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Property and Equipment, net
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
Note 9. Property and Equipment, net
Property and equipment, net consists of the following (in thousands):
September 30,
2025
December 31,
2024
Office equipment$24,388 $23,710 
Laboratory equipment252,268 229,797 
Computer equipment148,723 156,859 
Land16,101 15,395 
Building and leasehold improvements627,938 597,342 
Operating lease right-of-use assets20,113 22,230 
Construction in progress69,706 46,062 
1,159,237 1,091,395 
Less accumulated depreciation and amortization(360,603)(327,984)
Property and equipment, net$798,634 $763,411 
In May 2024, we purchased additional property in Wilmington, Delaware, including land, office buildings and parking garages for a purchase price of $48.7 million. During the year ended December 31, 2024, we capitalized $4.9 million of land and $19.5 million of building and parking garage. As of September 30, 2025 we have $48.1 million of construction in progress relating to the downtown Wilmington properties.