v3.26.1
Revenue
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The table below summarizes the major service categories from which the Company derives its revenues:
Three Months Ended
March 31,
(in millions)20262025
Certification Testing$211 $189 
Ongoing Certification Services265 245 
Non-certification Testing and Other Services209 203 
Software73 68 
Total $758 $705 
Contract Balances
The revenue recognized during the three months ended March 31, 2026, that was included in contract liabilities at December 31, 2025, amounted to $43 million. The revenue recognized during the three months ended March 31, 2025, that was included in contract liabilities at December 31, 2024, amounted to $36 million.
Remaining Performance Obligations
At March 31, 2026, the Company estimates that $186 million in revenue is expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period. The Company expects to recognize approximately 67% of its unsatisfied (or partially unsatisfied) performance obligations as revenue in the subsequent 12 months, with the remaining balance to be recognized thereafter.
Remaining consideration from contracts with customers is included in the amount presented above and includes contracts with multiple performance obligations and multi-year agreements, which are typically recognized as the performance obligation is satisfied.