Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on a Recurring Basis

The following tables set forth our financial assets that are measured at fair value on a recurring basis:


									December 31, 2025
			Fair value hierarchy level						Cost or amortized cost						Gross unrealized gains						Gross unrealized losses						Fair value
									(in thousands)
Cash equivalents:
Money market funds			Level 1						$	825,323					$	—					$	—					$	825,323
U.S. treasury securities			Level 1						11,934						1						—						11,935

Time deposits			Level 2						25,949						—						—						25,949

Marketable securities:
U.S. treasury securities			Level 1						450,474						1,035						(2)						451,507
U.S. agency bonds			Level 2						410,655						167						(134)						410,688

Corporate bonds			Level 2						306,321						820						(13)						307,128
Time deposits			Level 2						140,000						—						—						140,000
Commercial paper			Level 2						213,767						152						—						213,919
Total									$	2,384,423					$	2,175					$	(149)					$	2,386,449


									December 31, 2024
			Fair value hierarchy level						Cost or amortized cost						Gross unrealized gains						Gross unrealized losses						Fair value
									(in thousands)
Cash equivalents:
Money market funds			Level 1						$	497,461					$	—					$	—					$	497,461
U.S. treasury securities			Level 1						5,979						2						—						5,981
Corporate bonds			Level 2						1,066						2						—						1,068
Marketable securities:
U.S. treasury securities			Level 1						817,996						1,120						(396)						818,720
U.S. agency bonds			Level 2						117,965						15						(62)						117,918
Corporate bonds			Level 2						159,424						400						(86)						159,738
Commercial paper			Level 2						182,264						99						(22)						182,341
Total									$	1,782,155					$	1,638					$	(566)					$	1,783,227