The following table summarizes our cash equivalents and marketable securities measured at fair value and by level on a recurring basis as of September 30, 2026:


(In thousands)	Level 1		Level 2		Level 3		Total
Cash equivalents	$	34,321	$	18,453	$	—	$	52,774
Total cash equivalents	34,321		18,453		—		52,774

Marketable securities:

U.S. Treasuries	—		249,077		—		249,077
Government securities	—		124,390		—		124,390
Corporate debt securities	—		405,002		—		405,002
Total marketable securities	—		778,469		—		778,469
Total cash equivalents and marketable securities	$	34,321	$	796,922	$	—	$	831,243