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Marketable Securities (Tables) | 12 Months Ended
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Dec. 31, 2025
Marketable Securities [Abstract] |
Summary of Marketable Securities by Security | The following tables provide the amortized cost and fair value of the Company’s available-for-sale securities by security type (in thousands):
|  | December 31, 2025 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
Commercial paper |  | $ | 107,889 |  |  | $ | 17 |  |  | $ | (22 | ) |  | $ | 107,884 |
Corporate bonds |  |  | 772,457 |  |  |  | 2,233 |  |  |  | (184 | ) |  |  | 774,506 |
Government and agency securities |  |  | 207,684 |  |  |  | 340 |  |  |  | (34 | ) |  |  | 207,990 |
U.S. treasury bills |  |  | 19,824 |  |  |  | 3 |  |  |  | — |  |  |  | 19,827 |
|  | $ | 1,107,854 |  |  | $ | 2,593 |  |  | $ | (240 | ) |  | $ | 1,110,207 |
|  | December 31, 2024 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
Commercial paper |  | $ | 251,473 |  |  | $ | 12 |  |  | $ | (176 | ) |  | $ | 251,309 |
Corporate bonds |  |  | 468,673 |  |  |  | 532 |  |  |  | (588 | ) |  |  | 468,617 |
Government and agency securities |  |  | 162,783 |  |  |  | 132 |  |  |  | (29 | ) |  |  | 162,886 |
U.S. treasury bills |  |  | 89,741 |  |  |  | 60 |  |  |  | (2 | ) |  |  | 89,799 |
|  | $ | 972,670 |  |  | $ | 736 |  |  | $ | (795 | ) |  | $ | 972,611 |
Summary of Contractual Maturities of Available-for-sale Debt Securities | The following table summarizes the amortized cost and fair value of the Company’s available-for-sale securities by contractual maturity (in thousands):
|  | December 31, 2025 |
|  | Amortized Cost |  |  | Fair Value |
Due within one year |  | $ | 523,630 |  |  | $ | 524,421 |
Due after one year through three years |  |  | 584,224 |  |  |  | 585,786 |
|  | $ | 1,107,854 |  |  | $ | 1,110,207 |

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- Definition Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
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