v3.26.1
Net Loss Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Summary of Earnings Per Share, Basic and Diluted
The computations for basic and diluted EPS were as follows (in millions, except per-share data):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net income (loss) (Numerator):
Net income (loss)$(91)$— $(219)$(112)
Weighted-average shares (Denominator):
Outstanding126.1 106.1 125.7 102.3 
Effect of dilutive securities— 0.4 — — 
Weighted-average shares for diluted EPS126.1 106.5 125.7 102.3 
Net income (loss) per share - Basic$(0.72)$— $(1.74)$(1.09)
Net income (loss) per share - Diluted$(0.72)$— $(1.74)$(1.09)
Summary of Outstanding Potentially Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share
The following table summarizes potentially dilutive securities excluded from the computation of diluted net loss per share calculations because they would have been antidilutive (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Common stock options issued and outstanding17.417.017.417.7
Restricted stock units issued4.33.94.34.0
Employee stock purchase plan shares0.30.20.30.2
Total potentially dilutive securities22.021.122.021.9