Net Income Per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Income Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders for the years ended December 31, 2025, 2024, and 2023 (in thousands, except per share data):

	Year Ended December 31,
	2025		2024		2023
Basic EPS:
Numerator:
Net income from continuing operations	$	3,433,195	$	1,589,524	$	457,826
Less: income attributable to participating securities	(478)		(2,731)		(2,270)
Net income from continuing operations attributable to common stockholders - Basic	3,432,717		1,586,793		455,556
Loss from discontinued operations, net of income taxes, attributable to common stockholders - Basic	(99,431)		(9,734)		(100,615)
Net income attributable to common shareholders - Basic	3,333,286		1,577,059		354,941
Denominator:
Weighted-average shares used in computing net income (loss) per share - Basic	338,781		336,922		351,952
Net income (loss) per share attributed to Class A and Class B common stockholders - Basic:
Continuing operations	$	10.13	$	4.71	$	1.29
Discontinued operations	(0.29)		(0.03)		(0.28)
Basic net income per share	$	9.84	$	4.68	$	1.01
Diluted EPS:
Numerator:
Net income from continuing operations attributable to common stockholders - Basic	$	3,432,717	$	1,586,793	$	455,556
Re-allocation of participating securities considered potentially dilutive securities	4		85		66
Net income from continuing operations attributable to common stockholders - Diluted	3,432,721		1,586,878		455,622
Loss from discontinued operations, net of income taxes, attributable to common stockholders - Diluted	(99,431)		(9,734)		(100,629)
Net income attributable to common stockholders - Diluted	$	3,333,290	$	1,577,144	$	354,993
Denominator:
Weighted-average shares used in computing net income (loss) per share - Basic	338,781		336,922		351,952
Weighted-average dilutive stock awards	3,189		10,886		10,637
Weighted-average shares used in computing net income (loss) per share - Diluted	341,970		347,808		362,589
Net income (loss) per share attributed to Class A and Class B common stockholders - Diluted:
Continuing operations	$	10.04	$	4.56	$	1.26
Discontinued operations	(0.29)		(0.03)		(0.28)
Diluted net income per share	$	9.75	$	4.53	$	0.98
Anti-dilutive potential common stock excluded	11		137		4,861