| Schedule of Revenue by Services |
The following table summarizes revenue recorded during the three and six months ended June 30, 2026 and 2025 (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Cloud subscriptions | $ | 131,667 | | | $ | 106,915 | | | $ | 256,178 | | | $ | 206,741 | | | Other subscriptions | 26,015 | | | 25,742 | | | 61,815 | | | 60,268 | | | Total subscriptions | 157,682 | | | 132,657 | | | 317,993 | | | 267,009 | | | Professional services | 45,574 | | | 37,983 | | | 87,443 | | | 70,057 | | | Total revenue | $ | 203,256 | | | $ | 170,640 | | | $ | 405,436 | | | $ | 337,066 | |
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| Schedule of Contract Asset and Contract Liability |
The following table sets forth our contract asset and contract liability balances (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | As of | | June 30, 2026 | | December 31, 2025 | | June 30, 2025 | | December 31, 2024 | Contract assets, current* | $ | 7,788 | | | $ | 10,877 | | | $ | 10,376 | | | $ | 12,933 | | Contract assets, non-current* | 191 | | | 208 | | | 211 | | | 643 | | | Total contract assets | $ | 7,979 | | | $ | 11,085 | | | $ | 10,587 | | | $ | 13,576 | | | | | | | | | | | Deferred revenue, current | $ | 314,263 | | | $ | 341,281 | | | $ | 264,917 | | | $ | 281,760 | | | Deferred revenue, non-current | 7,208 | | | 8,962 | | | 10,798 | | | 5,477 | | | Total contract liabilities | $ | 321,471 | | | $ | 350,243 | | | $ | 275,715 | | | $ | 287,237 | |
* Current and non-current contract assets are reported as components of the ‘Prepaid expenses and other current assets’ and ‘Other assets’ line items, respectively, in our consolidated balance sheets.
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