v3.26.3
Stockholders’ Equity and Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Units Activity A summary of the RSU activity is presented below (in millions, except years and per share amounts):
Number of
Shares
Weighted-
Average Grant
Date Fair Value Per Share
Unvested balance—December 31, 202528.1 $69.81 
              RSUs granted3.5 169.74 
              RSUs vested(6.1)54.89 
              RSUs forfeited/canceled(1.2)71.48 
Unvested balance—September 30, 202624.3 $88.63 
Schedule of Stock-based Compensation Expense The following table summarizes the stock-based compensation expense related to our equity awards (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Cost of revenue $8.4 $8.0 $22.8 $19.3 
Research and development 78.4 74.6 220.7 184.8 
Sales and marketing
37.4 32.9 99.4 71.6 
General and administrative 13.9 12.4 36.5 30.4 
              Total stock-based compensation $138.1 $127.9 $379.4 $306.1