CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash flows from operating activities:
Net income (loss)	$ 85,700	$ (27,431)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	17,928	15,192
Stock-based compensation expense	78,682	95,494
Amortization of right-of-use assets	12,343	11,575
Amortization and write-off of content assets	45,747	48,044
Foreign currency remeasurement (gains) losses	(385)	243
Change in fair value of strategic investment in convertible promissory notes	0	6,284
Impairment of assets	4,920	2,870
Provision for credit losses	71	1,285
Other items, net	(1,913)	(425)
Changes in operating assets and liabilities:
Accounts receivable	126,890	161,122
Inventories	13,353	22,974
Prepaid expenses and other current assets	(44,074)	(12,381)
Content assets and liabilities, net	(47,856)	(43,113)
Other non-current assets	4,620	2,790
Accounts payable	(35,029)	(79,459)
Accrued liabilities	(41,340)	(57,984)
Operating lease liabilities	(21,728)	(18,783)
Other long-term liabilities	(24)	242
Deferred revenue	1,235	10,193
Net cash provided by operating activities	199,140	138,732
Cash flows from investing activities:
Purchases of property and equipment	(3,134)	(1,931)
Sale (purchase) of strategic investment	18,399
Sale (purchase) of strategic investment		(7,000)
Purchases of short-term investments	(350,000)	0
Sales and maturities of short-term investments	350,000	0
Net cash provided by (used in) investing activities	15,265	(8,931)
Cash flows from financing activities:
Proceeds from equity issued under incentive plans	1,789	2,436
Taxes paid related to net share settlement of equity awards	(51,520)	(38,508)
Repurchases of common stock	(100,000)	0
Net cash used in financing activities	(149,731)	(36,072)
Net increase in cash, cash equivalents and restricted cash	64,674	93,729
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(1,865)	2,188
Cash, cash equivalents and restricted cash — beginning of period	1,587,068	2,160,639
Cash, cash equivalents and restricted cash — end of period	1,649,877	2,256,556
Cash, cash equivalents and restricted cash at end of period:
Cash and cash equivalents	1,649,877	2,256,153
Restricted cash, current	0	403
Cash, cash equivalents and restricted cash — end of period	1,649,877	2,256,556
Supplemental disclosures of cash flow information:
Cash paid for interest	518	28
Cash paid for (refunded from) income taxes, net	(1,037)	2,162
Supplemental disclosures of non-cash investing and financing activities:
Unpaid portion of property and equipment purchases	$ 381	$ 36