v3.26.1
NET INCOME (LOSS) PER SHARE- Schedule of Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Numerator:            
Net income (loss) $ 27,850 $ 53,456 $ (923,376) $ 12,939 $ 81,306 $ (910,437)
Net income (loss) attributable to common stockholders $ 27,850   $ (923,376)   $ 81,306 $ (910,437)
Denominator:            
Basic weighted-average common shares outstanding (in shares) 379,820,643   126,620,499   380,723,765 96,412,477
Basic EPS (in usd per share) $ 0.07   $ (7.29)   $ 0.21 $ (9.44)
Numerator:            
Net income (loss) attributable to common stockholders $ 27,850   $ (923,376)   $ 81,306 $ (910,437)
Reallocation of net income (loss) to Class B common stock 0   0   0 0
Net income (loss) for diluted EPS $ 27,850   $ (923,376)   $ 81,306 $ (910,437)
Denominator:            
Dilutive effect of stock options and unvested shares (in shares) 13,599,371       16,219,509  
Conversion of Class B to Class A common stock (in shares)   0   0 0
Diluted weighted-average common shares outstanding (in shares) 393,420,014   126,620,499   396,943,274 96,412,477
Diluted EPS (in usd per share) $ 0.07   $ (7.29)   $ 0.20 $ (9.44)
Class A            
Numerator:            
Net income (loss) $ 25,520   $ (876,954)   $ 74,482 $ (880,215)
Net income (loss) attributable to common stockholders $ 25,520   $ (876,954)   $ 74,482 $ (880,215)
Denominator:            
Basic weighted-average common shares outstanding (in shares) 348,049,758   120,254,772   348,770,966 93,212,028
Basic EPS (in usd per share) $ 0.07   $ (7.29)   $ 0.21 $ (9.44)
Numerator:            
Net income (loss) attributable to common stockholders $ 25,520   $ (876,954)   $ 74,482 $ (880,215)
Reallocation of net income (loss) to Class B common stock 2,330   (46,422)   6,824 (30,222)
Net income (loss) for diluted EPS $ 27,850   $ (923,376)   $ 81,306 $ (910,437)
Denominator:            
Dilutive effect of stock options and unvested shares (in shares) 13,599,371       16,219,509  
Conversion of Class B to Class A common stock (in shares) 31,770,885   6,365,727   31,952,799 3,200,449
Diluted weighted-average common shares outstanding (in shares) 393,420,014   126,620,499   396,943,274 96,412,477
Diluted EPS (in usd per share) $ 0.07   $ (7.29)   $ 0.20 $ (9.44)
Class B            
Numerator:            
Net income (loss) $ 2,330   $ (46,422)   $ 6,824 $ (30,222)
Net income (loss) attributable to common stockholders $ 2,330   $ (46,422)   $ 6,824 $ (30,222)
Denominator:            
Basic weighted-average common shares outstanding (in shares) 31,770,885   6,365,727   31,952,799 3,200,449
Basic EPS (in usd per share) $ 0.07   $ (7.29)   $ 0.21 $ (9.44)
Numerator:            
Net income (loss) attributable to common stockholders $ 2,330   $ (46,422)   $ 6,824 $ (30,222)
Reallocation of net income (loss) to Class B common stock (81)   0   (279) 0
Net income (loss) for diluted EPS $ 2,249   $ (46,422)   $ 6,545 $ (30,222)
Denominator:            
Dilutive effect of stock options and unvested shares (in shares)        
Conversion of Class B to Class A common stock (in shares)   0   0
Diluted weighted-average common shares outstanding (in shares) 31,770,885   6,365,727   31,952,799 3,200,449
Diluted EPS (in usd per share) $ 0.07   $ (7.29)   $ 0.20 $ (9.44)