v3.26.1
Cash, Cash Equivalents and Short-Term Investments, Net (Tables)
 6 Months Ended
Jun. 30, 2026
Cash, Cash Equivalents, and Short-Term Investments [Abstract]  
Schedule of Cash, Cash Equivalents and Short-term Investments in Marketable Securities
Cash, cash equivalents and short-term investments in marketable securities were as follows (in thousands):
As of June 30, 2026
Cash and
Cash
Equivalents		Short-Term
Investments, Net		Total
Cash$301,288 $— $301,288 
Level 1:
Money market funds639,743 — 639,743 
Level 2:
Certificates of deposit55,000 — 55,000 
Commercial paper107,009 82,476 189,485 
Corporate debt securities— 94,488 94,488 
U.S. government and agency securities19,939 185,390 205,329 
Total$1,122,979 $362,354 $1,485,333 
As of December 31, 2025
Cash and
Cash
Equivalents		Short-Term
Investments, Net		Total
Cash$240,916 $— $240,916 
Level 1:
Money market funds306,658 — 306,658 
Level 2:
Commercial paper83,180 133,222 216,402 
Corporate debt securities— 358,919 358,919 
U.S. government and agency securities27,421 152,741 180,162 
Total$658,175 $644,882 $1,303,057 
Schedule of Contractual Maturities of Short-Term Investments
The contractual maturities of the Company’s short-term investments are as follows (in thousands):
June 30, 2026
Due in one year$280,034 
Due in one to two years82,320 
Total$362,354