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Short-Term Investments (Tables) | 12 Months Ended
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Dec. 31, 2025
Investments, All Other Investments [Abstract] |
Summary of Marketable Securities | Marketable securities consisted of the following:
|  | December 31, 2025 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
|  | (in thousands) |
Certificates of deposit |  | $ | 1,503 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,503 |
Commercial paper |  |  | 11,764 |  |  |  | 2 |  |  |  | (3 | ) |  |  | 11,763 |
Corporate debt securities |  |  | 275,555 |  |  |  | 531 |  |  |  | (50 | ) |  |  | 276,036 |
Municipal securities |  |  | 29,460 |  |  |  | 43 |  |  |  | (10 | ) |  |  | 29,493 |
Government and agency debt |  |  | 162,162 |  |  |  | 174 |  |  |  | (35 | ) |  |  | 162,301 |
Total marketable securities |  | $ | 480,444 |  |  | $ | 750 |  |  | $ | (98 | ) |  | $ | 481,096 |
|  | December 31, 2024 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
|  | (in thousands) |
Certificates of deposit |  | $ | 250 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 251 |
Commercial paper |  |  | 7,342 |  |  |  | 5 |  |  |  | (5 | ) |  |  | 7,342 |
Corporate debt securities |  |  | 161,231 |  |  |  | 187 |  |  |  | (122 | ) |  |  | 161,296 |
Municipal securities |  |  | 17,392 |  |  |  | 22 |  |  |  | — |  |  |  | 17,414 |
Government and agency debt |  |  | 180,361 |  |  |  | 172 |  |  |  | (221 | ) |  |  | 180,312 |
Total marketable securities |  | $ | 366,576 |  |  | $ | 387 |  |  | $ | (348 | ) |  | $ | 366,615 |
Summary of Company's Marketable Securities by Contractual Maturities | The following table summarizes the Company’s marketable securities by contractual maturities:
|  | December 31, 2025 |
|  | (in thousands) |
Due in 1 year or less |  | $ | 306,491 |
Due in 1 year through 2 years |  |  | 174,605 |
Total |  | $ | 481,096 |
Summary of Presents Fair Value and Gross Unrealized Losses of the Company's Marketable Securities | The following table presents fair value and gross unrealized losses of the Company’s marketable securities that have been in a continuous loss position, aggregated by length of time:
|  | December 31, 2025 |
|  | Less Than 12 Months |  |  | 12 Months or Greater |  |  | Total |
|  | Fair Value |  |  | Gross Unrealized Losses |  |  | Fair Value |  |  | Gross Unrealized Losses |  |  | Fair Value |  |  | Gross Unrealized Losses |
|  | (in thousands) |
Commercial paper |  | $ | 9,786 |  |  | $ | (3 | ) |  | $ | — |  |  | $ | — |  |  | $ | 9,786 |  |  | $ | (3 | )
Corporate debt securities |  |  | 50,218 |  |  |  | (50 | ) |  |  | — |  |  |  | — |  |  |  | 50,218 |  |  |  | (50 | )
Municipal securities |  |  | 6,600 |  |  |  | (10 | ) |  |  | — |  |  |  | — |  |  |  | 6,600 |  |  |  | (10 | )
Government and agency debt |  |  | 55,141 |  |  |  | (35 | ) |  |  | — |  |  |  | — |  |  |  | 55,141 |  |  |  | (35 | )
Total |  | $ | 121,745 |  |  | $ | (98 | ) |  | $ | — |  |  | $ | — |  |  | $ | 121,745 |  |  | $ | (98 | )
|  | December 31, 2024 |
|  | Less Than 12 Months |  |  | 12 Months or Greater |  |  | Total |
|  | Fair Value |  |  | Gross Unrealized Losses |  |  | Fair Value |  |  | Gross Unrealized Losses |  |  | Fair Value |  |  | Gross Unrealized Losses |
|  | (in thousands) |
Commercial paper |  | $ | 2,884 |  |  | $ | (5 | ) |  | $ | — |  |  | $ | — |  |  | $ | 2,884 |  |  | $ | (5 | )
Corporate debt securities |  |  | 50,856 |  |  |  | (121 | ) |  |  | 2,007 |  |  |  | (1 | ) |  |  | 52,863 |  |  |  | (122 | )
Government and agency debt |  |  | 72,746 |  |  |  | (221 | ) |  |  | — |  |  |  | — |  |  |  | 72,746 |  |  |  | (221 | )
Total |  | $ | 126,486 |  |  | $ | (347 | ) |  | $ | 2,007 |  |  | $ | (1 | ) |  | $ | 128,493 |  |  | $ | (348 | )

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