v3.25.2
Revenue Recognition
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition REVENUE RECOGNITION
Deferred Revenue
Revenue recognized during the six months ended June 30, 2025 and 2024 that was included in the corresponding deferred revenue balance at the beginning of each year was $123.5 million and $108.5 million.
Remaining Performance Obligations
Remaining performance obligations represent contracted revenue that has not yet been recognized, which includes deferred revenue in the Condensed Consolidated Balance Sheets and unbilled amounts that will be recognized as revenue in future periods. As of June 30, 2025, we had remaining performance obligations of $329.0 million and expect to recognize approximately 73% as revenue over the next 12 months and the remainder thereafter.
Costs to Obtain and Fulfill Contracts
The following table presents our capitalization and amortization of commissions and related payroll tax expenditures recorded within sales and marketing in the Condensed Consolidated Statements of Operations:
Three Months Ended June 30,Six Months Ended June 30,
Commissions and related payroll tax expenditures:2025202420252024
Capitalization$2.2 $3.8 $3.9 $5.1 
Amortization$3.9 $3.8 $7.8 $7.4 
Deferred commissions and related payroll tax expenditures, which are included in deferred costs and other assets, were as follows:
June 30, 2025December 31, 2024
Deferred costs, net$12.7 $13.8 
Other assets$11.8 $14.6