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Net Loss Per Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The following table sets forth the computation of the basic and diluted net loss per share:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
(unaudited)
(in thousands, except per share data)
Net loss, basic and diluted$(92,725)$(107,754)$(287,783)$(325,367)
Net loss per share, basic and diluted$(0.74)$(0.88)$(2.32)$(2.66)
Weighted-average shares used in computing net loss per share, basic and diluted124,807 123,051 124,268 122,406 
Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share, as the inclusion of all potential shares of common stock outstanding would have been anti-dilutive. The following weighted-average common stock equivalents were excluded from the calculation of diluted net loss per share for the periods presented as they had an anti-dilutive effect:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
(unaudited)
(in thousands)
Stock options 5,0363,7534,9543,892
Restricted stock units7,6575,1047,5654,938
MSUs646
PSUs1,2681,2921,2521,071
ESPP obligation133197194228
Convertible senior notes13,1528,22513,1528,225
Total27,24618,57127,11719,000