v3.25.4
Income Taxes - Summary of Significant Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Components of Deferred Tax Assets and Liabilities [Abstract]    
Net operating loss carryforwards $ 2,617,820 $ 1,583,076
Capitalized research and experimental expenses 85,377 504,156
Reserves and accruals 113,289 87,111
Tax credit carryforwards 528,449 394,579
Stock-based compensation 62,453 76,604
Non-deductible officers’ compensation 54,842 60,103
Change in valuation allowance 16,679 15,839
Base Erosion Anti-Abuse Tax and related elections 22,573 38,436
Taxes withheld at source 3,501,482 2,759,904
Acquisition related intangibles 4,925 6,827
Right-of-use assets (47,941) (50,208)
Total provision for income taxes 3,448,616 2,702,869
Valuation allowance 3,452,323 2,710,393
Net deferred tax assets (liabilities) $ (3,707) $ (7,524)