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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The calculations of basic and diluted earnings per share were as follows:
Three Months Ended June 30,Six Months Ended June 30,
($ and shares in thousands, except per share amounts)(1)
2026202520262025
Numerator:
Net income attributable to common stockholders – basic
$156,592 $97,263 $323,323 $168,379 
Plus: Dilutive effect of convertible notes, net(2)
53 351 397 690 
Net income attributable to common stockholders – diluted(2)
$156,645 $97,614 $323,720 $169,069 
Denominator:
Weighted average common stock outstanding – basic1,284,303 1,107,006 1,280,338 1,102,525 
Convertible notes(3)
43,290 44,953 56,320 47,731 
Unvested RSUs15,423 24,899 18,997 27,571 
Common stock options7,088 5,941 7,762 6,330 
Unvested PSUs1,796 — 1,507 — 
ESPP90 78 45 39 
Underwritten public offering options(4)
— — 9 — 
Weighted average common stock outstanding – diluted1,351,990 1,182,877 1,364,978 1,184,197 
Earnings per share – basic$0.12 $0.09 $0.25 $0.15 
Earnings per share – diluted$0.12 $0.08 $0.24 $0.14 
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(1)Certain amounts may not recalculate exactly using the rounded amounts provided. Earnings per share is calculated based on unrounded numbers.
(2)Reflects interest expense incurred, net of tax, associated with convertible note activity during the period as evaluated under the if-converted method.
(3)Includes incremental dilutive shares from 2026 convertible notes and 2029 convertible notes.
(4)For the six months ended June 30, 2026, reflects weighted average options outstanding related to a 30-day option to purchase additional shares pursuant to our December 2025 underwritten public offering. The Company completed the issuance and sale of common stock pursuant to the option in January 2026. See Note 10. Equity for additional information.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table presents the securities that were not included in the computation of diluted EPS as the effect would have been anti-dilutive.
Three Months Ended June 30,Six Months Ended June 30,
(Shares in thousands)2026202520262025
Unvested RSUs(1)
16,485 4,157 11,843 3,612 
Unvested PSUs(1)
7,134 15,420 8,620 15,420 
ESPP241 284 855 651 
Contingent common stock(2)
— 46 — 46 
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(1)Amounts reflect weighted average instruments outstanding.
(2)Represents contingently returnable common stock in connection with the Technisys Merger, which consisted of shares that were held in escrow pending resolution of outstanding indemnification claims by SoFi. These shares were issued in 2022 and partially released in 2023, with all remaining shares released in January 2026.