| Schedule of Cash, Restricted Cash and Short-term Investments |
The following tables summarize the Company’s cash, cash equivalents, restricted cash and short-term investments as of September 30, 2026 and December 31, 2025:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of September 30, 2026 | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | Cash and Cash Equivalents | | Short-term Investments | | Other Current Assets | | Non-current Assets | | (in thousands) | | Cash | $ | 4,271,312 | | | $ | — | | | $ | — | | | $ | 4,271,312 | | | $ | 4,267,872 | | | $ | — | | | $ | 3,358 | | | $ | 82 | | | Level 1 securities: | | | | | | | | | | | | | | | | | Money market funds | 2,352,508 | | | — | | | — | | | 2,352,508 | | | 2,352,446 | | | — | | | — | | | 62 | | | Level 2 securities: | | | | | | | | | | | | | | | | Time deposits | 1,602,635 | | | — | | | — | | | 1,602,635 | | | 1,573,957 | | | 28,678 | | | — | | | — | | | | | | | | | | | | | | | | | | | $ | 8,226,455 | | | $ | — | | | $ | — | | | $ | 8,226,455 | | | $ | 8,194,275 | | | $ | 28,678 | | | $ | 3,358 | | | $ | 144 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2025 | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | Cash and Cash Equivalents | | Short-term Investments | | Other Current Assets | | Non-current Assets | | (in thousands) | | Cash | $ | 5,214,163 | | | $ | — | | | $ | — | | | $ | 5,214,163 | | | $ | 5,208,710 | | | $ | — | | | $ | 5,369 | | | $ | 84 | | | Level 1 securities: | | | | | | | | | | | | | | | | | Money market funds | 3,259,240 | | | — | | | — | | | 3,259,240 | | | 3,259,180 | | | — | | | — | | | 60 | | | Level 2 securities: | | | | | | | | | | | | | | | | Time deposits | 594,469 | | | — | | | — | | | 594,469 | | | 565,791 | | | 28,678 | | | — | | | — | | | $ | 9,067,872 | | | $ | — | | | $ | — | | | $ | 9,067,872 | | | $ | 9,033,681 | | | $ | 28,678 | | | $ | 5,369 | | | $ | 144 | |
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| Schedule of Cash, Restricted Cash and Short-term Investments |
The following tables summarize the Company’s cash, cash equivalents, restricted cash and short-term investments as of September 30, 2026 and December 31, 2025:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of September 30, 2026 | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | Cash and Cash Equivalents | | Short-term Investments | | Other Current Assets | | Non-current Assets | | (in thousands) | | Cash | $ | 4,271,312 | | | $ | — | | | $ | — | | | $ | 4,271,312 | | | $ | 4,267,872 | | | $ | — | | | $ | 3,358 | | | $ | 82 | | | Level 1 securities: | | | | | | | | | | | | | | | | | Money market funds | 2,352,508 | | | — | | | — | | | 2,352,508 | | | 2,352,446 | | | — | | | — | | | 62 | | | Level 2 securities: | | | | | | | | | | | | | | | | Time deposits | 1,602,635 | | | — | | | — | | | 1,602,635 | | | 1,573,957 | | | 28,678 | | | — | | | — | | | | | | | | | | | | | | | | | | | $ | 8,226,455 | | | $ | — | | | $ | — | | | $ | 8,226,455 | | | $ | 8,194,275 | | | $ | 28,678 | | | $ | 3,358 | | | $ | 144 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2025 | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | Cash and Cash Equivalents | | Short-term Investments | | Other Current Assets | | Non-current Assets | | (in thousands) | | Cash | $ | 5,214,163 | | | $ | — | | | $ | — | | | $ | 5,214,163 | | | $ | 5,208,710 | | | $ | — | | | $ | 5,369 | | | $ | 84 | | | Level 1 securities: | | | | | | | | | | | | | | | | | Money market funds | 3,259,240 | | | — | | | — | | | 3,259,240 | | | 3,259,180 | | | — | | | — | | | 60 | | | Level 2 securities: | | | | | | | | | | | | | | | | Time deposits | 594,469 | | | — | | | — | | | 594,469 | | | 565,791 | | | 28,678 | | | — | | | — | | | $ | 9,067,872 | | | $ | — | | | $ | — | | | $ | 9,067,872 | | | $ | 9,033,681 | | | $ | 28,678 | | | $ | 5,369 | | | $ | 144 | |
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