v3.26.1
Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The change in the carrying amount of goodwill for the six months ended June 30, 2026 was as follows (in thousands):
Balance—December 31, 2025$192,305 
Foreign currency translation and other adjustments(1,585)
Balance—June 30, 2026$190,720 
Intangible assets—net consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands, except years):
June 30, 2026Useful Life
(Years)
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Developed technology
4–5
$10,427 $(5,025)$5,402 
Trade names56,097 (1,747)4,350 
Customer relationships
12–15
32,484 (9,265)23,219 
Total intangible assets$49,008 $(16,037)$32,971 
December 31, 2025Useful Life
(Years)
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Developed technology
4–5
$16,870 $(10,265)$6,605 
Trade names56,992 (2,196)4,796 
Customer relationships
12–15
32,770 (8,146)24,624 
Total intangible assets$56,632 $(20,607)$36,025 
For the three months ended June 30, 2026 and 2025, the Company recorded amortization expense of $1.4 million and $1.2 million, respectively. For the six months ended June 30, 2026 and 2025, the Company recorded amortization expense of $2.8 million and $2.5 million, respectively.
As of June 30, 2026, future amortization of intangible assets that will be recorded in cost of revenue and general and administrative expenses is estimated as follows (in thousands):
Amortization
Remainder of 2026$2,741 
20274,404 
20284,126 
20294,126 
20304,060 
Thereafter13,514 
Total remaining amortization$32,971