| USD ($) $ in Thousands | LTM | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|
Revenue | $ 6,829,124 | $ 5,480,717 | $ 4,709,248 | $ 3,283,087 | ||
Costs and expenses: | ||||||
Cost of revenue | 787,817 | 665,140 | 1,166,806 | 1,059,191 | ||
Sales and marketing | 221,496 | 203,651 | 849,209 | 830,718 | ||
Research and development | 320,077 | 226,510 | 638,689 | 592,386 | ||
General and administrative | 211,274 | 233,502 | 181,085 | 152,585 | ||
Lease modification and abandonment of leasehold improvements | - | - | - | - | ||
Extinguishments of acquisition-related contingent consideration | - | - | - | - | ||
Total costs and expenses | 1,540,664 | 1,328,803 | 2,835,789 | 2,634,880 | ||
Income from operations | 5,288,460 | 4,151,914 | 1,873,459 | 648,207 | ||
Other income (expense): | ||||||
Interest expense and loss on settlement of debt | (205,034) | (207,016) | (318,260) | (275,665) | ||
Other income, net | 127,808 | 8,012 | 20,806 | 8,028 | ||
Total other expense, net | (77,226) | (199,004) | (297,454) | (267,637) | ||
Income before income taxes | 5,211,234 | 3,952,910 | 1,576,005 | 380,570 | ||
Provision for income taxes | 801,282 | 519,715 | (3,771) | 23,859 | ||
Net income from continuing operations | 4,409,952 | 3,433,195 | - | - | ||
Loss from discontinued operations, net of income taxes | 0 | (99,444) | - | - | ||
Net income (loss) | - | - | 1,579,776 | 356,711 | ||
Less: Net loss attributable to noncontrolling interest | - | - | 0 | 0 | ||
Net income | 4,409,952 | 3,333,751 | 1,579,776 | 356,711 | ||
Net income (loss) per share attributed to Class A and Class B common stockholders - Basic: | ||||||
Continuing operations (in dollars per share) | $ 13.06 | $ 10.13 | - | - | ||
Discontinued operations (in dollars per share) | 0.01 | (0.29) | - | - | ||
Less: Net income attributable to participating securities | - | - | 2,717 | 1,769 | ||
Net income (loss) attributable to common stock—Basic | - | - | 1,577,059 | 354,942 | ||
Net income (loss) attributable to common stock—Diluted | - | - | $ 1,577,144 | $ 354,993 | ||
Net income (loss) per share attributable to Class A and Class B common stockholders: | ||||||
Basic net income per share (in dollars per share) | 13.07 | 9.84 | 4.68 | 1.01 | ||
Net income (loss) per share attributed to Class A and Class B common stockholders - Diluted: | ||||||
Continuing operations (in dollars per share) | 13.01 | 10.04 | - | - | ||
Discontinued operations (in dollars per share) | 0 | (0.29) | - | - | ||
Diluted net income per share (in dollars per share) | $ 13.01 | $ 9.75 | $ 4.53 | $ 0.98 | ||
Denominator: | ||||||
Basic (in shares) | 336,595,000 | 338,781,000 | 336,921,483 | 351,952,187 | ||
Diluted (in shares) | 337,875,000 | 341,970,000 | 347,807,555 | 362,589,246 |