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REVENUE
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Revenue, classified by the major geographic areas in which our customers are located, was as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2026202520262025
United States$1,002,793 $927,682 $1,842,667 $1,691,251 
Other countries75,783 71,845 142,333 130,780 
Total revenues$1,078,576 $999,527 $1,985,000 $1,822,031 
Revenue from external customers, classified by significant service offering, was as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2026202520262025
Residential revenues$485,845 $455,665 $875,349 $811,978 
Commercial revenues347,913 320,490 659,639 604,847 
Termite and ancillary revenues234,151 211,855 429,574 383,985 
Franchise revenues4,528 3,908 8,181 7,678 
Other revenues6,139 7,609 12,257 13,543 
Total revenues$1,078,576 $999,527 $1,985,000 $1,822,031 
The Company records unearned revenue when we have either received payment or contractually have the right to bill for services in advance of the services or performance obligations being performed. Unearned revenue recognized as revenues in the three months ended June 30, 2026 and 2025 was $75.7 million and $68.9 million, respectively. Unearned revenue recognized in the six months ended June 30, 2026 and 2025 was $148.9 million and $135.9 million, respectively. Changes in unearned revenue were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2026202520262025
Beginning balance$243,118 $233,365 $232,986 $223,872 
Deferral of unearned revenue81,842 78,975 165,108 155,481 
Recognition of unearned revenue(75,717)(68,881)(148,851)(135,894)
Ending balance$249,243 $243,459 $249,243 $243,459 
As of June 30, 2026 and December 31, 2025, the Company had long-term unearned revenue of $52.8 million and $45.3 million, respectively, recorded in other long-term accrued liabilities on our condensed consolidated statements of financial position. Unearned short-term revenue is recognized over the next 12-month period. During the three and six months ended June 30, 2026, we recognized approximately $46.9 million and $93.8 million of revenue that was included in the balance of unearned revenue at December 31, 2025. During the three and six months ended June 30, 2025, we recognized approximately $45.2 million and $90.4 million of revenue that was included in the balance of unearned revenue at December 31, 2024. The majority of unearned long-term revenue is recognized over a period of five years or less with immaterial amounts recognized through 2036.
Incremental Costs of Obtaining a Contract with a Customer
Incremental costs of obtaining a contract include only those costs that we incur to obtain a contract that we would not have incurred if the contract had not been obtained, primarily sales commissions. These costs are recorded as an asset and amortized to expense over the life of the contract to the extent such costs are expected to be recovered. As of June 30, 2026, we have $53.9 million of unamortized capitalized costs to obtain a contract, of which $39.2 million is recorded within other current assets and $14.7 million is recorded within other assets on our condensed consolidated statements of financial position. As of December 31, 2025, we had $39.1 million of unamortized capitalized costs to obtain a contract, of
which $28.9 million was recorded within other current assets and $10.2 million was recorded within other assets on our condensed consolidated statements of financial position. Amortization of capitalized costs is recorded within sales, general and administrative expense on our condensed consolidated statements of income. During the three and six months ended June 30, 2026, we recorded approximately $10.5 million and $20.0 million in amortization of capitalized costs, respectively. During the three and six months ended June 30, 2025, we recorded approximately $7.9 million and $15.0 million in amortization of capitalized costs, respectively.