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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income $ 57,287 $ 37,097
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 64,276 38,441
Stock-based compensation 18,485 12,198
Loss on debt extinguishment 16,084 0
Amortization of debt financing costs 4,693 1,221
Deferred income tax expense 20,216 9,056
Other 333 279
Changes in assets and liabilities:    
Accounts receivable (105,689) (41,776)
Prepaid expenses and other assets 616 (1,582)
Inventories (10,568) (780)
Accounts payable 8,407 1,824
Accrued liabilities 10,046 (1,318)
Deferred revenue 181,320 (1,044)
Cash settlement of stock-based compensation 0 (3,713)
Net cash provided by operating activities 265,506 49,903
Cash flows from investing activities:    
Investment in equipment held for lease and property, plant and equipment (835,200) (329,454)
Asset acquisition, net of cash acquired (107,623) 0
Other (7,660) (7,545)
Net cash used in investing activities (950,483) (336,999)
Cash flows from financing activities:    
Borrowings from debt financing 1,778,380 71,979
Borrowings from convertible notes 0 155,000
Repayments of debt financing (463,950) 0
Payments of fees related to debt extinguishment (5,921) 0
Payments of financing costs related to debt and convertible notes (44,245) (13,242)
Distributions to non-controlling interest unitholders (3,585) (7,933)
Dividends paid to Class A common stock shareholders (14,454) (9,554)
Payments under finance leases (1,704) (1,612)
Proceeds from issuance of insurance notes payable 0 149
Payments under insurance premium financing (1,630) (717)
Cancelled shares withheld for taxes from vesting of restricted stock and restricted stock units (14,715) (10,212)
Payment of liabilities under Tax Receivable Agreement (1,717) (3,610)
Capital contributions from non-controlling interest in Stateline 0 86,023
Net cash provided by financing activities 1,226,459 266,271
Net increase (decrease) in cash, cash equivalents and restricted cash 541,482 (20,825)
Cash, cash equivalents and restricted cash at beginning of period 353,319 159,867
Cash, cash equivalents and restricted cash at end of period 894,801 139,042
Non-cash investing and financing activities:    
Additions to equipment held for lease and property, plant and equipment not yet paid at period-end 141,570 29,459
Additions to property, plant, and equipment through finance leases 3,130 1,689
Unpaid capitalized interest on equipment held for leases 5,521 0
Issuance of common stock for asset acquisition 238,377 0
Asset acquisition cost incurred but not paid at period-end 2,794 0
Incurrence of debt for asset acquisition 123,196 0
Capitalized depreciation in property, plant and equipment 0 190
Capitalized stock-based compensation 0 335
Supplemental cash flow disclosure:    
Interest paid, net of capitalized interest 5,315 11,980
Interest received 7,869 2,068
Income taxes (refunded) paid, net $ (187) $ 782