v3.26.3
Intangible Assets
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Excluding Goodwill, after Accumulated Amortization [Abstract]  
Intangible Assets Intangible Assets
The gross carrying amount and accumulated amortization of our intangible assets, other than goodwill, were as follows:
September 30, 2026December 31, 2025
In thousandsGross
Accumulated
Amortization
NetGross
Accumulated
Amortization
Net
Core-developed technology$78,023 $(39,294)$38,729 $54,168 $(32,993)$21,175 
Customer contracts and relationships531,868 (317,422)214,446 359,837 (299,893)59,944 
Trademarks and trade names27,741 (25,864)1,877 28,076 (25,858)2,218 
Total intangible assets
$637,632 $(382,580)$255,052 $442,081 $(358,744)$83,337 

On January 5, 2026, we completed the acquisition of 100% of the outstanding equity of Locusview, Ltd. and subsidiaries (collectively, Locusview) a privately held utility-focused software and services company that is based in the United States and Israel. The purchase resulted in the addition of intangible assets of $204.5 million including $179.0 million identified customer contracts and relationships and $25.5 million of core-developed technology. The customer contracts and relationships and core-developed technology will be amortized over the ten-year and five-year useful lives, respectively, using the straight-line method. Refer to Note 5: Goodwill and Note 16: Business Combinations for additional information.
Estimated future annual amortization is as follows:
Year Ending December 31,Estimated Annual Amortization
In thousands
2026 (amount remaining at September 30, 2026)$10,360 
202738,622 
202833,030 
202930,925 
203030,000 
Thereafter112,115 
Total intangible assets subject to amortization$255,052 

Amortization ExpenseThree Months Ended September 30,Nine Months Ended September 30,
In thousands2026202520262025
Amortization Expense$11,030 $4,403 $32,745 $13,425 

We recognize all amortization expense within amortization of intangible assets in the Consolidated Statements of Operations, except core-developed technology, which is included in cost of revenues. These expenses relate to intangible assets acquired as part of business combinations.