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Net Loss per Share (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share [Abstract]

Schedule of Numerators and Denominators of Basic and Diluted Net Loss per Share Computations for Common Stock

The numerators and denominators of the basic and diluted net loss per share computations for our common stock are calculated as follows:

			Three Months Ended June 30,												Six Months Ended June 30,
			2026						2025						2026						2025
			(in thousands, except per share data)
Numerator:
Net loss			$	(163,960)					$	(262,570)					$	(252,911)					$	(402,157)
Denominator:
Weighted-average common shares - Basic (1)			1,663,449						1,674,854						1,675,483						1,685,544
Weighted-average common shares - Diluted (1)			1,663,449						1,674,854						1,675,483						1,685,544
Net loss per share:
Basic			$	(0.10)					$	(0.16)					$	(0.15)					$	(0.24)
Diluted			$	(0.10)					$	(0.16)					$	(0.15)					$	(0.24)

(1)Includes 1,409 million and 1,421 million shares of Class A common stock for the three months ended June 30, 2026 and 2025, respectively; and 1,421 million and 1,431 million shares of Class A common stock for the six months ended June 30, 2026 and 2025, respectively. Includes 23 million shares of Class B common stock and 232 million shares of Class C common stock for each of the periods presented.

Schedule of Potentially Dilutive Shares Excluded from Calculation of Diluted Net Loss per Share

The following potentially dilutive shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive:

			As of June 30,
			2026						2025
			(in thousands)
Stock options			474						583
Unvested RSUs and RSAs			204,773						143,318
Convertible Notes (if-converted)			46,193						59,154

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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