v3.26.3
2. Cash, Cash Equivalents, and Marketable Securities (Notes)
 9 Months Ended
Sep. 30, 2026
Cash, Cash Equivalents, and Short-Term Investments [Abstract]  
Cash, Cash Equivalent, and Marketable Security
2. Cash, Cash Equivalents, and Marketable Securities

Cash, cash equivalents, and marketable securities consisted of the following at September 30, 2026 and December 31, 2025 (in thousands):
September 30,
2026		December 31,
2025
Cash and cash equivalents:
Cash$1,573,705 $2,606,319 
Money market funds2,298 197,195 
Total cash and cash equivalents1,576,003 2,803,514 
Marketable securities:
Time deposits48,072 42,562 
U.S. debt— 9,287 
Total marketable securities48,072 51,849 
Total cash, cash equivalents, and marketable securities$1,624,075 $2,855,363 
The following table provides a reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents reported within our condensed consolidated balance sheets as of September 30, 2026 and December 31, 2025 to the total of such amounts as presented in the condensed consolidated statements of cash flows (in thousands):
Balance Sheet Line ItemSeptember 30,
2026		December 31,
2025
Cash and cash equivalentsCash and cash equivalents$1,576,003 $2,803,514 
Restricted cash – current
Other current assets1,386 — 
Restricted cash – noncurrent
Other assets2,321 3,617 
Restricted cash equivalents – noncurrentOther assets13,230 6,900 
Total cash, cash equivalents, restricted cash, and restricted cash equivalents$1,592,940 $2,814,031 

During the nine months ended September 30, 2026, we sold marketable securities for proceeds of $4.3 million and realized a loss of $0.7 million on such sales. See Note 8. “Fair Value Measurements” to our condensed consolidated financial statements for information about the fair value of our marketable securities.

The following tables summarize the unrealized gains and losses related to our available-for-sale marketable securities, by major security type, as of September 30, 2026 and December 31, 2025 (in thousands):
As of September 30, 2026
Amortized
Cost		Unrealized
Gains		Unrealized
Losses		Fair
Value
Time deposits$48,072 $— $— $48,072 
Total$48,072 $— $— $48,072 
As of December 31, 2025
Amortized
Cost		Unrealized
Gains		Unrealized
Losses		Fair
Value
Time deposits$42,562 $— $— $42,562 
U.S. debt10,000 — 713 9,287 
Total$52,562 $— $713 $51,849 

As of September 30, 2026, the contractual maturities of our marketable securities were within one year.