v3.26.3
Net Income (Loss) Per Share Attributable to Common Shareholders
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Attributable to Common Shareholders Net Income (Loss) Per Share Attributable to Common Shareholders
The following table sets forth the computation of the basic and diluted net income (loss) per share attributable to common shareholders:
Three Months Ended September 30,Nine Months Ended September 30,
(amounts in thousands, except share and per share data)2026202520262025
Net income (loss)$15,250 $24,325 $14,103 $(150,045)
Deemed dividend from Series D redeemable convertible preferred stock— — — (384,436)
Adjustments of redeemable convertible preferred stock to redemption value— — — (85,433)
Net income (loss) attributable to common shareholders$15,250 $24,325 $14,103 $(619,914)
Denominator:
Weighted-average shares - basic283,894,498 282,099,073 283,118,633 128,447,673 
Effect of dilutive securities:
Dilutive awards and units1,822,081 1,659,504 1,514,738 — 
Dilutive options9,377,324 13,453,261 9,568,942 — 
Dilutive ESPP46,966 — 39,221 — 
Weighted-average shares - diluted295,140,869 297,211,838 294,241,534 128,447,673 
Net income (loss) per share attributable to common shareholders:
Basic$0.05 $0.09 $0.05 $(4.83)
Diluted$0.05 $0.08 $0.05 $(4.83)
The following potential common stock equivalents were excluded from the calculation of diluted net income (loss) per share attributable to common shareholders because their effect would have been anti-dilutive for the periods presented:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Unvested RSUs and PSUs43,517 74,786 321,985 4,368,855 
Outstanding stock options 2,891,537 1,519,047 3,672,750 22,670,564 
Shares committed under ESPP206,999 — 207,935 — 
Unvested shares subject to repurchase3,288 23,446 3,288 23,446 
Total3,145,341 1,617,279 4,205,958 27,062,865