v3.26.3
Leases
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Lessee, Operating Leases [Text Block] Leases
The Company enters into leases for real estate and equipment. Real estate leases are for our corporate office space and laboratories around the world. Real estate leases have remaining lease terms of less than 1 year to 15 years. Many of the Company’s leases include options to extend the leases on a month to month basis or for set periods for up to 20 years. Many leases also include options to terminate the leases within 1 year or per other contractual terms.
The components of lease expense were as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Operating lease cost$8,144 $7,672 $23,927 $23,425 
Variable lease cost$3,432 $3,282 $10,252 $9,113 
Supplemental cash flow information related to the leases was as follows (in thousands):
Nine Months Ended September 30,
20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$18,537 $18,738 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$53,331 $8,285 
Supplemental balance sheet information related to the leases was as follows (in thousands):
As of
September 30,
2026		December 31,
2025
Operating lease right-of-use assets - related parties$90,550 $68,416 
Operating lease right-of-use assets - non-related parties61,999 49,399 
Operating lease right-of-use assets$152,549 $117,815 
Other current liabilities - related parties6,609 6,915 
Other current liabilities - non-related parties18,808 16,294 
Other current liabilities$25,417 $23,209 
Operating lease liabilities - related parties99,233 77,344 
Operating lease liabilities - non-related parties46,808 36,299 
Operating lease liabilities146,041 113,643 
Total operating lease liabilities$171,458 $136,852 
Weighted Average Remaining Lease Term (years)
Operating leases9.39.1
Weighted Average Discount Rate
Operating leases5.7%5.7%
Lease payments due related to lease liabilities as of September 30, 2026 were as follows (in thousands):
Related Party
Operating Leases
Non-Related Parties
Operating Leases
Total
Operating Leases
Remainder of 2026
$3,238 $5,313 $8,551 
202712,526 20,172 32,698 
202812,198 15,605 27,803 
202912,413 12,059 24,472 
203012,634 7,251 19,885 
Later years98,027 14,250 112,277 
Total lease payments151,036 74,650 225,686 
Less: imputed interest(45,194)(9,034)(54,228)
Total$105,842 $65,616 $171,458 
As of September 30, 2026, we have an additional lease with contractual obligations, which have not yet commenced, with future payments of $0.4 million.