Revenues	6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]
Revenues	2. Revenues Disaggregation of Revenue The Company provides disaggregation of revenue based on geographic region (Note 15) and based on the subscription versus professional services and other classification on the consolidated statements of operations as it believes these best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Deferred Revenue and Deferred Commission Expense Amounts that have been invoiced are recorded in accounts receivable and deferred revenue or revenue, depending on whether the revenue recognition criteria have been met. Deferred revenue represents amounts billed for which revenue has not yet been recognized. Deferred revenue that will be recognized during the succeeding 12-month period is recorded as current deferred revenue, and the remaining portion is recorded as long-term deferred revenue. Deferred revenue during the six months ended June 30, 2025 increased by $106.1 million resulting from $867.0 million of additional invoicing and was offset by revenue recognized of $760.9 million during the same period. $451.9 million of revenue was recognized during the three months ended June 30, 2025 that was included in deferred revenue at the beginning of the period. $617.0 million of revenue was recognized during the six months ended June 30, 2025 that was included in deferred revenue at the beginning of the period. As of June 30, 2025, approximately $1.3 billion of revenue is expected to be recognized from remaining performance obligations for contracts with original performance obligations that exceed one year. The Company expects to recognize revenue on approximately 89% of these remaining performance obligations over the next 24 months, with the balance recognized thereafter. Additional contract liabilities of $5.3 million and $6.4 million were included in accrued expenses and other current liabilities on the consolidated balance sheet as of June 30, 2025 and December 31, 2024. The incremental direct costs of obtaining a contract, which primarily consist of employee sales and Solutions Partner commissions paid for new subscription contracts, are deferred and amortized on a straight-line basis over a period of approximately two to four years. The two to four-year period has been determined by taking into consideration the commitment term of the customer contract, the nature of the Company’s technology development life-cycle, and an estimated customer relationship period. Sales and Solutions Partner commissions for upgrade contracts are deferred and amortized on a straight-line basis over the remaining estimated customer relationship period of the related customer. Deferred commission expense that will be recorded as expense during the succeeding 12-month period is recorded as current deferred commission expense, and the remaining portion is recorded as long-term deferred commission expense. Deferred commission expense during the three months ended June 30, 2025 increased by $34.9 million as a result of deferring incremental costs of obtaining a contract of $71.9 million and was offset by amortization of $37.0 million during the same period. Deferred commission expense during the six months ended June 30, 2025 increased by $67.6 million as a result of deferring incremental costs of obtaining a contract of $142.2 million and was offset by amortization of $74.6 million during the same period.

Revenues

6 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

2. Revenues

Disaggregation of Revenue

The Company provides disaggregation of revenue based on geographic region (Note 15) and based on the subscription versus professional services and other classification on the consolidated statements of operations as it believes these best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.

Deferred Revenue and Deferred Commission Expense

Amounts that have been invoiced are recorded in accounts receivable and deferred revenue or revenue, depending on whether the revenue recognition criteria have been met. Deferred revenue represents amounts billed for which revenue has not yet been recognized. Deferred revenue that will be recognized during the succeeding 12-month period is recorded as current deferred revenue, and the remaining portion is recorded as long-term deferred revenue. Deferred revenue during the six months ended June 30, 2025 increased by $106.1 million resulting from $867.0 million of additional invoicing and was offset by revenue recognized of $760.9 million during the same period. $451.9 million of revenue was recognized during the three months ended June 30, 2025 that was included in deferred revenue at the beginning of the period. $617.0 million of revenue was recognized during the six months ended June 30, 2025 that was included in deferred revenue at the beginning of the period. As of June 30, 2025, approximately $1.3 billion of revenue is expected to be recognized from remaining performance obligations for contracts with original performance obligations that exceed one year. The Company expects to recognize revenue on approximately 89% of these remaining performance obligations over the next 24 months, with the balance recognized thereafter.

Additional contract liabilities of $5.3 million and $6.4 million were included in accrued expenses and other current liabilities on the consolidated balance sheet as of June 30, 2025 and December 31, 2024.

The incremental direct costs of obtaining a contract, which primarily consist of employee sales and Solutions Partner commissions paid for new subscription contracts, are deferred and amortized on a straight-line basis over a period of approximately two to four years. The two to four-year period has been determined by taking into consideration the commitment term of the customer contract, the nature of the Company’s technology development life-cycle, and an estimated customer relationship period. Sales and Solutions Partner commissions for upgrade contracts are deferred and amortized on a straight-line basis over the remaining estimated customer relationship period of the related customer. Deferred commission expense that will be recorded as expense during the succeeding 12-month period is recorded as current deferred commission expense, and the remaining portion is recorded as long-term deferred commission expense.

Deferred commission expense during the three months ended June 30, 2025 increased by $34.9 million as a result of deferring incremental costs of obtaining a contract of $71.9 million and was offset by amortization of $37.0 million during the same period. Deferred commission expense during the six months ended June 30, 2025 increased by $67.6 million as a result of deferring incremental costs of obtaining a contract of $142.2 million and was offset by amortization of $74.6 million during the same period.