v3.26.1
Stockholders’ Equity and Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Units Activity A summary of the RSU activity is presented below (in millions, except years and per share amounts):
Number of
Shares
Weighted-
Average Grant
Date Fair Value Per Share
Unvested balance—December 31, 202528.1 $69.81 
              RSUs granted1.4 139.92 
              RSUs vested(4.2)52.99 
              RSUs forfeited/canceled(0.7)65.93 
Unvested balance—June 30, 202624.6 $77.36 
Schedule of Stock-based Compensation Expense The following table summarizes the stock-based compensation expense related to our equity awards (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cost of revenue $7.4 $5.8 $14.4 $11.3 
Research and development 70.1 53.2 142.3 110.2 
Sales and marketing
32.2 18.8 62 38.7 
General and administrative 10.7 7.4 22.6 18.0 
              Total stock-based compensation $120.4 $85.2 $241.3 $178.2