v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2024   145,910      
Beginning balance at Dec. 31, 2024 $ 2,492,737 $ 15 $ 3,921,432 $ (1,737) $ (1,426,973)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock pursuant to equity incentive plans (in shares)   2,352      
Issuance of common stock pursuant to equity incentive plans 2,946   2,946    
Stock-based compensation expense 180,134   180,134    
Shares withheld for taxes related to net share settlement of equity awards (in shares)   (931)      
Shares withheld for taxes related to net share settlement of equity awards (71,508)   (71,508)    
Net income 3,171     3,171  
Net income (loss) (16,928)       (16,928)
Ending balance (in shares) at Jun. 30, 2025   147,331      
Ending balance at Jun. 30, 2025 2,590,552 $ 15 4,033,004 1,434 (1,443,901)
Beginning balance (in shares) at Mar. 31, 2025   146,657      
Beginning balance at Mar. 31, 2025 2,525,709 $ 15 3,980,854 (756) (1,454,404)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock pursuant to equity incentive plans (in shares)   1,126      
Issuance of common stock pursuant to equity incentive plans 511   511    
Stock-based compensation expense 84,640   84,640    
Shares withheld for taxes related to net share settlement of equity awards (in shares)   (452)      
Shares withheld for taxes related to net share settlement of equity awards (33,001)   (33,001)    
Net income 2,190     2,190  
Net income (loss) 10,503       10,503
Ending balance (in shares) at Jun. 30, 2025   147,331      
Ending balance at Jun. 30, 2025 2,590,552 $ 15 4,033,004 1,434 (1,443,901)
Beginning balance (in shares) at Dec. 31, 2025   147,850      
Beginning balance at Dec. 31, 2025 2,657,945 $ 15 4,145,485 1,039 (1,488,594)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock pursuant to equity incentive plans (in shares)   3,077      
Issuance of common stock pursuant to equity incentive plans 36,586   36,586    
Stock-based compensation expense 154,003   154,003    
Shares withheld for taxes related to net share settlement of equity awards (in shares)   (985)      
Shares withheld for taxes related to net share settlement of equity awards (110,833)   (110,833)    
Repurchases and retirement of common stock (in shares)   (1,549)      
Repurchases and retirement of common stock (162,702)       (162,702)
Net income (1,463)     (1,463)  
Net income (loss) 249,916       249,916
Ending balance (in shares) at Jun. 30, 2026   148,393      
Ending balance at Jun. 30, 2026 2,823,452 $ 15 4,225,241 (424) (1,401,380)
Beginning balance (in shares) at Mar. 31, 2026   147,584      
Beginning balance at Mar. 31, 2026 2,671,064 $ 15 4,174,436 (493) (1,502,894)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock pursuant to equity incentive plans (in shares)   1,804      
Issuance of common stock pursuant to equity incentive plans 34,797   34,797    
Stock-based compensation expense 75,321   75,321    
Shares withheld for taxes related to net share settlement of equity awards (in shares)   (461)      
Shares withheld for taxes related to net share settlement of equity awards (59,313)   (59,313)    
Repurchases and retirement of common stock (in shares)   (534)      
Repurchases and retirement of common stock (62,702)       (62,702)
Net income 69     69  
Net income (loss) 164,216       164,216
Ending balance (in shares) at Jun. 30, 2026   148,393      
Ending balance at Jun. 30, 2026 $ 2,823,452 $ 15 $ 4,225,241 $ (424) $ (1,401,380)