v3.25.4
Revenues (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Deferred Revenue Activity

The following table represents the deferred revenue activity for the years ended December 31, 2025 and 2024, respectively:

 

 

 

 

(in millions)

 

2025

 

 

2024

 

Balance at beginning of period

 

$

190.7

 

 

$

175.2

 

Invoiced during the period

 

 

172.7

 

 

 

179.1

 

Consideration earned during the period

 

 

(187.8

)

 

 

(170.7

)

Additions related to business combinations

 

 

43.6

 

 

 

7.1

 

Balance at end of period

 

$

219.2

 

 

$

190.7

 

Summary of Revenues Disaggregated

The following table represents revenues disaggregated by type:

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Revenues

 

(in millions)

 

Connections

 

$

423.1

 

 

$

355.1

 

 

$

340.2

 

Content

 

 

18.9

 

 

 

22.8

 

 

 

23.5

 

Commerce

 

 

21.4

 

 

 

20.9

 

 

 

19.1

 

Total revenues

 

$

463.4

 

 

$

398.8

 

 

$

382.8