| Schedule of Available-for-Sale Marketable Securities |
The following is a summary of available-for-sale marketable securities, excluding those securities classified within cash and cash equivalents on the condensed consolidated balance sheets as of June 30, 2026 and December 31, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Amortized
Cost | | Unrealized
Gain | | Unrealized Losses | | Fair
Value | | Corporate debt securities | $ | 2,601,403 | | | $ | 710 | | | $ | (5,147) | | | $ | 2,596,966 | | | Commercial paper | 875,857 | | | 3 | | | (754) | | | 875,106 | | | U.S. government treasury securities | 760,773 | | | 51 | | | (3,433) | | | 757,391 | | | Certificates of deposit | 321,162 | | | 12 | | | (156) | | | 321,018 | | | | | | | | | | | Marketable securities | $ | 4,559,195 | | | $ | 776 | | | $ | (9,490) | | | $ | 4,550,481 | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Amortized
Cost | | Unrealized
Gain | | Unrealized Losses | | Fair
Value | | Corporate debt securities | $ | 2,577,421 | | | $ | 6,103 | | | $ | (131) | | | $ | 2,583,393 | | | U.S. government treasury securities | 693,907 | | | 1,993 | | | (6) | | | 695,894 | | | Commercial paper | 599,663 | | | 304 | | | — | | | 599,967 | | | Certificates of deposit | 192,685 | | | 99 | | | — | | | 192,784 | | | U.S. government agency securities | 1,490 | | | 3 | | | — | | | 1,493 | | | Marketable securities | $ | 4,065,166 | | | $ | 8,502 | | | $ | (137) | | | $ | 4,073,531 | |
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| Schedule of Fair Values of Available-for-Sale Marketable Securities, by Remaining Contractual Maturity |
As of June 30, 2026, the fair values of available-for-sale marketable securities, by remaining contractual maturity, were as follows (in thousands): | | | | | | | Due within one year | $ | 2,874,704 | | | Due in one year through five years | 1,675,777 | | | Total | $ | 4,550,481 | |
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