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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net income (loss) $ 529,721 $ (484,276) $ (90,824)
Other comprehensive income (loss), net of tax:      
Change in unrealized gains (losses) on marketable securities 954 258 4,606
Change in foreign currency translation adjustment 3,386 (1,048) 0
Net comprehensive income (loss) $ 534,061 $ (485,066) $ (86,218)