v3.26.1
Business Combinations (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Aggregate Purchase Consideration The aggregate purchase consideration was $1.0 billion, which was comprised of the following (in millions):
Cash paid by the Company$96 
Fair value of Class A common stock and restricted stock awards issued by the Company929 
Fair value of replacement restricted stock units
Total purchase price$1,029 
Schedule of Fair Values of Assets Acquired and Liabilities Assumed
The fair values of assets acquired and liabilities assumed on the acquisition date are summarized as follows (in millions):
Cash and cash equivalents$51 
Accounts receivable, net13 
Prepaid expenses and other current assets
Property and equipment, net
Operating lease right-of-use assets
Intangible assets, net208 
Goodwill793 
Total assets acquired$1,069 
Accounts payable
Accrued liabilities
Deferred revenue, current25 
Operating lease liabilities, non-current
Deferred tax liabilities, non-current
Total liabilities assumed$40 
Total purchase price$1,029 
Schedule of Intangible Assets and Estimated Useful Lives The following table presents the amounts allocated to the intangible assets identified as of the date of acquisition and the estimated useful lives (in millions):
Fair ValueUseful Lives
(in years)
Customer relationships$36 12
Developed technology162 
5 - 7
Trade name10 5
Total $208