v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Class A and B common stock
Common stock and additional paid-in capital
Accumulated other comprehensive loss
Retained earnings
Noncontrolling interests
Additional paid-in capital
Beginning balance (in shares) at Dec. 31, 2024   619,676          
Beginning balance at Dec. 31, 2024 $ 21,234,962   $ 19,900,379 $ (1,001,065) $ 2,368,618 $ (32,970)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 188,722       189,872 (1,150)  
Shares issued in connection with employee stock plans (in shares)   4,004          
Shares issued in connection with employee stock plans 2,283   2,283        
Repurchases of common stock (in shares)   (6,805)          
Repurchases of common stock, including excise tax (445,298)   (445,298)        
Change in other comprehensive loss 130,250     130,250      
Share-based compensation 324,155   324,155        
Ending balance (in shares) at Mar. 31, 2025   616,875          
Ending balance at Mar. 31, 2025 21,435,074   19,781,519 (870,815) 2,558,490 (34,120)  
Beginning balance (in shares) at Dec. 31, 2024   619,676          
Beginning balance at Dec. 31, 2024 21,234,962   19,900,379 (1,001,065) 2,368,618 (32,970)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 727,056            
Ending balance (in shares) at Jun. 30, 2025   610,203          
Ending balance at Jun. 30, 2025 22,122,892   19,442,101 (381,913) 3,096,948 (34,244)  
Beginning balance (in shares) at Mar. 31, 2025   616,875          
Beginning balance at Mar. 31, 2025 21,435,074   19,781,519 (870,815) 2,558,490 (34,120)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 538,334       538,458 (124)  
Shares issued in connection with employee stock plans (in shares)   5,791          
Shares issued in connection with employee stock plans 48,799   48,799        
Repurchases of common stock (in shares)   (12,463)          
Repurchases of common stock, including excise tax (692,204)   (692,204)        
Change in other comprehensive loss 488,902     488,902      
Share-based compensation 303,987   303,987        
Ending balance (in shares) at Jun. 30, 2025   610,203          
Ending balance at Jun. 30, 2025 22,122,892   19,442,101 (381,913) 3,096,948 (34,244)  
Beginning balance (in shares) at Dec. 31, 2025   602,078          
Beginning balance at Dec. 31, 2025 22,169,882   18,895,405 (365,381) 3,674,254 (34,396)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (308,595)       (308,681) 86  
Shares issued in connection with employee stock plans (in shares)   3,893          
Shares issued in connection with employee stock plans 618   618        
Repurchases of common stock (in shares)   (10,700)          
Repurchases of common stock, including excise tax (639,988)   (639,988)        
Change in other comprehensive loss 113,250     113,250      
Share-based compensation 345,861   345,861        
Ending balance (in shares) at Mar. 31, 2026   595,271          
Ending balance at Mar. 31, 2026 21,681,028   18,601,896 (252,131) 3,365,573 (34,310)  
Beginning balance (in shares) at Dec. 31, 2025   602,078          
Beginning balance at Dec. 31, 2025 22,169,882   18,895,405 (365,381) 3,674,254 (34,396)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (221,526)            
Repurchases of common stock (in shares)   (11,600)          
Repurchases of common stock, including excise tax   $ (700,900)          
Ending balance (in shares) at Jun. 30, 2026   600,763          
Ending balance at Jun. 30, 2026 22,011,317   18,850,561 (257,576) 3,454,090 (35,758)  
Beginning balance (in shares) at Mar. 31, 2026   595,271          
Beginning balance at Mar. 31, 2026 21,681,028   18,601,896 (252,131) 3,365,573 (34,310)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 87,069       88,517 (1,448)  
Shares issued in connection with employee stock plans (in shares)   6,511          
Shares issued in connection with employee stock plans 49,658   49,658        
Repurchases of common stock (in shares)   (945)          
Repurchases of common stock, including excise tax (61,947)   (61,947)        
Change in other comprehensive loss (5,445)     (5,445)      
Share-based compensation 265,846   265,846        
Tax withholding related to vesting of restricted stock units (in shares)   (74)          
Tax withholding related to vesting of restricted stock units (4,892)           $ (4,892)
Ending balance (in shares) at Jun. 30, 2026   600,763          
Ending balance at Jun. 30, 2026 $ 22,011,317   $ 18,850,561 $ (257,576) $ 3,454,090 $ (35,758)