v3.25.4
Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of RSU and RSA Activity
The following table summarizes the RSU and RSA activity for the year ended December 31, 2025:
Total RSUs and RSAsWeighted-
average grant
date fair
value
Unvested as of December 31, 202411,344,247 $37.67 
Granted1,593,019 $140.43 
Vested
(7,405,968)$49.43 
Canceled/Forfeited
(1,070,447)$47.44 
Unvested as of December 31, 20254,460,851 $58.71 
Schedule of Stock Option Activity
The following table summarizes the stock option activity during the year ended December 31, 2025:
Outstanding
stock
options		Weighted-
average
exercise
price		Weighted-
average
remaining
contractual
life
(years)		Aggregate
intrinsic
value
(in thousands, except share, per share, and year data)
Balance as of December 31, 202414,687,538 $30.07 6.87$1,958,924 
Exercised
(3,833,276)6.54 
Canceled/Forfeited
(2,131)34.34 
Balance as of December 31, 202510,852,131 $38.38 7.14$2,078,120 
Vested as of December 31, 20255,509,084 $31.81 6.33$1,091,126 
Vested and expected to vest as of December 31, 202510,852,131 $38.38 7.14$2,078,120 
Schedule of Components of Stock-Based Compensation Expense
The following table summarizes the components of stock-based compensation expense recognized in the consolidated statements of operations for all periods presented:
Year ended December 31,
202520242023
(in thousands)
Cost of revenue$875 $620 $101 
Research and development$213,515 441,629 23,825 
Sales and marketing$42,103 80,436 5,555 
General and administrative$86,687 278,961 18,117 
Stock-based compensation expense
$343,180 $801,646 $47,598