v3.26.1
Revenue
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Deferred revenue
The changes in deferred revenue were as follows for the periods presented:
Three Months Ended
March 31,
20262025
Balance, beginning of period$595,334 $381,363 
Billings and other(1)
365,769 253,472 
Revenue(333,439)(228,199)
Balance, end of period$627,664 $406,636 
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(1)Other primarily includes amounts for which the Company had a contractual right to bill and receive payment from the customer.
Approximately 72% of revenue recognized during the three months ended March 31, 2026 was from the deferred revenue balance as of December 31, 2025, and approximately 70% of revenue recognized during the three months ended March 31, 2025 was from the deferred revenue balance as of December 31, 2024.
Remaining performance obligations
As of March 31, 2026, the aggregate balance of remaining performance obligations that were unsatisfied or partially unsatisfied was $682.3 million. The substantial majority of the remaining performance obligations will be satisfied over the twelve months following March 31, 2026, with the balance to be recognized as revenue thereafter.