v3.25.4
Income Taxes - Summary of Significant Components of Net Deferred Tax Balances (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Accruals and reserves $ 23,230 $ 16,413
Intangible assets 199,140 139,612
IRC 174 capitalized R&D 440,540 598,669
Stock-based compensation 23,686 58,171
Loss carryforwards 2,865,653 2,757,814
Tax credit carryforwards 1,169,703 1,060,486
Operating lease liabilities 134,620 128,072
Other 97,987 67,958
Total deferred tax assets 4,954,559 4,827,195
Deferred tax liabilities:    
Operating lease right-of-use assets (113,448) (112,907)
Unrealized gains in securities and investments (13,544) (18,333)
Other (20,784) (18,445)
Total deferred tax liabilities (147,776) (149,685)
Total net deferred tax assets before valuation allowance 4,806,783 4,677,510
Valuation allowance (4,808,739) (4,677,088)
Net deferred taxes   $ 422
Net deferred taxes $ (1,956)