v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (loss)
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2024   90,718      
Beginning balance at Dec. 31, 2024 $ (550,919) $ 9 $ 1,215,377 $ (8,881) $ (1,757,424)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (in shares)   1,556      
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (1,904)   (1,904)    
Repurchases of common stock (in shares)   (1,822)      
Repurchases of common stock (50,036)   (50,036)    
Share-based compensation 70,671   70,671    
Other comprehensive income (loss) 1,319     1,319  
Net income (loss) (10,328)       (10,328)
Ending balance (in shares) at Mar. 31, 2025   90,452      
Ending balance at Mar. 31, 2025 (541,197) $ 9 1,234,108 (7,562) (1,767,752)
Beginning balance (in shares) at Dec. 31, 2024   90,718      
Beginning balance at Dec. 31, 2024 (550,919) $ 9 1,215,377 (8,881) (1,757,424)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Other comprehensive income (loss) 10,529        
Net income (loss) 20,424        
Ending balance (in shares) at Sep. 30, 2025   88,514      
Ending balance at Sep. 30, 2025 (533,755) $ 9 1,201,588 1,648 (1,737,000)
Beginning balance (in shares) at Mar. 31, 2025   90,452      
Beginning balance at Mar. 31, 2025 (541,197) $ 9 1,234,108 (7,562) (1,767,752)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (in shares)   1,718      
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings 7,397   7,397    
Repurchases of common stock (in shares)   (1,212)      
Repurchases of common stock (32,185)   (32,185)    
Share-based compensation 56,045   56,045    
Other comprehensive income (loss) 10,160     10,160  
Net income (loss) 13,193       13,193
Ending balance (in shares) at Jun. 30, 2025   90,958      
Ending balance at Jun. 30, 2025 (486,587) $ 9 1,265,365 2,598 (1,754,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (in shares)   1,463      
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (4,736)   (4,736)    
Repurchases of common stock (in shares)   (3,907)      
Repurchases of common stock (116,614)   (116,614)    
Share-based compensation 57,573   57,573    
Other comprehensive income (loss) (950)     (950)  
Net income (loss) 17,559       17,559
Ending balance (in shares) at Sep. 30, 2025   88,514      
Ending balance at Sep. 30, 2025 (533,755) $ 9 1,201,588 1,648 (1,737,000)
Beginning balance (in shares) at Dec. 31, 2025   85,199      
Beginning balance at Dec. 31, 2025 (588,119) $ 9 1,123,447 2,458 (1,714,033)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (in shares)   1,686      
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (10,760)   (10,760)    
Repurchases of common stock (in shares)   (2,545)      
Repurchases of common stock (82,365) $ (1) (82,364)    
Share-based compensation 48,554   48,554    
Other comprehensive income (loss) (837)     (837)  
Dividends declared (6,413)       (6,413)
Net income (loss) 30,618       30,618
Ending balance (in shares) at Mar. 31, 2026   84,340      
Ending balance at Mar. 31, 2026 (609,322) $ 8 1,078,877 1,621 (1,689,828)
Beginning balance (in shares) at Dec. 31, 2025   85,199      
Beginning balance at Dec. 31, 2025 (588,119) $ 9 1,123,447 2,458 (1,714,033)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Other comprehensive income (loss) 3,409        
Net income (loss) 639,433        
Ending balance (in shares) at Sep. 30, 2026   84,449      
Ending balance at Sep. 30, 2026 (12,385) $ 8 1,079,624 5,867 (1,097,884)
Beginning balance (in shares) at Mar. 31, 2026   84,340      
Beginning balance at Mar. 31, 2026 (609,322) $ 8 1,078,877 1,621 (1,689,828)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (in shares)   1,663      
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings 5,206   5,206    
Repurchases of common stock (in shares)   (2,239)      
Repurchases of common stock (92,287)   (92,287)    
Share-based compensation 51,625   51,625    
Other comprehensive income (loss) 1,665     1,665  
Dividends declared (6,361)       (6,361)
Net income (loss) 39,115       39,115
Ending balance (in shares) at Jun. 30, 2026   83,764      
Ending balance at Jun. 30, 2026 (610,359) $ 8 1,043,421 3,286 (1,657,074)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (in shares)   1,125      
Issuance of common stock in connection with Equity Incentive and Employee Stock Purchase plans, net of tax withholdings (6,785)   (6,785)    
Repurchases of common stock (in shares)   (440)      
Repurchases of common stock (16,590)   (16,590)    
Share-based compensation 59,578   59,578    
Other comprehensive income (loss) 2,581     2,581  
Dividends declared (10,510)       (10,510)
Net income (loss) 569,700       569,700
Ending balance (in shares) at Sep. 30, 2026   84,449      
Ending balance at Sep. 30, 2026 $ (12,385) $ 8 $ 1,079,624 $ 5,867 $ (1,097,884)