Other Income and Expenses (Tables)

9 Months Ended

Sep. 30, 2026

Other Income and Expenses [Abstract]

The components of the total other (income) expense, net are as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2026		2025		2026		2025
(Gain) loss on convertible debt transactions, net (1)	$	(108,571)	$	—	$	260,852	$	—
Interest income	(6,468)		(5,986)		(17,464)		(18,015)
Interest expense (2)	291,328		13,367		329,421		29,051
Equity in income of affiliates, net	(4,586)		(4,946)		(13,756)		(9,738)
Other income, net (3)	(14,522)		(6,309)		(18,353)		(8,834)
Total other (income) expense, net	157,181		(3,874)		540,700		(7,536)

(1)The (gain) loss on convertible debt transactions, net includes a $108.6 million gain and $255.0 million loss on derivative remeasurement related to the 3.75% Convertible Notes and the associated capped calls during the three and nine months ended September 30, 2026. See Note 14 for further information.

(2)Interest expense includes $270.2 million and $273.7 million related to the amortization of convertible debt discount associated with the 3.75% Convertible Notes during the three and nine months ended September 30, 2026, respectively. See Note 14 for further information.

(3)Other income, net includes a $13.5 million gain recognized upon the remeasurement of previously held equity method investment to its acquisition-date fair value during the three and nine months ended September 30, 2026. See Note 3 for further information.