v3.26.3
Software, Equipment, and Property
 9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Software, Equipment, and Property
9.
SOFTWARE, EQUIPMENT, AND PROPERTY

Software, equipment, and property as of September 30, 2026 and December 31, 2025 consists of the following (in thousands):

 

September 30,

 

December 31,

 

 

2026

 

2025

 

 

 

 

 

 

Software, licenses and database

$

364,247

 

$

316,557

 

Leasehold improvements

 

31,710

 

 

31,590

 

Building and land

 

4,910

 

 

4,910

 

Computer equipment

 

2,889

 

 

4,624

 

Furniture and other equipment

 

1,025

 

 

1,466

 

Total software, equipment, and property

 

404,781

 

 

359,147

 

Less accumulated depreciation and amortization

 

(231,610

)

 

(192,351

)

Software, equipment, and property—Net

$

173,171

 

$

166,796

 

 

Depreciation and amortization expense related to software, equipment and property was $14.8 million and $17.0 million for the three months ended September 30, 2026 and 2025, respectively. Depreciation and amortization expense related to software, equipment and property was $42.1 million and $44.4 million for the nine months ended September 30, 2026 and 2025, respectively.