v3.26.3
Revenue (Tables)
 9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Three months ended September 30,Nine months ended September 30,
(in millions)2026202520262025
License-based $459.0 $435.0 $1,359.0 $1,281.4 
Asset-based103.0 84.7 294.9 252.8 
Transaction-based110.1 97.7 326.2 270.2 
Consolidated revenue$672.1 $617.4 $1,980.1 $1,804.4 
Summary of Contract Assets and Change in Deferred Commissions
The following table summarizes our contract assets balance:

(in millions)As of September 30, 2026As of December 31, 2025
Accounts receivable, less allowance for credit losses$427.7 $390.4 
Deferred commissions60.0 65.5 
Total contract assets$487.7 $455.9 
Contract with Customer, Receivable
The following table presents revenue recognized that was included in the deferred revenue balance at the beginning of the period:
Nine months ended September 30,
(in millions)20262025
Revenue recognized that was included in opening deferred revenue$537.0 $494.3 
Contract with Customer, Liability The following table summarizes our contract liabilities balance:
(in millions)As of September 30, 2026As of December 31, 2025
Deferred revenue (current)$600.3 $586.1 
Deferred revenue (non-current)21.8 21.0 
Total contract liabilities$622.1 $607.1