v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 1,499,089 $ 1,228,425 $ 2,905,996 $ 2,400,888
Cost of revenue 773,223 625,685 1,495,886 1,216,581
Gross profit 725,866 602,740 1,410,110 1,184,307
Operating expenses:        
Research and development 273,317 243,495 535,483 497,790
Sales and marketing 216,802 220,724 428,668 432,837
General and administrative 118,430 101,532 220,976 193,609
Impairment of long-lived assets 32,771 0 32,771 0
Total operating expenses 641,320 565,751 1,217,898 1,124,236
Income from operations 84,546 36,989 192,212 60,071
Other (expenses) income, net:        
Share of losses from equity method investment (24,346) (25,222) (51,569) (44,693)
Other income, net 15,326 21,825 37,115 44,798
Total other (expenses) income, net (9,020) (3,397) (14,454) 105
Income before benefit from (provision for) income taxes 75,526 33,592 177,758 60,176
Benefit from (provision for) income taxes 991,683 (11,169) 979,590 (17,736)
Net income attributable to common stockholders $ 1,067,209 $ 22,423 $ 1,157,348 $ 42,440
Net income per share attributable to common stockholders:        
Basic (in dollars per share) $ 6.99 $ 0.15 $ 7.59 $ 0.28
Diluted (in dollars per share) $ 6.68 $ 0.14 $ 7.29 $ 0.26
Weighted-average shares used to compute net income per share attributable to common stockholders:        
Basic (in shares) 152,785,292 153,228,766 152,582,316 153,273,594
Diluted (in shares) 159,708,166 159,691,758 158,711,170 160,729,638