v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
 [1]
Current assets:    
Cash and cash equivalents $ 874,005 $ 1,311,679
Short-term investments 0 248,930
Accounts receivable, net 1,061,047 908,214
Inventory 1,782,524 1,298,883
Other current assets 254,047 185,784
Total current assets 3,971,623 3,953,490
Noncurrent assets:    
Long-term investments 0 492,242
Property, plant and equipment, net 989,994 952,508
Intangible assets, net 4,879,367 213,837
Goodwill 655,745 196,199
Deferred tax assets 888,575 1,508,697
Other assets 338,138 277,049
Total assets 11,723,442 7,594,022
Current liabilities:    
Accounts payable and accrued liabilities 1,005,793 759,031
Current portion of long-term debt, net 658,203 0
Total current liabilities 1,663,996 759,031
Noncurrent liabilities:    
Long-term debt, net 3,527,939 597,176
Other long-term liabilities 209,815 150,816
Total liabilities 5,401,750 1,507,023
Stockholders’ equity:    
Common stock, $0.001 par value: 500,000,000 shares authorized; 193,535,556 and 192,300,101 shares issued and outstanding, respectively 194 192
Additional paid-in capital 6,037,019 5,956,582
Company common stock held by the Nonqualified Deferred Compensation Plan (11,233) (10,508)
Accumulated other comprehensive loss (8,783) (13,473)
Retained earnings 304,495 154,206
Total stockholders’ equity 6,321,692 6,086,999 [2]
Total liabilities and stockholders’ equity $ 11,723,442 $ 7,594,022
[1]
(1)December 31, 2025 balances were derived from the audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 26, 2026.
[2] The beginning balances for the six-month periods were derived from the audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on February 26, 2026.