v3.26.1
Revenues - Schedule of Disaggregation of Revenues (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Disaggregation of Revenue [Line Items]        
Revenue from contracts with customers $ 215,613 $ 212,677 $ 427,063 $ 413,352
Revenue from leases [1] 64,738 32,074 123,750 64,158
Total revenue 280,351 244,751 550,813 477,510
Colocation        
Disaggregation of Revenue [Line Items]        
Revenue from contracts with customers 166,430 154,819 329,449 306,675
Revenue from leases [1] 44,186 24,494 84,508 47,883
Total revenue 210,616 179,313 413,957 354,558
Interconnection        
Disaggregation of Revenue [Line Items]        
Revenue from contracts with customers 24,661 27,398 49,573 53,933
Revenue from leases [1] 0 95 41 101
Total revenue 24,661 27,493 49,614 54,034
Other        
Disaggregation of Revenue [Line Items]        
Revenue from contracts with customers 5,755 9,331 12,014 16,659
Revenue from leases [1] 6,825 3,554 13,589 5,839
Total revenue 12,580 12,885 25,603 22,498
Recurring Revenues        
Disaggregation of Revenue [Line Items]        
Revenue from contracts with customers 196,846 191,548 391,036 377,267
Revenue from leases [1] 51,011 28,143 98,138 53,823
Total revenue 247,857 219,691 489,174 431,090
Non-recurring Revenues        
Disaggregation of Revenue [Line Items]        
Revenue from contracts with customers [2] 5,743 10,468 9,224 16,982
Revenue from leases [1],[2] 6,602 1,560 10,477 4,023
Total revenue [2] 12,345 12,028 19,701 21,005
Metered Power Revenues        
Disaggregation of Revenue [Line Items]        
Revenue from contracts with customers 13,024 10,661 26,803 19,103
Revenue from leases [1] 7,125 2,371 15,135 6,312
Total revenue $ 20,149 $ 13,032 $ 41,938 $ 25,415
[1] Refer to Note 5 - Leases for additional disclosures related to the Company’s lease arrangements under Topic 842.
[2] Our non-recurring revenues consist of installation services and other one-time charges such as termination fees and storage fees. These services are considered to be non-recurring because they are billed typically once, upon completion of the installation, professional service work performed, or based on customer consumption of power, rather than on a fixed, recurring basis.