v3.26.1
Leases
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases
7. Leases
The Company’s lease portfolio consists of office facilities, managed data center facilities and vehicles for its U.S. and international locations, with terms expiring through 2034. The Company accounts for these as operating leases and applies the short-term lease measurement and recognition exemption to leases with terms of 12 months or less. For real estate leases, the Company has elected the practical expedient to not separate lease and nonlease components.
The following table summarizes assets and liabilities related to the Company’s operating leases:
 Condensed Consolidated Balance Sheets LocationJune 30, 2026December 31, 2025
(In thousands)
Operating lease assetsOperating lease right-of-use assets, net$28,622 $28,810 
Current liabilitiesAccrued and other current liabilities$10,050 $9,108 
Non-current liabilitiesOperating lease liabilities, non-current$20,442 $21,674 
The following table presents the components of the Company’s total lease expense:
Condensed Consolidated StatementsThree Months Ended June 30,Six Months Ended June 30,
 of Operations Location2026202520262025
(In thousands)
Operating lease cost:
   Fixed lease costs Cost of revenue and operating expenses$3,298 $2,891 $6,543 $5,198 
   Variable lease costsOperating expenses315 306 726 480 
   Short-term lease costsOperating expenses331 418 697 820 
   Lease impairment cost
Impairment charges— — — 99 
   Sublease incomeOperating expenses(466)(107)(949)(164)
Total lease cost$3,478 $3,508 $7,017 $6,433 
As of June 30, 2026, the maturities of the Company’s lease liabilities under operating leases were as follows:
YearOperating Leases
(In thousands)
Remainder of 2026$6,448 
202711,685 
20289,078 
20296,496 
20302,632 
Thereafter979 
Total minimum payments required$37,318 
Less: imputed interest6,826 
Total present value of lease liabilities$30,492 
The following table summarizes weighted-average lease terms and discount rates for the Company’s operating leases:
June 30, 2026December 31, 2025
Weighted-average remaining lease term (in years)3.42 years3.53 years
Weighted-average discount rate10.01%9.85%
Leases
7. Leases
The Company’s lease portfolio consists of office facilities, managed data center facilities and vehicles for its U.S. and international locations, with terms expiring through 2034. The Company accounts for these as operating leases and applies the short-term lease measurement and recognition exemption to leases with terms of 12 months or less. For real estate leases, the Company has elected the practical expedient to not separate lease and nonlease components.
The following table summarizes assets and liabilities related to the Company’s operating leases:
 Condensed Consolidated Balance Sheets LocationJune 30, 2026December 31, 2025
(In thousands)
Operating lease assetsOperating lease right-of-use assets, net$28,622 $28,810 
Current liabilitiesAccrued and other current liabilities$10,050 $9,108 
Non-current liabilitiesOperating lease liabilities, non-current$20,442 $21,674 
The following table presents the components of the Company’s total lease expense:
Condensed Consolidated StatementsThree Months Ended June 30,Six Months Ended June 30,
 of Operations Location2026202520262025
(In thousands)
Operating lease cost:
   Fixed lease costs Cost of revenue and operating expenses$3,298 $2,891 $6,543 $5,198 
   Variable lease costsOperating expenses315 306 726 480 
   Short-term lease costsOperating expenses331 418 697 820 
   Lease impairment cost
Impairment charges— — — 99 
   Sublease incomeOperating expenses(466)(107)(949)(164)
Total lease cost$3,478 $3,508 $7,017 $6,433 
As of June 30, 2026, the maturities of the Company’s lease liabilities under operating leases were as follows:
YearOperating Leases
(In thousands)
Remainder of 2026$6,448 
202711,685 
20289,078 
20296,496 
20302,632 
Thereafter979 
Total minimum payments required$37,318 
Less: imputed interest6,826 
Total present value of lease liabilities$30,492 
The following table summarizes weighted-average lease terms and discount rates for the Company’s operating leases:
June 30, 2026December 31, 2025
Weighted-average remaining lease term (in years)3.42 years3.53 years
Weighted-average discount rate10.01%9.85%