v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 560,544 $ 1,099,302
Short-term investments 530,690 157,243
Accounts receivable, net 461,633 255,626
Inventories 764,879 564,649
Other current assets 54,024 106,982
Total current assets 2,371,770 2,183,802
Property and equipment, net 821,573 627,689
Acquisition-related intangible assets, net 7,929 8,790
Goodwill 25,944 25,944
Deferred tax assets, net 1,183,003 1,182,883
Other long-term assets 262,362 165,091
Total assets 4,672,581 4,194,199
Current liabilities:    
Accounts payable 236,469 138,272
Accrued compensation and related benefits 136,528 85,963
Other accrued liabilities 267,657 145,130
Total current liabilities 640,654 369,365
Income tax liabilities 75,022 75,022
Deferred tax liabilities 90,316 90,480
Other long-term liabilities 132,849 127,835
Total liabilities 938,841 662,702
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 48,792 and 48,709, respectively 690,429 936,998
Retained earnings 3,034,058 2,609,651
Accumulated other comprehensive income (loss) 9,253 (15,152)
Total stockholders’ equity 3,733,740 3,531,497
Total liabilities and stockholders’ equity $ 4,672,581 $ 4,194,199