v3.25.4
Goodwill
12 Months Ended
Dec. 31, 2025
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill

7. Goodwill

The following table summarizes the changes in the carrying value of goodwill by reporting segment for the years ended December 31, 2025 and December 31, 2024 (in thousands):

 

 

 

December 31, 2024

 

 

Acquisitions

 

 

Foreign
Exchange

 

 

December 31, 2025

 

Federal Solutions

 

$

1,806,564

 

 

 

54,654

 

 

 

-

 

 

$

1,861,218

 

Critical Infrastructure

 

 

276,116

 

 

 

46,765

 

 

 

2,551

 

 

 

325,432

 

Total

 

$

2,082,680

 

 

$

101,419

 

 

$

2,551

 

 

$

2,186,650

 

 

 

 

 

December 31, 2023

 

 

Acquisitions

 

 

Foreign
Exchange

 

 

December 31, 2024

 

Federal Solutions

 

$

1,686,901

 

 

$

119,663

 

 

$

-

 

 

$

1,806,564

 

Critical Infrastructure

 

 

105,764

 

 

 

174,585

 

 

 

(4,233

)

 

 

276,116

 

Total

 

$

1,792,665

 

 

$

294,248

 

 

$

(4,233

)

 

$

2,082,680

 

 

For the years ended December 31, 2025 and December 31, 2024, the Company performed a quantitative impairment analysis for all reporting units. It was determined that the fair value of all reporting units exceeded their carrying values. No goodwill impairments were identified for the three years ended December 31, 2025, December 31, 2024 and December 31, 2023.