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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
Income Statement [Abstract]      
Revenue $ 5,480,717 $ 3,224,058 $ 1,841,762
Costs and expenses:      
Cost of revenue 665,140 520,613 356,613
Sales and marketing 203,651 252,863 228,025
Research and development 226,510 374,710 333,781
General and administrative 233,502 164,916 150,932
Total costs and expenses 1,328,803 1,313,102 1,069,351
Income from operations 4,151,914 1,910,956 772,411
Other income (expense):      
Interest expense and loss on settlement of debt (207,016) (317,209) (273,508)
Other income, net 8,012 18,196 2,699
Total other expense, net (199,004) (299,013) (270,809)
Income before income taxes 3,952,910 1,611,943 501,602
Provision for income taxes 519,715 22,419 43,776
Net income from continuing operations 3,433,195 1,589,524 457,826
Loss from discontinued operations, net of income taxes (99,444) (9,748) (101,115)
Net income $ 3,333,751 $ 1,579,776 $ 356,711
Net income (loss) per share attributed to Class A and Class B common stockholders - Basic:      
Continuing operations (in dollars per share) $ 10.13 $ 4.71 $ 1.29
Discontinued operations (in dollars per share) (0.29) (0.03) (0.28)
Basic net income per share (in dollars per share) 9.84 4.68 1.01
Net income (loss) per share attributed to Class A and Class B common stockholders - Diluted:      
Continuing operations (in dollars per share) 10.04 4.56 1.26
Discontinued operations (in dollars per share) (0.29) (0.03) (0.28)
Diluted net income per share (in dollars per share) $ 9.75 $ 4.53 $ 0.98
Denominator:      
Basic (in shares) 338,781 336,922 351,952
Diluted (in shares) 341,970 347,808 362,589