v3.26.3
Basic and Diluted Net Income Per Share - Schedule of Computation of Company's Basic and Diluted Net Loss per Share of Common Stock (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Numerator                
Net income $ 569,700 $ 39,115 $ 30,618 $ 17,559 $ 13,193 $ (10,328) $ 639,433 $ 20,424
Less: Dividends declared for Preferred Stock (93)     0     (204) 0
Less: Undistributed earnings allocated to Preferred Stock (4,910)     0     (5,389) 0
Net income attributable to common stockholders – Basic $ 564,697     $ 17,559     $ 633,840 $ 20,424
Denominator                
Weighted-average common shares outstanding for basic net income per share (in shares) 83,859     90,141     84,187 90,619
Effect of dilutive securities:                
Shares of common stock issuable under equity incentive awards outstanding (in shares) 3,085     1,080     2,166 949
Shares of common stock related to convertible preferred stock (in shares) 743     743     743 743
Weighted-average common shares outstanding for diluted net income per share (in shares) 87,687     91,964     87,096 92,311
Basic net income per share (in dollars per share) $ 6.73     $ 0.19     $ 7.53 $ 0.23
Diluted net income per share (in dollars per share) $ 6.50     $ 0.19     $ 7.34 $ 0.22