v3.26.1
Revenue
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table summarizes the primary components of marketplace and service revenue. This level of disaggregation takes into consideration how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors (in thousands):
Three months ended June 30,Six months ended June 30,
2026202520262025
Auction marketplace revenue$92,401 $92,267 $186,178 $182,250 
Other marketplace revenue88,306 75,397 168,657 143,074 
Data services revenue8,540 8,331 16,622 16,608 
Marketplace and service revenue$189,247 $175,995 $371,457 $341,932 
Contract liabilities represent consideration collected prior to satisfying performance obligations. The Company had $7.3 million and $5.6 million of contract liabilities included in Accrued other liabilities on the Condensed Consolidated Balance Sheets at June 30, 2026 and December 31, 2025, respectively. Revenue recognized for the three months ended June 30, 2026 from amounts included in deferred revenue as of March 31, 2026, was $7.7 million. Revenue recognized for the six months ended June 30, 2026 from amounts included in deferred revenue as of December 31, 2025 was $5.6 million. All of the remaining performance obligations for contracts are expected to be recognized within one year.