v3.26.1
Property and Equipment
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
Major classes of property and equipment were as follows:
June 30, 2026December 31, 2025
(in thousands)
Computer equipment and network hardware
$245,383 $227,762 
Furniture, fixtures, and office equipment
2,667 2,639 
Leasehold improvements
1,272 1,117 
Purchased software
1,102 1,108 
Gross property and equipment
250,424 232,626 
Accumulated depreciation
(134,379)(124,080)
Property and equipment, net
$116,045 $108,546 
Depreciation expense related to property and equipment totaled $8.7 million and $5.8 million for the three months ended June 30, 2026 and 2025, respectively, and $16.8 million and $10.9 million for the six months ended June 30, 2026 and 2025, respectively.
The Company's property and equipment, net by geographical region was as follows:
June 30, 2026December 31, 2025
(in thousands)
United States
$104,825 $95,035 
International
11,220 13,511 
Total
$116,045 $108,546