Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Cash, Cash Equivalents, Marketable Securities and Short-Term Deposits

Cash equivalents, marketable securities and short-term deposits consist of the following (in thousands):


	As of December 31, 2025
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Cash equivalents
Money market funds	$	120,155	$	—	$	—	$	120,155
Total	$	120,155	$	—	$	—	$	120,155

Marketable securities
US Treasury securities	$	679,959	$	1,267	$	(1)	$	681,225



Total	$	679,959	$	1,267	$	(1)	$	681,225

Short-term deposits
Term bank deposits	$	37,259	$	—	$	—	$	37,259
Total	$	37,259	$	—	$	—	$	37,259

Long-term marketable securities
US Treasury securities	$	186,971	$	231	$	—	$	187,202

Total	$	186,971	$	231	$	—	$	187,202


	As of December 31, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Cash equivalents
Money market funds	$	133,113	$	—	$	—	$	133,113
Total	$	133,113	$	—	$	—	$	133,113

Marketable securities
US Treasury securities	$	342,751	$	632	$	—	$	343,383



Total	$	342,751	$	632	$	—	$	343,383

Short-term deposits
Term bank deposits	$	39,450	$	—	$	—	$	39,450
Total	$	39,450	$	—	$	—	$	39,450

Long-term marketable securities
US Treasury securities	$	661,955	$	104	$	(3,163)	$	658,896
Total	$	661,955	$	104	$	(3,163)	$	658,896

Schedule of Property, Plant and Equipment Estimated Useful Life

Depreciation is calculated using the straight-line method over the estimated useful lives of the assets at the following annual rates:


Computer equipment		33%
Office furniture and equipment	14%	—	15%
Leasehold improvements		Over the shorter of the expected lease term or estimated useful life

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

Derivative instruments measured at fair value and their classification in the consolidated balance sheets are presented in the following table (in thousands):


	Assets (liabilities) as of				Assets (liabilities) as of
	December 31, 2025				December 31, 2024
	Notional Amount		Fair Value		Notional Amount		Fair Value
Foreign exchange forward contract derivatives in cash flow hedging relationships for operating expenses included in prepaid expenses and other short-term assets	$	187,767	$	21,605	$	131,363	$	773
Foreign exchange forward contract derivatives in cash flow hedging relationships for operating expenses included in accrued expenses and other short-term liabilities	$	—	$	—	$	56,256	$	(2,902)
Foreign exchange forward contract derivatives in cash flow hedging relationships for operating expenses included in long-term other assets	$	123,959	$	6,465	$	96,950	$	3,083

Foreign exchange forward contract derivatives in cash flow hedging relationships for revenues included in prepaid expenses and other short-term assets	$	—	$	—	$	142,051	$	7,326
Foreign exchange forward contract derivatives in cash flow hedging relationships for revenues included in accrued expenses and other short-term liabilities	$	128,132	$	(2,515)	$	—	$	—
Foreign exchange forward contract derivatives in cash flow hedging relationships for revenues included in long-term other liabilities	$	185,688	$	(1,691)	$	—	$	—

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)

Net gains (losses) related to cash flow hedges that were reclassified from accumulated other comprehensive income to the consolidated statements of operations are presented in the following table (in thousands):


	Year ended
	December 31,
	2025		2024		2023
Revenues	$	846	$	580	$	—
Cost of revenues	213		(159)		—
Research and development	2,363		(8,425)		(10,908)
Sales and marketing	281		(274)		—
General and administrative	699		(2,399)		(3,348)
Financial income, net	(298)		(164)		—
Total net gain (loss) related to cash flow hedges	$	4,104	$	(10,841)	$	(14,256)