v3.26.1
GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
The following table reflects the changes in the carrying amount of goodwill (in thousands):
Carrying Amount
Balance at January 1, 2026
$
4,168,967 
Additions due to acquisitions
39,843 
Foreign currency translation adjustments
(69,320)
Balance at June 30, 2026
$
4,139,490 
Schedule of finite-lived intangible assets
The effects of amortization of Intangible assets, net on the Condensed Consolidated Statements of Operations was as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Technology and development$15,356 $1,973 $31,140 $3,697 
Sales and marketing17,774 — 35,793 — 
General and administrative1,714 3,317 3,523 6,698 
Total amortization expense$34,844 $5,290 $70,456 $10,395 
Schedule of future amortization expense
The expected future amortization expense for amortizing intangible assets for the 12-month period ending June 30 of the respective year, as of June 30, 2026, is as follows (in thousands):
2027$131,185 
2028127,121 
2029122,918 
2030121,737 
2031121,141 
Thereafter666,767 
Total expected future amortization expense$1,290,869