v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
Management has concluded that the Company has one operating and reportable segment. The Company provides subscription and support services that consist of a cloud-based platform that drives digital finance transformation and also provides professional services that consist of implementation and consulting services. The technology used in the subscription and support services is based on a single software platform that is deployed to and implemented by customers. The Company manages the business activities on a consolidated basis, and operating segments have not been aggregated. The accounting policies for the operating segment are consistent with those discussed in “Note 2 - Basis of Presentation, Significant Accounting Policies, and Recently-Issued Accounting Pronouncements” in the Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
The Company’s Chief Operating Decision Maker (“CODM”) assesses performance for the operating segment and decides how to allocate resources based on the review of net income. The CODM uses net income, among other measures, for budgeting and resource allocation purposes. Expenses significant to the segment were determined to be cost of revenues, sales and marketing expenses, research and development expenses, general and administrative expenses, interest expense, and the provision for (benefit from) income taxes, all of which are presented in the unaudited condensed consolidated statements of operations for the quarters and six months ended June 30, 2026 and 2025. During the quarter and six months ended June 30, 2026, other significant expenses included depreciation expense of $8.6 million and $17.0 million, respectively, as well as amortization expense of $3.8 million and $7.6 million, respectively. During the quarter and six months ended June 30, 2025, other significant expenses included depreciation expense of $8.0 million and $15.9 million, respectively, as well as amortization expense of $3.5 million and $7.1 million, respectively.
The Company’s intra-entity sales are eliminated upon consolidation. The Company disaggregates its revenue from contracts with customers by geographic location, as it believes it best depicts how the nature, amount, timing, and uncertainty of its revenues and cash flows are affected by economic factors.
The following table sets forth the Company’s revenues by geographic region (in thousands):
Quarter Ended June 30,Six Months Ended June 30,
2026202520262025
United States$126,426 $119,258 $250,798 $235,628 
International61,396 52,767 120,179 103,328 
$187,822 $172,025 $370,977 $338,956 
For the quarter ended June 30, 2026, the United Kingdom (U.K.) represented 10% of total revenues. For the six months ended June 30, 2026, no countries outside the United States (“U.S.”) represented 10% or more of total revenues.
The measure of segment assets is reported in the unaudited condensed consolidated balance sheets as total consolidated assets. The following table sets forth the Company’s long-lived assets, which consist of property and equipment, net, and lease right-of-use assets by geographic region (in thousands):
June 30,
2026		December 31,
2025
United States$12,833 $14,467 
International23,746 21,544 
$36,579 $36,011