v3.25.4
Property and Equipment, net (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net consists of the following (in thousands):
December 31,
20252024
Office equipment$24,411 $23,710 
Laboratory equipment258,003 229,797 
Computer equipment152,156 156,859 
Land11,273 15,395 
Building and leasehold improvements610,027 597,342 
Operating lease right-of-use assets19,596 22,230 
Construction in progress30,485 46,062 
1,105,951 1,091,395 
Less accumulated depreciation and amortization(375,066)(327,984)
Property and equipment, net$730,885 $763,411 
Schedule of Assets and Liabilities, Lessee
Our current operating lease liabilities are reflected in accrued and other current liabilities and our noncurrent operating lease liabilities are reflected in other liabilities on the consolidated balance sheets and are as follows (in thousands):
December 31,
20252024
Current
Operating lease liabilities$5,697$5,583
Finance lease liabilities4,5164,419
Noncurrent
Operating lease liabilities14,50816,793
Finance lease liabilities30,19933,542
Total lease liabilities$54,920$60,337
Schedule of Lessee, Operating Lease, Liability, Maturity
The maturity of our lease liabilities are as follows (in thousands):
OperatingFinance
2026$6,797$5,695
20276,3084,845
20283,0434,048
20291,9343,635
20301,2543,435
After 20303,46619,791
Total lease cash payments$22,802$41,449
Less: discount 2,5976,734
Present value of lease liabilities$20,205$34,715
Schedule of Finance Lease, Liability, Fiscal Year Maturity
The maturity of our lease liabilities are as follows (in thousands):
OperatingFinance
2026$6,797$5,695
20276,3084,845
20283,0434,048
20291,9343,635
20301,2543,435
After 20303,46619,791
Total lease cash payments$22,802$41,449
Less: discount 2,5976,734
Present value of lease liabilities$20,205$34,715