CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) shares in Thousands, $ in Thousands |
Total |
Class A Common Stock |
Class B Common Stock |
Common Stock
Class A Common Stock
|
Common Stock
Class B Common Stock
|
Additional Paid-in Capital |
Accumulated Deficit |
Accumulated Other Comprehensive Income |
Treasury Stock Amount |
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
489,071
|
393,014
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
$ 1,010,626
|
|
|
$ 48
|
$ 39
|
$ 7,978,425
|
$ (6,441,228)
|
$ 36,488
|
$ (563,146)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
1,268
|
|
|
|
|
|
| Exercise of stock options |
3,396
|
|
|
|
|
3,396
|
|
|
|
| Stock-based compensation |
100,380
|
|
|
|
|
100,380
|
|
|
|
| Exercise of warrants (in shares) |
|
|
|
182
|
|
|
|
|
|
| Exercise of warrants |
8,973
|
|
|
|
|
8,973
|
|
|
|
| Purchase of treasury stock for RSU withholding (in shares) |
|
|
|
(1,519)
|
|
|
|
|
|
| Purchase of treasury stock for RSU withholding |
(74,318)
|
|
|
|
|
|
|
|
(74,318)
|
| Restricted stock unit vesting (in shares) |
|
|
|
11,001
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program (in shares) |
|
|
|
(3,664)
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program |
(142,278)
|
|
|
|
|
|
|
|
(142,278)
|
| Net income (loss) |
(33,864)
|
|
|
|
|
|
(33,864)
|
|
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
|
|
496,339
|
393,014
|
|
|
|
|
| Ending balance at Mar. 31, 2025 |
872,915
|
|
|
$ 48
|
$ 39
|
8,091,174
|
(6,475,092)
|
36,488
|
(779,742)
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
489,071
|
393,014
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
1,010,626
|
|
|
$ 48
|
$ 39
|
7,978,425
|
(6,441,228)
|
36,488
|
(563,146)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Shares issued for contingent consideration |
$ 4,962
|
|
|
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program (in shares) |
(6,500)
|
|
|
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program |
$ (242,700)
|
|
|
|
|
|
|
|
|
| Net income (loss) |
124,072
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
496,051
|
393,014
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
1,009,628
|
|
|
$ 48
|
$ 39
|
8,197,948
|
(6,317,156)
|
36,488
|
(907,739)
|
| Beginning balance (in shares) at Mar. 31, 2025 |
|
|
|
496,339
|
393,014
|
|
|
|
|
| Beginning balance at Mar. 31, 2025 |
872,915
|
|
|
$ 48
|
$ 39
|
8,091,174
|
(6,475,092)
|
36,488
|
(779,742)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
736
|
|
|
|
|
|
| Exercise of stock options |
2,908
|
|
|
|
|
2,908
|
|
|
|
| Stock-based compensation |
89,792
|
|
|
|
|
89,792
|
|
|
|
| Exercise of warrants (in shares) |
|
|
|
74
|
|
|
|
|
|
| Exercise of warrants |
2,212
|
|
|
|
|
2,212
|
|
|
|
| Purchase of treasury stock for RSU withholding (in shares) |
|
|
|
(780)
|
|
|
|
|
|
| Purchase of treasury stock for RSU withholding |
(27,534)
|
|
|
|
|
|
|
|
(27,534)
|
| Shares issued under Employee Stock Purchase Plan (in shares) |
|
|
|
218
|
|
|
|
|
|
| Shares issued under Employee Stock Purchase Plan |
6,900
|
|
|
|
|
6,900
|
|
|
|
| Shares issued for contingent consideration (in shares) |
|
|
|
110
|
|
|
|
|
|
| Shares issued for contingent consideration |
$ 4,962
|
|
|
|
|
4,962
|
|
|
|
| Restricted stock unit vesting (in shares) |
|
|
|
2,226
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program (in shares) |
(2,900)
|
|
|
(2,872)
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program |
$ (100,463)
|
|
|
|
|
|
|
|
(100,463)
|
| Net income (loss) |
157,936
|
|
|
|
|
|
157,936
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
496,051
|
393,014
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
1,009,628
|
|
|
$ 48
|
$ 39
|
8,197,948
|
(6,317,156)
|
36,488
|
(907,739)
|
| Beginning balance (in shares) at Dec. 31, 2025 |
|
495,053
|
393,014
|
495,053
|
393,014
|
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
631,461
|
|
|
$ 52
|
$ 39
|
8,424,833
|
(6,437,518)
|
36,488
|
(1,392,433)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
1,773
|
|
|
|
|
|
| Exercise of stock options |
3,315
|
|
|
|
|
3,315
|
|
|
|
| Stock-based compensation |
72,144
|
|
|
|
|
72,144
|
|
|
|
| Purchase of treasury stock for RSU withholding (in shares) |
|
|
|
(1,002)
|
|
|
|
|
|
| Purchase of treasury stock for RSU withholding |
(24,303)
|
|
|
|
|
|
|
|
(24,303)
|
| Restricted stock unit vesting (in shares) |
|
|
|
3,228
|
|
|
|
|
|
| Restricted stock unit vesting |
1
|
|
|
$ 1
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program (in shares) |
|
|
|
(3,288)
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program |
(98,640)
|
|
|
|
|
|
|
|
(98,640)
|
| Net income (loss) |
21,070
|
|
|
|
|
|
21,070
|
|
|
| Ending balance (in shares) at Mar. 31, 2026 |
|
|
|
495,764
|
393,014
|
|
|
|
|
| Ending balance at Mar. 31, 2026 |
605,048
|
|
|
$ 53
|
$ 39
|
8,500,292
|
(6,416,448)
|
36,488
|
(1,515,376)
|
| Beginning balance (in shares) at Dec. 31, 2025 |
|
495,053
|
393,014
|
495,053
|
393,014
|
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
$ 631,461
|
|
|
$ 52
|
$ 39
|
8,424,833
|
(6,437,518)
|
36,488
|
(1,392,433)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
1,880
|
|
|
|
|
|
|
|
|
| Shares issued for contingent consideration |
$ 9,420
|
|
|
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program (in shares) |
(5,500)
|
|
|
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program |
$ (154,200)
|
|
|
|
|
|
|
|
|
| Net income (loss) |
(46,540)
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
495,978
|
393,014
|
495,978
|
393,014
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
569,428
|
|
|
$ 53
|
$ 39
|
8,607,037
|
(6,484,058)
|
36,488
|
(1,590,131)
|
| Beginning balance (in shares) at Mar. 31, 2026 |
|
|
|
495,764
|
393,014
|
|
|
|
|
| Beginning balance at Mar. 31, 2026 |
605,048
|
|
|
$ 53
|
$ 39
|
8,500,292
|
(6,416,448)
|
36,488
|
(1,515,376)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
107
|
|
|
|
|
|
| Exercise of stock options |
752
|
|
|
|
|
752
|
|
|
|
| Stock-based compensation |
86,586
|
|
|
|
|
86,586
|
|
|
|
| Purchase of treasury stock for RSU withholding (in shares) |
|
|
|
(738)
|
|
|
|
|
|
| Purchase of treasury stock for RSU withholding |
(19,177)
|
|
|
|
|
|
|
|
(19,177)
|
| Shares issued under Employee Stock Purchase Plan (in shares) |
|
|
|
460
|
|
|
|
|
|
| Shares issued under Employee Stock Purchase Plan |
9,987
|
|
|
|
|
9,987
|
|
|
|
| Shares issued for contingent consideration (in shares) |
|
|
|
410
|
|
|
|
|
|
| Shares issued for contingent consideration |
$ 9,420
|
|
|
|
|
9,420
|
|
|
|
| Restricted stock unit vesting (in shares) |
|
|
|
2,229
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program (in shares) |
(2,300)
|
|
|
(2,254)
|
|
|
|
|
|
| Purchase of treasury stock under Stock Repurchase Program |
$ (55,578)
|
|
|
|
|
|
|
|
(55,578)
|
| Net income (loss) |
(67,610)
|
|
|
|
|
|
(67,610)
|
|
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
495,978
|
393,014
|
495,978
|
393,014
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
$ 569,428
|
|
|
$ 53
|
$ 39
|
$ 8,607,037
|
$ (6,484,058)
|
$ 36,488
|
$ (1,590,131)
|