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Net Income (Loss) per Share (Tables)
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income (Loss) per Share Attributable to Common Stock
The following table presents the calculation of basic and diluted net income (loss) per share attributable to common stock:
Year ended December 31,
202520242023
Class AClass BClass AClass BClass AClass B
(in thousands, except share and per share data)
Basic net income (loss) per share attributable to common stockholders:
Numerator:
Net income (loss) attributable to common stockholders$376,971 $152,750 $(231,631)$(252,645)$(11,033)$(79,791)
Denominator:
Basic weighted-average common shares outstanding132,637,76753,745,50469,580,04875,892,3417,183,72351,954,363
Basic income (loss) per share attributable to common stockholders$2.84 $2.84 $(3.33)$(3.33)$(1.54)$(1.54)
Diluted net income (loss) per share attributable to common stockholders:
Numerator:
Net income (loss) attributable to common stockholders
$388,855 $140,866 $(231,631)$(252,645)$(11,033)$(79,791)
Denominator:
Basic weighted-average common shares outstanding
132,637,76753,745,50469,580,04875,892,3417,183,72351,954,363
Weighted-average effect of dilutive potential common stock15,724,707—————
Shares used in computation of diluted net income (loss) per share attributable to common stockholders148,362,47453,745,50469,580,04875,892,3417,183,72351,954,363
Diluted net income (loss) per share attributable to common stockholders$2.62 $2.62 $(3.33)$(3.33)$(1.54)$(1.54)
Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Income (Loss) per Share Attributable to Common Stock
The following outstanding potentially dilutive shares, including stock options that have been exercised prior to vesting, were excluded from the computation of diluted net income (loss) per share attributable to common stock for the periods presented because the impact of including them would have been anti-dilutive.
Year ended December 31,
202520242023
Class AClass BClass AClass BClass AClass B
Stock options— — 11,501,771 3,185,767 22,600,876 7,213,522 
Unvested RSUs and RSAs274,742 — 10,746,145 598,102 24,166,383 2,720,150 
Preferred shares— — — — 5,104,017 67,917,432 
274,742 — 22,247,916 3,783,869 51,871,276 77,851,104