v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense are as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease cost$7,254$6,620$14,251$12,395
Short-term lease cost300260947512
Total lease cost$7,554$6,880$15,198$12,907
Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows (in thousands):

Six Months Ended June 30,
20262025
Cash paid for operating lease liabilities, net of tenant incentives received $12,741$10,322
ROU assets recognized for new leases and amendments (non-cash)$2,021$51,602


Other information related to leases is as follows:

As of,
June 30, 2026December 31, 2025
Weighted average remaining lease term 6.2 years6.6 years
Weighted average discount rate6.70 %6.71 %
Schedule of Supplemental Balance Sheet Information Related to Operating Leases
Supplemental balance sheet information related to the Company’s operating leases is as follows (in thousands):
As of,
June 30, 2026December 31, 2025
Operating lease ROU assets$92,793$101,126
Operating lease liabilities, current23,32524,757
Operating lease liabilities, non-current90,60095,991
Total lease liabilities$113,925$120,748
Schedule of Future Undiscounted Annual Cash Flows
Future undiscounted annual cash flows for the Company’s operating leases as of June 30, 2026 are as follows (in thousands):
Fiscal Year Ending December 31,Operating Leases
Remaining portion of 2026$13,771 
202720,864 
202820,863 
202920,769 
203021,054 
Thereafter42,720 
Total future undiscounted lease payments140,041 
Less imputed interest(26,116)
Total lease liabilities$113,925