v3.26.1
Property and Equipment, Net (Tables)
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Schedule of Property and Equipment Net and Depreciation Expense
Property and equipment, net, consisted of the following (in millions):
As of
June 30,
2026		December 31,
2025
Building$122.0 $118.4 
Equipment
94.8 49.9 
Computer hardware and software
13.0 9.9 
Leasehold improvements
54.6 50.7 
Construction in progress91.0 60.0 
Total property and equipment375.4 288.9 
Less: Accumulated depreciation(48.7)(35.3)
Total property and equipment, net$326.7 $253.6 
The following table presents depreciation expense included in each respective expense category in the condensed consolidated statements of operations (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cost of revenue
$0.4 $— $0.8 $— 
Research and development6.8 4.1 12.2 7.7 
General and administrative0.3 0.1 0.4 0.2 
Total depreciation expense$7.5 $4.2 $13.4 $7.9