v3.26.1
CASH, CASH EQUIVALENTS AND INVESTMENTS
 6 Months Ended
Jun. 30, 2026
Cash and Cash Equivalents [Abstract]  
CASH, CASH EQUIVALENTS AND INVESTMENTS CASH, CASH EQUIVALENTS AND INVESTMENTS
The following is a summary of the Company’s cash, cash equivalents and debt investments (in thousands):
June 30,
2026		December 31,
2025
Cash$771,683 $969,628 
Money market funds233,904 129,674 
Certificates of deposit309,162 157,243 
U.S. treasuries and government agency bonds99,012 - 
Auction-rate securities backed by student-loan notes25 49 
Total$1,413,786 $1,256,594 
June 30,
2026		December 31,
2025
Reported as:
Cash and cash equivalents$1,005,587 $1,099,302 
Short-term investments408,174 157,243 
Investment within other long-term assets25 49 
Total$1,413,786 $1,256,594 
The following table summarizes the contractual maturities of the short-term and long-term available-for-sale investments as of June 30, 2026 (in thousands):
Amortized CostFair Value
Due in less than 1 year$305,167 $305,120 
Due in 1 - 5 years103,054 103,054 
Due in greater than 5 years25 25 
Total$408,246 $408,199 
Gross realized gains and losses recognized on the sales of available-for-sale investments were not material for the periods presented.