XML 19 R5.htm IDEA: XBRL DOCUMENT v3.25.4
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 $ 3,427,158 $ 2,684,275 $ 2,128,359
Cost of revenue 686,957 515,531 409,908
Gross profit 2,740,201 2,168,744 1,718,451
Operating expenses:      
Research and development 1,548,451 1,152,703 962,447
Sales and marketing 956,423 756,605 609,276
General and administrative 279,700 205,152 180,192
Total operating expenses 2,784,574 2,114,460 1,751,915
Operating (loss) income (44,373) 54,284 (33,464)
Other income:      
Interest expense (11,059) (7,068) (6,302)
Interest income and other income, net 182,453 156,724 100,001
Other income, net 171,394 149,656 93,699
Income before provision for income taxes 127,021 203,940 60,235
Provision for income taxes 19,280 20,194 11,667
Net income 107,741 183,746 48,568
Net income attributable to common stockholders, basic 107,741 183,746 48,568
Net income attributable to common stockholders, diluted $ 107,741 $ 183,746 $ 48,568
Basic net income per share (in dollars per share) $ 0.31 $ 0.55 $ 0.15
Diluted net income per share (in dollars per share) $ 0.31 $ 0.52 $ 0.14
Weighted average shares used in calculating basic net income per share (in shares) 347,309 336,172 324,033
Weighted average shares used in calculating diluted net income per share (in shares) 363,472 358,636 350,292