As of June 30, 2026 and December 31, 2025, the Company’s goodwill was $670.4 million. The Company did not record an impairment charge on goodwill during either of the three and six months ended June 30, 2026 and 2025.


	As of June 30, 2026						As of December 31, 2025
	Gross carrying value		Accumulated amortization		Net carrying value		Gross carrying value		Accumulated amortization		Net carrying value
	(in thousands)
Intangible assets:
Customer relationships	$	69,100	$	(49,666)	$	19,434	$	69,100	$	(45,347)	$	23,753
Developed technology	49,500		(49,500)		—		49,500		(49,500)		—
Trade names	3,300		(3,300)		—		3,300		(3,300)		—
Internet protocol addresses	4,984		(3,186)		1,798		4,984		(2,966)		2,018
Total intangible assets	$	126,884	$	(105,652)	$	21,232	$	126,884	$	(101,113)	$	25,771

Amortization expense was $2.3 million and $4.9 million for the three months ended June 30, 2026 and 2025, respectively. Amortization expense was $4.5 million and $9.8 million for the six months ended June 30, 2026 and 2025, respectively.

The expected amortization expense of intangible assets subject to amortization as of June 30, 2026 is as follows:


	As of June 30, 2026
	(in thousands)
Remainder of 2026	$	4,525
2027	9,051
2028	6,891
2029	378
2030	281
Thereafter	106
Total	$	21,232