v3.26.1
NET INCOME (LOSS) PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income (loss) Per Share
The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Basic net income (loss) per share:
Numerator
Net income (loss) attributable to common stockholders$88,517 $538,458 $(220,164)$728,330 
Denominator
Shares used to compute basic net income (loss) per share597,829 612,882 597,702 616,108 
Basic net income (loss) per share$0.15 $0.88 $(0.37)$1.18 
Diluted net income (loss) per share:
Numerator
Net income (loss) attributable to common stockholders$88,517 $538,458 $(220,164)$728,330 
Interest expense on convertible notes243 823 — 2,409 
Net income (loss) used to compute diluted net income per share$88,760 $539,281 $(220,164)$730,739 
Denominator
Shares used to compute basic net income (loss) per share597,829 612,882 597,702 616,108 
Stock options, restricted stock, and employee stock purchase plan8,441 2,202 — 4,412 
Convertible notes2,577 3,844 — 6,583 
Shares used to compute diluted net income (loss) per share608,847 618,928 597,702 627,103 
Diluted net income (loss) per share$0.15 $0.87 $(0.37)$1.17 
Schedule of Antidilutive Securities Excluded from Calculation of Diluted Net Income (loss) Per Share
The following potential common shares were excluded from the calculation of diluted net income (loss) per share because their effect would have been anti-dilutive for the periods presented (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Stock options, restricted stock, and employee stock purchase plan44,959 41,593 43,612 37,385 
Convertible notes— — 3,207 — 
Common stock warrants3,844 11,626 3,844 11,866 
Total anti-dilutive securities48,803 53,219 50,663 49,251