v3.26.1
Revenue
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table presents the company’s revenue disaggregated by type of revenue:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Services$412.6 $412.2 $807.9 $798.4 
Technology(i)
60.9 71.1 103.2 117.0 
Total revenue
$473.5 $483.3 $911.1 $915.4 
(i) Technology represents hardware and software license revenue.
Contract Assets and Deferred Revenue
Contract assets represent rights to consideration in exchange for goods or services transferred to a customer when that right is conditional on something other than the passage of time. Deferred revenue represents contract liabilities.
Net contract assets (liabilities) are as follows:
June 30, 2026December 31, 2025
Contract assets - current$11.2 $10.9 
Contract assets - long-term(i)
2.6 4.1 
Deferred revenue - current(200.7)(228.5)
Deferred revenue - long-term(83.0)(100.7)
(i) Reported in other long-term assets on the company’s consolidated balance sheets.
Significant changes in the above contract liability balances were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Revenue recognized that was included in deferred revenue at the beginning of the period$58.4 $58.6 $125.3 $130.0 
Capitalized Contract Costs
The company’s capitalized contract costs, net include the following:

June 30, 2026December 31, 2025
Deferred commissions, net
$6.3 $8.7 
Costs to fulfill a contract, net
20.4 16.7 
Other capitalized assets, net
44.5 48.2 
Total capitalized contract costs, net
$71.2 $73.6 
For the three months ended June 30, 2026 and 2025, amortization expense related to capitalized contract costs, net was $7.7 million and $4.5 million, respectively. For the six months ended June 30, 2026 and 2025, amortization expense related to capitalized contract costs assets, net was $13.5 million and $7.5 million, respectively.
Remaining Performance Obligations
Remaining performance obligations represent the transaction price of firm orders for which work has not been performed and excludes (i) contracts with an original expected length of one year or less and (ii) contracts for which the company recognizes revenue at the amount to which it has the right to invoice for services performed. At June 30, 2026, the company had approximately $0.8 billion of remaining performance obligations of which approximately 23% is estimated to be recognized as revenue by the end of 2026, 37% by the end of 2027, 22% by the end of 2028, 11% by the end of 2029 and 7% thereafter.