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Fair Value Measurements (Tables) | 3 Months Ended
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Mar. 31, 2025
Fair Value Disclosures [Abstract] |
Schedule of Available-for-Sale Marketable Securities Held | Available-for-sale marketable securities held as of March 31, 2025 and December 31, 2024 were as follows (in thousands):
|  |  | Gross Unrealized |  |  |  | Classification on Balance Sheet
| Amortized Cost |  | Gains |  | Losses |  | Aggregate Fair Value |  | Short-Term Marketable Securities |  | Long-Term Marketable Securities
As of March 31, 2025 |  |  |  |  |  |  |  |  |  |  |
Time deposits | $ | 12,152 |  |  | $ | — |  |  | $ | — |  |  | $ | 12,152 |  |  | $ | 12,152 |  |  | $ | — |
Corporate bonds | 199,783 |  |  | 33 |  |  | (3) |  |  | 199,813 |  |  | 199,813 |  |  | — |
| $ | 211,935 |  |  | $ | 33 |  |  | $ | (3) |  |  | $ | 211,965 |  |  | $ | 211,965 |  |  | $ | — |
As of December 31, 2024 |  |  |  |  |  |  |  |  |  |  |
Time deposits | $ | 11,330 |  |  | $ | — |  |  | $ | — |  |  | $ | 11,330 |  |  | $ | 11,330 |  |  | $ | — |
Corporate bonds | 1,003,915 |  |  | 1,369 |  |  | (307) |  |  | 1,004,977 |  |  | 808,800 |  |  | 196,177 |
U.S. government agency obligations | 303,816 |  |  | 567 |  |  | (36) |  |  | 304,347 |  |  | 249,318 |  |  | 55,029 |
| $ | 1,319,061 |  |  | $ | 1,936 |  |  | $ | (343) |  |  | $ | 1,320,654 |  |  | $ | 1,069,448 |  |  | $ | 251,206 |
Schedule of Fair Value Measurements within Fair Value Hierarchy | The fair value measurements within the fair value hierarchy of the Company’s financial assets as of March 31, 2025 and December 31, 2024 were as follows (in thousands):
| Total Fair Value |  | Fair Value Measurements at Reporting Date Using
|  | Level 1 |  | Level 2 |  |
As of March 31, 2025 |  |  |  |  |  |  |
Cash Equivalents and Marketable Securities: |  |  |  |  |  |  |
Money market funds | $ | 709,564 |  |  | $ | 709,564 |  |  | $ | — |  |  |
Time deposits | 76,363 |  |  | — |  |  | 76,363 |  |  |
Corporate bonds | 199,813 |  |  | — |  |  | 199,813 |  |  |
Mutual funds | 25,365 |  |  | 25,365 |  |  | — |  |  |
| $ | 1,011,105 |  |  | $ | 734,929 |  |  | $ | 276,176 |  |  |
As of December 31, 2024 |  |  |
Cash Equivalents and Marketable Securities: |  |  |  |  |  |  |
Money market funds | $ | 163,722 |  |  | $ | 163,722 |  |  | $ | — |  |  |
Time deposits | 64,202 |  |  | — |  |  | 64,202 |  |  |
Corporate bonds | 1,004,977 |  |  | — |  |  | 1,004,977 |  |  |
U.S. government agency obligations | 304,347 |  |  | — |  |  | 304,347 |  |  |
Mutual funds | 26,580 |  |  | 26,580 |  |  | — |  |  |
| $ | 1,563,828 |  |  | $ | 190,302 |  |  | $ | 1,373,526 |  |  |
Schedule of Contractual Maturities of Available-for-Sale Marketable Securities Held | Contractual maturities of the Company’s available-for-sale marketable securities held as of March 31, 2025 and December 31, 2024 were as follows (in thousands):
| March 31, 2025 |  | December 31, 2024
Due in 1 year or less | $ | 211,965 |  |  | $ | 1,069,448 |
Due after 1 year through 5 years | — |  |  | 251,206 |
| $ | 211,965 |  |  | $ | 1,320,654 |

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- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-9 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 + Details
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