v3.26.1
Unaudited Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Deficit [Member]
Beginning Balance, Amount at Dec. 31, 2024 $ 1,908,286 $ 52   $ 2,713,697 $ (5,654) $ (799,809)
Beginning Balance, Shares at Dec. 31, 2024   51,767        
Treasury Stock, Beginning Balance, Shares at Dec. 31, 2024     900      
Issuance of common stock under stock plans 3,088     3,088    
Issuance of common stock under stock plans, Shares   335 (2)      
Restricted stock units taxes paid in cash (9,070)     (9,070)    
Restricted stock units taxes paid in cash, Shares   (12)        
Conversion of the 2025 Notes (767)     (767)    
Conversion of the 2025 Notes, Shares   192        
Stock-based compensation 121,806     121,806    
Other comprehensive income (loss), net of tax 2,994       2,994  
Net income (loss) (21,793)         (21,793)
Ending Balance, Amount at Mar. 31, 2025 2,004,544 $ 52   2,828,754 (2,660) (821,602)
Ending Balance, Shares at Mar. 31, 2025   52,282        
Treasury Stock, Ending Balance, Shares at Mar. 31, 2025     898      
Beginning Balance, Amount at Dec. 31, 2024 1,908,286 $ 52   2,713,697 (5,654) (799,809)
Beginning Balance, Shares at Dec. 31, 2024   51,767        
Treasury Stock, Beginning Balance, Shares at Dec. 31, 2024     900      
Net income (loss) (25,051)          
Ending Balance, Amount at Jun. 30, 2025 2,065,056 $ 53 $ 1 2,884,434 5,428 (824,860)
Ending Balance, Shares at Jun. 30, 2025   52,701        
Treasury Stock, Ending Balance, Shares at Jun. 30, 2025     1,497      
Beginning Balance, Amount at Mar. 31, 2025 2,004,544 $ 52   2,828,754 (2,660) (821,602)
Beginning Balance, Shares at Mar. 31, 2025   52,282        
Treasury Stock, Beginning Balance, Shares at Mar. 31, 2025     898      
Issuance of common stock under stock plans 35,642     35,642    
Issuance of common stock under stock plans, Shares   327        
Restricted stock units taxes paid in cash (4,744)     (4,744)    
Restricted stock units taxes paid in cash, Shares   (8)        
Conversion of the 2025 Notes (282) $ 1   (283)    
Conversion of the 2025 Notes, Shares   699        
Settlement of Capped Call Options 1   $ 1      
Settlement of Capped Call Options, Shares   (382) 382      
Repurchases of common stock (125,004)     (125,004)    
Repurchases of common stock, Shares   (217) 217      
Stock-based compensation 150,069     150,069    
Other comprehensive income (loss), net of tax 8,088       8,088  
Net income (loss) (3,258)         (3,258)
Ending Balance, Amount at Jun. 30, 2025 2,065,056 $ 53 $ 1 2,884,434 5,428 (824,860)
Ending Balance, Shares at Jun. 30, 2025   52,701        
Treasury Stock, Ending Balance, Shares at Jun. 30, 2025     1,497      
Beginning Balance, Amount at Dec. 31, 2025 $ 2,066,244 $ 53 $ 2 2,814,843 5,244 (753,898)
Beginning Balance, Shares at Dec. 31, 2025   52,555        
Treasury Stock, Beginning Balance, Shares at Dec. 31, 2025 2,277   2,277      
Issuance of common stock under stock plans, Shares   254        
Restricted stock units taxes paid in cash $ (3,194)     (3,194)    
Restricted stock units taxes paid in cash, Shares   (10)        
Repurchases of common stock (212,309) $ (1) $ 1 (212,309)    
Repurchases of common stock, Shares   (845) 845      
Stock-based compensation 116,940     116,940    
Other comprehensive income (loss), net of tax (3,455)       (3,455)  
Net income (loss) 32,554         32,554
Ending Balance, Amount at Mar. 31, 2026 1,996,780 $ 52 $ 3 2,716,280 1,789 (721,344)
Ending Balance, Shares at Mar. 31, 2026   51,954        
Treasury Stock, Ending Balance, Shares at Mar. 31, 2026     3,122      
Beginning Balance, Amount at Dec. 31, 2025 $ 2,066,244 $ 53 $ 2 2,814,843 5,244 (753,898)
Beginning Balance, Shares at Dec. 31, 2025   52,555        
Treasury Stock, Beginning Balance, Shares at Dec. 31, 2025 2,277   2,277      
Net income (loss) $ 75,892          
Ending Balance, Amount at Jun. 30, 2026 $ 1,656,728 $ 50 $ 6 2,334,513 165 (678,006)
Ending Balance, Shares at Jun. 30, 2026   49,658        
Treasury Stock, Ending Balance, Shares at Jun. 30, 2026 5,744   5,744      
Beginning Balance, Amount at Mar. 31, 2026 $ 1,996,780 $ 52 $ 3 2,716,280 1,789 (721,344)
Beginning Balance, Shares at Mar. 31, 2026   51,954        
Treasury Stock, Beginning Balance, Shares at Mar. 31, 2026     3,122      
Issuance of common stock under stock plans 25,528 $ 1   25,527    
Issuance of common stock under stock plans, Shares   335        
Restricted stock units taxes paid in cash (2,219)     (2,219)    
Restricted stock units taxes paid in cash, Shares   (9)        
Repurchases of common stock (536,386) $ (3) $ 3 (536,386)    
Repurchases of common stock, Shares   (2,622) 2,622      
Stock-based compensation 131,311     131,311    
Other comprehensive income (loss), net of tax (1,624)       (1,624)  
Net income (loss) 43,338         43,338
Ending Balance, Amount at Jun. 30, 2026 $ 1,656,728 $ 50 $ 6 $ 2,334,513 $ 165 $ (678,006)
Ending Balance, Shares at Jun. 30, 2026   49,658        
Treasury Stock, Ending Balance, Shares at Jun. 30, 2026 5,744   5,744