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Stockholders' Equity (Tables) | 3 Months Ended
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Mar. 31, 2026
Stockholders' Equity Note [Abstract] |
Schedule of Activity Related to Stock Options | The following table summarizes the activities related to the Company’s stock options:
| Options Outstanding |  |  |  |
| Number of Shares |  | Weighted- Average Exercise Price (per share) |  |  |  |
Balances as of December 31, 2025 | 127,679,804 |  |  | $ | 36.07 |  |  |  |  |
Granted | 1,893,388 |  |  | 89.73 |  |  |  |
Exercised | (3,784,575) |  |  | 13.66 |  |  |  |  |
Expired | (23,270) |  |  | 9.82 |  |  |  |  |
Balances as of March 31, 2026 | 125,765,347 |  |  | $ | 37.56 |  |  |  |  |
Vested and exercisable as of March 31, 2026 | 125,765,347 |  |  | $ | 37.56 |  |  |  |  |
Schedule of Unvested RSUs and PSUs | The following table summarizes the activities related to the Company’s unvested RSUs and PSUs:
| Unvested Restricted Stock Units
| Number of Shares |  | Weighted- Average Grant-Date Fair Value (per share)
Balances as of December 31, 2025 | 1,585,260 |  |  | $ | 98.68 |
Granted(1) | 1,245,383 |  |  | 82.91
Vested(1) | (673,360) |  |  | 79.43 |
Forfeited | — |  |  | — |
Balances as of March 31, 2026 | 2,157,283 |  |  | $ | 95.59 |
(1) Amounts include 264,300 PSU awards that were granted and 528,600 PSU awards that vested based on the achievement of market-based performance targets during the performance period ended December 31, 2025, but were settled in the first quarter of 2026.
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) | The following tables summarize the changes in accumulated balances of other comprehensive income (loss) for the three months ended March 31, 2026 and 2025:
| Foreign Currency Translation Adjustments |  | Net Investment Hedge Gains (Losses) |  | Change in Unrealized Gains (Losses) on Cash Flow Hedges |  | Change in Unrealized Gains (Losses) on Excluded Component of Fair Value Hedges |  | Change in Unrealized Gains (Losses) on AFS Securities |  | Tax (Expense) Benefit |  | Total
| (in thousands)
Balances as of December 31, 2025 | $ | (193,615) |  |  | $ | (112,256) |  |  | $ | (389,289) |  |  | $ | (3,565) |  |  | $ | — |  |  | $ | 118,343 |  |  | $ | (580,382) |
Other comprehensive income (loss) before reclassifications | (80,940) |  |  | 36,503 |  |  | 385,230 |  |  | (12,094) |  |  | — |  |  | (94,723) |  |  | 233,976 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | 131,613 |  |  | 13,263 |  |  | — |  |  | (33,501) |  |  | 111,375 |
Net change in accumulated other comprehensive income (loss) | (80,940) |  |  | 36,503 |  |  | 516,843 |  |  | 1,169 |  |  | — |  |  | (128,224) |  |  | 345,351 |
Balances as of March 31, 2026 | $ | (274,555) |  |  | $ | (75,753) |  |  | $ | 127,554 |  |  | $ | (2,396) |  |  | $ | — |  |  | $ | (9,881) |  |  | $ | (235,031) |
| Foreign Currency Translation Adjustments |  | Net Investment Hedge Gains (Losses) |  | Change in Unrealized Gains (Losses) on Cash Flow Hedges |  | Change in Unrealized Gains (Losses) on Excluded Component of Fair Value Hedges |  | Change in Unrealized Gains (Losses) on AFS Securities |  | Tax (Expense) Benefit |  | Total
| (in thousands)
Balances as of December 31, 2024 | $ | (376,833) |  |  | $ | 32,400 |  |  | $ | 914,369 |  |  | $ | 9,233 |  |  | $ | 3,260 |  |  | $ | (220,267) |  |  | $ | 362,162 |
Other comprehensive income (loss) before reclassifications | 91,276 |  |  | (44,600) |  |  | (486,967) |  |  | (18,031) |  |  | (2,232) |  |  | 126,687 |  |  | (333,867) |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | (162,457) |  |  | 14,569 |  |  | (121) |  |  | 33,979 |  |  | (114,030) |
Net change in accumulated other comprehensive income (loss) | 91,276 |  |  | (44,600) |  |  | (649,424) |  |  | (3,462) |  |  | (2,353) |  |  | 160,666 |  |  | (447,897) |
Balances as of March 31, 2025 | $ | (285,557) |  |  | $ | (12,200) |  |  | $ | 264,945 |  |  | $ | 5,771 |  |  | $ | 907 |  |  | $ | (59,601) |  |  | $ | (85,735) |
The following tables summarize the amounts reclassified from AOCI to the Consolidated Statements of Operations for the three months ended March 31, 2026 and 2025:
| Three Months Ended |  |
| March 31, 2026 |  |  |  |
| Revenues |  | Cost of Revenues |  | Interest and Other Income (Expense) |  | Provision for Income Taxes |  | Total Reclassifications |  |  |  |
| (in thousands)
Gains (losses) on available-for-sale securities |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of gains (losses) reclassified from AOCI | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  |
Gains (losses) on derivatives in cash flow hedging relationship |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of gains (losses) reclassified from AOCI | (132,517) |  |  | 904 |  |  | — |  |  | 30,434 |  |  | (101,179) |  |  |  |  |
Gains (losses) on derivatives in fair value hedging relationship |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  |  |  |  |  |  |  |  |  |  |  |
Amount excluded from assessment of effectiveness and recognized in earnings based on amortization approach | — |  |  | — |  |  | (13,263) |  |  | 3,067 |  |  | (10,196) |  |  |  |  |
Total | $ | (132,517) |  |  | $ | 904 |  |  | $ | (13,263) |  |  | $ | 33,501 |  |  | $ | (111,375) |  |  |  |  |
| Three Months Ended |  |
| March 31, 2025 |  |  |  |
| Revenues |  | Cost of Revenues |  | Interest and Other Income (Expense) |  | Provision for Income Taxes |  | Total Reclassifications |  |  |  |
| (in thousands)
Gains (losses) on available-for-sale securities |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of gains (losses) reclassified from AOCI | $ | — |  |  | $ | — |  |  | $ | 121 |  |  | $ | (28) |  |  | $ | 93 |  |  |  |  |
Gains (losses) on derivatives in cash flow hedging relationship |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of gains (losses) reclassified from AOCI | 164,796 |  |  | (2,339) |  |  | — |  |  | (37,296) |  |  | 125,161 |  |  |  |  |
Gains (losses) on derivatives in fair value hedging relationship |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  |  |  |  |  |  |  |  |  |  |  |
Amount excluded from assessment of effectiveness and recognized in earnings based on amortization approach | — |  |  | — |  |  | (14,569) |  |  | 3,345 |  |  | (11,224) |  |  |  |  |
Total | $ | 164,796 |  |  | $ | (2,339) |  |  | $ | (14,448) |  |  | $ | (33,979) |  |  | $ | 114,030 |  |  |  |  |

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