v3.26.1
Income Taxes
 6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
For each interim reporting period, we make an estimate of the effective tax rate we expect to be applicable for the full year for our operations. This estimated effective tax rate is used in providing for income taxes on a year-to-date basis. Our effective tax rate was as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Effective tax rate26.9%21.5%26.1%22.2%
The fluctuations in the effective tax rate for the periods presented above were primarily attributable to taxes related to foreign activities and the impact from stock-based compensation for the same periods in 2025. The effective tax rate is higher than the U.S. federal statutory rate due primarily to international and state income benefits.