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Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Schedule of Stock Option Activity and Weighted Average Exercise Prices

The following table summarizes the Company’s stock option activity and weighted-average exercise prices:

			Number Of Options Outstanding						Weighted- Average Exercise Price						Weighted- Average Remaining Contractual Life (in Years)						Aggregate Intrinsic Value (in thousands)
Balance outstanding—December 31, 2024			6,953,119						$	4.55					3.0						$	961,910
Options granted			—						—
Options exercised			(2,711,540)						1.23
Options forfeited or expired			—						—
Balance outstanding—June 30, 2025			4,241,579						$	6.67					3.4						$	541,486
Ending Exercisable—June 30, 2025			4,241,579						$	6.67					3.4						$	541,486

Schedule of Activity for Unvested RSUs

The following table summarizes the activity for the Company’s unvested RSUs and PSUs:

			Shares						Weighted- Average Grant Date Fair Value
Balance—December 31, 2024			13,806,700						$	116.09
Awarded			5,374,242						110.32
Vested			(2,726,059)						109.85
Forfeited/canceled			(661,507)						113.26
Balance—June 30, 2025			15,793,376						$	115.31

Schedule of Activity for Unvested PSUs

The following table summarizes the activity for the Company’s unvested RSUs and PSUs:

			Shares						Weighted- Average Grant Date Fair Value
Balance—December 31, 2024			13,806,700						$	116.09
Awarded			5,374,242						110.32
Vested			(2,726,059)						109.85
Forfeited/canceled			(661,507)						113.26
Balance—June 30, 2025			15,793,376						$	115.31

Schedule of Stock-based Compensation Expense

Stock-based compensation expense was included in the condensed consolidated statement of operations as follows (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Cost of revenue			$	6,783					$	6,393					$	13,434					$	11,920
Research and development			112,445						87,105						218,180						175,518
Sales and marketing			37,442						29,201						71,567						57,732
General and administrative			23,792						11,953						41,546						24,515
Stock-based compensation, net of amounts capitalized			180,462						134,652						344,727						269,685
Capitalized stock-based compensation expense			5,957						4,260						11,619						6,906
Total stock-based compensation expense			$	186,419					$	138,912					$	356,346					$	276,591

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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-Name Accounting Standards Codification
-Topic 718
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-Section 50
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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of number and weighted-average grant date fair value for nonvested performance shares.

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