Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2026

Summary of Restricted Stock Unit and PSU Activity

The following table summarizes restricted stock awards activity for the six months ended June 30, 2026:


		Time-Based Restricted Stock Awards								Market-Based Restricted Stock Awards
		Shares				Weighted Average Grant Date Fair Value				Shares				Weighted Average Grant Date Fair Value
		(in thousands)				(in dollars)				(in thousands)				(in dollars)
Unvested shares of restricted stock outstanding at December 31, 2025			1,133.3			$	216.76				166.4			$	253.59
Granted			123.1			$	134.35				6.8			$	112.27
Vested			(265.6	)		$	228.81				—			$	—
Forfeited			(319.8	)		$	214.59				(44.9	)		$	245.21
Unvested shares of restricted stock outstanding at June 30, 2026			671.1			$	197.90				128.2			$	249.07

The following table summarizes restricted stock unit awards activity for the six months ended June 30, 2026:


		RSUs								PSUs
		Units				Weighted Average Grant Date Fair Value Per Unit				Units				Weighted Average Grant Date Fair Value Per Unit
		(in thousands)				(in dollars)				(in thousands)				(in dollars)
Unvested restricted stock units outstanding at December 31, 2025			76.5			$	209.86				80.2			$	213.17
Granted			135.1			$	124.26				134.7			$	124.24
Vested			(26.5	)		$	208.00				(80.1	)		$	213.06
Forfeited			(5.6	)		$	213.06				—			$	—
Unvested restricted stock units outstanding at June 30, 2026			179.6			$	145.61				134.9			$	124.42

Summary of Non-cash Stock-based Compensation

The following table presents the non-cash stock-based compensation expense that is included within the specified line items in our consolidated statements of comprehensive income:


	Three Months Ended June 30,								Six Months Ended June 30,
	2026				2025				2026				2025
Non-cash stock-based compensation expense:
Operating expenses	$	2.0			$	6.2			$	4.2			$	9.4
Sales and marketing		3.8				6.6				7.9				12.5
Research and development		0.9				12.6				0.9				19.5
General and administrative		10.8				13.0				18.7				19.2
Total non-cash stock-based compensation expense	$	17.6			$	38.4			$	31.6			$	60.6

Summary of Unrecognized Compensation Cost and Related Weighted Average Recognition Period Associated with Unvested restricted Stock Awards and Unvested Restricted Stock Units

The following table presents the unrecognized compensation cost and the related weighted average recognition period associated with unvested equity incentive awards as of June 30, 2026:


		Restricted Stock Awards				Restricted Stock Units
Unrecognized compensation cost		$	105.0			$	32.0
Weighted average period for recognition (years)			1.6				1.3