CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Net sales	$ 2,779,536	$ 2,082,526	$ 1,560,699
Cost of sales	1,121,411	841,146	605,246
Gross margin	1,658,125	1,241,380	955,453
Operating expenses:
Selling, general and administrative	1,035,893	741,247	494,884
Research and development	684,308	441,593	303,719
Total operating expenses	1,720,201	1,182,840	798,603
Income (loss) from operations	(62,076)	58,540	156,850
Interest income	75,431	43,693	49,107
Interest expense	(94,238)	(7,098)	(6,995)
Other income (loss), net	99,857	286,369	(41,901)
Income before provision for income taxes	18,974	381,504	157,061
Provision for (benefit from) income taxes	(105,682)	4,470	(18,722)
Net income	$ 124,656	$ 377,034	$ 175,783
Net income per common and common equivalent shares:
Basic (in dollars per share)	$ 1.60	$ 4.98	$ 2.37
Diluted (in dollars per share)	$ 1.51	$ 4.80	$ 2.33
Weighted average number of common and common equivalent shares outstanding:
Basic (in shares)	78,081	75,748	74,195
Diluted (in shares)	82,370	78,558	75,456
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 124,656	$ 377,034	$ 175,783
Foreign currency translation adjustments	6,265	(7,874)	(4,352)
Unrealized gain on available-for-sale investments	113	369	852
Comprehensive income	131,034	369,529	172,283
Net sales from products
Net sales	1,576,864	1,221,292	964,002
Cost of sales	809,303	618,136	447,708
Net sales from services
Net sales	1,202,672	861,234	596,697
Cost of sales	$ 312,108	$ 223,010	$ 157,538