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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net income $ 2,231,495 $ 980,572
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization, depreciation and write-offs 162,042 320,843
Goodwill impairment 188,943 0
Stock-based compensation, excluding cash-settled awards 130,167 275,534
Gain on divestiture, net of transaction costs (106,229) 0
Other 80,887 17,229
Changes in operating assets and liabilities:    
Accounts receivable (326,747) (237,530)
Prepaid expenses and other assets 84,474 33,199
Accounts payable 2,069 55,575
Accrued and other liabilities 210,259 (47,414)
Net cash provided by operating activities 2,657,360 1,398,008
Investing Activities    
Proceeds from divestiture, net of cash divested 407,297 0
Purchase of non-marketable equity securities (20,178) (76,983)
Other investing activities (27,863) (29,404)
Net cash provided by (used in) investing activities 359,256 (106,387)
Financing Activities    
Repurchases of common stock (1,774,329) (980,672)
Payment of withholding taxes related to net share settlement (316,882) (644,442)
Principal repayments of debt (200,000) (686,754)
Payments of licensed asset obligation (13,532) 0
Proceeds from issuance of debt 200,000 1,072,330
Proceeds from issuance of common stock upon exercise of stock options and purchase of ESPP shares 21,014 28,800
Other financing activities (16,125) (15,949)
Net cash used in financing activities (2,099,854) (1,226,687)
Effect of foreign exchange rate on cash and cash equivalents 8,726 510
Net increase in cash and cash equivalents, including cash classified within current assets of discontinued operations 925,488 65,444
Less: net decrease in cash classified within current assets of discontinued operations (44,381) 0
Net increase in cash and cash equivalents 969,869 65,444
Cash and cash equivalents at beginning of the period 697,030 502,152
Cash and cash equivalents at end of the period 1,666,899 567,596
Supplemental non-cash investing and financing activities disclosures:    
Non-cash consideration received from divestiture 285,000 0
Right-of-use assets obtained in exchange for lease obligations, net of modifications (26,227) 24,527
Supplemental disclosure of cash flow information:    
Cash paid for interest 101,023 220,140
Cash paid for income taxes, net of refunds $ 167,291 $ 61,825