XML 42 R30.htm IDEA: XBRL DOCUMENT v3.25.3
Share-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense Recognized to Statements of Operations
A summary of share-based compensation expense recognized in the Condensed Consolidated Statements of Operations is as follows (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
 2025202420252024
Cost of revenues$4,165 $7,222 $14,568 $23,138 
Research and development15,786 19,702 47,361 57,999 
Sales and marketing26,771 34,951 87,366 101,740 
General and administrative17,977 21,784 56,754 75,730 
Total share-based compensation expense$64,699 $83,659 $206,049 $258,607 
Schedule of Share-Based Compensation Expense by Award Type
A summary of share-based compensation expense by award type is as follows (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
 2025202420252024
Employee stock purchase plan rights (“ESPP”)$897 $1,030 $3,716 $4,733 
Performance stock units (“PSUs”) 4,266 2,540 19,995 14,914 
Restricted stock units (“RSUs”) 59,536 80,089 182,338 238,960 
Total share-based compensation expense$64,699 $83,659 $206,049 $258,607 
Schedule of RSUs Activity
A summary of activity of restricted and performance-based stock units as of September 30, 2025, and changes during the period then ended is presented in the following table:
Number of
RSUs/PSUs
Outstanding
(in thousands)		Weighted-
Average
Grant Date Fair
Value Per Share		Aggregate
Intrinsic Value
(in thousands)
Outstanding as of December 31, 20248,306 $42.09 $290,799 
Granted5,174 29.38 
Released(4,646)41.17 
Canceled/Forfeited(1,298)36.99 
Outstanding as of September 30, 20257,536 $34.82 $213,559