				—	—
Granted(1)	6.6	5.83				0.5	6.02
Vested(2)	(8.0)	8.07				(0.1)	8.63
Forfeited	(2.0)	8.37				—	—
Unvested balance—June 30, 2026	29.6	$	7.20	$	167.1	1.0	$	7.76	$	5.4

(1) For PSUs, the amount presented as the number of units granted is based on the performance condition being achieved at the target level. Once the performance period is complete, the number of units that will vest may range from 0% to 200% of the target amount based on actual performance.

(2) Includes the service-based vesting in the six months ended June 30, 2026 of the 0.5 million units or 110.66% of PSUs granted in 2025, certified as vested by our Human Resources and Compensation Committee in February 2026 based on attainment against the pre-established annual revenue target.

Schedule of Stock-Based Compensation Expense in the Consolidated Statements of Operations

Stock-based compensation expense is classified in the Condensed Consolidated Statements of Operations as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Cost of revenue	$	1.0	$	0.6	$	1.6	$	1.3
Research and development	9.2		8.9		16.8		17.5
Sales and marketing	6.7		5.5		11.6		10.4
General and administrative	6.9		8.8		14.1		20.4
Merger, integration, and restructuring related costs	15.8		—		15.8		(1.6)
Total	$	39.6	$	23.8	$	59.9	$	48.0

The table below presents unrecognized employee compensation cost related to unvested shares and the weighted-average period over which it is expected to be recognized:


	June 30, 2026
	Unrecognized Employee Compensation Cost Related to Unvested Shares		Weighted-Average Period Over Which the Compensation Is Expected to Be Recognized (in Years)
RSUs	$	189.8	2.6
Common stock options	15.7		2.5
ESPP Rights	5.1		1.2
PSUs	2.7		1.7

Schedule of Shares of Common Stock Reserved for Future Issuance

The following table presents total shares of our common stock reserved for future issuance:


	June 30, 2026	December 31, 2025
RSUs outstanding	29.6	17.2
Stock options outstanding	10.8	11.1
PSUs outstanding	1.0	0.6
Shares available for future grants	33.2	20.8
Total shares of common stock reserved	74.6	49.7