v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Intangible Assets
The Company’s intangible assets are summarized as follows (in thousands):
June 30, 2026
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted-Average Remaining Useful Life (Years)
Developed technology$262,961 $(144,541)$118,420 4.7
Customer relationships79,950 (57,436)22,514 6.6
Total intangible assets$342,911 $(201,977)$140,934 5.0
December 31, 2025
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted-Average Remaining Useful Life (Years)
Developed technology$212,463 $(127,638)$84,825 3.8
Customer relationships75,950 (55,411)20,539 6.4
Total intangible assets$288,413 $(183,049)$105,364 4.3
Schedule of Intangible Assets Amortization Expense Amortization expense recorded on the Company’s intangible assets is summarized as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cost of revenue$8,311 $8,015 $16,019 $15,617 
Sales and marketing905 3,346 2,026 6,651 
Research and development221 658 883 1,290 
Total amortization of acquired intangible assets$9,437 $12,019 $18,928 $23,558 
Schedule of Changes in Carrying Amount of Goodwill
The following table presents the changes in carrying amount of goodwill during the six months ended June 30, 2026 (in thousands):
Beginning balance$574,083 
Additions114,926 
Other adjustments, net(1)
(602)
Ending balance$688,407 
(1) Includes acquisition-related post-closing net working capital adjustments and the effect of foreign currency translation