v3.26.1
Net Loss Per Share Attributable to Common Stockholders
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders
14.
Net loss per share attributable to common stockholders

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(in thousands, except share and per share data)

 

 

(in thousands, except share and per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(644,371

)

 

$

(247,787

)

 

$

(1,098,187

)

 

$

(461,203

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares used to compute net loss per share attributable to common stockholders, basic and diluted

 

 

210,893,604

 

 

 

188,583,288

 

 

 

204,531,173

 

 

 

188,365,805

 

Net loss per share attributable to common stockholders, basic and diluted

 

$

(3.06

)

 

$

(1.31

)

 

$

(5.37

)

 

$

(2.45

)

 

The following outstanding potentially dilutive shares have been excluded from the calculation of diluted net loss per share for the periods presented due to their anti-dilutive effect:

 

 

 

As of June 30,

 

 

 

2026

 

 

2025

 

Options to purchase common stock

 

 

18,361,684

 

 

 

17,272,317

 

Unvested restricted stock units of common stock

 

 

5,078,440

 

 

 

3,808,980

 

Expected shares to be purchased under ESPP

 

 

85,820

 

 

 

694,578

 

Common stock issuable under convertible senior notes

 

 

2,515,100

 

 

 

 

Warrants outstanding

 

 

2,191,500

 

 

 

2,194,340

 

Total

 

 

28,232,544

 

 

 

23,970,215