v3.26.1
Income taxes
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income taxes
17. Income Taxes
The effective tax rate for the three months ended June 30, 2026 was 2.1% compared to (1.9)% for the three months ended June 30, 2025. The total tax benefit for the three months ended June 30, 2026 was $(7,964) compared to a provision of $10,400 for the three months ended June 30, 2025. The effective tax rate for the six months ended June 30, 2026 was (3.1)% compared to (5.3)% for the six months ended June 30, 2025. The total tax provision for the six months ended June 30, 2026 was $23,577 compared to a provision of 36,468 for the six months ended June 30, 2025. The Company recognized a tax provision on pre-tax losses for the six months ended June 30, 2026, principally due to an impact from the valuation allowance, projected pretax earnings in certain foreign operations as well as expected taxes to be incurred under the Organization for Economic Cooperation and Development's Pillar Two framework.