v3.26.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Operating Activities          
Net (loss) income $ (25,548) $ 848,478 $ (53,695) $ 627,495  
Adjustments to reconcile net income to cash used in operating activities:          
Depreciation and amortization     80,503 77,983  
Stock-based compensation expense     49,906 34,772  
Amortization of upfront incentive consideration     36,296 28,299  
Amortization of debt discount and issuance costs     30,438 21,206  
Loss on extinguishment of debt 0 0 2,958 85,182  
Provision for expected credit losses     6,567 3,302  
Deferred income taxes     3,424 6,736  
Other     2,466 (5,302)  
Dividends received from equity method investments     1,030 1,103  
Loss (income) from discontinued operations (483) (800,313) 685 (783,725)  
Payment of previously paid-in-kind interest     0 (199,938)  
Paid-in-kind interest     0 28,327  
Gain on sale of assets     0 (5,191)  
Changes in operating assets and liabilities:          
Accounts and other receivables     (100,122) (139,093)  
Prepaid expenses and other current assets     (23,535) 19,674  
Capitalized implementation costs     (3,934) (7,059)  
Upfront incentive consideration     (20,487) (15,681)  
Other assets     (27,943) (3,045)  
Accrued compensation and related benefits     (48,404) (61,497)  
Accounts payable and other accrued liabilities     (43,834) 58,193  
Deferred revenue including upfront solution fees     (14,980) (19,896)  
Cash used in operating activities     (122,661) (248,155)  
Investing Activities          
Additions to property and equipment     (70,493) (59,419)  
Proceeds from sale of assets     0 9,267  
Other investing activities     520 (200)  
Cash used in investing activities     (69,973) (50,352)  
Financing Activities          
Payments on borrowings from lenders     (1,429,110) (2,048,415)  
Proceeds on borrowings from lenders     1,415,801 1,325,000  
Proceeds from borrowings under Securitization Facility     157,650 108,950  
Payments on borrowings under Securitization Facility     (146,650) (112,750)  
Debt prepayment fees and issuance costs     (13,715) (71,519)  
Net (Payments) Receipts on Behalf under TSA     (12,007) 4,628  
Net payment on the settlement of equity-based awards     (5,491) (10,302)  
Other financing activities     2,000 0  
Cash used in financing activities     (31,522) (804,408)  
Cash Flows from Discontinued Operations          
Cash provided by (used in) operating activities     218 (19,139)  
Cash provided by investing activities     4,331 1,054,898  
Cash provided by discontinued operations     4,549 1,035,759  
Effect of exchange rate changes on cash, cash equivalents and restricted cash     (2,881) 4,385  
Decrease in cash, cash equivalents and restricted cash     (222,488) (62,771)  
Cash, cash equivalents and restricted cash at beginning of period     910,113 745,518 $ 745,518
Cash, cash equivalents and restricted cash at end of period $ 687,625 $ 682,747 687,625 682,747 $ 910,113
Non-cash additions to property and equipment for continuing operations     $ 0 $ 254