v3.26.1
Deferred Revenue
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Deferred Revenue Deferred Revenue
Deferred revenue consisted of the following:
June 30, 2026December 31, 2025
Current:
Applications and Commerce$950.0 $875.2 
Core Platform1,577.9 1,509.0 
$2,527.9 $2,384.2 
Noncurrent:
Applications and Commerce$227.0 $217.8 
Core Platform756.0 717.1 
$983.0 $934.9 
The increase in deferred revenue was primarily driven by payments received in advance of satisfying our performance obligations, offset by $721.7 million and $1,652.9 million of revenue recognized during the three and six months ended June 30, 2026 that was included in the deferred revenue balance as of December 31, 2025. Deferred revenue as of June 30, 2026 represents our aggregate remaining performance obligations that will be recognized as revenue over the period in which the performance obligations are expected to be satisfied, as follows:
Remainder of 20262027202820292030ThereafterTotal
Applications and Commerce$656.1 $392.8 $96.8 $20.8 $6.4 $4.1 $1,177.0 
Core Platform1,034.9 809.1 245.6 102.4 57.7 84.2 2,333.9 
$1,691.0 $1,201.9 $342.4 $123.2 $64.1 $88.3 $3,510.9