v3.26.1
Revenues from Contracts (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue See details in the table below:
Three months ended June 30, 2026Three months ended June 30, 2025
Revenue streamApplication SoftwareNetwork SoftwareTechnology Enabled ProductsTotalApplication SoftwareNetwork SoftwareTechnology Enabled ProductsTotal
Software related
Recurring$887.8 $314.2 $14.4 $1,216.4 $806.0 $279.6 $11.7 $1,097.3 
Reoccurring117.6 84.6 — 202.2 116.8 70.6 — 187.4 
Non-recurring175.4 32.1 — 207.5 172.1 35.2 — 207.3 
Total Software Revenue1,180.8 430.9 14.4 1,626.1 1,094.9 385.4 11.7 1,492.0 
Product Revenue— — 482.8 482.8 — — 451.6 451.6 
Total Revenue$1,180.8 $430.9 $497.2 $2,108.9 $1,094.9 $385.4 $463.3 $1,943.6 

Six months ended June 30, 2026Six months ended June 30, 2025
Revenue streamApplication SoftwareNetwork SoftwareTechnology Enabled ProductsTotalApplication SoftwareNetwork SoftwareTechnology Enabled ProductsTotal
Software related
Recurring$1,768.0 $625.0 $27.9 $2,420.9 $1,575.4 $554.9 $20.6 $2,150.9 
Reoccurring257.0 169.1 — 426.1 250.7 138.3 — 389.0 
Non-recurring347.3 64.4 — 411.7 337.0 68.1 — 405.1 
Total Software Revenue2,372.3 858.5 27.9 3,258.7 2,163.1 761.3 20.6 2,945.0 
Product Revenue— — 945.5 945.5 — — 881.4 881.4 
Total Revenue$2,372.3 $858.5 $973.4 $4,204.2 $2,163.1 $761.3 $902.0 $3,826.4 
Schedule of Contract Balances
Contract balances
Balance sheet accountJune 30, 2026December 31, 2025Change
Unbilled receivables $153.8 $124.0 $29.8 
Deferred revenue – current
(1,707.8)(1,906.8)199.0 
Deferred revenue – non-current (1)
(170.4)(170.8)0.4 
Net contract assets/(liabilities)$(1,724.4)$(1,953.6)$229.2 
(1)The non-current portion of deferred revenue is included in “Other liabilities” in our Condensed Consolidated Balance Sheets.