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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net revenue:      
Total net revenue $ 4,737,251 $ 4,112,898 $ 3,484,619
Cost of revenue:      
Total cost of revenue 2,662,827 2,307,253 1,962,004
Gross profit (loss):      
Total gross profit 2,074,424 1,805,645 1,522,615
Operating expenses:      
Research and development 729,477 720,145 878,474
Sales and marketing 964,355 932,712 1,033,359
General and administrative 386,216 370,955 403,159
Total operating expenses 2,080,048 2,023,812 2,314,992
Loss from operations (5,624) (218,167) (792,377)
Other income, net:      
Interest expense (1,906) (411) (730)
Other income, net 101,428 98,620 93,677
Total other income, net 99,522 98,209 92,947
Income (loss) before income taxes 93,898 (119,958) (699,430)
Income tax expense 5,537 9,428 10,131
Net income (loss) $ 88,361 $ (129,386) $ (709,561)
Net income (loss) per share—basic (in dollars per share) $ 0.60 $ (0.89) $ (5.01)
Net income (loss) per share—diluted (in dollars per share) $ 0.59 $ (0.89) $ (5.01)
Weighted-average common shares outstanding —basic (in shares) 147,154 144,630 141,572
Weighted-average common shares outstanding - diluted (in shares) 150,912 144,630 141,572
Platform | Services      
Net revenue:      
Total net revenue $ 4,144,886 $ 3,522,776 $ 2,994,105
Cost of revenue:      
Total cost of revenue 1,988,442 1,636,816 1,427,546
Gross profit (loss):      
Total gross profit 2,156,444 1,885,960 1,566,559
Devices | Produced content      
Net revenue:      
Total net revenue 592,365 590,122 490,514
Cost of revenue:      
Total cost of revenue 674,385 670,437 534,458
Gross profit (loss):      
Total gross profit $ (82,020) $ (80,315) $ (43,944)