v3.26.3
Stock-based compensation (Tables)
9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of PSU activity

The table below summarizes PSU activity for the nine months ended September 30, 2026:

 

 

Unvested Performance Stock Units

 

 

Weighted - Average Grant Date
Fair Value

 

Outstanding at December 31, 2025

 

 

2,569,600

 

 

$

53.32

 

Granted

 

 

281,600

 

 

$

50.73

 

Vested and settled

 

 

(831,648

)

 

$

55.76

 

Forfeited

 

 

(90,000

)

 

$

53.32

 

Outstanding at September 30, 2026

 

 

1,929,552

 

 

$

51.89

 

Schedule of Stock-based Compensation Expense Recorded in Consolidated Statements of Operations

Stock-based compensation is classified as follows in the accompanying condensed consolidated statements of operations for the three and nine months ended September 30, 2026 and 2025 (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Cost of revenues, diagnostics

 

$

3,037

 

 

$

1,631

 

 

$

8,795

 

 

$

4,086

 

Cost of revenues, data and applications

 

 

1,214

 

 

 

894

 

 

 

3,735

 

 

 

2,198

 

Technology research and development

 

 

7,954

 

 

 

5,463

 

 

 

26,101

 

 

 

12,067

 

Research and development

 

 

5,432

 

 

 

3,301

 

 

 

15,284

 

 

 

7,618

 

Selling, general and administrative

 

 

30,437

 

 

 

22,690

 

 

 

100,986

 

 

 

53,439

 

Total stock-based compensation

 

$

48,074

 

 

$

33,979

 

 

$

154,901

 

 

$

79,408