v3.25.4
Balance Sheet Components
 12 Months Ended
Dec. 31, 2025
Balance Sheet Related Disclosures [Abstract]  
 Balance Sheet Components Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
As of December 31,
20252024
Leasehold improvements$98,302 $85,284 
Computer equipment, software, and other77,315 55,815 
Furniture and fixtures15,435 13,906 
Construction in progress9,999 7,632 
Total property and equipment, gross201,051 162,637 
Less: accumulated depreciation and amortization(149,091)(122,999)
Total property and equipment, net$51,960 $39,638 
Depreciation and amortization expense related to property and equipment, net was not material for the years ended December 31, 2025, 2024, and 2023.
Accrued Liabilities
Accrued liabilities consisted of the following (in thousands):
As of December 31,
20252024
Accrued payroll and related expenses$178,659 $306,939 
Accrued other liabilities176,965 120,107 
Total accrued liabilities$355,624 $427,046