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INDEBTEDNESS (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Net Carrying Amount of Convertible Notes
The following tables summarize the Company's Notes as of December 31, 2025 and December 31, 2024 (in thousands):
December 31, 2025
Principal OutstandingUnamortized Debt Issuance CostsNet Carrying Value
2026 Senior Notes (i)
$1,000,000 $(1,173)$998,827 
2030 Senior Notes1,200,000 (14,467)1,185,533 
2031 Senior Notes1,000,000 (7,628)992,372 
2032 Senior Notes2,000,000 (22,266)1,977,734 
2033 Senior Notes1,000,000 (12,419)987,581 
2026 Convertible Notes (i)
575,000 (568)574,432 
2027 Convertible Notes575,000 (2,461)572,539 
Total$7,350,000 $(60,982)$7,289,018 
December 31, 2024
Principal OutstandingUnamortized Debt Issuance CostsNet Carrying Value
2026 Senior Notes$1,000,000 $(3,983)$996,017 
2031 Senior Notes1,000,000 (9,029)990,971 
2032 Senior Notes2,000,000 (24,974)1,975,026 
2025 Convertible Notes (i)
1,000,000 (503)999,497 
2026 Convertible Notes575,000 (2,277)572,723 
2027 Convertible Notes575,000 (3,798)571,202 
Total$6,150,000 $(44,564)$6,105,436 

(i) Net carrying value disclosed as current portion of long-term debt within total current liabilities on the consolidated balance sheet.
Schedule of Interest Expense on Convertible Notes
The Company recognized interest expense on the Notes as follows (in thousands):
Year Ended December 31,
202520242023
Contractual interest expense$241,003 $148,425 $65,566 
Amortization of debt issuance costs
11,927 11,964 10,538 
Total$252,930 $160,389 $76,104 
Schedule of Amounts Drawn on Facilities by Year of Maturity
The table below summarizes the future scheduled principal payments of amounts drawn on the Company's Warehouse Facilities (in thousands):
December 31,
2025
2026 (i)
$466,942 
2027597,941 
2028300,000 
Total$1,364,883 

(i) Future scheduled principal payments in 2026 are disclosed as warehouse funding facilities, current, within total current liabilities on the consolidated balance sheet.