Property and equipment, net consisted of the following:




	March 31, 2026		December 31, 2025
Servers and related equipment	$	987,888	$	933,576
Equipment under finance leases and financing obligations(1)	290,781		144,819
Internal-use software	125,355		121,735
Leasehold improvements	412		412
Furniture and fixtures	361		262
Property and equipment, gross	$	1,404,797	$	1,200,804

Less: accumulated depreciation(1)	$	(560,524)	$	(524,829)
Less: accumulated amortization	(90,416)		(86,881)
Property and equipment, net	$	753,857	$	589,094

(1) Includes $147,203 and $13,316 of gross value and $15,964 and $11,502 of accumulated amortization of equipment under finance leases as of March 31, 2026 and December 31, 2025, respectively.

Depreciation expense on property and equipment was $37,004, and $21,759 for the three months ended March 31, 2026 and 2025, respectively.

Capitalized costs related to the development of computer software for internal use were $3,481 and $2,599 for the three months ended March 31, 2026 and 2025, respectively, which is included in internal-use software costs within property and equipment, net. Amortization expense related to internal-use and purchased software was $3,533, and $2,254 for the three months ended March 31, 2026 and 2025, respectively.




	March 31, 2026		December 31, 2025
Accrued capital expenditures	$	24,981	$	3,731
Other accrued expenses	18,496		17,532
Accrued bonus	7,763		18,779
Accrued payroll costs	5,287		2,637
Total accrued other expenses	$	56,527	$	42,679