v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill are as follows:
Balance as of December 31, 2025$6,221,366 
Acquisitions8,556 
Impairment(1,671,000)
Foreign currency translation adjustments(3,929)
Balance as of June 30, 2026 (1)
$4,554,993 
_________________________
(1) The carrying amount of goodwill is presented net of accumulated impairment losses of $1,671.0 million.
Schedule of Intangible Assets, Definite-Lived
Components of intangible assets other than goodwill are as follows:
June 30, 2026December 31, 2025
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-life intangibles:
Developed technology$572,827 $(280,937)$291,890 $574,250 $(266,368)$307,882 
Customer relationships646,116 (185,307)460,809 652,028 (176,158)475,870 
Capitalized development expenses981,703 (597,502)384,201 921,399 (546,111)375,288 
Other Intangible Assets71,893 (63,986)7,907 78,007 (68,873)9,134 
Trademarks17,769 (740)17,029 — — — 
Total definite-life intangibles2,290,308 (1,128,472)1,161,836 2,225,684 (1,057,510)1,168,174 
Indefinite-life intangibles:
Trademarks— — — 481,234 — 481,234 
Total Intangible assets$2,290,308 $(1,128,472)$1,161,836 $2,706,918 $(1,057,510)$1,649,408 
Schedule of Intangible Assets, Indefinite-Lived
Components of intangible assets other than goodwill are as follows:
June 30, 2026December 31, 2025
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-life intangibles:
Developed technology$572,827 $(280,937)$291,890 $574,250 $(266,368)$307,882 
Customer relationships646,116 (185,307)460,809 652,028 (176,158)475,870 
Capitalized development expenses981,703 (597,502)384,201 921,399 (546,111)375,288 
Other Intangible Assets71,893 (63,986)7,907 78,007 (68,873)9,134 
Trademarks17,769 (740)17,029 — — — 
Total definite-life intangibles2,290,308 (1,128,472)1,161,836 2,225,684 (1,057,510)1,168,174 
Indefinite-life intangibles:
Trademarks— — — 481,234 — 481,234 
Total Intangible assets$2,290,308 $(1,128,472)$1,161,836 $2,706,918 $(1,057,510)$1,649,408 
Schedule of Intangible Assets, Amortization Expense
The aggregate amortization expense for definite-life intangible assets is reflected in the Condensed Consolidated Statements of Operations as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cost of subscriptions and licenses$295 $286 $581 $571 
Amortization of intangible assets44,570 38,284 87,563 75,637 
Total amortization expense$44,865 $38,570 $88,144 $76,208 
Schedule of Other Operating Expense (Income), Net A summary of components within this account are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Goodwill impairment$1,671,000 $— $1,671,000 $— 
Indefinite-life intangible asset impairment463,660 — 463,660 — 
Other operating expense (income)2,326 (16,529)6,779 (12,976)
Total Other operating expense (income), net$2,136,986 $(16,529)$2,141,439 $(12,976)