v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2024
Current assets:      
Cash and cash equivalents $ 494,693 $ 250,303 $ 110,838
Accounts receivable, net 273,366 216,936 198,962
Contract assets 81,441 67,780 58,200
Inventories 337,700 315,604 301,948
Prepaid expenses and other current assets 48,123 57,058 42,112
Total current assets 1,235,323 907,681 712,060
Property, plant and equipment, net 405,485 397,929 403,819
Intangible assets, net 2,448,201 2,429,879 2,474,421
Goodwill 2,799,108 2,745,351 2,629,183
Operating lease right-of-use assets, net 64,951 64,651 53,656
Other assets 53,584 50,943 44,451
Total assets 7,006,652 6,596,434 6,317,590
Current liabilities:      
Accounts payable 67,094 56,467 52,564
Contract liabilities, current 23,176 30,027 20,716
Operating lease liabilities, current 11,091 10,584 9,263
Debt, current 119 26,853 25,559
Accrued expenses and other current liabilities 135,502 163,230 154,919
Total current liabilities 236,982 287,161 263,021
Debt, noncurrent 1,718,018 2,606,459 2,514,758
Contract liabilities, noncurrent 1,270 1,414 2,204
Operating lease liabilities, noncurrent 54,142 53,798 43,588
Deferred tax liabilities 383,137 384,420 368,473
Other long-term liabilities 145,545 139,124 148,419
Total liabilities 2,539,094 3,472,376 3,340,463
Additional paid-in capital 4,512,250 0  
Accumulated deficit (16,112) 0  
Accumulated other comprehensive income 1,875 0  
Treasury stock, at cost (34,639) 0  
Members' equity 0 3,124,058 2,977,127
Total stockholders and members equity 4,467,558 3,124,058  
Total liabilities and stockholders' and members' equity 7,006,652 6,596,434 $ 6,317,590
Class A Common Stock      
Current liabilities:      
Common stock, value 777 0  
Class B Common Stock      
Current liabilities:      
Common stock, value 3,407 0  
Class C Common Stock      
Current liabilities:      
Common stock, value 0 0  
Convertible Common Stock      
Current liabilities:      
Accrued expenses and other current liabilities 13,277    
Common stock, value 0 0  
Preferred stock, value $ 0 $ 0