v3.26.1
Property and Equipment
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consist of the following:
As of June 30,As of December 31,
20262025
(In thousands)
Capitalized internal-use software developments costs$464,892 $421,795 
Data center equipment
19,639 27,843 
Leasehold improvements62,186 62,143 
Office equipment47,902 46,709 
Furniture and fixtures9,965 10,399 
Software15,431 14,927 
Total property and equipment620,015 583,816 
Less: accumulated depreciation and amortization
(433,387)(406,853)
Total property and equipment, net$186,628 $176,963 
Depreciation and amortization expense was $17.7 million and $22.3 million in the three months ended June 30, 2026 and 2025, respectively, and $34.6 million and $44.1 million in the six months ended June 30, 2026 and 2025, respectively.
The Company capitalized $22.8 million and $17.6 million in internal‑use software development costs in the three months ended June 30, 2026 and 2025, respectively, and $46.1 million and $33.9 million in the six months ended June 30, 2026 and 2025, respectively.