v3.26.1
Property and Equipment
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
The following table represents the property and equipment balances:
June 30,
2026		December 31,
2025
(In thousands)
Equipment$105,546 $104,071 
Furniture and fixtures4,965 4,672 
Leasehold improvements19,609 18,606 
Purchased software and internal-use software development costs178,016 165,885 
Construction in progress27,019 23,426 
Property and equipment, gross335,155 316,660 
Accumulated depreciation and amortization(213,207)(196,549)
Total property and equipment, net$121,948 $120,111 
Depreciation and amortization expense of property and equipment was $9.3 million and $8.6 million for the three months ended June 30, 2026 and 2025, respectively, and $18.5 million and $17.2 million for the six months ended June 30, 2026 and 2025, respectively, of which amortization expense related to purchased software and internal-use software development costs was $6.4 million and $5.6 million for the three months ended June 30, 2026 and 2025, respectively, and $12.6 million and $11.0 million for the six months ended June 30, 2026 and 2025, respectively.
The geographic location of the Company’s property and equipment, net, is based on the physical location in which it is located. The following table summarizes the geographic information for property and equipment, net:
June 30,
2026		December 31,
2025
(In thousands)
United States$118,427 $116,102 
Rest of world
3,521 4,009 
Total property and equipment, net$121,948 $120,111