CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash flows from operating activities:
Net income	$ 169,312	$ 87,980
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Stock-based compensation	134,701	140,239
Gain on strategic investments and marketable securities, net	(191,090)	(143,921)
Debt inducement expense	0	28,666
Depreciation and amortization	30,361	19,453
Provision for bad debts and inventory	1,968	3,800
Deferred income taxes	18,020	(48,768)
Other noncash items	11,695	9,515
Change in assets and liabilities:
Receivables and contract assets	48,915	(73,565)
Inventory	(64,713)	(16,986)
Deferred revenue	(40,295)	33,505
Accounts payable, accrued and other liabilities	(151,047)	8,611
Prepaid expenses and other assets	656	(22,735)
Net cash (used in) provided by operating activities	(31,517)	25,794
Cash flows from investing activities:
Purchases of investments	(291,952)	(1,079,169)
Business combinations, net of cash acquired	(549,681)	0
Proceeds from call, maturity, and sale of investments	249,345	401,811
Purchases of property and equipment	(23,125)	(24,862)
Other, net	(1,524)	3
Net cash used in investing activities	(616,937)	(702,217)
Cash flows from financing activities:
Proceeds from issuance of notes	0	1,750,000
Principal payments for conversion and redemption of convertible debt	(81,110)	(407,453)
Payments to third parties for debt issuance, amendment, conversion and redemption activity	(964)	(24,210)
Income and payroll tax payments for net-settled stock awards	(10,210)	(5,035)
Other, net	(4)	(76)
Net cash (used in) provided by financing activities	(92,288)	1,313,226
Effect of exchange rate changes on cash and cash equivalents	(1,495)	1,192
Net change in cash and cash equivalents	(742,237)	637,995
Cash and cash equivalents and restricted cash, beginning of period	1,213,393	466,763
Cash and cash equivalents and restricted cash, end of period	471,156	1,104,758
Supplemental disclosures:
Cash and cash equivalents	458,921	1,092,938
Restricted cash	12,235	11,820
Total cash, cash equivalents and restricted cash shown in the statements of cash flows	471,156	1,104,758
Cash paid for interest	54,124	498
Non-cash transactions:
Property and equipment purchases in accounts payable and accrued liabilities	5,973	151
Expense for induced conversion of convertible debt, debt offering and revolver modification	$ 0	$ 34,248