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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 730.7 $ 1,328.3
Short-term investments 194.6 265.9
Trade and other receivables, net 73.9 70.4
Prepaid expenses and other current assets 83.5 73.8
Total current assets 1,082.7 1,738.4
Property and equipment, net 377.3 358.8
Operating lease right-of-use asset 280.3 158.9
Intangible assets, net 40.4 54.9
Goodwill 453.4 442.8
Deferred tax assets 433.9 466.7
Other assets 127.8 104.7
Total assets 2,795.8 3,325.2
Current liabilities:    
Accounts payable 37.3 36.5
Accrued and other current liabilities 149.7 143.2
Accrued compensation and benefits 85.1 105.2
Operating lease liability 52.0 64.9
Finance lease obligation 132.1 123.3
Convertible senior notes, net, current 694.9 0.0
Term loan, net, current 11.5 10.0
Deferred revenue 740.6 727.7
Total current liabilities 1,903.2 1,210.8
Operating lease liability, non-current 366.6 250.4
Finance lease obligation, non-current 205.7 203.5
Convertible senior notes, net, non-current 689.5 1,381.6
Term loan, net, non-current 1,102.4 962.9
Other non-current liabilities 59.6 68.4
Total liabilities 4,327.0 4,077.6
Commitments and contingencies (Note 9)
Stockholders' deficit:    
Additional paid-in-capital 2,100.3 2,404.2
Accumulated deficit (3,633.6) (3,146.5)
Accumulated other comprehensive income (loss) 2.1 (10.1)
Total stockholders' deficit (1,531.2) (752.4)
Total liabilities and stockholders' deficit $ 2,795.8 $ 3,325.2