Net Loss Per Share Attributable to Common Stockholders (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share [Abstract]

Computation of Basic and Diluted 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	)

Schedule of Outstanding Potentially Dilutive Shares Excluded from Calculation of Diluted Net Loss Per Share

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