v3.26.3
Operating Leases (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Components of Lease Expense
The components of operating lease expense were as follows:
Three Months EndedNine Months Ended
September 30,September 30,
2026202520262025
Operating lease expense$44,940 $29,942 $118,956 $86,273 
Variable lease expense7,433 2,810 15,781 7,571 
Short-term lease expense— 87 20 272 
Total operating lease expense
$52,373 $32,839 $134,757 $94,116 
The components of finance lease and equipment financing obligations expense were as follows:
Three Months EndedNine Months Ended
September 30,September 30,
2026202520262025
Finance leases:
Amortization of finance lease right-of-use assets$28,643 $1,280 $40,582 $3,892 
Interest expense on finance lease liabilities12,176 41 16,973 165 
Equipment financing obligations:
Depreciation of assets under equipment financing obligations7,755 1,323 20,119 1,323 
Interest expense on equipment financing obligations3,024 164 7,347 164 
Total finance lease and equipment financing obligations expense$51,598 $2,808 $85,021 $5,544 
Supplemental Balance Sheet Information
Weighted-average remaining lease term and discount rate were as follows:
September 30, 2026December 31, 2025
Weighted-average remaining lease term (in years)6.93.4
Weighted-average discount rate6%6%
Weighted-average remaining term and discount rate of finance lease liabilities and equipment financing obligations were as follows:
September 30, 2026December 31, 2025
Finance Leases
Weighted-average remaining term (in years)
5.70.9
Weighted-average discount rate7%7%
Equipment Financing Obligations
Weighted-average remaining term (in years)3.93.9
Weighted-average discount rate7%7%
Operating Lease Maturity
Maturities of operating lease liabilities as of September 30, 2026 were as follows:
2026$53,189 
2027163,201 
2028106,520 
202990,512 
203081,690 
203180,985 
Thereafter252,128 
Total undiscounted operating lease liabilities
828,225 
Less: Imputed interest(161,614)
Total present value of operating lease liabilities
666,611 
Less: Current portion of operating lease liabilities
(147,078)
Operating lease liabilities, long-term
$519,533