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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 527,257 $ 455,075
Restricted cash 54,660 84,771
Marketable securities 19,685 38,097
Trade receivables, net of allowances of $28,909 and $17,224, respectively 211,874 267,441
Inventories, net 599,817 552,632
Prepaid expenses and other current assets 454,844 341,831
Total current assets 1,868,137 1,739,847
LONG-TERM ASSETS:    
Property, plant and equipment, net 253,942 269,351
Operating lease right-of-use assets, net 49,879 48,178
Intangible assets, net 5,780 7,129
Goodwill 49,846 50,123
Other long-term assets 75,946 67,566
Total long-term assets 435,393 442,347
Total assets 2,303,530 2,182,194
CURRENT LIABILITIES:    
Trade payables 460,141 271,983
Employees and payroll accruals 66,098 73,992
Warranty obligations 69,918 89,330
Deferred revenues and customers advances 49,326 70,371
Accrued expenses and other current liabilities 274,842 297,819
Total current liabilities 920,325 803,495
LONG-TERM LIABILITIES:    
Convertible senior notes, net 332,332 331,561
Warranty obligations 238,979 268,559
Deferred revenues and customers advances 327,684 293,328
Finance lease liabilities 19,171 18,558
Operating lease liabilities 42,377 36,648
Other long-term liabilities 10,577 2,581
Total long-term liabilities 971,120 951,235
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS’ EQUITY:    
Common stock of $0.0001 par value - Authorized: 125,000,000; Issued and outstanding: 61,512,619 and 60,360,154 shares as of June 30, 2026 and December 31, 2025, respectively 6 6
Additional paid-in capital 1,925,024 1,872,760
Accumulated other comprehensive income (loss) 8,813 (11,663)
Accumulated deficit (1,521,758) (1,433,639)
Total stockholders’ equity 412,085 427,464
Total liabilities and stockholders' equity $ 2,303,530 $ 2,182,194