Net Income (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Summary of Calculation of Basic and Diluted Net Loss Per Share

The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data):

	Years Ended December 31,
	2025		2024		2023
Numerator:
Net income (loss)	$	88,361	$	(129,386)	$	(709,561)
Denominator:
Weighted-average common shares outstanding — basic	147,154		144,630		141,572
Dilutive effect of common stock equivalents	3,758		0		0
Weighted-average common shares outstanding — diluted	150,912		144,630		141,572
Net income (loss) per share — basic	$	0.60	$	(0.89)	$	(5.01)
Net income (loss) per share — diluted	$	0.59	$	(0.89)	$	(5.01)