Revenue from contract with customers (Tables)

6 Months Ended

Jun. 30, 2026

Revenue from Contract with Customer [Abstract]

The following table reflects the change in contract liabilities between December 31, 2025 and June 30, 2026:


(in thousands)	Amount
Balance at December 31, 2025	$	88,250
Revenue recognized that was included in the contract liability at the beginning of the year	(50,079)
Net increase, excluding amounts recognized as revenue during the period	72,898
Balance at June 30, 2026	$	111,069

Schedule of Remaining Performance Obligations

The following table illustrates estimated revenues expected to be recognized in the future related to performance obligations from contract liabilities that are unsatisfied, or partially unsatisfied, as of June 30, 2026. The Company has elected to exclude short-term contracts, sales and usage-based royalties and any other variable consideration recognized on an “as invoiced” basis.


(in thousands)	Amount
Remainder of 2026	$	67,861
2027	15,744
2028	3,772
2029	3,339
2030	2,955
Thereafter	17,398
Total	$	111,069