| Schedule of Disaggregation of Revenue |
The following table summarizes the revenue by region based on the billing address of customers who have contracted to use the Company’s global network and products: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | | | | | (dollars in thousands) | | (dollars in thousands) | | Amount | | Percentage of Revenue | | Amount | | Percentage of Revenue | | Amount | | Percentage of Revenue | | Amount | | Percentage of Revenue | | United States | $ | 354,447 | | | 51 | % | | $ | 251,894 | | | 49 | % | | $ | 670,277 | | | 50 | % | | $ | 486,781 | | | 49 | % | Europe, Middle East, and Africa | 187,039 | | | 27 | % | | 143,438 | | | 28 | % | | 362,717 | | | 27 | % | | 277,291 | | | 28 | % | | Asia Pacific | 99,444 | | | 14 | % | | 75,144 | | | 15 | % | | 198,092 | | | 15 | % | | 148,539 | | | 15 | % | | Other | 55,131 | | | 8 | % | | 41,840 | | | 8 | % | | 104,730 | | | 8 | % | | 78,792 | | | 8 | % | | Total | $ | 696,061 | | | 100 | % | | $ | 512,316 | | | 100 | % | | $ | 1,335,816 | | | 100 | % | | $ | 991,403 | | | 100 | % |
The following table summarizes the revenue from contracts by type of customer: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | | | | | (dollars in thousands) | | (dollars in thousands) | | Amount | | Percentage of Revenue | | Amount | | Percentage of Revenue | | Amount | | Percentage of Revenue | | Amount | | Percentage of Revenue | Channel partners | $ | 217,653 | | | 31 | % | | $ | 130,415 | | | 25 | % | | $ | 410,613 | | | 31 | % | | $ | 242,970 | | | 25 | % | Direct customers | 478,408 | | | 69 | % | | 381,901 | | | 75 | % | | 925,203 | | | 69 | % | | 748,433 | | | 75 | % | | Total | $ | 696,061 | | | 100 | % | | $ | 512,316 | | | 100 | % | | $ | 1,335,816 | | | 100 | % | | $ | 991,403 | | | 100 | % |
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| Schedule of Deferred Contract Acquisition Costs |
The following table summarizes the activity of the deferred contract acquisition costs: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | (in thousands) | | (in thousands) | | Beginning balance | $ | 225,481 | | | $ | 174,543 | | | $ | 219,499 | | | $ | 172,217 | | Capitalization of contract acquisition costs | 47,548 | | | 33,540 | | | 84,510 | | | 58,998 | | Amortization of deferred contract acquisition costs | (32,506) | | | (24,164) | | | (63,486) | | | (47,296) | | | Ending balance | $ | 240,523 | | | $ | 183,919 | | | $ | 240,523 | | | $ | 183,919 | |
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