v3.25.2
Revenue (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table summarizes the revenue by region based on the billing address of customers who have contracted to use the Company’s global network and products:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(dollars in thousands)(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue
United States$251,894 49 %$207,008 51 %$486,781 49 %$403,471 52 %
Europe, Middle East, and Africa
143,438 28 %110,968 28 %277,291 28 %216,352 28 %
Asia Pacific75,144 15 %52,126 13 %148,539 15 %99,777 13 %
Other41,840 8 %30,894 8 %78,792 8 %59,998 7 %
Total$512,316 100 %$400,996 100 %$991,403 100 %$779,598 100 %
The following table summarizes the revenue from contracts by type of customer:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(dollars in thousands)(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue
Channel partners
$130,415 25 %$76,686 19 %$242,970 25 %$147,137 19 %
Direct customers
381,901 75 %324,310 81 %748,433 75 %632,461 81 %
Total$512,316 100 %$400,996 100 %$991,403 100 %$779,598 100 %
Schedule of Deferred Contract Acquisition Costs
The following table summarizes the activity of the deferred contract acquisition costs:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(in thousands)(in thousands)
Beginning balance$174,543 $137,527 $172,217 $133,236 
Capitalization of contract acquisition costs
33,540 25,687 58,998 48,085 
Amortization of deferred contract acquisition costs
(24,164)(18,884)(47,296)(36,991)
Ending balance$183,919 $144,330 $183,919 $144,330