v3.25.1
Segments - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Gross revenue $ 848.3 $ 707.4
General and administrative expenses:    
Revaluation of contingent liabilities (3.7) 2.1
Depreciation and amortization expense [1] (56.0) (44.8)
Professional expenses (18.6) (8.0)
Advertising and marketing expenses (6.7) (4.4)
Interest income 12.4 5.4
Other income (expense), net (1.2) 1.4
Gain on investments in securities 0.3 11.0
Change in TRA liability 3.0 (1.2)
Interest expense (28.5) (8.1)
Income tax benefit (expense) 8.1 (1.4)
Net income 19.5 28.5
Depreciation and amortization expenses of equipment 16.3 11.9
Reportable Segment    
Segment Reporting Information [Line Items]    
Network fees (479.8) (443.7)
Other costs of sales (exclusive of depreciation of equipment under lease) (111.5) (75.9)
General and administrative expenses:    
Employee and other general and administrative expenses (119.5) (78.6)
Equity-based compensation expense (27.2) (23.2)
Rent, office, occupancy and equipment expenses (7.3) (5.3)
Revaluation of contingent liabilities 3.7 (2.1)
Depreciation and amortization expense (56.0) (44.8)
Professional expenses (18.6) (8.0)
Advertising and marketing expenses (6.7) (4.4)
Interest income 12.4 5.4
Other income (expense), net (1.2) 1.4
Gain on investments in securities 0.3 11.0
Change in TRA liability 3.0 (1.2)
Interest expense (28.5) (8.1)
Income tax benefit (expense) 8.1 (1.4)
Net income 19.5 28.5
Payments-based revenue    
Segment Reporting Information [Line Items]    
Gross revenue 755.7 655.1
Payments-based revenue | Reportable Segment    
Segment Reporting Information [Line Items]    
Gross revenue 755.7 655.1
Subscription and other revenues    
Segment Reporting Information [Line Items]    
Gross revenue 92.6 52.3
Subscription and other revenues | Reportable Segment    
Segment Reporting Information [Line Items]    
Gross revenue $ 92.6 $ 52.3
[1] Depreciation and amortization expense includes depreciation of equipment under lease of $16.3 million and $11.9 million for the three months ended March 31, 2025 and 2024, respectively.