v3.26.1
Intangible Assets, Net
 12 Months Ended
Dec. 31, 2025
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

NotE 11:- Intangible Assets, Net

 

a.Intangible assets, net, are comprised of the following as of the below dates:

 

   Customer
relationship		   Capitalized
Software costs		   Acquired
technology		   Other   Total 
Cost:                    
                     
Balance as of January 1, 2025  $352,375   $293,731   $132,366   $13,823   $792,295 
Measurement period adjustments   (436)   
-
    (811)   61    (1,186)
Initially consolidated company   32,841    
-
    30,139    
-
    62,980 
Purchases   
-
    10,121    1,547    39    11,707 
Disposals   
-
    
-
    
-
    
-
    
-
 
Loss of Control   (79,958)   (136,633)   (97,024)   (1,505)   (315,120)
Exchange rate differences from translation of foreign operations   34,765    6,730    7,660    2,112    51,267 
                          
Balance as of December 31, 2025  $339,587   $173,949   $73,877   $14,530   $601,943 
                          

Accumulated amortization:

                         
                          
Balance as of January 1, 2025  $222,635   $249,913   $95,518   $7,153   $575,219 
Measurement period adjustments   
-
    
-
    
-
    61    61 

Amortization

   50,319    11,205    16,241    1,289    79,054 
Loss of Control   (42,136)   (109,055)   (71,605)   (1,505)   (224,301)
Exchange rate differences from translation of foreign operations   19,571    2,722    743    1,253    24,289 
                          
Balance as of December 31, 2025  $250,389   $154,785   $40,897   $8,251   $454,322 
                          
Depreciated cost as of December 31, 2025  $89,198   $19,164   $32,980   $6,279   $147,621 
   Customer
relationship		   Capitalized
Software costs		   Acquired
technology		   Other   Total 
Cost:                    
                     
Balance as of January 1, 2024  $327,102   $292,868   $100,975   $13,615   $734,560 
Measurement period adjustments   3,074    (10,010)   6,937    462    463 
Initially consolidated company   24,406    
-
    24,437    137    48,980 
Purchases   159    11,605    568    142    12,474 
Disposals   
-
    (495)   
-
    (432)   (927)
Exchange rate differences from translation of foreign operations   (2,366)   (237)   (551)   (101)   (3,255)
                          
Balance as of December 31, 2024  $352,375   $293,731   $132,366   $13,823   $792,295 
                          

Accumulated amortization:

                         
                          
Balance as of January 1, 2024  $194,914   $244,974   $81,947   $5,797   $527,632 
Measurement period adjustments   1,410    (6,225)   4,814    446    445 

Amortization

   26,876    11,759    9,208    1,481    49,324 
Disposals   
-
    (495)   
-
    (432)   (927)
Exchange rate differences from translation of foreign operations   (565)   (100)   (451)   (139)   (1,255)
                          
Balance as of December 31, 2024  $222,635   $249,913   $95,518   $7,153   $575,219 
                          
Depreciated cost as of December 31, 2024  $129,740   $43,818   $36,848   $6,670   $217,076 

 

c.Amortization expenses totaled $79,054 $49,324 and $51,265, for the years ended December 31, 2025, 2024 and 2023, respectively. During the year ended December 31, 2025, the Company reassessed the estimated useful lives of certain acquired customer relationship intangible assets related to a non-core activity and revised them accordingly. As a result of this change in accounting estimate, amortization expense increased by approximately $18,705 for the year. The reassessment was based on changes in the expected pattern of economic benefits from these assets, including the impact of changes in technological and market conditions in Israel in recent years, which adversely affected the relevant sector. For further information, see Note 2(17).