Net Income (Loss) per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share

The computation of the Company’s basic and diluted net income (loss) per share is as follows (in thousands, except per share amounts):

	Years Ended December 31,
	2025		2024		2023
Numerator:
Net income (loss) attributable to common stockholders	$	449,947	$	(2,846,167)	$	(1,604,497)
Debt discount amortization	2,303		—		—
Net income (loss) available to common stockholders	$	452,250	$	(2,846,167)	$	(1,604,497)
Denominator:
Weighted average shares used to compute net income (loss) per share attributable to common stockholders, basic	229,809		222,215		216,642
Weighted average effect of potentially dilutive shares to purchase common stock	34,656		—		—
Weighted average shares used to compute net income (loss) per share attributable to common stockholders, diluted	264,465		222,215		216,642
Net income (loss) per share attributable to common stockholders
Basic	$	1.96	$	(12.81)	$	(7.41)
Diluted	$	1.71	$	(12.81)	$	(7.41)

Schedule of Shares Excluded from Computation of Diluted Net Income (Loss) Per Share

The following shares were excluded from the computation of diluted net income (loss) per share as the impact of including those shares would be anti-dilutive (in thousands):

	Year Ended December 31,
	2025	2024	2023
Outstanding stock options	1,927	1,805	1,674
Unvested restricted stock units	6,734	7,534	7,398
Convertible Senior Notes (if converted)	—	11,232	2,544
Total	8,661	20,571	11,616