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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income (loss)
Class A common stock
Class A common stock
Common stock
Class B common stock
Class B common stock
Common stock
Beginning balance (in shares) at Dec. 31, 2023           298,089   39,443
Beginning balance at Dec. 31, 2023 $ 763,047 $ 1,784,566 $ (1,023,840) $ 1,984   $ 297   $ 40
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options (in shares)           194   2,105
Issuance of common stock upon exercise of stock options 9,031 9,030           $ 1
Issuance of common stock related to early exercised stock options (in shares)               2
Vesting of shares issued upon early exercise of stock options 98 98            
Issuance of common stock related to settlement of restricted stock units (RSUs) and performance stock units (PSUs) (in shares)           3,189    
Issuance of common stock related to settlement of restricted stock units (RSUs) and performance stock units (PSUs) 0 (4)       $ 4    
Tax withholding on RSU settlement (in shares)           (148)    
Tax withholding on RSU settlement (12,591) (12,591)            
Conversion of Class B to Class A common stock (in shares)           3,889   (3,889)
Conversion of Class B to Class A common stock 0         $ 4   $ (4)
Common stock issued under employee stock purchase plan (in shares)           173    
Common stock issued under employee stock purchase plan 10,455 10,455            
Other 1,689 1,689            
Stock-based compensation 253,350 253,350            
Net loss (65,952)   (65,952)     $ (58,489)   $ (7,463)
Other comprehensive income (loss) 13,963     13,963        
Ending balance (in shares) at Sep. 30, 2024           305,386   37,661
Ending balance at Sep. 30, 2024 973,090 2,046,593 (1,089,792) 15,947   $ 305   $ 37
Beginning balance (in shares) at Jun. 30, 2024           303,321   38,216
Beginning balance at Jun. 30, 2024 881,545 1,956,984 (1,074,461) (1,319)   $ 302   $ 39
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options (in shares)           8   513
Issuance of common stock upon exercise of stock options 1,417 1,418           $ (1)
Vesting of shares issued upon early exercise of stock options 35 35            
Issuance of common stock related to settlement of restricted stock units (RSUs) and performance stock units (PSUs) (in shares)           1,035    
Issuance of common stock related to settlement of restricted stock units (RSUs) and performance stock units (PSUs) 0 (2)       $ 2    
Tax withholding on RSU settlement (in shares)           (46)    
Tax withholding on RSU settlement (3,828) (3,828)            
Conversion of Class B to Class A common stock (in shares)           1,068   (1,068)
Conversion of Class B to Class A common stock 0         $ 1   $ (1)
Stock-based compensation 91,986 91,986            
Net loss (15,331)   (15,331)     $ (13,632)   $ (1,699)
Other comprehensive income (loss) 17,266     17,266        
Ending balance (in shares) at Sep. 30, 2024           305,386   37,661
Ending balance at Sep. 30, 2024 973,090 2,046,593 (1,089,792) 15,947   $ 305   $ 37
Beginning balance (in shares) at Dec. 31, 2024         307,892 307,892 36,963 36,963
Beginning balance at Dec. 31, 2024 1,046,201 2,152,750 (1,102,640) (4,253)   $ 307   $ 37
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options (in shares)           385   1,462
Issuance of common stock upon exercise of stock options 29,455 29,454           $ 1
Issuance of common stock related to settlement of restricted stock units (RSUs) and performance stock units (PSUs) (in shares)           3,520    
Issuance of common stock related to settlement of restricted stock units (RSUs) and performance stock units (PSUs) 0 (4)       $ 4    
Tax withholding on RSU settlement (in shares)           (185)    
Tax withholding on RSU settlement (32,183) (32,183)            
Conversion of Class B to Class A common stock (in shares)           3,388   (3,388)
Conversion of Class B to Class A common stock 0         $ 3   $ (3)
Common stock issued under employee stock purchase plan (in shares)           165    
Common stock issued under employee stock purchase plan 13,057 13,057            
Reclassification of the 2025 capped calls from equity to derivative asset 308,299 308,299            
Purchase of capped calls related to the 2030 convertible senior notes (283,400) (283,400)            
Stock-based compensation 337,220 337,220            
Net loss (90,190)   (90,190)     $ (80,836)   $ (9,354)
Other comprehensive income (loss) 18,557     18,557        
Ending balance (in shares) at Sep. 30, 2025         315,165 315,165 35,037 35,037
Ending balance at Sep. 30, 2025 1,347,016 2,525,193 (1,192,830) 14,304   $ 314   $ 35
Beginning balance (in shares) at Jun. 30, 2025           312,677   35,738
Beginning balance at Jun. 30, 2025 1,239,727 2,414,291 (1,191,540) 16,628   $ 312   $ 36
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock upon exercise of stock options (in shares)           146   463
Issuance of common stock upon exercise of stock options 11,513 11,514       $ (1)    
Issuance of common stock related to settlement of restricted stock units (RSUs) and performance stock units (PSUs) (in shares)           1,250    
Issuance of common stock related to settlement of restricted stock units (RSUs) and performance stock units (PSUs) 0 (2)       $ 2    
Tax withholding on RSU settlement (in shares)           (72)    
Tax withholding on RSU settlement (13,966) (13,966)            
Conversion of Class B to Class A common stock (in shares)           1,164   (1,164)
Conversion of Class B to Class A common stock 0         $ 1   $ (1)
Stock-based compensation 113,356 113,356            
Net loss (1,290)   (1,290)     $ (1,159)   $ (131)
Other comprehensive income (loss) (2,324)     (2,324)        
Ending balance (in shares) at Sep. 30, 2025         315,165 315,165 35,037 35,037
Ending balance at Sep. 30, 2025 $ 1,347,016 $ 2,525,193 $ (1,192,830) $ 14,304   $ 314   $ 35