Earnings Per Share - Summary of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Numerator:
Net income (loss)	$ 379,864	$ (246,221)	$ (209,792)
Adjustment for expenses from pre-spin periods	24,960
Numerator for basic earnings per share	404,824	$ (246,221)	$ (209,792)
Numerator for diluted earnings per share	$ 404,824
Denominator:
Weighted average common shares outstanding - basic	166,003,497
Basic earnings per share	$ 2.44
Weighted average common shares outstanding - diluted	166,026,608
Diluted earnings per share	$ 2.44